EVgo Inc. (NASDAQ:EVGO) is one of the best EV stocks to buy according to analysts. On March 3, EVgo reported record financial results for Q4 and the full-year 2025. Q4 revenue reached $118 million, which was a 75% increase year-over-year, while full-year revenue grew 50% to $384 million. Charging network revenue hit a record $64 million in the quarter. The company also achieved positive Adjusted EBITDA for both the quarter and the full year, reporting $24.9 million and $12.0 million, respectively.
Operationally, EVgo expanded its infrastructure by adding over 1,200 stalls in 2025, bringing its total to 5,100 operational stalls. Network throughput reached 99 GWh in Q4 and 366 GWh for the full year, representing a 32% annual increase. Average daily throughput per stall grew to 292 kWh in the final quarter. The company also reported reaching 1.6 million customer accounts and noted that its Autocharge+ feature initiated 30% of all charging sessions in Q4. Additionally, nearly 100 stalls were equipped with J3400 (North American Charging Standard) connectors by the end of the year.
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For 2026, EVgo Inc. (NASDAQ:EVGO) initiated guidance projecting total revenue between $410 million and $470 million. The company expects Adjusted EBITDA to range between $(20) million and $20 million. Management highlighted plans for 2026 expansion with local retailers, including Kroger, and noted that 2025 results included a non-recurring ancillary contract closeout payment of $25.9 million.
EVgo Inc. (NASDAQ:EVGO) owns and operates a direct current fast charging network for EVs in the US. The company offers electricity directly to drivers, OEM charging & related services, fleet & rideshare public charging services, and commercial charging.
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