Company / R&D Expense
EVgo Inc. R&D Expense History
FY2020-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$12.2M
FY2025
5-year range
$1.2M / $12.2M
FY2021-FY2025
Trend
+5.2%
vs FY2024
Sector context
#157 of 174
Industrials
What the data says
Among 174 Industrials companies, EVgo Inc. is in the bottom 10% for r&d expense. R&D Expense has increased for 4 consecutive years, from $1M in FY2021 to $12M in FY2025.
Based on SEC 10-K filings.
$12M in FY2025 with a 5-year CAGR of +59.0%.
Improved from $6M to $12M over the past 2 years.
Industrials sector context is included.
R&D Expense over time
Growth rates
- 3-Year CAGR
- +36.5%
- 5-Year CAGR
- +59.0%
- 10-Year CAGR
- -
Sector benchmark
Bottom 10% in IndustrialsTop 90% of 174This company $12.2M Sector average $273.7M
▼
-95.5% below sector average
Key checks
Key Insights
- EVgo Inc.'s r&d expense has grown for 4 consecutive years.
- 5-year CAGR of +59.0%, indicating consistent growth.
- In FY2025, r&d expense increased 5.2% year-over-year.
- Ranks #157 out of 174 companies in the Industrials sector.
Company context
Key Data Points
- Altman Z-Score 0.01 (distress zone, below 1.8 threshold)
- Negative profit margin: -17.3%
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $12.2M | +5.2% |
| FY2024 | $11.6M | +103.5% |
| FY2023 | $5.7M | +18.8% |
| FY2022 | $4.8M | +300.0% |
| FY2021 | $1.2M | +0.0% |
| FY2020 | $1.2M | - |
As of FY2025 · SEC 10-K · Updated Jul 2, 2026