NYSE$CHPT
Chargepoint Holdings Inc. · Q4 2022 earnings
Q4 2022 earnings · · Investor relations
Briefing
ChargePoint delivered strong results, exceeding revenue guidance and demonstrating technology leadership.
ChargePoint reported a strong fourth quarter with revenue increasing 90% year over year and full year revenue increasing 65% year over year, both exceeding the top end of guidance. The company expanded its activated port count and continued to gain momentum with fleet companies.
- Quarterly revenue increased 90% year over year.
- Annual revenue increased 65% year over year.
- Over 174,000 activated ports as of January 31, with approximately 51,000 in Europe.
- Fleet momentum continued with leading fleet companies.
Headline financials
Revenue & EPS history
ChargePoint · Revenue · Quarterly
$80.7M
Revenue by segment
ChargePoint · $80.7M total across 3 segments · Q4 2022
- Networked Charging Systems$59.2M+109.0%73.3%
- Subscriptions$17.2M+56.9%21.3%
- Other$4.3M+37.7%5.3%
Forward guidance
ChargePoint expects revenue of $72 million to $77 million for the first fiscal quarter ending April 30, 2022. For the full fiscal year ending January 31, 2023, ChargePoint expects revenue of $450 million to $500 million.
Tailwinds
- Revenue of $450 million to $500 million for fiscal year 2023.
- Non-GAAP gross margin of 22% to 26%.
- Non-GAAP operating expenses of $350 million to $370 million.
- Anticipated revenue increase of 96% compared to the prior year.
- Guidance excludes amortization expense of acquired intangible assets.
Headwinds
- Guidance excludes stock-based compensation expense.
- Guidance excludes non-recurring costs associated with restructuring.
- Guidance excludes earn-out-related payroll tax expense.
- Guidance excludes professional services fees related to acquisitions and security offerings.
- ChargePoint is not be able to present a reconciliation of non-GAAP financial guidance to the corresponding GAAP measures because certain items that impact these measures are uncertain or out of our control, or cannot be reasonably predicted, including stock-based compensation expense, without unreasonable effort.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2022
+0.5%
Avg return
Earnings day
-1.8%
Avg return
5 days after
-6.7%
Avg return
30 days after
50%
12 / 24 earnings
Positive
+21.8%
Q3 2026
Best reaction
-18.2%
Q2 2025
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| 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 2022 | +1.2% | -2.6% | -16.3% | |
| Q3 2021 | +1.2% | -2.6% | -16.3% | |
| Q2 2021 | +8.6% | +4.1% | -8.7% | |
| Q1 2021 | +3.0% | +8.1% | +17.3% | |
| Q4 2021 | -2.8% | -13.7% | -3.4% | |
| Q4 2020 | -2.8% | -13.7% | -3.4% | |
| Q3 2020 | +0.5% | +0.5% | +0.9% | |
| Q2 2020 | — | — | — | |
| Q1 2019 | — | — | — |
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