XCharge Reports 61% Year-over-Year Revenue Growth in Third Quarter 2026

(NASDAQ:XCH) XCHG Limited provided a trading update for the three months ended September 30, 2026. Revenue for the third quarter of 2026 was $9.1 million, compared with $5.6 million in the same period of 2025, representing a year-over-year increase of 61%. Total EV charger deliveries were 179 units in the third quarter of 2026, an increase of 46% year over year. Of these, 162 were DC fast chargers, representing an increase of 91%, and 7 were NZS and GridLink chargers, representing a decrease of 13%. The company is raising its full-year 2026 revenue outlook to a range of $33.2 million to $39.4 million, representing year-over-year growth of approximately 32% to 57%. The outlook reflects management’s current expectations regarding customer orders, production and delivery schedules, and market conditions as of the date of the press release. Mr. Yifei (“Simon”) Hou, Co-Chief Executive Officer of XCharge, stated that the company is encouraged by its third-quarter performance and pleased to see anticipated improvements materializing. He noted that the company’s focus for the rest of the year is on delivering for customers, advancing key projects, and maintaining financial discipline. The release includes exchange rate information, stating that unless otherwise noted, conversions were made at EUR0.8691 to $1.00 and RMB6.7406 to $1.00 for the three months ended September 30, 2026, and at EUR0.8558 to $1.00 and RMB7.1570 to $1.00 for the comparative period in 2025, based on the H.10 statistical release of the Federal Reserve Board. The company makes no representation that any amounts could have been, or could be, converted into another currency at any particular rate or at all.