GGR

Image source: The Motley Fool. Thursday, May 21, 2026 at 8 a.m. ET Chief Executive Officer — Henry Chiang Chief Financial Officer — Bruce Aitken Head of Investor Relations — Annie Liao Need a quote from a Motley Fool analyst? Email [email protected] Henry Chiang: Thanks, Annie. Thank you for joining us. Q1 sets a strong tone to kick off the year. We executed with precise discipline. Scooter volume increased, triggering the first step in rolling out our new product road map. Our energy network revenue continues to grow. Subscriber counts continue to expand. Our recurring revenue engine proves its stickiness. The baseline is set. We are carrying this top to bottom momentum straight into Q2 and the rest of the year. Let's start with our Q1 financials. The numbers are the direct result of our continued focus on cost efficiency and operational discipline. We generated $3.1 million in positive operating cash flow, marking a $12 million year-over-year increase. Most importantly, we hit a major structural milestone. Our IFRS and non-IFRS gross margins are now converging at the 20% level. This optimized cost structure allowed us to cut our net loss by $10.7 million down to $7.9 million, while expanding adjusted EBITDA to $16.3 million. Reaching this leaner, stronger baseline is a huge encouragement to me and our entire team. Our energy business is tracking to plan, validating the stickiness of our recurring base. We improved our customer satisfaction. And elevating the rider experience even further requires decisive action. In Q1, we began systematically retiring our Gen 1 batteries and staging our next-generation technology. We also introduced GoStation Q. With 1/3 of footprint, standard 220 volts, and faster charging, it unlocks aggressive overseas expansion. Together, these upgrades are engineered to drive down costs, maximize performance and fortify our long-term economics. To execute, we have allocated approximately $30 million in CapEx this year for these targeted network upgrades. Product is king. Q1 marks the first step in our elevated product road map, bound by a targeted consumer-centric strategy. We are doubling down on engineering our portfolio with clear philosophy and focus. Every vehicle must be exceptionally well designed, easy to use, and a joy to ride, merging immediate emotional appeal with fundamental everyday utility. Our EZZY 500 Disney collaboration...

This article first appeared on GuruFocus. Operating Cash Flow: $3.1 million positive, marking a $12 million year-over-year increase. Gross Margin: IFRS gross margin at 20.4%, up from 4.9% last year; non-IFRS gross margin at 20.5%. Net Loss: Reduced by $10.7 million to $7.9 million. Adjusted EBITDA: $16.3 million, up $2 million from the prior year. Total Revenue: $62.9 million, a 1.1% reduction year-over-year. Battery Swapping Revenue: Increased 6.2% to $36.6 million. Subscribers: 670,000, an increase of 4% year over year. Hardware and Other Revenues: $26.3 million, down 9.8%. Cash Balance: $77.3 million at the end of the quarter. Equity Injection: $16.7 million from Gold Sino, part of an $80 million funding facility. Scooter Sales: 6,216 units, a 32.8% increase, representing 69.4% share of the electric segment in Taiwan. Consolidated Sales: 7,219 units, accounting for 80.6% share of Taiwan's electric two-wheeler market. Warning! GuruFocus has detected 5 Warning Signs with GGR. Is GGR fairly valued? Test your thesis with our free DCF calculator. Release Date: May 21, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Gogoro Inc (NASDAQ:GGR) reported a significant increase in scooter volume, which has triggered the rollout of a new product roadmap. The company achieved a $3.1 million positive operating cash flow, marking a $12 million year-over-year improvement. Gross margins have improved significantly, converging at the 20% level for both IFRS and non-IFRS measures. The Ezzy 500 Disney collaboration was successful, with over 1,000 units ordered in the first month, attracting a younger demographic. Gogoro Inc (NASDAQ:GGR) is expanding into the Vietnam market, which is experiencing a surge in EV adoption, positioning the company for growth in a large market. Total revenue for Q1 was $62.9 million, reflecting a 1.1% reduction year-over-year. There was a temporary anticipated drop in average selling price due to a strategic product mix shift towards entry-level models. Hardware and other revenues decreased by 9.8%, primarily due to the strategic product mix shift. Despite improvements, the company still reported a net loss of $7.9 million for the quarter. The company faces infrastructure bottlenecks in Vietnam, which could impact the rollout of battery swapping stations. Q: You've emphasized a strict focus s...

Operational Discipline and Product Momentum Position Gogoro for Sustained Growth in 2026 TAIPEI, Taiwan, May 21, 2026 (GLOBE NEWSWIRE) -- Gogoro Inc. (“Gogoro,” “the Company” or “we”) (Nasdaq: GGR), a global technology leader in battery swapping ecosystems that enable sustainable mobility solutions for cities, today released its financial results for its first quarter ended March 31, 2026. Operating cash flow for the first quarter of 2026 increased by $12.0 million to $3.1 million, up from $(8.9) million in the same period last year, reflecting improved working capital management and ongoing cost discipline. Continued focus on manufacturing cost discipline and operational efficiency resulted in IFRS gross margin of 20.4% (up 15.5 percentage points year-over-year) and non-IFRS gross margin of 20.5% (up 2.3 percentage points year-over-year), respectively. Notably, our IFRS gross margin has now converged with non-IFRS levels, slightly surpassing last year’s non-IFRS benchmark. Net loss decreased by $10.7 million to $(7.9) million, which is a significant decrease from $(18.6) million in the same period last year. First Quarter 2026 Business Update and Outlook Energy Business Progressing Toward Profitability – We are excited that the energy business is on a clear path to profitability in 2026, consistent with our plan communicated over the past year. During the period, we began enhancing platform efficiency through the retirement and recycling of legacy first generation batteries, improving system utilization and customer experience. At the same time, we are preparing for the deployment of next-generation batteries with improved cost efficiency and higher performance, further strengthening the long-term economics of the energy platform. Planned capital expenditures for the energy business are expected to be approximately $30 million in 2026, supporting ongoing network optimization and technology upgrades. Product Portfolio Execution and Early Growth Signals – The first quarter marked the successful launch of the EZZY 500 Disney co-branded model, generating strong initial demand. Revenue contribution and broader vehicle deliveries for this model are expected to materialize in the second quarter. As a targeted entry-level model, it resulted in a modest dilution to the average selling price, as expected, while overall performance aligned with our expectations. Even...

Interested in Gogoro Inc.? Here are five stocks we like better. Margins improved sharply in Q1 as Gogoro completed its battery upgrade program, helping IFRS gross margin rise to 20.4% from 4.9% a year earlier. Management said the company may be able to sustain margins in the 20% range going forward. Gogoro’s loss narrowed and operating cash flow turned positive, with net loss improving to $7.9 million and first-quarter operating cash flow reaching $3.1 million. The company also ended the quarter with $77.3 million in cash after receiving a $16.7 million equity injection from Gold Sino. The company highlighted growth in subscribers and Taiwan market share, with battery-swapping subscribers rising to 670,000 and Taiwan electric two-wheeler share reaching 69.4% for Gogoro scooter sales. Gogoro also plans a June premium scooter launch, a Vietnam pilot in Q2, and continued network upgrades through its GoStation Q rollout. Gogoro (NASDAQ:GGR) executives said the company began 2026 with improved margins, positive operating cash flow and continued growth in its battery-swapping subscriber base, while outlining plans for new scooter launches, network upgrades and a Vietnam pilot. On the company’s first-quarter earnings call, Chief Executive Officer Henry Chiang said Q1 “sets a strong tone to kick off the year,” citing higher scooter volume, continued growth in energy network revenue and expanding subscriber counts. Chief Financial Officer Bruce Aitken said Gogoro’s results reflected “disciplined execution” as the company managed costs and working capital during a transition in its hardware mix. → CAVA Group’s Stock Looks Delicious After Strong Earnings Gogoro reported first-quarter revenue of $62.9 million, down 1.1% from a year earlier. Aitken said the decline reflected a “deliberate strategic transition” in hardware, offset by growth in recurring services. Battery swapping revenue rose 6.2% to $36.6 million, and the company said it now serves 670,000 subscribers, up 4% year over year. Hardware and other revenue fell 9.8% to $26.3 million, primarily due to a shift toward entry-level models that lowered average selling prices, along with softer component and sharing revenue. → SpaceX IPO: Opportunity? Or the Ultimate Hype Trade? Gross margin improved sharply. Aitken said IFRS gross margin expanded to 20.4% from 4.9% in the year-earlier quarter, closely aligned with n...

Our analysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here. Achieved a structural milestone as IFRS and non-IFRS gross margins converged at the 20% level, driven by the completion of voluntary battery upgrades and optimized cost structures. Generated $3.1 million in positive operating cash flow, a $12 million year-over-year improvement attributed to disciplined working capital and tighter inventory management. Transitioned to a precision-targeted product roadmap, focusing on specific demographics such as the family-oriented EZZY 500 Disney collaboration to drive volume. Experienced temporary ASP dilution due to high entry-level vehicle volume, which management expects to rebalance through upcoming premium product launches. Validated the battery swapping ecosystem's reliability through successful deliveries to law enforcement and public sector fleets for mission-critical use. Identified Vietnam as a critical EV inflection point where surging demand and infrastructure bottlenecks create a strategic window for Gogoro’s premium battery swapping platform. Maintained full-year 2026 revenue guidance of $285 million to $305 million, assuming Taiwan continues to represent approximately 95% of sales. Targeting non-IFRS profitability for the Gogoro Network battery swapping business by the end of 2026, with hardware profitability targeted for 2028. Planned June launch of an all-new premium vehicle tailored for female riders to capture mid-to-high-end demand and expand hardware ASPs. Allocated approximately $30 million in CapEx for targeted network upgrades, including retiring Gen 1 batteries and deploying next-generation technology. Scheduled a Q2 pilot launch in Vietnam to capitalize on local mandates for large-scale battery swapping deployments in municipalities like Ho Chi Minh City. Introduced GoStation Q, featuring a footprint 1/3 the size of standard stations and 220V compatibility to accelerate overseas expansion and network density. Completed the voluntary battery upgrade program in late 2025, resulting in an $8.3 million year-over-year cost reduction and lower depreciation from extended battery lifespans. Secured a $16.7 million equity injection from Gold Sino as the first tranche of a committed $80 million funding facility to support 2026 strategic priorities. Recorded...

TAIPEI, Taiwan, April 30, 2026 (GLOBE NEWSWIRE) -- Gogoro® Inc. (Nasdaq: GGR), a global technology leader in battery swapping ecosystems that enable sustainable mobility solutions for cities, today announced that it will release its financial results for the first quarter ended March 31, 2026, before markets open on May 21, 2026. Gogoro's management team will hold an earnings webcast at 8:00 a.m. Eastern Time on Thursday, May 21, 2026 to discuss the Company's financial and business results and outlook. What: Date of Gogoro Q1 2026 Financial Results and Q&A Webcast When: Thursday, May 21, 2026 Time: 8:00 a.m. Eastern Time / 8:00 p.m. Taipei Standard Time Webcast: https://edge.media-server.com/mmc/p/z26jordr Approximately 24 hours after the Q&A session, an archived version of the webcast will be available on the Company's website for approximately two weeks thereafter. ABOUT GOGORO Founded in 2011 to rethink urban energy, Gogoro is the world’s leader in battery-swapping electric mobility, setting new standards for sustainable mobility. Powering nearly 700,000 riders and over 800 million battery swaps across more than 2,700 GoStation locations, the Gogoro Network redefines how cities move. Recognized globally in 2024, including Fortune’s "Change the World," Fast Company’s "Asia-Pacific's Most Innovative Company," MIT Technology Review’s "15 Climate Tech Companies to Watch," and Frost & Sullivan’s "Global Company of the Year" for battery swapping, Gogoro continues to disrupt the status quo and accelerate the shift to cleaner, smarter mobility, and lead the way in reimagining how cities move.

TAIPEI, Taiwan, April 29, 2026 (GLOBE NEWSWIRE) -- Gogoro Inc. (“Gogoro,” “the Company” or “We”) (Nasdaq: GGR), a global technology leader in battery swapping ecosystems that enable sustainable mobility solutions for cities, today announced that it held its Annual General Meeting of Shareholders (“2026 AGM”) on April 28, 2026. Each of the resolutions submitted to the shareholders for approval at the 2026 AGM has been approved. Specifically, the shareholders of the Company passed and approved by ordinary resolutions that: About Gogoro Founded in 2011 to rethink urban energy, Gogoro is the world’s leader in battery-swapping electric mobility, setting new standards for sustainable mobility. Powering nearly 700,000 riders and over 800 million battery swaps across more than 2,700 GoStation locations, the Gogoro Network redefines how cities move. Recognized globally in 2024, including Fortune’s “Change the World,” Fast Company’s “Asia-Pacific’s Most Innovative Company,” MIT Technology Review’s “15 Climate Tech Companies to Watch,” and Frost & Sullivan’s “Global Company of the Year” for battery swapping, Gogoro continues to disrupt the status quo and accelerate the shift to cleaner, smarter mobility, and lead the way in reimagining how cities move.

This article first appeared on GuruFocus. Release Date: February 12, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Gogoro Inc (NASDAQ:GGR) achieved a record high full year adjusted EBITDA of $59.9 million, up from $44.7 million in 2024. Operating cash flow increased more than three times year over year to $31.1 million. Gross margin improved significantly to 8.3%, up from 2.6% in 2024, with non-IFRS margin reaching 19.5%. The EZ family of products became the best-selling electric scooter of 2025, surpassing 8,700 units in cumulative sales. Gogoro Inc (NASDAQ:GGR) deepened its presence in the B2B and government fleet segments, with notable adoption by Taiwan's government postal service. The Taiwan scooter market faced significant headwinds, declining for a second consecutive year to its lowest level in 10 years. Despite maintaining leadership in the electric scooter segment, Gogoro Inc (NASDAQ:GGR) experienced a 9.4% reduction in full-year revenue from 2024. Hardware revenue declined by 23.3% due to a substantial drop in vehicle sales and delayed product launches. The scooter business has not yet delivered the desired results and is absorbing a disproportionate share of group losses. It will be challenging to replicate the level of OpEx savings achieved in 2025, necessitating further cost-saving measures. Warning! GuruFocus has detected 6 Warning Signs with GGR. Is GGR fairly valued? Test your thesis with our free DCF calculator. Q: You've been executing well on the first phase of your strategy, stabilizing the business, stopping the cash burn, and positioning Gogoro Network to reach profitability in 2026. Assuming the energy business achieves profitability as planned this year, how should we think about your strategy for the scooter business, which from an external perspective appears to be underperforming and absorbing a disproportionate share of group losses? A: The first thing to remember is our focus over the past period was to stabilize the business, get execution back on track, and put Gogoro Network on a path to profitability in 2026. On the scooter business, we know it hasn't yet delivered our desired results. Our approach isn't about growth at any cost. This means being more selective about models, geographies, and channels, reducing complexity, and aligning investment levels with demonstra...

Management deliberately prioritized long-term sustainability over short-term volume, leading to record adjusted EBITDA despite a 9.4% revenue decline. Performance was driven by a 'flight to quality' strategy, focusing on high-value segments like female and family riders who prioritize safety and premium design over basic utility. The company reengineered its vehicle business by slashing portfolio complexity and realigning product roadmaps with specific market demand to improve production planning. Strategic expansion into B2B and government fleet segments, such as the 1,000-unit deployment with Taiwan's postal service, validated the network's durability and reliability. Supply chain optimization and the completion of battery upgrades were primary drivers for the significant expansion of gross margins from 2.6% to 8.3%. The energy business model is shifting toward better network utilization and platform economics as the subscriber base grew 4% despite broader market headwinds. The Gogoro Network energy business is targeted to achieve non-IFRS profitability by the end of 2026, while the hardware business is projected to follow in 2028. Management expects a modest revenue recovery in 2026, forecasting between $285 million and $305 million, with 95% of revenue originating from Taiwan. International expansion will focus on Vietnam, utilizing a pilot with Castrol to capitalize on upcoming fossil fuel motorbike bans in Hanoi starting July 2026. A new modular swapping station with a smaller footprint and improved heat dissipation is slated for pilot deployment in Taiwan by late 2026 to increase network density. The company plans to maximize the value of Gen 1 batteries by transitioning them into 'second life' applications beyond mobility as they are recycled from the network. The Taiwan scooter market hit a 10-year low in 2025, declining 5.9% year-over-year, which remains a significant headwind for hardware sales. Secured an $80 million equity investment commitment for 2026 from the company's largest shareholder to ensure liquidity for near-term objectives. Operating expenses were reduced by $51.9 million on an IFRS basis, though management cautioned that this level of savings is unlikely to be replicated in 2026. Favorable exchange rates contributed approximately $8.9 million to the full-year top line, partially offsetting the impact of lower vehicle volumes. Our a...

Image source: The Motley Fool. Thursday, February 12, 2026 at 7 a.m. ET Chief Executive Officer — Henry Chiang Chief Financial Officer — Bruce Aitken Henry Chiang: Thanks, Annie. Thank you for joining us. In 2025, we deliberately stepped back to simplify and sharpen our focus. We made hard choices and actively restructured to meet market challenges. We consolidated our portfolio, optimized our product mix, and tightened our operational discipline. We prioritized long-term sustainability over short-term results. And the results prove that our refocus worked. While 2025 was a year of challenges, both internally and externally, it was essential for establishing the foundation for Gogoro Inc.’s next chapter. Our outstanding operational results are the direct payoff of our focus on efficiency. By reinforcing our core strengths and optimizing our supply chain, we achieved a record high full-year adjusted EBITDA of $59,900,000, up from $44,700,000 in 2024. Operating cash flow increased more than three times year over year to $31,100,000, while strong execution lifted our gross margin to 8.3%, up from 2.6% in 2024, and our non-IFRS margin to an impressive 19.5%, up from 14.9% in 2024. These are not just numbers. They are the direct result of our team working with discipline and shared accountability. We realigned resources, reduced inventory, and improved production planning, translating tough decisions into real financial improvement. These difficult choices are now clearly reflected in our improved results. We have built a solid foundation. We completed our key milestones in 2025 and are driving our plan forward step by step, with clear focus and determination. In 2025, we did not just update our vehicle business. We reengineered it. We reinforced our technology leadership with the launch of EASI in June, and EZ 500 in September. They were the right products at the right price points. The EZ family of products surpassed 8,700 units in cumulative sales from the time of launch to end of year and was the best-selling electric scooter of 2025. This success demonstrates our ability to innovate, execute, and capture new target audiences. This is not just a sales figure. It is proof that when we innovate with precision, we can create and capture new segments. We applied that same discipline to the entire business. We slashed portfolio complexity and realigned our road ma...

Strong Operational Performance Establishes Foundation for 2026 Growth TAIPEI, Feb. 12, 2026 /PRNewswire/ -- Gogoro Inc. ("Gogoro," "the Company" or "We") (Nasdaq: GGR), a global technology leader in battery swapping ecosystems that enable sustainable mobility solutions for cities, today released its financial results for its fourth quarter and year ended December 31, 2025. Operating cash flow for the full year 2025 rose to $31.1 million, up from $9.9 million from last year, as the Company's continued progress in operating discipline and working capital rigor resulted in stronger cash generation. Net loss improved by more than $40 million, narrowing substantially to $(80.8) million from $(122.8) million last year. Robust operational performance drives adjusted EBITDA to a record $59.9 million in 2025, up from $44.7 million in 2024. Effective supply chain and operational execution boosted gross margin to 8.3% (up 5.7% year-over-year) and non-IFRS gross margin to 19.5% (up 4.6% year-over-year), respectively, supported by improvements in inventory and raw material turnover. 2025 Business Update and Outlook Challenging Market Environment & Financial Resilience - Taiwan's two-wheeler market remained soft through year-end, reflecting continued macroeconomic uncertainty and cautious consumer spending. Despite the prolonged market contraction, Gogoro delivered strong non-IFRS profitability, with adjusted EBITDA of $59.9 million for 2025 exceeding the prior year by $15.2 million, underscoring the Company's operating discipline and resilience in a difficult environment. Energy Business Progressing Toward Profitability & Improving Unit Economics - Total subscribers grew to 665,000 in 2025, supported by the launch of multiple new rate plans designed to better meet evolving customer needs. The energy business continued to approach profitability, reflecting improved operating leverage. During the year, we invested significantly in our energy network, including previously announced battery upgrade initiates. These upgrades have been completed, positioning us to realize both operational efficiencies and financial benefits beginning in 2026 and beyond. Product Portfolio Focus & Readiness for Growth - Following the later-than-planned launch of EZZY and EZZY 500 earlier in the year, Gogoro exited 2025 with a more focused and streamlined product portfolio. Building on this found...