GGR on Nasdaq

Gogoro

Logo: Gogoro, Public domain, via Wikimedia Commons4

Taiwanese electronics company

Gogoro Inc. is a Taiwanese company that developed a battery-swapping refueling platform for urban electric two-wheel scooters, mopeds and motorcycles. It also develops its own line of electric scooters and offers its own vehicle innovations to vehicle maker partners like Yamaha, Aeon Motor, PGO, eReady, and eMOVING. Gogoro also operates GoShare, a rideshare service, in Taiwan and Ishigaki Island in Japan.3 It was founded by Horace Luke.1 Its revenue was CN¥4 in 2023.1 Its shares trade on Nasdaq under the symbol GGR.1 Wikipedia text CC BY-SA 4.0

Price unavailable

Last updated Oct 21, 2026.

Overview

-$80.0MNet income, fiscal 20255
Aug 29, 2011Founded1

Compare with another stock.

  • TickerGGR on Nasdaq1
  • IndustryMotor Vehicles & Passenger Car Bodies1
  • HeadquartersTaoyuan1
  • Websitewww.gogoro.com
  • Incorporated inTaiwan6
  • Business address11F, Building C, No.225, Sec. 2, Chang'An E. Rd., Songshan Dist., Taipei, F5 1056
  • Filer categoryAccelerated filer, Emerging growth company6

Gogoro Inc. is a Taiwanese company that developed a battery-swapping refueling platform for urban electric two-wheel scooters, mopeds and motorcycles. It also develops its own line of electric scooters and offers its own vehicle innovations to vehicle maker partners like Yamaha, Aeon Motor, PGO, eReady, and eMOVING. Gogoro also operates GoShare, a rideshare service, in Taiwan and Ishigaki Island in Japan.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

-73.9%Return on equity5
2.56×Debt to equity5
-$29.1MFree cash flow5

Financial statements

Gross profit8910115$23.2M in 2025−75% since 2019
0$25.0M$50.0M$75.0M$100.0M2019: $93.2M$93.2M20192020: $79.4M$79.4M2020−15%2021: $61.1M$61.1M2021−23%2022: $57.7M$57.7M2022−6%2023: $50.9M$50.9M2023−12%2024: $7.9M$7.9M2024−84%2025: $23.2M$23.2M2025+192%
Operating income8910115-$73.3M in 2025+560% since 2019
-$300.0M-$200.0M-$100.0M02019: -$11.1M-$11.1M20192020: -$36.5M-$36.5M2020+229%2021: -$57.3M-$57.3M2021+57%2022: -$298.3M-$298.3M2022+420%2023: -$88.4M-$88.4M2023−70%2024: -$141.6M-$141.6M2024+60%2025: -$73.3M-$73.3M2025−48%
Net income8910115-$80.0M in 2025+511% since 2019
-$150.0M-$100.0M-$50.0M02019: -$13.1M-$13.1M20192020: -$49.3M-$49.3M2020+277%2021: -$67.4M-$67.4M2021+37%2022: -$98.9M-$98.9M2022+47%2023: -$76.0M-$76.0M2023−23%2024: -$122.8M-$122.8M2024+61%2025: -$80.0M-$80.0M2025−35%

Every line of the income statement as filed: the last 3 fiscal years, latest first.5

Period ending2025-12-312024-12-312023-12-31
OPERATING REVENUES (Notes 2, 17 and 26)$281.5M$310.6M$349.8M
COSTS OF REVENUES (Notes 2, 6, 9 and 18)$258.3M$302.7M$298.9M
GROSS PROFIT$23.2M$7.9M$50.9M
Sales and marketing$32.4M$44.1M$51.0M
General and administrative$28.0M$31.9M$44.4M
Research and development$25.4M$34.9M$40.9M
Other operating expenses$10.6M$38.7M$3.0M
Total operating expenses$96.4M$149.5M$139.3M
OPERATING LOSS-$73.3M-$141.6M-$88.4M
Finance costs-$14.6M-$14.1M-$11.9M
Finance income$1.9M$3.2M$2.9M
Other income$6.7M$7.2M$7.4M
Other losses, net-$1.6M-$1.4M-$953.0K
Gains on financial liabilities at fair value through profit or loss$2.4M$28.2M$16.1M
Share of loss of investments accounted for using equity method-$1.3M-$4.1M-$1.2M
Total non-operating incomes and expenses-$6.7M$18.9M$12.3M
LOSS BEFORE INCOME TAX-$80.0M-$122.8M-$76.0M
INCOME TAX EXPENSE (Notes 2 and 19)$0$0$0
NET LOSS-$80.0M-$122.8M-$76.0M
Exchange differences on translation$8.6M-$13.9M-$691.0K
TOTAL COMPREHENSIVE LOSS FOR THE YEAR-$71.4M-$136.7M-$76.7M
Basic (in dollars per share)-$5.42-$9.27-$6.48
Diluted (in dollars per share)-$5.42-$9.27-$6.48
Weighted average number of ordinary shares used in calculating basic loss per share (in shares)14.8M shares13.2M shares11.7M shares
Weighted average number of ordinary shares used in calculating diluted loss per share (in shares)14.8M shares13.2M shares11.7M shares

Compare Gogoro with another company

Corporate structure

Gogoro sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Gogoro

  • Gogoro Taoyuan

Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Gogoro reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, net$420.0M5 Dec 31, 2025$438.3M5 Dec 31, 2024−4.2%
Operating-lease assets (leased space)$26.9M5 Dec 31, 2025$35.3M5 Dec 31, 2024−23.8%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$70.6M5 Dec 31, 2025$117.1M5 Dec 31, 2024−39.8%

Inventory

ItemLatestA year beforeChange
Inventory, total$28.9M5 Dec 31, 2025$45.0M5 Dec 31, 2024−35.8%
Raw materials$7.8M5 Dec 31, 2025$5.3M5 Dec 31, 2024+47.2%

The story

Founded by Horace Luke on Aug 29, 2011.1

Gogoro was founded in 2011 by entrepreneurs Horace Luke and Matt Taylor. In its year of inception, Gogoro secured $50 million in seed funding from Dr. Samuel Yin of Ruentex Group and Cher Wang. In October 2014, Gogoro raised an additional $100 million in Series B funding from a collection of investors. In November 2015, Gogoro announced a $30 million round of investment from Panasonic and Taiwan's National Development Fund Archived 2016-12-04 at the Wayback Machine. In September 2017, Gogoro announced a $300 million Series C round of investment from Singapore's Temasek, Generation Investment Management (co-founded by Al Gore), Japan's Sumitomo Corporation, and French utility Engie, increasing the Smartscooter innovator's capital up to US$480 million. The company went public in 2022 with its merger with Nasdaq-listed special-purpose acquisition company Poema Global.

On April 21, 2021, Gogoro announced a strategic partnership with the world's top two-wheel vehicle maker, Hero MotoCorp, to roll out its Gogoro Network battery swapping in India.

In December 2020, analyst firm Frost & Sullivan recognized Gogoro as the 2020 Global Company of the Year Award for the Swappable Battery Electric Scooter Market.

In June 2024, the Castrol lubricants division of multinational oil giant BP announced plans to invest up to $50M in Gogoro.

In September 2024, Gogoro's CEO and chairman Horace Luke had stepped down amid subsidy fraud allegations.

On October 1, 2024, Taiwan's Ministry of Economic Affairs released its review conclusion and stated that there was insufficient evidence to determine that the reported vehicle model violated localization regulations.

From Wikipedia’s article on Gogoro, shared under CC BY-SA 4.0.7

Leadership

Who has led Gogoro, and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Henry Chiang2026–now

Chief financial officer

  1. Bruce Aitken2026–now
201520202025
Board members and other officers (8)

Products and brands

  • Gogoro Smartscooter

Listed on Wikidata.1

Gogoro Network

The Gogoro Network is a modular battery swapping infrastructure designed to be deployed in cities for electric refueling of two-wheel vehicles like scooters, mopeds, and motorcycles. Riders would be able to swap out depleted batteries at a network of kiosks called GoStations for a monthly subscription fee. According to Gogoro, as of April 2021 in its pilot market of Taiwan, Gogoro Network had 370,000 riders and managed more than 175 million battery swaps, 265,000 per day, through its 2,000 GoStations.

The Gogoro Smartscooter was the first vehicle to be integrated into the Gogoro Network in 2015.

The network also includes the Powered by Gogoro Network (PBGN) program, through which other manufacturers of electric motor scooters can build scooters that utilize the Gogoro Network infrastructure. Gogoro has several vehicle maker partners participating in PBGN, including:

Taiwan

In July 2015, Gogoro Smartscooter was launched in Taiwan, a country with the highest scooter density in the world. By the end of the same year, more than 4,000 Smartscooters were sold, and its market share in Taiwan's electric scooter market hit 33.94%. According to Gogoro, in 2016 the company had a GoStation less than every 1.3 kilometers in Taipei.

Read the full text

In February 2021, the network consisted of 1,959 GoStations and more than 764,000 battery packs. 66 of the GoStations in 2021 were Super GoStations which were larger than regular GoStations with the ability to service up to 1,000 riders a day. Some stations have grid batteries, able to keep charging scooter batteries during grid failures.

China

In October 2021, Gogoro Network launched in Hangzhou, China under the Huan Huan brand, with 45 GoStations in partnership with Yadea and Dachangjiang Group. It has since expanded to Wuxi and Kunming, with 250 swapping stations in China as of September 2022. In November 2022, Gogoro announced it would delay its expansion plans in China due to economic and geopolitical uncertainty.

Indonesia

In December 2021, Gogoro launched a pilot program in Jakarta with Gojek, with 250 Smartscooters and 4 GoStations.

Singapore

In September 2022, Gogoro was awarded a sandbox pilot by Singapore's Land Transport Authority (LTA) to launch Smartscooters and battery-swapping technology.

India

On November 3, 2022, Gogoro announced a battery-swapping pilot in Delhi in partnership with Zypp Electric, a delivery company. The network began operation on November 8, 2022.

In January 2023, Gogoro announced a partnership with Belrise Industries and the state of Maharashtra to invest $2.5 billion in battery charging and swapping infrastructure.

The Philippines

On November 29, 2022, Gogoro announced a battery-swapping pilot in Manila in partnership with Ayala Corporation, with plans to launch in the first quarter of 2023.

Nepal

In April 2024, Gogoro will be launching in Kathmandu, Nepal in partnership with Nebula Energy, a Nepalese company. Nebula Energy will be the authorized and exclusive dealer of Gogoro products including the network in Nepal.

Israel

Israel is one of the first markets outside of Taiwan that Gogoro has explored. In September 2022, Gogoro launched its Smartscooters and battery swapping technology in Tel Aviv, with plans to expand into other Israeli cities in the near future.

Colombia

Gogoro will market its own scooters in Colombia starting in June 2024. The first four battery swapping stations will be colocated at Terpel service stations in Bogotá, with plans to eventually expand to other cities, including Medellín.

Products

Gogoro 1 Smartscooter

Released in 2015. The Gogoro Smartscooter is an electric scooter designed for urban transportation. It is powered by an electric motor developed by Gogoro, which is marketed as the G1 Aluminum Liquid Cooled Permanent Magnet Synchronous Motor. Instead of plugging into an outlet to recharge, the Smartscooter uses swappable battery packs which are made with Panasonic lithium ion 18650 cells.

Gogoro 2 Smartscooter

Released in 2017. The second model of Gogoro. The company states the following figures for the Smartscooter based on internal testing: The Smartscooter's sensors collect information such as speed, battery level, consumption rate, system failures, and scooter falls. This information is presented to riders via Gogoro mobile apps.

Gogoro Viva

In September 2019, Gogoro unveiled the Viva Smartscooter, a smaller electric scooter that provided a smaller option for customers.

From Wikipedia’s article on Gogoro, shared under CC BY-SA 4.0.7

Timeline

  1. Mar 18, 2026New chief executive Henry Chiang becomes CEO12
  2. Aug 29, 2011Founded Founded1

Calendar

Coming up

  1. Nov 10, 2026Reports results for the quarter ending Sep/202621

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

155 filings to the SEC since October 2021: 5 annual reports, 12 insider forms, 13 large holders, 125 other. The latest 20:

  1. Oct 15, 2026SCHEDULE 13D EDGAR
  2. Oct 9, 20264 EDGAR
  3. Oct 9, 2026SCHEDULE 13D/A EDGAR
  4. Oct 7, 20266-K EDGAR
  5. Aug 24, 20266-K EDGAR
  6. Aug 24, 20263 EDGAR
  7. Jul 14, 20264 EDGAR
  8. Jul 14, 2026SCHEDULE 13D/A EDGAR
  9. May 21, 20266-K EDGAR
  10. Apr 29, 20266-K EDGAR
  11. Apr 3, 20266-K EDGAR
  12. Mar 31, 202620-F EDGAR
  13. Mar 30, 20263 EDGAR
  14. Mar 20, 20266-K EDGAR
  15. Mar 18, 20263 EDGAR
  16. Mar 18, 20263 EDGAR
  17. Mar 18, 20263 EDGAR
  18. Mar 18, 20263 EDGAR
  19. Mar 18, 20263 EDGAR
  20. Mar 18, 20263 EDGAR

The 155 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

SEC filer profile

How Gogoro is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARGogoro Inc.2
  • CIK0001886190
  • Filer statusAccelerated filer an emerging growth company; not a shell company27
  • Incorporated inCayman Islands27
  • Fiscal year endsDecember 312
  • Industry code (SIC)3711 Motor Vehicles & Passenger Car Bodies2
  • SEC reviewing officeOffice of Manufacturing, Division of Corporation Finance2
  • Business address11F, Building C, No.225, Sec. 2, Chang'An E. Rd., Songshan Dist., Taipei, F5 1052
  • Phone8860327309002
  • Shares outstanding14,773,488 shares as of Dec 31, 202527
  • AuditorDeloitte & Touche, Taipei, TaiwanRepublic of China PCAOB ID 1060; no auditor attestation of internal control over financial reporting27
  • On EDGAR sinceNov 5, 20212
  • Filings155 in all: 6-K (49), 424B3 (16), 425 (12), 144 (11), CORRESP (11), 3 (10), UPLOAD (6), 20-F (5)2
    All 26 form types

    EFFECT (5), F-4/A (4), SCHEDULE 13D/A (4), SC 13D/A (3), 4 (2), F-3/A (2), POS AM (2), SC 13D (2), SC 13G (2), 8-A12B (1), CERT (1), F-1 (1), F-1/A (1), F-3 (1), F-4 (1), S-8 (1), SC 13G/A (1), SCHEDULE 13D (1)

  • Latest filingsAnnual report (20-F) Mar 31, 2026

Securities registered for trading

ClassSymbolExchange
Ordinary shares, par value US $0.002 per shareGGRNasdaq
Warrants to purchase ordinary shares with an exercise price of $230.00 per shareGGROWNasdaq

From the cover page of the 20-F filed Mar 31, 2026 (Section 12(b) of the Exchange Act).27