EVgo reports Q1 2026 revenue up 45% with record $110M, expands charging network and amends DOE loan.

EVgo Inc. announced a 45% year-over-year revenue increase to $110 million in Q1 2026, driven by growth in its electric vehicle charging network. The company expanded its network to 5,280 stalls, added over 86,000 new customer accounts, and increased network throughput by 10%. EVgo also amended its Department of Energy loan to $750 million to support further scaling and infrastructure development. The company reaffirmed its full-year 2026 revenue guidance of $410-$470 million and expects strong non-charging revenue in Q1 and Q4.