earnings
confidence high
sentiment negative
materiality 0.80
ChargePoint Q2 revenue down 28% YoY to $108.5M, announces 15% workforce cut
ChargePoint Holdings, Inc.
2025-Q2 EPS
reported -$0.33
vs consensus -$1.18
▲ beat
(+72.1%)
- Revenue $108.5M (down 28% YoY); subscription revenue up 21% to $36.2M.
- GAAP net loss $68.9M (improved 45% YoY); non-GAAP Adjusted EBITDA loss $34.1M (improved 58%).
- Workforce reduction ~15%; expects annualized GAAP opex savings ~$41M; restructuring costs ~$10M.
- Q3 FY2025 revenue guidance $85M-$95M; targeting positive non-GAAP Adjusted EBITDA in FY2026.
- Cash $243.7M; $150M undrawn revolver; no debt maturities until 2028.