• Gogoro posted a Q1 net loss of USD 7.9 million, narrowing from USD 18.6 million a year earlier, as revenue slipped 1.1% to USD 62.9 million.
• Gross margin widened to 20.4% from 4.9%, helped by the completion of its battery upgrade program in late 2025.
• Operating cash flow swung to an inflow of USD 3.1 million from an outflow of USD 8.9 million, while cash and cash equivalents rose to USD 77.3 million.
• Battery swapping service revenue rose 6.2% to USD 36.6 million, with subscribers up 4% to 670,000; hardware and other revenue fell 9.8% to USD 26.3 million on a lower average selling price tied to a shift toward entry-level models.
• Gogoro reaffirmed 2026 revenue guidance of USD 285 million to USD 305 million, targeting non-IFRS profitability for its battery-swapping business in 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Gogoro Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202605210638PRIMZONEFULLFEED9724628) on May 21, 2026, and is solely responsible for the information contained therein.