Flagship explainer

How EVgo Inc. makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$384M · 100%Cost of revenue$303M · 79%Gross profit$80.8M · 21%Operating income−$111M · −29%Income before tax−$101M · −26%Income tax−$5.1M · −1%Net income−$41.6M · −11%As of 2025-12-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$384M100%
Cost of revenue$303M79%
$80.8M21%
−$111M−29%
Income before tax−$101M−26%
Income tax−$5.1M−1%
−$41.6M−11%
Source: · event Dec 31, 2025 · retrieved Jul 26, 2026 · annual-row source set
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