EVgo (EVGO) Q2 2026 Earnings Call Transcript

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DATE

Wednesday, Aug. 5, 2026 astatine 8:00 a.m. ET

CALL PARTICIPANTS

• Vice President of Investor Relations - Heather Davis

• Chief Executive Officer - Badar Khan

• Chief Financial Officer - Keefer Lehner

Full Conference Call Transcript

Operator: Good day, and convey you for lasting by. Welcome to the EVgo Second Quarter 2026 Earnings Call. [Operator Instructions] Please beryllium advised, today's league is being recorded. I would present similar to manus the league implicit to your talker today, Heather Davis, Vice President of Investor Relations. Please spell ahead.

Heather Davis: Good morning, and invited to EVgo's Second Quarter 2026 Earnings Call. My sanction is Heather Davis, and I americium the Vice President of Investor Relations astatine EVgo. Joining maine connected today's telephone are Badar Khan, EVgo's Chief Executive Officer; and Keefer Lehner, EVgo's Chief Financial Officer. Today, we volition beryllium discussing EVgo's 2nd 4th 2026 fiscal results and our outlook for the year, followed by a Q&A session. Today's telephone is being webcast and tin beryllium accessed connected the Investors conception of our website astatine investors.evgo.com. The telephone volition beryllium archived and disposable there, on with the company's net merchandise and capitalist presumption aft the decision of this call.

During the call, absorption volition beryllium making forward-looking statements that are taxable to risks and uncertainties, including expectations astir aboriginal performance. Factors that could origin existent results to disagree materially from our expectations are elaborate successful our SEC filings, including successful the Risk Factors conception of our astir caller yearly study connected Form 10-K and quarterly reports connected Form 10-Q. The company's SEC filings are disposable connected the Investors conception of our website. These forward-looking statements use arsenic of today, and we undertake nary work to update these statements aft the call. Also, delight enactment that we volition beryllium referring to definite non-GAAP fiscal measures connected this call.

Information astir these non-GAAP measures, including definitions and applicable reconciliations to the corresponding GAAP measures tin beryllium recovered successful the net materials disposable connected the Investors conception of our website. With that, I'll crook the telephone implicit to Badar Khan, EVgo's CEO.

Badar Khan: Thank you, Heather. EVgo delivered coagulated results for the 2nd quarter, successful enactment with our expectations, portion continuing to physique a durable nationwide infrastructure network. We person a proven way grounds of maturation successful some operational stores and revenue. Since 2021, the twelvemonth we went public, our operational stores are expected to summation astir fourfold by the extremity of 2026. We've delivered accordant maturation twelvemonth successful and twelvemonth out. Total gross is expected to summation adjacent faster astatine 19x by the extremity of 2026. Revenue maturation is driven by a operation of store additions, expanding regular throughput per store and our non-charging gross tied to widen and autonomous vehicles lines of business.