Gogoro posts 7% Q2 revenue growth
- 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.
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