NASDAQ : GGR
Gogoro Inc. — Financial statements
Consumer Discretionary · Auto Manufacturers · Taiwan
Last price 2.92 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 58.61M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Gogoro Inc. (GGR) reported revenue of 285.58M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 285.58M | 281.48M | 310.64M | 349.85M | 382.83M | 366.01M |
| Cost of Revenue | 236.96M | 258.32M | 302.71M | 298.91M | 325.11M | 304.92M |
| Gross Profit | 48.62M | 23.16M | 7.93M | 50.94M | 57.71M | 61.09M |
| Selling, General & Admin | 55.95M | 60.42M | 75.93M | 95.42M | 131.25M | 87.81M |
| Research & Development | 25.22M | 25.40M | 34.94M | 40.87M | 45.99M | 30.60M |
| Other Operating Expenses | -2.06M | 441.00K | 2.50M | |||
| Operating Expenses | 79.12M | 86.26M | 113.37M | 136.28M | 177.24M | 118.41M |
| Operating Income | -30.50M | -63.10M | -105.44M | -85.34M | -119.53M | -57.32M |
| Interest Expense | -14.57M | -14.64M | -14.13M | -11.93M | -11.77M | -11.09M |
| Interest & Investment Income | 1.84M | 1.84M | 3.08M | 2.85M | 2.87M | 572.00K |
| Earnings From Equity Investments | -868.00K | -1.32M | -4.09M | -1.22M | ||
| Currency Exchange Gain (Loss) | -780.00K | -780.00K | 955.00K | -346.00K | -1.72M | -641.00K |
| Other Non Operating Income (Expenses) | 5.19M | 6.00M | 9.79M | 10.91M | 39.54M | 1.11M |
| EBT Excluding Unusual Items | -39.68M | -72.00M | -109.84M | -85.08M | -90.60M | -67.36M |
| Merger & Restructuring Charges | -178.80M | |||||
| Gain (Loss) on Sale of Assets | -4.37M | -4.37M | -2.65M | -1.64M | ||
| Asset Writedown | -5.80M | -5.80M | -33.53M | -1.39M | ||
| Other Unusual Items | 2.19M | 2.19M | 23.27M | 12.07M | 170.50M | |
| Pretax Income | -47.65M | -79.97M | -122.75M | -76.04M | -98.91M | -67.36M |
| Income Tax Expense | 2.00K | |||||
| Net Income | -47.65M | -79.97M | -122.75M | -76.04M | -98.91M | -67.36M |
| Net Income to Common | -47.65M | -79.97M | -122.75M | -76.04M | -98.91M | -67.36M |
| Shares Outstanding (Basic) | 16.37M | 14.76M | 13.25M | 11.74M | 11.10M | 9.67M |
| Shares Outstanding (Diluted) | 16.37M | 14.76M | 13.25M | 11.74M | 11.10M | 9.67M |
| EPS (Basic) | -2.91 | -5.42 | -9.27 | -6.48 | -8.91 | -6.97 |
| EPS (Diluted) | -2.91 | -5.42 | -9.27 | -6.48 | -8.91 | -6.97 |
| Free Cash Flow | 3.15M | -29.10M | -114.57M | -58.72M | -187.89M | -46.95M |
| Free Cash Flow Per Share | 0.19 | -1.97 | -8.65 | -5.00 | -16.93 | -4.86 |
| Gross Margin | 17.02% | 8.23% | 2.55% | 14.56% | 15.08% | 16.69% |
| Operating Margin | -10.68% | -22.42% | -33.94% | -24.39% | -31.22% | -15.66% |
| Profit Margin | -16.68% | -28.41% | -39.52% | -21.73% | -25.84% | -18.40% |
| Free Cash Flow Margin | 1.10% | -10.34% | -36.88% | -16.79% | -49.08% | -12.83% |
| EBITDA | 43.51M | 14.17M | -22.58M | 20.00K | -37.55M | 25.21M |
| EBITDA Margin | 15.24% | 5.04% | -7.27% | 0.01% | -9.81% | 6.89% |
| D&A For EBITDA | 74.00M | 77.27M | 82.86M | 85.36M | 81.97M | 82.53M |
| EBIT | -30.50M | -63.10M | -105.44M | -85.34M | -119.53M | -57.32M |
| EBIT Margin | -10.68% | -22.42% | -33.94% | -24.39% | -31.22% | -15.66% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 68.84M | 70.57M | 117.15M | 173.88M | 236.10M | 217.43M |
| Cash & Short-Term Investments | 68.84M | 70.57M | 117.15M | 173.88M | 236.10M | 217.43M |
| Receivables | 20.68M | 18.69M | 16.98M | 17.14M | 16.14M | 16.62M |
| Inventory | 29.78M | 28.88M | 44.97M | 53.11M | 114.70M | 73.14M |
| Other Current Assets | 15.60M | 12.76M | 23.73M | 22.01M | 30.96M | 50.84M |
| Total Current Assets | 134.91M | 130.90M | 202.82M | 266.14M | 397.90M | 358.03M |
| Property, Plant & Equipment | 417.40M | 446.87M | 473.56M | 532.29M | 464.06M | 479.66M |
| Long-Term Investments | 15.79M | 16.38M | 16.12M | 17.74M | ||
| Other Long-Term Assets | 7.35M | 7.42M | 7.93M | 18.06M | 11.46M | 6.71M |
| Total Assets | 575.45M | 601.57M | 700.43M | 834.23M | 873.42M | 844.40M |
| Accounts Payable | 15.72M | 12.69M | 29.35M | 38.12M | 38.88M | 53.26M |
| Short-Term Debt | 32.93M | 20.74M | 15.47M | 48.16M | 94.00M | |
| Current Portion of Long-Term Debt | 86.03M | 50.43M | 82.28M | 60.12M | 39.82M | 252.30M |
| Current Portion of Leases | 10.15M | 10.03M | 9.45M | 11.30M | 10.07M | 11.15M |
| Current Unearned Revenue | 14.22M | 9.77M | 11.87M | 11.61M | 12.96M | 18.75M |
| Other Current Liabilities | 69.38M | 56.09M | 71.94M | 77.44M | 98.27M | 51.08M |
| Total Current Liabilities | 195.50M | 171.94M | 225.63M | 214.05M | 248.17M | 480.54M |
| Long-Term Debt | 245.13M | 277.60M | 253.75M | 334.58M | 293.19M | 195.88M |
| Long-Term Leases | 13.98M | 17.28M | 26.97M | 18.84M | 11.40M | 15.59M |
| Long-Term Unearned Revenue | 2.24M | 4.71M | ||||
| Other Long-Term Liabilities | 8.52M | 24.27M | 12.84M | 18.07M | 21.69M | 28.67M |
| Total Liabilities | 463.12M | 493.33M | 523.89M | 585.54M | 574.45M | 720.69M |
| Common Stock | 40.00K | 29.00K | 29.00K | 24.00K | 24.00K | 85.73M |
| Additional Paid-In Capital | 754.63M | 737.54M | 734.46M | 669.91M | 643.47M | 132.99M |
| Retained Earnings | -641.47M | -628.70M | -548.73M | -425.98M | -349.94M | -116.61M |
| Comprehensive Income & Other | -872.00K | -625.00K | -9.22M | 4.73M | 5.42M | 21.60M |
| Shareholders' Equity | 112.33M | 108.24M | 176.54M | 248.69M | 298.97M | 123.71M |
| Total Liabilities & Equity | 575.45M | 601.57M | 700.43M | 834.23M | 873.42M | 844.40M |
| Total Debt | 355.29M | 388.26M | 393.18M | 440.31M | 402.65M | 568.92M |
| Net Cash (Debt) | -286.44M | -317.69M | -276.03M | -266.42M | -166.55M | -351.49M |
| Net Cash Per Share | -17.50 | -21.53 | -20.83 | -22.69 | -15.00 | -36.36 |
| Filing Date Shares Outstanding | 20.07M | 20.07M | 14.77M | 12.29M | 12.21M | 12.21M |
| Total Common Shares Outstanding | 20.07M | 14.77M | 14.77M | 12.29M | 12.21M | 229.78M |
| Working Capital | -60.59M | -41.04M | -22.80M | 52.08M | 149.74M | -122.51M |
| Book Value Per Share | 5.60 | 7.33 | 11.95 | 20.24 | 24.48 | 0.54 |
| Tangible Book Value | 112.33M | 108.24M | 176.54M | 248.69M | 298.97M | 123.71M |
| Tangible Book Value Per Share | 5.60 | 7.33 | 11.95 | 20.24 | 24.48 | 0.54 |
| Machinery | 839.91M | 788.43M | 798.55M | 716.68M | 682.21M | |
| Construction In Progress | 20.59M | 29.97M | 46.23M | 2.21M | 74.00K | |
| Leasehold Improvements | 41.04M | 40.96M | 39.26M | 36.96M | 38.14M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -47.65M | -79.97M | -122.75M | -76.04M | -98.91M | -67.36M |
| Depreciation & Amortization | 87.66M | 90.93M | 97.01M | 98.38M | 94.81M | 94.82M |
| Other Amortization | 178.80M | |||||
| Loss (Gain) From Sale of Assets | 7.17M | 17.45M | 14.16M | 2.26M | 973.00K | 315.00K |
| Asset Writedown & Restructuring Costs | 4.24M | 5.80M | 33.53M | 1.39M | ||
| Loss (Gain) on Equity Investments | 868.00K | 1.32M | 4.09M | 1.22M | ||
| Stock-Based Compensation | 945.00K | 2.31M | 11.64M | 26.32M | 37.91M | 5.04M |
| Provision & Write-off of Bad Debts | 597.00K | 597.00K | 464.00K | 491.00K | 523.00K | 519.00K |
| Other Operating Activities | 774.00K | -3.56M | -19.23M | -13.47M | -202.75M | 7.09M |
| Change in Accounts Receivable | -1.92M | -3.15M | -306.00K | -1.48M | -41.00K | -3.67M |
| Change in Inventory | 15.58M | 28.15M | 3.77M | 21.71M | -44.61M | 21.20M |
| Change in Accounts Payable | -8.71M | -16.66M | -8.77M | -762.00K | -14.38M | 23.39M |
| Change in Unearned Revenue | -3.74M | -4.57M | 4.97M | -1.36M | -5.79M | 5.21M |
| Change in Other Net Operating Assets | -9.06M | -2.75M | -8.73M | 443.00K | -11.33M | -5.76M |
| Operating Cash Flow | 46.75M | 35.90M | 9.85M | 59.09M | -64.79M | 80.79M |
| Capital Expenditures | -43.60M | -65.00M | -124.42M | -117.82M | -123.10M | -127.74M |
| Sale of Property, Plant & Equipment | 360.00K | 360.00K | 1.31M | 1.55M | 418.00K | 3.08M |
| Sale (Purchase) of Intangibles | -528.00K | -445.00K | -78.00K | -466.00K | -590.00K | -667.00K |
| Investment in Securities | 46.03M | -1.00M | -18.90M | 26.48M | 82.82M | |
| Other Investing Activities | 7.05M | 6.12M | -5.54M | -993.00K | -4.31M | 991.00K |
| Investing Cash Flow | 9.31M | -59.96M | -128.72M | -136.63M | -101.10M | -41.52M |
| Long-Term Debt Issued | 87.12M | 33.83M | 155.07M | 173.37M | 123.73M | |
| Total Debt Issued | 8.70M | 87.12M | 33.83M | 155.07M | 173.37M | 123.73M |
| Long-Term Debt Repaid | -110.13M | -74.82M | -139.86M | -206.13M | -54.86M | |
| Lease Payments | -13.08M | -13.32M | -13.27M | -12.63M | -12.89M | -12.23M |
| Net Debt Issued (Repaid) | -91.93M | -23.01M | -40.99M | 15.21M | -32.76M | 68.87M |
| Issuance of Common Stock | 16.70M | 75.00M | 294.82M | |||
| Preferred Dividends Paid | -2.09M | -7.00M | ||||
| Dividends Paid | -2.09M | -7.00M | ||||
| Other Financing Activities | -196.00K | -30.00K | -192.00K | -62.00K | 32.48M | -103.00K |
| Financing Cash Flow | -75.43M | -23.04M | 33.81M | 15.15M | 186.40M | 61.76M |
| Foreign Exchange Rate Adjustments | -3.82M | 526.00K | 28.32M | 165.00K | -1.83M | -2.65M |
| Net Cash Flow | -23.18M | -46.57M | -56.74M | -62.22M | 18.67M | 98.39M |
| Free Cash Flow | 3.15M | -29.10M | -114.57M | -58.72M | -187.89M | -46.95M |
| Free Cash Flow Margin | 1.10% | -10.34% | -36.88% | -16.79% | -49.08% | -12.83% |
| Free Cash Flow Per Share | 0.19 | -1.97 | -8.65 | -5.00 | -16.93 | -4.86 |
| Levered Free Cash Flow | 90.47M | -30.06M | -98.01M | -7.77M | 111.58M | -61.76M |
| Unlevered Free Cash Flow | 99.58M | -20.91M | -89.17M | -312.00K | 118.94M | -54.83M |
| Free Cash Flow After Leases | -9.94M | -42.42M | -127.84M | -71.36M | -200.78M | -59.18M |
| Cash Interest Paid | 14.34M | 14.34M | 13.79M | 11.68M | 12.53M | 10.91M |
| Cash Income Tax Paid | 32.00K | 32.00K | 97.00K | 58.00K | -37.00K | |
| Change in Working Capital | -7.86M | 1.03M | -9.07M | 18.55M | -76.15M | 40.38M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 58.61M | 40.43M | 139.01M | 630.02M | 776.64M | 43.65B |
| Enterprise Value | 345.06M | 368.02M | 441.57M | 871.61M | 976.49M | 43.94B |
| Last Close Price | 2.92 | 2.74 | 9.99 | 51.60 | 63.60 | 197.60 |
| PS Ratio | 0.21 | 0.14 | 0.45 | 1.80 | 2.03 | 119.25 |
| PB Ratio | 0.52 | 0.37 | 0.79 | 2.53 | 2.60 | 352.80 |
| P/TBV Ratio | 0.52 | 0.37 | 0.79 | 2.53 | 2.60 | 352.80 |
| P/OCF Ratio | 1.25 | 1.13 | 14.11 | 10.66 | 540.21 | |
| EV/Sales Ratio | 1.21 | 1.31 | 1.42 | 2.49 | 2.55 | 120.06 |
| EV/EBITDA Ratio | 7.93 | 25.96 | 43,580.68 | 1,742.86 | ||
| Debt / Equity Ratio | 3.16 | 3.59 | 2.23 | 1.77 | 1.35 | 4.60 |
| Debt / EBITDA Ratio | 6.22 | 13.95 | 33.78 | 15.17 | ||
| Debt / FCF Ratio | 112.97 | |||||
| Net Debt / Equity Ratio | 2.55 | 2.94 | 1.56 | 1.07 | 0.56 | 2.84 |
| Net Debt / EBITDA Ratio | 6.58 | 22.41 | -12.22 | 13,321.20 | -4.43 | 13.94 |
| Net Debt / FCF Ratio | 91.08 | -10.92 | -2.41 | -4.54 | -0.89 | -7.49 |
| Asset Turnover | 0.43 | 0.43 | 0.41 | 0.41 | 0.45 | 0.45 |
| Inventory Turnover | 6.49 | 7.00 | 6.17 | 3.56 | 3.46 | 3.64 |
| Quick Ratio | 0.46 | 0.52 | 0.59 | 0.89 | 1.02 | 0.49 |
| Current Ratio | 0.69 | 0.76 | 0.90 | 1.24 | 1.60 | 0.74 |
| Return on Equity (ROE) | -36.08% | -56.16% | -57.74% | -27.77% | -46.80% | -43.92% |
| Return on Assets (ROA) | -2.86% | -6.06% | -8.59% | -6.25% | -8.70% | -4.38% |
| Return on Capital Employed (ROCE) | -8.00% | -14.70% | -22.20% | -13.80% | -19.10% | -15.80% |
| Earnings Yield | -99.71% | -197.82% | -88.31% | -12.07% | -12.73% | -0.15% |
| FCF Yield | 5.37% | -71.98% | -82.42% | -9.32% | -24.19% | -0.11% |
| Buyback Yield / Dilution | -12.17% | -11.37% | -12.85% | -5.77% | -14.83% |