Gogoro Inc. (GGR) Form 6-K — Aug 24, 2026
Gogoro reported Q2 2026 revenue of $70.6 million, up 7.3% year over year, with gross margin surging to 22.6% from 0.3% a year earlier — the company's highest quarterly gross margin in more than five years — and net loss narrowing by $21.6 million to $4.9 million from $26.5 million. The turnaround gained further traction with a fifth consecutive quarter of positive operating cash flow ($26.0 million in H1 2026, up over 70%), Taiwan market share rebounding to 6% from 2% earlier in the year, and adjusted EBITDA of $19.3 million.
Key figures
- Revenue
- 70620000
- Guidance
- 2026 revenue of $285-305 million; battery-swapping business to achieve non-IFRS profitability in 2026; hardware business to reach non-IFRS profitability in 2028
- Total Debt
- ~$331.2 million ($86.0M current borrowings + $245.1M non-current borrowings)
- Revenue Yoy
- 7.3% (10.0% constant currency)
- Total Assets
- 575450000
- Cash Position
- 68844000
- Subscribers
- 677,000 (up 4% from 648,000)
- Gross margin
- 22.6% (vs 0.3% IFRS prior year; non-IFRS 22.6% vs 17.0%)
- Market share
- 6% in Q2 2026, up from 2% earlier in the year
- Adjusted ebitda
- $19.3 million (vs $12.5 million prior year)
- Weighted avg shares q2
- 20,074 thousand (post 1-for-20 reverse split effected October 6, 2025)
- Battery swapping revenue
- $37.4 million (-0.6% YoY, +1.9% constant currency)
- Gold sino share issuance
- 5,300,000 new ordinary shares for approximately $16.7 million (March 2026)
- Net loss yoy improvement
- $21.6 million (from $26.5M loss to $4.9M loss)
- Hardware and others revenue
- $33.2 million (+17.8% YoY, +20.7% constant currency)
- Operating cash flow h1 2026
- $26.0 million (vs $15.2 million prior year, up more than 70%)
- Gold sino funding commitment
- up to NTD$2.5 billion (~$80 million)
- Battery upgrade cost reduction
- $10.9 million YoY decline in battery upgrade costs
- Put options reclassified current
- $15.0 million
- Gross scooter registration growth
- 50.8% YoY
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.