Skip to main content
Grafa
Energy
Gogoro posts 7% Q2 revenue growth
Image for illustrative purposes only. Not a real photo.

Gogoro posts 7% Q2 revenue growth

Share
  • Gogoro reported Q2 2026 revenue of $70.6 million, up 7.3% year-over-year.
  • Gross margin improved to 22.6% from 0.3% a year earlier, while net loss narrowed to $4.9 million.
  • Gogoro guided 2026 revenue to $285 million–$305 million and stated its battery-swapping business is expected to reach non-IFRS profitability in 2026.

Gogoro (NASDAQ:GGR) reported Q2 2026 revenue of $70.6 million, up 7.3% year-over-year, supported by higher hardware and other revenue.

Battery swapping service revenue was $37.4 million, down 0.6% year-over-year, while hardware and other revenue increased 17.8% to $33.2 million during the quarter.

Gross margin improved to 22.6% under both IFRS and non-IFRS measures, compared with 0.3% a year earlier, while net loss narrowed to $4.9 million from $26.5 million.

Gogoro stated that its battery-swapping business is expected to achieve non-IFRS profitability in 2026.

Operating cash inflow reached $26 million during the first half of 2026, while cash and equivalents totaled $68.8 million, including a $16.7 million investment from Gold Sino.

Gogoro guided 2026 revenue to between $285 million and $305 million as the company continues developing battery-swapping infrastructure and electric mobility products.

Frequently asked questions