NYSE$CHPT

Chargepoint Holdings Inc. · Q3 2025 earnings

Q3 2025 earnings · · Investor relations

Briefing

ChargePoint's Q3 2025 financial results were reported, highlighting a decrease in revenue but improvements in gross margin and operating expense reduction.

ChargePoint reported Q3 fiscal year 2025 revenue of $99.6 million, a 10% decrease year-over-year. However, the company saw improvements in GAAP and non-GAAP gross margins, as well as reductions in GAAP and non-GAAP operating expenses. The company guides to fourth quarter fiscal 2025 revenue of $95 million to $105 million.

  • Third quarter revenue reached $99.6 million.
  • GAAP gross margin was 23%, and non-GAAP gross margin was 26%.
  • Subscription revenue amounted to $36.4 million, reflecting a 19% year-over-year increase.
  • GAAP operating expenses decreased by 30% year-over-year.

Headline financials

Total Revenue

$99.6M

Previous: $110M-9.7%
EPS

-$0.18

Previous: -$0.28+35.7%
GAAP Gross Margin

23.0%

Previous: -22.0%+204.5%
Non-GAAP Gross Margin

26.0%

Previous: -18.0%+244.4%
Non-GAAP Operating Expenses

$58.6M

No prior period
Non-GAAP Pre-tax Net Loss

-$40.7M

No prior period
Non-GAAP Adjusted EBITDA Loss

-$28.6M

No prior period
Capital Expenditures

-$10.1M

Previous: -$14.7M+30.9%
Free Cash Flow

-$87.7M

Previous: -$173M+49.3%
Net Income

-$77.6M

Previous: -$158M+51.0%
Operating Income

-$68.2M

Previous: -$154M+55.7%
Gross Profit

$22.8M

Previous: -$23.9M+195.2%
Cash & Equivalents

$219M

Previous: $367M-40.2%
Total Assets

$966M

Previous: $1.19B-18.6%
R&D Expense

$38.3M

No prior period
Stock-Based Comp

$20.7M

Previous: $32.9M-37.0%

Revenue & EPS history

ChargePoint · Revenue · Quarterly

$99.6M

Q3 2025-9.7%vs Q3 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 anticipates revenue between $95 million and $105 million for the fourth fiscal quarter ending January 31, 2025. The Company is concentrating on returning to growth and streamlining operations to continue on its path to positive non-GAAP Adjusted EBITDA, which is targeted for a quarter in fiscal year 2026.

Tailwinds

  • Focus on returning to growth
  • Streamlining operations
  • Targeting positive non-GAAP Adjusted EBITDA in fiscal year 2026
  • Record EV sales in the industry
  • Network utilization driving the need for more charging infrastructure

Headwinds

  • Macroeconomic trends may reduce demand
  • Supply chain disruptions
  • Component shortages
  • Dependence on widespread acceptance and adoption of EVs
  • Risk of undetected defects or errors in technology

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 Q3 2025

Historical avgQ3 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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