NYSE$CHPT
Chargepoint Holdings Inc. · Q4 2023 earnings
Q4 2023 earnings · · Investor relations
Briefing
Reported fourth quarter and full fiscal year 2023 financial results, with revenue up 93% year-over-year for the quarter and 94% for the full year.
ChargePoint reported its Q4 fiscal year 2023 financial results, achieving $153 million in revenue, a 93% increase year-over-year. The company's annualized subscription revenue crossed $100 million, and both GAAP and Non-GAAP gross margins improved sequentially. However, revenue was below the guidance range due to supply challenges for DC solutions and quarter-end shipment issues.
- Q4 revenue reached $153 million, representing 93% year-over-year growth.
- Full fiscal year revenue was $468 million, a 94% increase year-over-year.
- Annualized subscription revenue exceeded $100 million.
- GAAP and Non-GAAP gross margins improved sequentially by 4 and 3 percentage points, respectively.
Headline financials
Revenue & EPS history
ChargePoint · Revenue · Quarterly
$153M
Revenue by segment
ChargePoint · $153M total across 3 segments · Q4 2023
- Networked Charging Systems$122M+106.7%80.1%
- Subscriptions$25.7M+49.3%16.8%
- Other$4.76M+10.7%3.1%
Forward guidance
For the first fiscal quarter ending April 30, 2023, ChargePoint expects revenue of $122 million to $132 million, representing an anticipated increase of 56% compared to the prior year's same quarter at the midpoint.
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 Q4 2023
+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
| Quarter | Report date | Reaction (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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