ChargePoint Holdings, Inc. SEC 10-Q Report

ChargePoint Holdings, Inc., a leading provider of electric vehicle (EV) charging networks, has released its Form 10-Q report for the third quarter of fiscal year 2025. The report highlights significant financial and operational achievements, reflecting the company's ongoing growth and strategic initiatives in the EV infrastructure market. Financial Highlights Total Revenue: ChargePoint reported total revenue of $105.7 million for the three months ended October 31, 2025, an increase from $99.6 million in the same period in 2024. This growth was driven by the expansion of Networked Charging Systems and Subscriptions.Gross Profit: The company achieved a gross profit of $32.5 million for the three months ended October 31, 2025, up from $22.8 million in the same period in 2024, indicating improved cost management and operational efficiency.Loss from Operations: ChargePoint reduced its loss from operations to $(44.3) million for the three months ended October 31, 2025, compared to $(68.2) million in the same period in 2024, showing a significant reduction in operating losses.Net Loss: The net loss for the three months ended October 31, 2025, was $(52.5) million, compared to $(77.6) million in the same period in 2024, reflecting a decrease in net losses.Net Loss Per Share - Basic and Diluted: The net loss per share was $(2.23) for the three months ended October 31, 2025, compared to $(3.56) in the same period in 2024, indicating an improvement in per-share loss. Business Highlights Revenue Segments: ChargePoint generates revenue primarily through the sale of Networked Charging Systems, subscriptions to the ChargePoint Platform, and extended parts and labor warranties (Assure). The company also offers a bundled service called ChargePoint as a Service (CPaaS), which combines the use of its owned and operated Networked Charging Systems with the ChargePoint Platform and Assure into a single subscription.Geographical Performance: The United States remains a significant market for ChargePoint, contributing $81.2 million in revenue for the three months ended October 31, 2025, compared to $69.8 million in the same period in 2024. The rest of the world contributed $24.5 million, down from $29.8 million in the previous year, indicating a stronger performance in the domestic market compared to international markets.Customer Segments: ChargePoint targets three key verticals: commercial, fleet, and residential. Commercial customers include workplaces, retail, hospitality, healthcare, and parking lot operators. The fleet segment includes municipal buses, delivery vehicles, and ride-sharing services, while the residential segment covers single-family homes and multifamily residences.Future Outlook: ChargePoint anticipates continued growth in its Networked Charging Systems and subscription services as the adoption of electric vehicles increases. The company is focused on expanding its market presence across its key verticals and enhancing its platform capabilities to support the growing demand for EV infrastructure.SEC Filing: ChargePoint Holdings, Inc. [ CHPT ] - 10-Q - Dec. 05, 2025