# EVgo Cuts 2026 Revenue Outlook After Mixed Third-Quarter Results

By John Kim

Canonical URL: https://www.tokenpost.com/news/business/54174
Published: 2026-11-11T15:52:10.000Z
Updated: 2026-11-11T15:52:10.000Z
Section: Business

> The new total revenue range is $375 million to $400 million, down from the prior $410 million to $470 million forecast.

EVgo cut its 2026 total revenue outlook after third-quarter results showed gains in charging-network revenue alongside declines in total revenue and a wider net loss. The company now expects total revenue of $375 million to $400 million, down from its previous range of $410 million to $470 million.

EVgo released its third-quarter results Monday, Nov. 9. Charging-network revenue rose 29% year over year, while total revenue fell 1% and net loss widened 74%. Adjusted EBITDA loss narrowed 29%.