ChargePoint Q2 2025 Earnings Report
Key Takeaways
ChargePoint reported Q2 2025 revenue of $108.5 million, a 28% decrease year-over-year. GAAP gross margin was 24%, and non-GAAP gross margin was 26%. The company is implementing an action plan to reduce operating expenses, targeting positive non-GAAP Adjusted EBITDA during fiscal year 2026.
Second quarter fiscal 2025 revenue was $109 million.
GAAP gross margin was 24% and non-GAAP gross margin was 26%.
Subscription revenue was $36 million, representing 21% year over year growth.
ChargePoint anticipates $41 million reduction in annualized GAAP operating expenses and $38 million reduction in annualized non-GAAP operating expenses.
ChargePoint
ChargePoint
ChargePoint Revenue by Segment
Forward Guidance
For the third fiscal quarter ending October 31, 2024, ChargePoint expects revenue of $85 million to $95 million. The Company is concentrating on returning to growth and streamlining operations to continue on its path to positive non-GAAP Adjusted EBITDA, which is now targeted during fiscal year 2026.
Revenue & Expenses
Visualization of income flow from segment revenue to net income