XCharge Reports 61% Year-over-Year Revenue Growth in Third Quarter 2026
Key Highlights
- ➤Q3 revenue reached $9.1 million, up 61% year over year
- ➤2026 revenue outlook raised to $33.2 million-$39.4 million
- ➤Full-year revenue growth forecast at approximately 32% to 57%
- ➤Q3 EV charger deliveries increased 46% to 179 units
- ➤DC fast-charger deliveries rose 91% to 162 units
Expert Statements
Yifei (“Simon”) Hou, Co-Chief Executive Officer of XCharge
“We are encouraged by our third-quarter performance and pleased to see the improvement we anticipated earlier this year taking shape. Revenue grew 61% year-over-year, and deliveries increased 46%, reflecting fulfillment of scheduled customer deliveries and continued deliveries to existing customers. We are raising our full-year outlook and expect revenue growth of approximately 32% to 57% in 2026. Our focus for the rest of the year is on delivering for our customers, moving key projects forward and maintaining financial discipline.”
HAMBURG, Germany and AUSTIN, Texas, Nov. 10, 2026 (GLOBE NEWSWIRE) -- XCHG Limited (“XCharge” or the “Company”) (Nasdaq: XCH), a global provider in high-power EV charging solutions, today provided a trading update for the three months ended September 30, 2026.
Mr. Yifei (“Simon”) Hou, Co-Chief Executive Officer of XCharge, commented, “We are encouraged by our third-quarter performance and pleased to see the improvement we anticipated earlier this year taking shape. Revenue grew 61% year-over-year, and deliveries increased 46%, reflecting fulfillment of scheduled customer deliveries and continued deliveries to existing customers. We are raising our full-year outlook and expect revenue growth of approximately 32% to 57% in 2026. Our focus for the rest of the year is on delivering for our customers, moving key projects forward and maintaining financial discipline.”
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