Slide 1: Q1 2026 Earnings Call
Nasdaq: EVGO – investors.evgo.com Q1 2026 Earnings Call May 5, 2026
Slide 2: Safe Harbor & Forward-Looking Statements
SAFE HARBOR & FORWARD-LOOKING STATEMENTS Forward-Looking Statements This presentation contains "forward-looking statements" within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the us
Slide 3: Strategic Overview
01 Strategic Overview Badar Khan, CEO
Slide 4: Record Q1 Revenue & Investing for Growth
RECORD Q1 REVENUE & INVESTING FOR GROWTH ST R AT EG I C Q1 2026 HIGHLIGHTS • Continued progress on $110M +45% Revenue next-generation charging architecture 91GWh +10% Public Network Throughput • Strong partnerships with site hosts and rideshare $(7)M Adjusted EBITDA1 companies • Q1 site host lease s
Slide 5: Key Terms of Amended DOE Loan
KEY TERMS OF AMENDED DOE LOAN 1 QUANTUM $750 million2 5-year deployment period / 17-year loan DEPLOYMENT PERIOD /TERM term Treasury + ~1.2%, capitalized during INTEREST RATE deployment period ADVANCE SCHEDULE Up to quarterly DRAW AND REIMBURSEMENT Draws and reimbursements up to 80% of AMOUNT total e
Slide 6: Structural Drivers of Public EV Charging Demand
STRUCTURAL DRIVERS OF PUBLIC EV CHARGING DEMAND 15.6 2025-2030 • E V V I O e x p e c te d 2 0 % + C AG R 13.1 CAGR 2025-2030 EV VIO 5.7 7.0 8.7 10.8 20%+ • O i l m a r ke t v o l a t i l i ty m a ke s E V s millions 4.5 1.5 2.2 3.3 m o re a tt ra c t i v e 2021 2022 2023 2024 2025 2026P 2027P 2028P
Slide 7: Financial Overview
02 Financial Overview Keefer Lehner, CFO
Slide 8: Key Financial and Operational Trends
KEY FINANCIAL AND OPERATIONAL TRENDS OPERATIONAL STALLS CUSTOMER ACCOUNTS1 (000s) PUBLIC NETWORK THROUGHPUT (GWH) +3.0x +5.1x +13.9x 5,100 5,280 1,739 1,792 366 373 309 4,080 4,240 1,435 277 1,338 2,980 v v v 884 128 2,180 1,680 553 340 26 45 2021 2022 2023 2024 2025 Q1 2025 Q1 2026 12/31/2112/31/22
Slide 9: Key Financial Highlights Q1 2026
KEY FINANCIAL HIGHLIGHTS Q1 2026 1 Non-GAAP measure. See Appendix for reconciliation. 9
Slide 10: Financial and Operational Guidance
FINANCIAL AND OPERATIONAL GUIDANCE R E A F F I R M E D 2 0 2 6 F I N A N C I A L & O P E R AT I O N A L G U I D A N C E 2 N D H A L F W E I G H T E D W I T H Q 4 2 0 2 6 E X I T R AT E A B O V E G U I D A N C E FY2026 REVENUE $410M - $470M ADJUSTED EBITDA1 $(20)M - $20M TOTAL NEW STALLS 1,400 – 1,65
Slide 11: Q&A
Q&A
Slide 12: Appendix
03 Appendix Summary Financials and Reconciliation of Non- GAAP to GAAP Measures
Slide 13: Stall Counts
STALL COUNTS 3/31/2026 3/31/2025 Stalls in operation: EVgo public network" 3,990 3,510 EVgo AV network? 120 110 EVgo eXtend™ ? 1,170 620 Total stalls in operation 5,280 4,240 * Stalls on publicly available chargers at charging stations that we own and operate on our network. ? Stalls at charging sta
Slide 14: Condensed Consolidated Balance Sheets
FINANCIAL STATEMENTS: CONDENSED CONSOLIDATED BALANCE SHEETS 14
Slide 15: Condensed Consolidated Statements of Comprehensive Loss
FINANCIAL STATEMENTS: CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS (UNAUD IT ED ) 15
Slide 16: Condensed Consolidated Statements of Cash Flows
FINANCIAL STATEMENTS: CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUD IT ED ) 16
Slide 17: Definitions of Non-GAAP Financial Measures
DEFINITIONS OF NON-GAAP FINANCIAL MEASURES This presentation includes the following non-GAAP financial measures, in each case as defined below: “Charging Network Gross Profit,” “Charging Network Gross Margin," "Adjusted Gross Profit (Loss)," "Adjusted Gross Margin," "Adjusted General and Administrat
Slide 18: Reconciliations of Non-GAAP Measures to GAAP
RECONCILIATIONS OF NON-GAAP MEASURES TO GAAP 18
Slide 19: Reconciliations of Non-GAAP Measures to GAAP
RECONCILIATIONS OF NON-GAAP MEASURES TO GAAP 19
Slide 20: Reconciliations of Non-GAAP Measures to GAAP
RECONCILIATIONS OF NON-GAAP MEASURES TO GAAP 20