Nuvve Holding Corp. on Tuesday reported a 268% year-over-year increase in second-quarter 2026 revenue, citing growth in electric vehicle charging infrastructure and fleet management contracts.
The company’s Q2 2026 revenue reached $12.7 million, up from $3.5 million in the same period a year earlier. Adjusted losses narrowed to $8.2 million from $11.4 million in Q2 2025, reflecting improved operational efficiency amid rising demand for EV charging solutions.
Nuvve attributed the revenue surge to the expansion of its charging network and new agreements with commercial fleets transitioning to electric vehicles. The company also highlighted progress in deploying vehicle-to-grid technology, which allows bidirectional energy flow between EVs and the grid.
Chief Executive Officer Gregory Poilasne said the results underscore the accelerating adoption of EV infrastructure and the company’s role in supporting fleet electrification. "We are seeing strong demand from both public and private sectors as organizations prioritize sustainability and cost savings," Poilasne stated in a press release.
Nuvve’s cash position stood at $14.6 million as of June 30, 2026, providing a liquidity buffer for ongoing expansion. The company reiterated its guidance for full-year 2026 revenue between $45 million and $50 million, contingent on continued market adoption of EV charging solutions.
Shares of Nuvve were down 3.2% in after-hours trading following the results.
