Loading...
•
Jan 31, 2024
ChargePoint Q4 2024 Earnings Report
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.
Key Takeaways
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.
Revenue by Segment
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.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...