EVgo (EVGO) Investor presentation summary

Track record and growth

• Exceeded or met annual revenue and Adjusted EBITDA guidance every year since going public, with a 4-year revenue CAGR over 100%.

• Consistently outperformed or met analyst consensus 92% of the time since Q1 2023.

• Maintains $863M in liquidity to fund infrastructure expansion as of May 2026.

Network scale and expansion

• Operates 5,280 network stalls across 1,260+ locations in 47 states, serving all EV models.

• Third largest DC fast charging provider in the US, leveraging AI for site selection.

• Targets 12,500–13,900 public network stalls by 2029, with annual stall build plans supported by DOE and commercial loans.

Financial and operational performance

• Revenue grew 17.3x from 2021 to Q1 2026, reaching $418M TTM as of Q1 2026.

• Customer accounts increased 5.1x to 1.79 million, and public network throughput rose 13.9x to 373 GWh.

• Charging network gross margin improved by 25 percentage points to 39% TTM Q1 2026.

• Adjusted EBITDA margin improved by 234 percentage points since 2021, reaching 3% TTM Q1 2026.