Financial Data and Key Metrics Changes - Revenue for Q3 Fiscal 2026 reached $106 million, exceeding guidance of $90 million-$100 million, up 7% sequentially and 6% year-on-year [4][12] - Non-GAAP gross margin remained at a record high of 33%, flat sequentially and up 7 percentage points year-on-year [12][15] - Non-GAAP adjusted EBITDA loss was $19 million, an improvement from a loss of $22 million in the prior quarter and $29 million in the same quarter last year [15][19] - Cash balance at the end of the quarter was $181 million, down from $195 million in the prior quarter, reflecting cash usage of $14 million [15][16] Business Line Data and Key Metrics Changes - Network charging systems revenue was $56 million, accounting for 53% of total revenue, up 12% sequentially and 7% year-on-year [12] - Subscription revenue was $42 million, representing 40% of total revenue, up 5% sequentially and 15% year-on-year [13] - Other revenue accounted for $7 million, or 7% of total revenue [13] Market Data and Key Metrics Changes - North America accounted for 85% of revenue, while Europe made up 15%, consistent with recent quarters [14] - Demand in Europe is accelerating, with significant opportunities emerging across key markets [5][6] Company Strategy and Development Direction - The company is focused on a three-year strategic plan built on four pillars: efficient hardware innovation, software innovation, world-class driver experiences, and operational excellence [8][9] - The partnership with Eaton is expected to drive innovation and expand market presence [10][45] - The company aims to leverage favorable regulatory support and infrastructure investments in Europe to drive growth [6][19] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in continued revenue growth, particularly in the second half of calendar 2026, driven by new products and partnerships [4][18] - The competitive landscape is consolidating, creating opportunities for the company to expand its market presence [6][19] - Management remains cautious about the broader macroeconomic environment but is optimistic about growth prospects [18] Other Important Information - The company completed a debt exchange transaction that reduced total debt by $172 million and extended maturity to 2030 [5][17] - The company manages approximately 375,000 ports globally, including over 39,000 DC fast chargers [8] Q&A Session Summary Question: Inquiry about product evolution and demand from virtual power plants - Management discussed the new Flex product line that is V2G and V2H-enabled, which will roll out in 2026, and a new DC fast charging product that integrates directly with a DC grid [22][24] Question: Potential for inventory reduction - Management indicated a small decline in inventory is expected in Q4, with a more significant decrease anticipated throughout the next fiscal year [25][26] Question: Expectations for gross margin potential with new products - Management stated that improvements in hardware margin will depend on product mix and expect larger improvements as new products are released in the latter half of next year [29][30] Question: Confidence in projects in Europe - Management expressed confidence in winning significant deals in Europe due to positive customer feedback on new products [35][36] Question: NEVI funding and project financing - Management confirmed that 40 states are active in NEVI and awarding contracts, with projects moving forward [48][49]

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Core Insights - ChargePoint Holdings, Inc. reported Q3 earnings that exceeded revenue expectations but fell short on adjusted earnings per share [1][2] Financial Performance - Quarterly adjusted losses were $2.23 per share, missing the analyst estimate of $1.31 [1] - Quarterly revenue was $105.67 million, surpassing the consensus estimate of $96.71 million [1] - Subscription revenue grew 15% year-over-year to $42 million [5] - Non-GAAP gross margin remained at a record high of 33% [5] Strategic Developments - The CEO highlighted a return to growth with revenue exceeding expectations [2] - The company successfully completed a debt exchange, reducing debt by $172 million, which is more than 50% [3][5] - Strategic partnerships, particularly with Eaton, are expected to accelerate growth in e-mobility [3] Future Outlook - For the fourth fiscal quarter ending January 31, 2026, ChargePoint anticipates revenue between $100 million and $110 million [3]

© 2025 ChargePoint Holdings, Inc. 2 • ChargePoint has provided historical financial information in this presentation that has not been prepared in accordance with generally accepted accounting principles in the United States ("GAAP"). ChargePoint uses these non-GAAP financial measures internally in analyzing its financial results. ChargePoint believes that the use of these non-GAAP financial measures is useful to investors to evaluate ongoing operating results and trends and believes they provide meaningful ...

Revenue Performance - Revenue for Q3 FY 2026 was $106 million, a 6% increase year-over-year, exceeding guidance[7] - Subscription revenue grew 15% year-over-year to $42 million[7] - Total revenue for the three months ended October 31, 2025, was $105,674,000, representing an increase of 6.5% compared to $99,612,000 for the same period in 2024[23] Profitability and Loss - GAAP net loss for Q3 FY 2026 was $52.5 million, a 32% reduction from $77.6 million in the prior year's same quarter[8] - The net loss for the three months ended October 31, 2025, was $52,479,000, compared to a net loss of $77,590,000 for the same period in 2024, indicating a 32.4% improvement[23] - GAAP net loss for the three months ended October 31, 2025, was $(52,479), or (50%) of revenue, compared to $(77,590) (78%) in the same period last year[29] - Non-GAAP net loss for the three months ended October 31, 2025, was $(31,095), representing (29%) of revenue, compared to $(42,240) (42%) in the prior year[29] Gross Margin and Profit - GAAP gross margin improved to 31%, up from 23% in the prior year's same quarter; non-GAAP gross margin reached a record high of 33%, up from 26%[8] - Non-GAAP gross profit for the three months ended October 31, 2025, was $34,511, with a gross margin of 33%, up from $25,781 (26%) in the prior year[28] - Total gross profit for the nine months ended October 31, 2025, was $91,200, with a gross margin of 30%, compared to $71,981 (23%) for the same period in 2024[28] Expenses - Operating expenses decreased by 16% year-over-year to $76.8 million[8] - Research and development expenses for the nine months ended October 31, 2025, were $104,664,000, a decrease of 5.4% from $110,861,000 in the previous year[23] - Non-GAAP operating expenses for the three months ended October 31, 2025, were $57,462, accounting for 54% of revenue, compared to $58,597 (59%) in the same period last year[29] - Total operating expenses for the nine months ended October 31, 2025, were $248,352, or 82% of revenue, compared to $270,031 (86%) in the prior year[28] Cash and Debt Management - Cash and cash equivalents on the balance sheet as of October 31, 2025, were $180.9 million[8] - Cash and cash equivalents decreased to $180,514,000 as of October 31, 2025, down from $224,571,000 at the beginning of the year[25] - Total outstanding debt was reduced by $172 million, representing more than 50% reduction post quarter end[8] Future Outlook - For Q4 FY 2026, ChargePoint expects revenue between $100 million and $110 million[9] Contracts and Agreements - ChargePoint was awarded a cooperative purchasing contract with Sourcewell for EV charging solutions, marking its third agreement since 2017[8]

Core Insights - ChargePoint Holdings, Inc. (NYSE:CHPT) is recognized as one of the top EV charging stocks to consider for investment, with a Hold consensus from 11 analysts and an average target price of $12.88, indicating a potential upside of 57.26% from the current price of $8.19 [1]. Group 1: Partnerships and Deployments - ChargePoint has partnered with Dabaja Brothers Development Group to deploy over 40 fast-charging ports in Michigan, aiming to improve EV charging access in the region [2]. - The first charging site has been established in Canton, Michigan, featuring a ChargePoint Express Plus station capable of ultra-fast charging up to 500 kW, with additional sites planned in Dearborn and Livonia to enhance coverage in Metro Detroit [3]. Group 2: Technology and Platform Enhancements - The partnership follows the recent launch of ChargePoint's re-engineered ChargePoint Platform, which now includes AI-powered tools for better management of EV charging networks, such as an AI data assistant for predictive insights and a virtual queue system called Waitlist [4]. Group 3: Company Overview - ChargePoint Holdings, Inc. is a leading provider of EV charging solutions, operating one of the largest charging networks in North America and Europe, offering a range of hardware, cloud-based software, and services for various customer segments including residential, commercial, and fleet [5].

Core Insights - The growth of a specific industry does not guarantee the success of all participants within that industry [1] Group 1: Analyst Background - Dilantha De Silva has over 10 years of experience in the investment industry, focusing on equity analysis and investment research [1] - He writes for various platforms including Seeking Alpha, GuruFocus, TipRanks, and ValueWalk, with a notable following on Seeking Alpha [1] - His expertise includes a focus on small-cap stocks that are often overlooked by Wall Street analysts [1] - Dilantha is a CFA Level III candidate and holds qualifications from the Chartered Institute for Securities and Investment (CISI) [1] - He has been featured on major financial networks such as CNBC and Bloomberg [1] - His work has been showcased on leading investment platforms like Nasdaq and Yahoo Finance [1] - In addition to stock analysis, he is involved in private equity transactions, including acquiring and managing businesses [1]

Core Insights - ChargePoint Holdings, Inc. (CHPT) stock closed at $7.57, down 3.69% from the previous day, underperforming the S&P 500 which gained 1.55% [1] - The stock has decreased by 28.55% over the past month, compared to the Auto-Tires-Trucks sector's loss of 8.01% and the S&P 500's loss of 1.8% [1] Earnings Performance - ChargePoint is expected to release earnings on December 4, 2025, with an anticipated EPS of -$1.35, reflecting a 32.5% increase from the same quarter last year [2] - The consensus estimate for quarterly revenue is $96.46 million, a decrease of 3.16% from the previous year [2] Fiscal Year Estimates - For the entire fiscal year, the Zacks Consensus Estimates predict an EPS of -$5.16 and revenue of $393.9 million, indicating a 32.11% increase in EPS and a 5.56% decrease in revenue compared to the prior year [3] Analyst Estimates - Recent changes to analyst estimates for ChargePoint are being monitored, as they often indicate shifts in near-term business trends [4] - Positive changes in estimates suggest analyst optimism regarding the company's business and profitability [4] Zacks Rank System - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), has a strong track record, with 1 rated stocks averaging a 25% annual return since 1988 [6] - ChargePoint currently holds a Zacks Rank of 3 (Hold), with the consensus EPS estimate remaining steady over the past month [6] Industry Insights - The Automotive - Original Equipment industry, part of the Auto-Tires-Trucks sector, ranks in the top 34% of all industries according to the Zacks Industry Rank [7] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]

Company Performance - ChargePoint Holdings, Inc. (CHPT) closed at $8.23, reflecting a +2.11% change from the previous day, outperforming the S&P 500's daily loss of 0.83% [1] - Over the past month, shares have depreciated by 27.32%, significantly underperforming the Auto-Tires-Trucks sector's loss of 4.21% and the S&P 500's gain of 0.19% [1] Upcoming Earnings - ChargePoint is set to release its earnings on December 4, 2025, with an anticipated EPS of -$1.35, representing a 32.5% increase compared to the same quarter last year [2] - The consensus estimate for revenue is $96.46 million, indicating a 3.16% decrease from the same quarter last year [2] Fiscal Year Projections - For the entire fiscal year, the Zacks Consensus Estimates project an EPS of -$5.16 and revenue of $393.9 million, reflecting changes of +32.11% and -5.56% respectively from the prior year [3] Analyst Estimates - Recent modifications to analyst estimates for ChargePoint are crucial as they indicate changing business trends, with positive revisions suggesting analysts' confidence in performance and profit potential [4] - The Zacks Rank system, which incorporates estimate changes, currently ranks ChargePoint Holdings, Inc. at 3 (Hold), with no changes in the consensus EPS estimate over the past month [6] Industry Context - The Automotive - Original Equipment industry, part of the Auto-Tires-Trucks sector, holds a Zacks Industry Rank of 85, placing it in the top 35% 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]

Company Performance - ChargePoint Holdings, Inc. closed at $9.67, reflecting a -1.53% change from the previous day, underperforming the S&P 500's 0.06% gain [1] - The company's shares experienced a loss of 20.42% over the past month, compared to a 7.48% gain in the Auto-Tires-Trucks sector and a 4.57% gain in the S&P 500 [1] Financial Projections - The upcoming EPS for ChargePoint is projected at -$1.35, indicating a 32.50% increase from the same quarter last year [2] - Quarterly revenue is estimated at $96.46 million, down 3.16% from the previous year [2] - For the full year, earnings are projected at -$5.16 per share and revenue at $393.9 million, reflecting changes of +32.11% and -5.56% respectively from the prior year [3] Analyst Estimates and Rankings - Recent changes to analyst estimates for ChargePoint are important as they reflect short-term business dynamics, with positive revisions indicating analyst optimism [3] - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), currently ranks ChargePoint as 3 (Hold) [5] - The Zacks Rank has a strong track record, with 1 stocks averaging an annual return of +25% since 1988 [5] Industry Context - ChargePoint operates within the Automotive - Original Equipment industry, which is part of the Auto-Tires-Trucks sector [6] - This industry holds a Zacks Industry Rank of 85, placing it in the top 35% of over 250 industries [6] - The top 50% rated industries outperform the bottom half by a factor of 2 to 1, indicating a favorable environment for ChargePoint [6]