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gogoro Gogoro Releases Second Quarter Financial Results , Gogoro Continues to Focus on Sustainable Growth August 24 , 2026 TAIPEI , Taiwan , Aug. 24 , 2026 ( GLOBE NEWSWIRE ) -- Gogoro Inc. ( " Gogoro , " " the Company " or " we " ) ( Nasdaq : GGR ) , a global technology leader in battery swapping ecosystems that enable sustainable mobility solutions for cities , today released its financial results for its second quarter ended June 30 , 2026 . ■ Fifth consecutive quarter of positive operating cash flow , demonstrating continued progress toward an operational turnaround , a self - sustaining energy operation and completion of battery upgrade initiative . Operating cash flow reached $ 26.0 million in the first half of 2026 . ■ IFRS and non - IFRS gross margin¹ were both at 22.6 % , the highest quarterly gross margin in more than five years , demonstrating continued improvement in manufacturing cost discipline , operational efficiency , and the underlying economics of our business . ■ Net loss significantly decreased by $ 21.6 million to $ ( 4.9 ) million from $ ( 26.5 ) million in the same quarter last year , representing the continued improvement of our net loss and discontinued and completion of battery upgrade initiative . 1 This is a non - IFRS measure . See Use of Non - IFRS Financial Measures for a description of the non - IFRS measures and Reconciliation of IFRS Financial Metrics to Non - IFRS for a reconciliation of the Company's non - IFRS financial measures to their most directly comparable IFRS measures . Second Quarter 2026 Business Update and Outlook ■ Launching First Phase of a Multi - Year Product Renaissance -Transforming Gogoro's product portfolio from the ground up , with the first phase of our multi - year product renaissance off to an exceptional start . EZZY , Disney Toy Story Series , and Gogoro Luna are the first wave of a broader product strategy designed to strengthen our core franchise , attract new consumers , and expand our addressable market - culminating in Gogoro's first scooter entirely re - developed for women's lifestyle . ■ Repositioning for Growth - Our product and customer repositioning strategy is gaining traction , allowing our electric scooters to regain a foothold in the market and expanding Gogoro's appeal across a broader range of customers and use cases . The EZZY 500 has quickly established itself as a meaningful growth driver , contributing materially to Q2 2026 revenue and demonstrating the potential of our refreshed product portfolio . Building on this momentum , the launch of Gogoro Luna at the end of Q2 generated high consumer interest in early July . Together , these new products represent an important step in our multi - year product renaissance , strengthening our product - market fit and positioning Gogoro for renewed growth . ■ Market Share Recovery and Baseline Outlook - Driven by targeted go - to - market execution and growing customer adoption , our market share rebounded significantly to 6 % in Q2 2026 , up from 2 % earlier in the year . Looking ahead , we expect this momentum to be able to support a durable market - share baseline as we pursue long - term , sustainable growth . ■ Looking Ahead and Community Engagement - Extending Q2's momentum into the second half of the year , we will host our flagship community event in Q3 2026 , gathering thousands of Gogoro owners , Powered by Gogoro Network ( " PBGN " ) riders , and GoShare users . By offering exclusive electric scooter access to local aviation landmarks and immersive brand activations , the event is designed to serve as a strategic driver for brand advocacy , grassroots engagement , and long - term user retention . Second Quarter 2026 Financial Summary ■ Second quarter revenue of $ 70.6 million , up 7.3 % year - over - year and up 10.0 % on a constant currency basis¹ . ■ Second quarter battery swapping service revenue of $ 37.4 million , down 0.6 % year - over - year and up 1.9 % on a constant currency basis¹ . ■ Second quarter revenue from sales of hardware and others of $ 33.2 million , up 17.8 % year - over - year and up 20.7 % on a constant currency basis¹ .