NYSE$CHPT

Chargepoint Holdings Inc. · Q4 2024 earnings

Q4 2024 earnings · · Investor relations

Briefing

ChargePoint's Q4 2024 financial results were reported, featuring a revenue of $116 million, a GAAP gross margin of 19%, and a net loss of $94.7 million.

ChargePoint reported Q4 revenue of $115.8 million, a GAAP gross margin of 19%, and a net loss of $94.7 million. The company focused on operational execution, delivering sequential revenue growth, gross margin normalization, operating expense reduction, and decreased cash usage.

  • Q4 revenue reached $116 million, while full fiscal year revenue was $507 million.
  • Q4 GAAP gross margin was 19%, and non-GAAP gross margin was 22%.
  • Full fiscal year subscription revenue totaled $120 million, representing a 41% year-over-year growth.
  • ChargePoint anticipates Q1 fiscal year 2025 revenue between $100 to $110 million.

Headline financials

Total Revenue

$116M

Previous: $153M-24.2%
EPS (adj)

-$0.12

Previous: -$0.13+7.7%
GAAP Gross Margin

19.0%

Previous: 22.0%-13.6%
Non-GAAP Gross Margin

22.0%

Previous: 23.0%-4.3%
Capital Expenditures

-$4.75M

Previous: $4.42M-207.5%
Net Income

-$94.7M

Previous: -$78M-21.4%
Operating Income

-$92.9M

Previous: -$78.3M-18.7%
Gross Profit

$22.4M

Previous: $33M-32.1%
R&D Expense

$47.7M

No prior period
Stock-Based Comp

$25.4M

Previous: $25.7M-1.3%

Revenue & EPS history

ChargePoint · Revenue · Quarterly

$116M

Q4 2024-24.2%vs Q4 2023
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

For the first quarter of fiscal year 2025, ChargePoint expects revenue of $100 million to $110 million. The Company reaffirms its goal to achieve positive non-GAAP Adjusted EBITDA for the fourth quarter of fiscal year 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 Q4 2024

Historical avgQ4 2024

+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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