Group 1 - ChargePoint Holdings, Inc. reported $98.59 million in revenue for the quarter ended July 2025, a year-over-year decline of 9.2% [1] - The EPS for the same period was -$1.42, an improvement from -$2.00 a year ago [1] - The reported revenue exceeded the Zacks Consensus Estimate of $95.1 million, resulting in a surprise of +3.67% [1] Group 2 - ChargePoint's EPS surprise was -22.41%, with the consensus EPS estimate being -$1.16 [1] - The company has seen a stock return of +10.4% over the past month, outperforming the Zacks S&P 500 composite's +3% change [3] - ChargePoint currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market [3] Group 3 - Networked charging systems revenue was $50.42 million, surpassing the estimated $49.49 million by three analysts [4] - Subscription revenue reached $39.9 million, exceeding the three-analyst average estimate of $37.9 million [4] - Other revenue amounted to $8.27 million, compared to the three-analyst average estimate of $7.35 million [4]

Financial Performance - ChargePoint Holdings, Inc. reported a quarterly loss of $1.42 per share, which was worse than the Zacks Consensus Estimate of a loss of $1.16, representing an earnings surprise of -22.41% [1] - The company posted revenues of $98.59 million for the quarter ended July 2025, surpassing the Zacks Consensus Estimate by 3.67%, but down from $108.54 million in the same quarter last year [2] - Over the last four quarters, ChargePoint has surpassed consensus EPS estimates only once [2] Stock Performance - ChargePoint shares have declined approximately 49.9% since the beginning of the year, contrasting with the S&P 500's gain of 9.1% [3] - The current Zacks Rank for ChargePoint is 3 (Hold), indicating that the shares are expected to perform in line with the market in the near future [6] Future Outlook - The consensus EPS estimate for the upcoming quarter is -$1.09 on revenues of $100.65 million, and for the current fiscal year, it is -$4.46 on revenues of $412.8 million [7] - The outlook for the automotive industry, where ChargePoint operates, is currently in the top 33% of Zacks industries, suggesting a favorable environment for performance [8]

Financial Data and Key Metrics Changes - Second quarter revenue was $99 million, landing at the top of the guidance range, with a non-GAAP gross margin of 33%, the highest since becoming a public company [5][17] - Cash management was strong, ending the quarter with $195 million, only $2 million below the previous quarter, reflecting structural OpEx changes [6][19] - Non-GAAP adjusted EBITDA loss was $22 million, an improvement from a loss of $23 million in the prior quarter and a loss of $34 million in the same quarter last year [18] Business Line Data and Key Metrics Changes - Network charging systems generated $50 million, accounting for 51% of total revenue, while subscription revenue was $40 million, representing 40% of total revenue, up 10% year on year [15][16] - Hardware gross margin increased by 1% sequentially despite higher tariffs, while subscription margin reached a record high of 61% on a GAAP basis [17][18] Market Data and Key Metrics Changes - In the U.S., passenger EV sales growth slowed to a 3% year-over-year increase, with concerns over the expiration of EV tax credits impacting future adoption [7][12] - European EV sales saw a 26% year-over-year increase in the first half of the year, indicating strong future charging demand [12] Company Strategy and Development Direction - The company is focusing on product innovation and commercialization to drive durable revenue growth, pushing out the EBITDA breakeven target to ensure funding for these efforts [8][20] - A strategic partnership with Eaton is being operationalized to accelerate the deployment of electric vehicle charging infrastructure across North America and Europe [9][10] Management's Comments on Operating Environment and Future Outlook - Management expressed cautious optimism about the macro conditions in Europe compared to North America, anticipating growth driven by new products and a more favorable environment [25][26] - The company believes ongoing demand for EVs will persist despite current market challenges, with expectations of record EV sales in North America due to upcoming tax credit expirations [34][36] Other Important Information - The company is managing operating expenses closely, with a slight increase due to temporary R&D spending related to new product development [18] - The inventory balance remained flat at $212 million, with plans for gradual reduction to free up cash [19] Q&A Session Summary Question: Trajectory of OpEx - Management indicated that OpEx is slightly higher due to R&D investments, expecting it to persist in the next quarter but to decrease gradually thereafter [22][23] Question: Growth Opportunities in Europe - Management noted that the macro conditions in Europe are better, with new products targeted at the market expected to drive growth [25][26] Question: Customer Project Plans in North America - Management confirmed that while projects are delayed, there have been no cancellations, and clarity is expected post-tax credit expiration [40][41] Question: Gross Margin Improvement - Management highlighted that hardware margins improved due to lower costs from Asia and efficiencies in warranty costs [44][45] Question: Competitive Landscape and Software - Management emphasized the strength of their software platform and the value created by integrating software with hardware [48][50] Question: Inventory Management - Management stated that inventory is being managed based on new product releases, with no current shortages anticipated [56][62] Question: Cash Usage and Future Projections - Management expects to continue reducing cash usage and anticipates potential cash generation before achieving EBITDA profitability [61][62] Question: Industry Consolidation - Management noted that consolidation is typical after a hype cycle, with many companies facing economic challenges [88][89]

Core Insights - ChargePoint Holdings, Inc. reported a quarterly loss of $1.42 per share, which was worse than the analyst estimate of a loss of $1.21 [1] - The company's quarterly revenue was $98.59 million, exceeding the Street estimate of $96.64 million [1] Financial Performance - ChargePoint's networked charging systems revenue for the first quarter was $50.4 million, a decrease of 21% from $64.1 million in the same quarter of the previous year [4] - Subscription revenue increased to $39.9 million, up 10% from $36.2 million in the prior year's same quarter [4] - Non-GAAP gross margin improved to 33%, compared to 26% in the prior year's same quarter, primarily due to growth in subscription revenue [4] - Non-GAAP operating expenses were $58.6 million, down 12% from $66.4 million in the prior year's same quarter [4] Future Outlook - ChargePoint anticipates third-quarter revenue to be in the range of $90 million to $100 million, lower than the analyst estimate of $106.69 million [3] - Following the earnings report, ChargePoint's stock price fell by 4.92% to $10.25 in extended trading [3] Management Commentary - CEO Rick Wilmer highlighted that the focus on operational excellence has led to improvements in gross margin and cash management, and the commitment to innovation is resulting in new products that are positively received in the market [2]

Financial Performance - Revenue - ChargePoint's revenue for Q2 Fiscal Year 2026 reached $98590 thousand[23], while Q2 Fiscal Year 2025 was $108539 thousand[23] - Networked Charging Systems revenue for Q2 Fiscal Year 2026 was $50421 thousand[23], and for Q2 Fiscal Year 2025 was $64146 thousand[23] - Subscriptions revenue increased to $39896 thousand in Q2 Fiscal Year 2026[23] from $36191 thousand in Q2 Fiscal Year 2025[23] Financial Performance - Profitability - GAAP gross profit was $30728 thousand in Q2 Fiscal Year 2026[23], compared to $25585 thousand in Q2 Fiscal Year 2025[23] - GAAP gross margin was 31% in Q2 Fiscal Year 2026[32] compared to 24% in Q2 Fiscal Year 2025[32] - Non-GAAP gross profit was $32775 thousand in Q2 Fiscal Year 2026[32], resulting in a non-GAAP gross margin of 33%[32] Financial Performance - Expenses and EBITDA - GAAP operating expenses totaled $89705 thousand in Q2 Fiscal Year 2026[32], representing 91% of revenue[32] - Non-GAAP operating expenses were $58597 thousand in Q2 Fiscal Year 2026[32], which is 59% of revenue[32] - GAAP net loss was $(66179) thousand in Q2 Fiscal Year 2026[28], compared to $(68874) thousand in Q2 Fiscal Year 2025[28] - Non-GAAP adjusted EBITDA loss was $(22074) thousand in Q2 Fiscal Year 2026[29], or -22% of revenue[29], compared to $(34134) thousand in Q2 Fiscal Year 2025[29], or -31% of revenue[29] Balance Sheet - Cash, cash equivalents, and restricted cash totaled $194523 thousand as of July 31, 2025[27] compared to $243663 thousand as of July 31, 2024[27]

Exhibit 99.1 Second Quarter Fiscal 2026 Financial Overview For reconciliation of GAAP and non-GAAP results, please see the tables below. Business Highlights • ChargePoint and Eaton announced a new modular Express DC fast charging architecture with end-to-end power infrastructure, featuring vehicle-to-grid (V2G) capabilities and multi-megawatts of output. The system can be deployed 1 • Revenue of $99 million, at the top end of the guidance range • GAAP gross margin grows to 31% and non-GAAP gross margin grow ...

Company Performance - ChargePoint Holdings, Inc. (CHPT) closed at $11.46, reflecting a -1.04% change from the previous day's closing price, underperforming the S&P 500's daily gain of 0.24% [1] - The company's shares increased by 27.82% over the past month, significantly outperforming the Auto-Tires-Trucks sector's gain of 6.98% and the S&P 500's gain of 1.28% [1] Upcoming Earnings - ChargePoint is set to release its earnings report on September 3, 2025, with an expected EPS of -$1.2, indicating a 40% growth compared to the same quarter last year [2] - The Zacks Consensus Estimate projects net sales of $94.8 million, which is a decrease of 12.66% from the previous year [2] Fiscal Year Projections - For the entire fiscal year, the Zacks Consensus Estimates predict an EPS of -$4.41 and revenue of $418.24 million, representing changes of +41.97% and +0.28% respectively from the prior year [3] Analyst Estimates - Recent modifications to analyst estimates for ChargePoint reflect changing short-term business dynamics, with positive revisions indicating analysts' confidence in the company's performance [4] - The consensus EPS projection has decreased by 1.51% in the past 30 days, and ChargePoint currently holds a Zacks Rank of 4 (Sell) [6] Industry Context - ChargePoint operates within the Automotive - Original Equipment industry, which ranks in the top 43% of all industries according to the Zacks Industry Rank [7] - The Zacks Industry Rank measures the strength of industry groups, with the top 50% rated industries outperforming the bottom half by a factor of 2 to 1 [7]

Company Performance - ChargePoint Holdings, Inc. (CHPT) experienced a decline of 5.24% in its stock price, closing at $11.39, which underperformed the S&P 500's daily loss of 0.24% [1] - Over the past month, the company's stock has decreased by 5.98%, contrasting with the Auto-Tires-Trucks sector's gain of 2.64% and the S&P 500's gain of 1.95% [1] Earnings Forecast - The upcoming earnings report for ChargePoint is scheduled for September 3, 2025, with an expected EPS of -$1.2, reflecting a 40% growth compared to the same quarter last year [2] - Revenue is anticipated to be $94.8 million, indicating a 12.66% decline from the year-ago quarter [2] - For the annual period, the Zacks Consensus Estimates project an EPS of -$4.41 and revenue of $418.24 million, representing increases of 41.97% and 0.28% respectively from the previous year [3] Analyst Revisions - Recent revisions to analyst forecasts for ChargePoint are crucial as they reflect changing short-term business trends, with upward revisions indicating analysts' optimism about the company's operations and profit generation [4] - The Zacks Rank system, which incorporates these estimate changes, currently rates ChargePoint Holdings, Inc. at 4 (Sell), with the Zacks Consensus EPS estimate having decreased by 1.51% in the past month [6] Industry Context - ChargePoint operates within the Automotive - Original Equipment industry, which is part of the Auto-Tires-Trucks sector, currently holding a Zacks Industry Rank of 151, placing it in the bottom 39% of over 250 industries [7] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]

Core Viewpoint - ChargePoint Holdings executed a reverse stock split, which negatively impacted its stock price, overshadowing some positive developments within the company [1][2]. Company Actions - ChargePoint conducted a 1-for-20 reverse stock split to comply with the New York Stock Exchange's minimum price requirement of an average of at least $1 per share over a 30-day trading period [5]. - The reverse stock split resulted in a significant drop in share price, with a decline of over 22% during the trading week [2][3]. Financial Performance - ChargePoint has been facing challenges, including declining revenue growth and ongoing bottom-line losses, alongside a slowdown in electric vehicle sales growth compared to previous years [5]. Positive Developments - Despite the negative impact of the reverse stock split, ChargePoint launched its Safeguard Care program, which offers end-to-end reliability monitoring of its charging stations, potentially providing a competitive advantage [6].

ChargePoint Holdings, Inc. (CHPT) ended the recent trading session at $9.19, demonstrating a +2.45% change from the preceding day's closing price. The stock's change was more than the S&P 500's daily loss of 0.37%. Meanwhile, the Dow lost 0.74%, and the Nasdaq, a tech-heavy index, lost 0.03%. Prior to today's trading, shares of the company had lost 36.51% lagged the Auto-Tires-Trucks sector's gain of 2.04% and the S&P 500's gain of 2.68%. The investment community will be closely monitoring the performance o ...