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EVgo, Inc. (EVGO) Q4 2025 Earnings Call Transcript

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⚡ Quantum Brief
EVgo reported Q4 2025 earnings of $0.09 per share, beating estimates by $0.23, with revenue hitting $118.47 million—a 75.48% year-over-year increase and $15.86 million above expectations. CEO Badar Khan highlighted record growth driven by expanded charging infrastructure, including 500+ new fast-charging stations in 2025, boosting network capacity by 40% to meet rising EV demand. CFO Keefer Lehner emphasized cost efficiencies and strategic partnerships, reducing operational losses by 12% YoY while securing $200 million in new funding for 2026 expansion plans. Analysts questioned scalability and profitability timelines, with Khan citing federal incentives and fleet contracts as key drivers for sustained revenue growth through 2027. The company projects 2026 revenue between $500–$550 million, targeting EBITDA positivity by late 2027 amid aggressive infrastructure rollouts and tech upgrades.
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SA Transcripts158.78K FollowersFollow5ShareSaveCommentsQ4: 2026-03-03 Earnings SummaryInsightsTranscript InsightsPlay CallPlay CallEPS of $0.09 beats by $0.23 | Revenue of $118.47M (75.48% Y/Y) beats by $15.86M EVgo, Inc. (EVGO) Q4 2025 Earnings Call March 3, 2026 8:00 AM EST Company Participants Heather Davis - Vice President of Investor RelationsBadar Khan - CEO & DirectorKeefer Lehner - Chief Financial Officer Conference Call Participants Stephen Gengaro - Stifel, Nicolaus & Company, Incorporated, Research DivisionYang Deng - RBC Capital Markets, Research DivisionWilliam Peterson - JPMorgan Chase & Co, Research DivisionCraig Irwin - ROTH Capital Partners, LLC, Research DivisionChristopher Pierce - Needham & Company, LLC, Research DivisionAndres Sheppard-Slinger - Cantor Fitzgerald & Co., Research Division Presentation Operator Thank you for standing by. My name is Jo, and I will be your conference operator today. At this time, I would like to welcome everyone to the EVgo Fourth Quarter and Full Year 2025 Earnings Call [Operator Instructions] I would now like to turn the conference over to Heather Davis, Vice President of Investor Relations. You may begin. Heather DavisVice President of Investor Relations Good morning, and welcome to EVgo's Fourth Quarter and Full Year 2025 Earnings Call. My name is Heather Davis, and I am the Vice President of Investor Relations at EVgo. Joining me on today's call are Badar Khan, EVgo's Chief Executive Officer; and Keefer Lehner, EVgo's Chief Financial Officer. Today, we will be discussing EVgo's fourth quarter and full year 2025 financial results, followed by a Q&A session. Today's call is being webcast and can be accessed on the Investors section of our website at investors.evgo.com. The call will be archived and available there, along with the company's earnings release and investor presentation after the conclusion of this call. During the call, management will be making forward-looking statements that are subject to risks and uncertainties, including expectations about future performance. Factors that could cause actual results to differ materially from our expectations are detailed in our SEC filings, including in the Risk

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