Gogoro Inc Financials
This page shows Gogoro Inc (GGR) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 7 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores
Gogoro Inc's revenue declined 9.4% year-over-year, from $310.6M to $281.5M. This contraction results in a growth score of 18/100.
Gogoro Inc carries a low D/E ratio of 0.16, meaning only $0.16 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 99/100, indicating a strong balance sheet with room for future borrowing.
Gogoro Inc's current ratio of 0.76 means current assets barely cover short-term liabilities. This tight liquidity results in a low score of 10/100, which could limit financial flexibility.
While Gogoro Inc generated $35.9M in operating cash flow, capex of $65.0M consumed most of it, leaving -$29.1M in free cash flow. This results in a low score of 0/100, reflecting heavy capital investment rather than weak cash generation.
Gogoro Inc generates a -73.9% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 0/100. This is down from -69.5% the prior year.
Gogoro Inc passes 6 of 9 financial strength tests. 3 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, Gogoro Inc generates $-0.45 in operating cash flow ($35.9M OCF vs -$80.0M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.
Key Financial Metrics
Earnings & Revenue
Gogoro Inc generated $281.5M in revenue in fiscal year 2025. This represents a decrease of 9.4% from the prior year.
Gogoro Inc reported -$80.0M in net income in fiscal year 2025. This represents an increase of 34.9% from the prior year.
Cash & Balance Sheet
Gogoro Inc generated -$29.1M in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 74.6% from the prior year.
Gogoro Inc held $70.6M in cash against $17.3M in long-term debt as of fiscal year 2025.
Gogoro Inc had 15M shares outstanding in fiscal year 2025. This represents a decrease of 95.0% from the prior year.
Margins & Returns
Gogoro Inc's net profit margin was -28.4% in fiscal year 2025, showing the share of revenue converted to profit. This is up 11.1 percentage points from the prior year.
Gogoro Inc's ROE was -73.9% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 4.3 percentage points from the prior year.
Capital Allocation
Gogoro Inc invested $65.0M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 47.8% from the prior year.
GGR Income Statement
| Metric | Q3'25 | Q3'24 | Q3'23 | Q3'22 | Q3'21 |
|---|---|---|---|---|---|
| Revenue | N/A | N/A | N/A | N/A | N/A |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A | N/A | N/A |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | N/A | N/A | N/A | N/A | N/A |
| Operating Income | N/A | N/A | N/A | N/A | N/A |
| Interest Expense | N/A | N/A | N/A | N/A | N/A |
| Income Tax | N/A | N/A | N/A | N/A | N/A |
| Net Income | N/A | N/A | N/A | N/A | N/A |
| EPS (Diluted) | N/A | N/A | N/A | N/A | N/A |
GGR Balance Sheet
| Metric | Q3'25 | Q3'24 | Q3'23 | Q3'22 | Q3'21 |
|---|---|---|---|---|---|
| Total Assets | $700.4M-16.0% | $834.2M-4.5% | $873.4M+3.4% | $844.4M+6.8% | $790.6M |
| Current Assets | $202.8M-23.8% | $266.1M-33.1% | $397.9M+11.1% | $358.0M+1.2% | $353.8M |
| Cash & Equivalents | $117.1M-32.6% | $173.9M-26.4% | $236.1M+8.6% | $217.4M+82.6% | $119.0M |
| Inventory | $45.0M-15.3% | $53.1M-53.7% | $114.7M+56.8% | $73.1M-22.6% | $94.5M |
| Accounts Receivable | N/A | N/A | N/A | N/A | N/A |
| Goodwill | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $523.9M-10.5% | $585.5M+1.9% | $574.4M-20.3% | $720.7M+18.6% | $607.6M |
| Current Liabilities | $225.6M+5.4% | $214.1M-13.7% | $248.2M-48.4% | $480.5M+134.3% | $205.1M |
| Long-Term Debt | $27.0M+43.1% | $18.8M+65.3% | $11.4M-26.9% | $15.6M-19.9% | $19.5M |
| Total Equity | $176.5M-29.0% | $248.7M-16.8% | $299.0M+141.7% | $123.7M-32.4% | $183.0M |
| Retained Earnings | -$548.7M-28.8% | -$426.0M-21.7% | -$349.9M-200.1% | -$116.6M-136.8% | -$49.2M |
GGR Cash Flow Statement
| Metric | Q3'25 | Q3'24 | Q3'23 | Q3'22 | Q3'21 |
|---|---|---|---|---|---|
| Operating Cash Flow | N/A | N/A | N/A | N/A | N/A |
| Capital Expenditures | N/A | N/A | N/A | N/A | N/A |
| Free Cash Flow | N/A | N/A | N/A | N/A | N/A |
| Investing Cash Flow | N/A | N/A | N/A | N/A | N/A |
| Financing Cash Flow | N/A | N/A | N/A | N/A | N/A |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A |
GGR Financial Ratios
| Metric | Q3'25 | Q3'24 | Q3'23 | Q3'22 | Q3'21 |
|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | N/A | N/A | N/A | N/A | N/A |
| Net Margin | N/A | N/A | N/A | N/A | N/A |
| Return on Equity | N/A | N/A | N/A | N/A | N/A |
| Return on Assets | N/A | N/A | N/A | N/A | N/A |
| Current Ratio | 0.90-0.3 | 1.24-0.4 | 1.60+0.9 | 0.75-1.0 | 1.72 |
| Debt-to-Equity | 0.15+0.1 | 0.08+0.0 | 0.04-0.1 | 0.13+0.0 | 0.11 |
| FCF Margin | N/A | N/A | N/A | N/A | N/A |
Note: The current ratio is below 1.0 (0.76), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
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Frequently Asked Questions
What is Gogoro Inc's annual revenue?
Gogoro Inc (GGR) reported $281.5M in total revenue for fiscal year 2025. This represents a -9.4% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Gogoro Inc's revenue growing?
Gogoro Inc (GGR) revenue declined by 9.4% year-over-year, from $310.6M to $281.5M in fiscal year 2025.
Is Gogoro Inc profitable?
No, Gogoro Inc (GGR) reported a net income of -$80.0M in fiscal year 2025, with a net profit margin of -28.4%.
How much debt does Gogoro Inc have?
As of fiscal year 2025, Gogoro Inc (GGR) had $70.6M in cash and equivalents against $17.3M in long-term debt.
What is Gogoro Inc's net profit margin?
Gogoro Inc (GGR) had a net profit margin of -28.4% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Gogoro Inc's return on equity (ROE)?
Gogoro Inc (GGR) has a return on equity of -73.9% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Gogoro Inc's free cash flow?
Gogoro Inc (GGR) generated -$29.1M in free cash flow during fiscal year 2025. This represents a 74.6% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Gogoro Inc's operating cash flow?
Gogoro Inc (GGR) generated $35.9M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Gogoro Inc's total assets?
Gogoro Inc (GGR) had $601.6M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Gogoro Inc's capital expenditures?
Gogoro Inc (GGR) invested $65.0M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Gogoro Inc's current ratio?
Gogoro Inc (GGR) had a current ratio of 0.76 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
What is Gogoro Inc's debt-to-equity ratio?
Gogoro Inc (GGR) had a debt-to-equity ratio of 0.16 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Gogoro Inc's return on assets (ROA)?
Gogoro Inc (GGR) had a return on assets of -13.3% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Gogoro Inc's Piotroski F-Score?
Gogoro Inc (GGR) has a Piotroski F-Score of 6 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Gogoro Inc's earnings high quality?
Gogoro Inc (GGR) has an earnings quality ratio of -0.45x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Gogoro Inc?
Gogoro Inc (GGR) scores 25 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.