Earnings ·
ChargePoint Holdings reported fiscal second quarter results ending July 31, 2026, with revenue of $116 million, an 18%…
CHPTChargePoint Holdings, Inc.
ChargePoint Holdings reported fiscal second quarter results ending July 31, 2026, with revenue of $116 million, an 18% year-over-year increase that exceeded guidance ranges. Subscription revenue rose 10% to $44 million, while GAAP gross margin improved to 36%. The company posted a GAAP net loss of $35.6 million and a non-GAAP adjusted EBITDA loss of $4.8 million, both significant improvements from prior year levels. Cash and equivalents stood at $95.7 million with approximately 27 million shares outstanding. ChargePoint appointed John Saffrett as Executive Vice President for Europe and announced new partnerships with Eaton, Mercedes-Benz, Optimus Energy Solutions, Onvo, and Portland International Airport to expand its charging infrastructure network. The company operates in the electric vehicle (EV) charging industry, providing hardware, software, and services for EV drivers and fleet operators.