XCharge Reports H1 2026 Financial Results

Hamburg, Germany and Austin, Texas, USA - XCHG Limited (Nasdaq: XCH), a global provider in high-power EV charging solutions, reported its unaudited financial results for the first half ended June 30, 2026.

Financial Results Overview

For the first half of 2026, XCharge reported revenues of $10.3 million, compared to $12.5 million for the same period in 2025. Gross margin stood at 38.8%, down from 51.3% in the prior year period. Operating loss was $11.2 million, and net loss reached $11.1 million, reflecting temporary delays in customer procurement and project schedules, along with increased operating expenses.

Financial Highlights

• Revenues: $10.3 million compared to $12.5 million in H1 2025.
• Gross Margin: 38.8% compared to 51.3% in H1 2025.
• Operating Loss: $11.1 million compared to $7.4 million in H1 2025.
• Net Loss: $11.1 million compared to $7.3 million in H1 2025.
• Cash Position: Cash and cash equivalents plus restricted cash totaled $11.4 million as of June 30, 2026.

Looking ahead, management expects business activity and revenue to accelerate significantly in the second half of 2026, driven by scheduled customer deliveries and existing orders. The company reaffirmed its full-year 2026 revenue outlook in the range of $32.9 million to $38.2 million.