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Apr 30
ChargePoint Q1 2026 Earnings Report
ChargePoint reported Q1 2026 results with a narrowed net loss and modest revenue decline.
Key Takeaways
ChargePoint posted a Q1 net loss of $57.1M on $97.6M in revenue, reflecting improvements in gross margin and cost control. Despite lower sales of charging systems, subscription revenues grew, supported by new product introductions and a strategic partnership with Eaton.
Revenue reached $97.6M, down from $107.0M YoY.
GAAP Net Loss narrowed to $57.1M from $71.8M YoY.
Subscription revenue grew 14% YoY to $38.0M.
New partnership with Eaton and AC product architecture introduced.
ChargePoint
ChargePoint
ChargePoint Revenue by Segment
Revenue by Segment
Networked Charging Systems Revenue
CapyFin.comSubscriptions Revenue
CapyFin.comOther Revenue
CapyFin.com Forward Guidance
ChargePoint guided Q2 FY26 revenue between $90M and $100M, aiming to drive growth through product innovation and channel expansion.
Positive Outlook
- Expected revenue range of $90M to $100M in Q2.
- Continued progress toward positive non-GAAP adjusted EBITDA in FY26.
- New AC charging architecture with bidirectional capability to support growth.
- Partnership with Eaton opens access to broader distribution networks.
- Operational cost reductions and improved gross margins.
Challenges Ahead
- Ongoing net losses despite narrowing YoY.
- Revenue decline in core hardware segment.
- Limited visibility into regional/geographic performance.
- Continued dependency on subsidies and government policies.
- Macroeconomic and supply chain risks remain elevated.
Revenue & Expenses
Visualization of income flow from segment revenue to net income