EVgo (EVGO) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

EVgo

NasdaqGS•Consumer Cyclical•Specialty Retail

$1.51+0.07(0.05%)Market closed

Market Cap

$207.39M

P/S

0.5x

EVgo, Inc. owns and operates a direct current fast charging network for electric vehicles in the United States. It offers electricity directly to drivers; original equipment manufacturer charging and related services; and commercial charging. The company also provides ancillary services, such as customization of digital applications, charging data integration, access to chargers behind parking lot or garage pay gates, microtargeted advertising, and charging reservations; and hardware, design, and construction services for charging sites, as well as ongoing operations, maintenance, and networking and software integration solutions through eXtend. In addition, it offers PlugShare, such as data, research, and advertising services and equipment procurement and operational services. The company was founded in 2010 and is headquartered in El Segundo, California. EVgo, Inc. operates as a subsidiary of EVgo Holdings LLC.

How this company scores

WeakMetricSide Score: 32/100

Grade capped at D — Negative equity — the balance sheet is insolvent. Strongest: Growth (16/25); weakest: Balance Sheet & Red Flags (4/25).

Profitability4/25

Growth16/25

Balance Sheet & Red Flags4/25

Cash & Earnings Quality8/25

Strengths

Growing revenueCash-backed earningsConsistent growth

Grade capped at D

Negative equity — the balance sheet is insolvent.
Interest coverage below 1× (-3.8x) — earnings cannot cover interest.

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/S · 0.5x5y range 0.5x – 12.8x

Currently below its 17-quarter median.

P/B · 5.9x5y range 5.9x – 19.2x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Red Flag

The company posted negative operating margins in recent quarters — core operations are unprofitable.

Earnings Quality

Red Flag

Free cash flow has been negative in 8 of the last 8 quarters — earnings are not translating to cash.

Price & Volume

Market Cap $207.39M

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $402.95M
Q. Revenue: $82.65M
TTM EBITDA: $-110.16M
TTM Op. Income: $-122.94M
Q. Op. Income: $-40.15M
TTM Net Income: $-54.41M
Q. Net Income: $-20.77M
EPS: $-0.15
Shares Out.: $141.08M

$402.95M in TTM revenue grew 30.7% YoY, reaching $82.65M last quarter. TTM EBITDA of $-110.16M and TTM operating income of $-122.94M show growth is flowing through to the bottom line. However, net income is negative at $54.41M — growth is not yet reaching the bottom line. Over the past year, TTM revenue is up 31% — a weakening trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 8.9%
EBITDA Margin: -44.8%
Op. Margin: -48.6%
Net Margin: -25.1%

Op. margin of -48.6% is down 17.1% YoY — costs are rising relative to revenue. Net margin at -25.1% and gross margin of 8.9% show how much of each revenue dollar survives to profit. Across the last 8 quarters, operating margin has fallen for 2 consecutive quarters — a weakening trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: N/A
P/S Ratio: 0.5x
P/B Ratio: N/A

P/S of 0.5x and P/B of 0.0x. P/S is low relative to typical market levels.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $966.90M
Cash: $121.82M
Long-Term Debt: $293.67M
Book Value: $-20.45M
D/E Ratio: N/A
Debt/EBITDA: N/A

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $-6.48M
TTM Free Cash Flow: $-193.34M
FCF Margin: -48.0%
FCF / Net Income: 3.6

TTM FCF of $-193.34M on $-6.48M in operating cash flow. The FCF / Net Income ratio of 3.6x means free cash flow covers net income — earnings are backed by cash. Across the last 8 quarters, free cash flow has fallen for 4 consecutive quarters — a weakening trend.