SHARPE
Reported results
- Total GAAP revenue was $91,417 thousand for the third quarter of 2026, compared to $92,299 thousand in the third quarter of 2025.
- GAAP net loss was $49,207 thousand for the third quarter of 2026, compared to $28,356 thousand in the third quarter of 2025.
- GAAP total charging network revenue was $71,788 thousand in Q3 2026, an increase of 29% year-over-year from $55,785 thousand.
- Adjusted Gross Profit (non-GAAP) was $32,365 thousand for Q3 2026, an increase of 21% compared to $26,651 thousand in Q3 2025.
- Adjusted EBITDA (non-GAAP) was $(3,530) thousand for the third quarter of 2026, compared to $(4,975) thousand in Q3 2025.
- Capital Expenditures, Net of Capital Offsets (non-GAAP) was $24,233 thousand in Q3 2026 compared to $4,161 thousand in Q3 2025.
Guidance
- Full year 2026 total new stalls: 1,075 - 1,275
- Full year 2026 total revenue: $375 – $400 million
- Full year 2026 Adjusted EBITDA (non-GAAP): $(30) million – $(15) million
Notes
On November 2, 2026, EVgo’s Board of Directors received an unsolicited and non-binding proposal from LS Power Equity Advisors to acquire all of the outstanding shares of EVgo’s Class A common stock not currently owned by LS Power for $2.00 per share cash consideration.
Price and volatility reaction
The stock moved +0.6% on the print. No front-expiry chain was on file, so there is no straddle expected move. 30-day ATM implied volatility moved -18.6 vol points across the event (constant-maturity series — not the front-week crush).
| Measure | Value | Basis |
|---|---|---|
| Close before release | 1.83 | 2026-11-06 |
| Close after release | 1.84 | 2026-11-09 |
| Realised move | +0.6% | close to close |
| 30d ATM IV change | -18.6 vol pts | constant-maturity series, not the front expiry |
Source
The figures above come from the earnings release the company filed with the SEC on 2026-11-06 (8-K, Item 2.02). Read the original filing on sec.gov.