ChargePoint (CHPT) investor relations material

Executive summary

• Q4 revenue reached $109.3 million, up 7% year-over-year and at the high end of guidance, with full-year revenue at $411.2 million, down 1% from the prior year.

• Non-GAAP gross margin hit a record 33% in Q4, with GAAP gross margin at 31%; operational improvements included reduced downtime, higher customer satisfaction, and improved deployment reliability above 95%.

• Net loss for Q4 was $44.4 million, a 24% improvement year-over-year; full-year net loss was $220.2 million, down from $277.1 million.

• AI adoption and strategic partnerships (e.g., Ford Pro, RAW Charging, Eaton) are driving operational efficiency, innovation, and future growth.

• Europe delivered robust double-digit growth, now representing 23% of Q4 revenue, its highest share since going public.

Financial highlights

• Q4 revenue: $109.3 million (up 7% year-over-year); full-year revenue: $411.2 million.

• Subscription revenue grew 11% year-over-year to $42.5 million in Q4, now 39% of total revenue.

• Non-GAAP gross margin: 33% in Q4 (up from 30%); GAAP gross margin: 31% in Q4 (up from 28%).

• Non-GAAP adjusted EBITDA loss: $18.4 million in Q4, improved from $19 million prior quarter.

• Cash and cash equivalents at year-end: $141.6 million after a $40 million debt payment.

Outlook and guidance

• Q1 FY27 revenue guidance: $90–$100 million, reflecting typical seasonality and macro prudence.

• Expect continued growth acceleration in the second half of the year as new products ramp.

• Ongoing focus on disciplined execution, OpEx management, and margin expansion.