NYSE$CHPT

Chargepoint Holdings Inc. · Q1 2025 earnings

Q1 2025 earnings · · Investor relations

Briefing

ChargePoint's first quarter of fiscal year 2025 showed revenue of $107 million, with subscription revenue up 27% year over year and GAAP net loss improved by 10%.

ChargePoint reported first quarter fiscal year 2025 results with revenue of $107 million. The company achieved sequential gross margin improvements, a meaningful reduction in operating expenses, and an improvement in non-GAAP adjusted EBITDA loss. They are guiding to second quarter fiscal 2025 revenue of $108 to $118 million.

  • First quarter fiscal 2025 revenue was $107 million.
  • GAAP gross margin was 22% and non-GAAP gross margin was 24%.
  • Subscription revenue was $33 million, representing 27% year over year growth.
  • GAAP net loss improved by 10% and non-GAAP Adjusted EBITDA loss improved by 25% year over year.

Headline financials

Total Revenue

$107M

Previous: $130M-17.7%
EPS

-$0.17

Previous: -$0.15-13.3%
GAAP Gross Margin

22.0%

Previous: 23.0%-4.3%
Non-GAAP Gross Margin

24.0%

Previous: 25.0%-4.0%
Non-GAAP Operating Expenses

$66.4M

No prior period
Non-GAAP Pre-tax Net Loss

$45.2M

No prior period
Non-GAAP Adjusted EBITDA Loss

$36.5M

No prior period
Capital Expenditures

-$3.47M

Previous: -$5.84M+40.6%
Free Cash Flow

-$75.3M

Previous: -$85.2M+11.7%
Net Income

-$71.8M

Previous: -$79.4M+9.6%
Operating Income

-$67.1M

Previous: -$79.9M+16.0%
Gross Profit

$23.6M

Previous: $30.5M-22.7%
Cash & Equivalents

$262M

Previous: $283M-7.6%
Total Assets

$1.05B

Previous: $1.06B-0.8%
R&D Expense

$36.1M

No prior period
Stock-Based Comp

$21.6M

Previous: $24M-9.9%

Revenue & EPS history

ChargePoint · Revenue · Quarterly

$107M

Q1 2025-17.7%vs Q1 2024
Beat estimate in 9 of 16 quarters(56%)
ActualEstimate

Revenue by segment

ChargePoint · $97.6M total across 3 segments · Q1 2026

  • Networked Charging Systems
    $52.1M
  • Subscriptions
    $38M
  • Other
    $7.56M

Forward guidance

ChargePoint expects revenue of $108 million to $118 million for the second fiscal quarter ending July 31, 2024. The Company reaffirms its goal to achieve positive non-GAAP Adjusted EBITDA in the fourth quarter of fiscal year 2025 ending January 31, 2025.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q1 2025

Historical avgQ1 2025

+0.8%

Avg return

Earnings day

-2.2%

Avg return

5 days after

-6.7%

Avg return

30 days after

52%

13 / 25 earnings

Positive

+21.8%

Q3 2026

Best reaction

-18.2%

Q2 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2027+7.9%-10.0%
Q4 2026-9.2%-16.8%-26.2%
Q3 2026+21.8%+9.5%-17.4%
Q2 2026-6.7%-2.6%+10.8%
Q1 2026-4.6%-3.0%-39.1%
Q4 2025+9.6%+4.5%-12.6%
Q3 2025+16.4%+20.7%+0.0%
Q2 2025-18.2%-24.7%-16.5%
Q1 2025+8.9%+6.0%+8.9%
Q4 2024-6.8%-7.2%-12.1%
Q3 2024+13.1%+17.1%+12.1%
Q2 2024-13.4%-20.8%-40.6%
Q1 2024-6.2%-2.1%-9.1%
Q4 2023+0.0%-7.3%-5.5%
Q3 2023-6.3%-12.3%-23.3%
Q2 2023+8.2%-3.6%-0.7%
Q1 2023-7.4%+8.3%+1.8%
Q4 2022+5.0%+10.1%+37.9%
Q3 2021+1.2%-2.6%-16.3%
Q3 2022+1.2%-2.6%-16.3%
Q2 2021+8.6%+4.1%-8.7%
Q1 2021+3.0%+8.1%+17.3%
Q4 2020-2.8%-13.7%-3.4%
Q4 2021-2.8%-13.7%-3.4%
Q3 2020+0.5%+0.5%+0.9%
Q2 2020
Q1 2019

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