Gogoro Reports Q2 2026 Earnings with Revenue Growth, Improved Margins
Gogoro (NASDAQ: GGR) reported second-quarter revenue of $70.6 million for the period ending June 30, 2026, reflecting a year-over-year increase of 7.3%. The growth was driven by stronger scooter sales and fleet deliveries, particularly from its EZZY scooter family and initial Luna model shipments. Gross margin reached 22.6%, marking the highest level in five years due to structural improvements like battery upgrades and manufacturing efficiency gains. The company reported a net loss of $4.9 million for Q2 2026, an improvement from a $21.6 million loss during the same period last year. Adjusted EBITDA rose to $19.3 million compared with $12.5 million in the prior-year quarter due to higher non-GAAP gross profit and cost-saving measures. Gogoro also reaffirmed its full-year revenue guidance of between $285 million and $305 million, citing strong performance during the first half. The company’s total subscriber base reached 677,000 as of Q2 2026, a year-over-year increase of 4%. Management highlighted progress toward non-IFRS profitability for its battery-swapping business in 2026 and aims to achieve hardware segment profitability by 2028.
Topics: adjusted EBITDA gross margin net loss revenue subscriber growth