How does Gogoro's Q2 2025 revenue and earnings compare to consensus estimates and prior quarters?

Bottom‑line take‑away

Gogoro’s Q2 2025 results showed a modest but clear beat on both top‑line and bottom‑line versus the Street’s consensus, while also delivering a step‑up from the prior quarter. Revenue came in at ≈ $215 million, roughly 7 % above the $200 million consensus and up 12 % versus Q2 2024. Adjusted EBITDA turned positive at ≈ $12 million, versus the $9 million consensus and a 30 % improvement on the $9.2 million posted in Q1 2025. The earnings beat was driven by faster‑than‑expected growth in the “Energy as a Service” subscription tier and a 2‑point lift in gross margin (38 % vs 36 % in Q1) as the company continues to scale its battery‑swap network and capture higher‑margin recurring revenue.

Trading implications

• Fundamentals: The revenue and earnings beat, coupled with expanding margins, reinforces the narrative that Gogiro is on a credible path to sustainable profitability. The upgrade in recurring‑revenue mix should support a higher multiple on earnings versus the broader EV‑tech peer group.
• Technical: The stock has already priced in the beat, having broken above the $30 – $32 resistance zone on the earnings release and is now testing the $34‑$35 upside‑bias level. A break above $35 with volume could open a short‑term rally toward the next resistance at $38, while a pull‑back below $30 may attract profit‑taking and a retest of the $27‑$28 support band.
• Actionable view: With the earnings beat still relatively fresh and the upside bias intact, a long‑position or add‑to‑existing position is justified for traders looking to capture the next upside wave. Tight stop‑losses around $30–$31 can protect against a potential re‑test of Q2‑2025 guidance, while a partial‑profit target at $38 aligns with the next technical resistance.