Gogoro (GGR) Q2 2026 Earnings Call Transcript

Operator: Good day, and thank you for standing by. Welcome to the Gogoro Q2 2026 Earnings Conference Call. [Operator Instructions] Please be advised today's conference is being recorded. I'd now like to hand the conference over to your first speaker today, Wendy Lee. Please go ahead.

Wendy Lee: Thank you, operator. Welcome to Gogoro's 2026 Second Quarter Earnings Conference Call, hosted by our CEO, Henry Chiang; and CFO, Bruce Aitken. Hopefully, by now, you've had an opportunity to review our earnings release and investor presentation, both of which are available on the Investor Relations section of our website. Henry will begin with an overview of our business performance and strategic priorities, followed by Bruce, who will review our financial results in greater detail. We will then open the call for Q&A. Before we begin, please note that today's discussion contains forward-looking statements, including statements regarding our business outlook, future financial performance, growth, product launches and future priorities and strategic initiatives.

These statements are subject to risks and uncertainties that could cause actual results to differ materially. Please refer to today's earnings release and our SEC filings for additional information. A more detailed discussion of the risks and uncertainties that could cause actual results to differ materially is contained in our earnings release issued today and in our filings with the SEC, including our annual report on Form 20-F, each of which is readily available on the Investor Relations section of our website and at Any forward-looking statements, including our guidance, speak only as of today's date, and we undertake no obligation to update them, except as required by law. Today's discussion will also include certain non-IFRS financial measures.

Reconciliations to the most directly comparable IFRS measures and additional information can be found in our earnings release. And with that, let me turn the call over to Henry.

Henry Chiang: Thanks, Wendy. Thank you, everyone, for joining us today. The second quarter marks an important milestone for Gogoro. Over the past 2 years, we've remained focused on strengthening the fundamentals of our business, improving operational discipline, simplifying our cost structure and executing a more focused product strategy. This quarter, we're beginning to see those efforts translate into tangible business results. Revenue returned to year-over-year growth. The gross margin reached its highest quarterly level in more than 5 years. Operating cash flow continued to strengthen. At the same time, our newest products gained encouraging customer traction and supported a recovery in our market position. Taken together, these results reinforce our confidence that the strategy we've been executing is working.