• Gogoro discussed its Q1 2026 results on a May 22 earnings call attended by CEO Henry Chiang, CFO Bruce Aitken, and Investor Relations head Anny Liao.
• Operating cash flow turned positive at $3.1 million, up $12 million year over year; net loss narrowed to $7.9 million; adjusted EBITDA rose to $16.3 million.
• IFRS gross margin expanded to 20.4% from 4.9%, converging with non-IFRS gross margin of 20.5%, driven mainly by completion of a voluntary battery upgrade program that cut costs by $8.3 million.
• Revenue slipped 1.1% to $62.9 million as hardware mix shifted; battery swapping revenue rose 6.2% to $36.6 million; subscribers increased 4% to 670,000.
• Management reaffirmed full-year revenue of $285 million to $305 million, guided to non-IFRS profitability for the battery swapping business in 2026, flagged about $30 million of 2026 CapEx for network upgrades, outlined a Q2 Vietnam pilot, and set a June launch for a new premium scooter aimed at female riders to lift ASP.

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 on May 21, 2026, and is solely responsible for the information contained therein.