Gogoro (NASDAQ:GGR) Releases Quarterly Earnings Results

Gogoro (NASDAQ:GGR) posted its quarterly earnings data on Thursday. The company reported ($1.41) EPS for the quarter, Zacks reports. Gogoro had a negative return on equity of 80.94% and a negative net margin of 47.07%.

Here are the key takeaways from Gogoro’s conference call:

• Gogoro delivered a record adjusted EBITDA of $59.5 million, operating cash flow of $31.1 million (more than 3x YoY), and improved gross and non‑IFRS margins to 8.3% and 19.5%, reflecting successful cost reductions and efficiency gains.
• The Gogoro Network subscription base grew to 665,000 riders (up 4%), battery swapping revenue rose to $149 million for 2025, and management expects the energy business to achieve non‑IFRS profitability in 2026.
• The scooter/hardware business remains a performance risk—full‑year hardware revenue declined 23.3% and Taiwan market volumes were weak—so Gogoro is tightening models, channels and investment to prevent it from undermining group profitability.
• Product execution showed traction with the EZZY family (including EZZY 500) surpassing 8,700 cumulative sales and being named the best‑selling electric scooter of 2025, supporting a shift toward higher‑value, premium models.
• Management is advancing strategic initiatives—Vietnam pilot with Castrol to capture regulatory-driven demand, a modular swapping station pilot in Taiwan (target late 2026), and Gen‑One battery second‑life recycling—to increase network density and lifecycle value.

Gogoro Stock Performance

GGR stock remained flat at $3.00 during mid-day trading on Thursday. 929 shares of the company’s stock were exchanged, compared to its average volume of 13,300. Gogoro has a 52 week low of $2.72 and a 52 week high of $10.00. The stock has a 50-day moving average of $3.29 and a two-hundred day moving average of $4.82. The stock has a market capitalization of $44.31 million, a P/E ratio of -0.33 and a beta of 0.93. The company has a debt-to-equity ratio of 2.62, a quick ratio of 0.77 and a current ratio of 0.95.

Hedge Funds Weigh In On Gogoro

A hedge fund recently raised its stake in Gogoro stock. Citadel Advisors LLC lifted its holdings in Gogoro Inc. (NASDAQ:GGR) by 9.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 181,126 shares of the company’s stock after purchasing an additional 15,749 shares during the period. Citadel Advisors LLC owned 1.23% of Gogoro worth $54,000 at the end of the most recent reporting period. Hedge funds and other institutional investors own 15.87% of the company’s stock.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Gogoro in a research report on Thursday, January 22nd. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.

About Gogoro

Gogoro Inc is a Taiwan-based technology company specializing in electric two-wheeler vehicles and battery-swapping infrastructure. Founded in 2011 by Horace Luke and Matt Taylor, the company pioneered the concept of a large-scale, on-demand battery-as-a-service (BaaS) network. Its flagship offering, the Gogoro Smartscooter, integrates a lightweight, high-performance electric drivetrain with a modular battery pack designed to be exchanged at convenient swap stations.

The core of Gogoro’s business is the Gogoro Energy Network, a proprietary system of battery-swapping stations that allows riders to quickly exchange depleted batteries for fully charged ones.