For the quarter ended January 31, ChargePoint posted revenue of $109.32 million, up 7.3% year over year, while non-GAAP adjusted EBITDA loss narrowed slightly to $18 million from $19 million in the prior quarter. The company reported a loss of $0.54 per share compared with a $1.20 loss a year earlier, ended with $142 million in cash after a $40 million debt payment and held $215 million in inventory.

ChargePoint now operates approximately 385,000 managed charging ports, including over 41,000 DC fast chargers, and provides access to roughly 1.37 million public and private locations worldwide. The platform attracted 1.48 million monthly active users, up about 8% year over year, driving subscription revenues that represent 39% of total revenue with a 64% gross margin. Key partnerships include integrations with Ford Pro fleets in the UK and Germany, a $7.5 million multiyear deal with RAW Charging and expanded collaboration with Georgia Power.

Despite network growth, profitability challenges persist as ChargePoint continues to invest in operational improvements and station reliability, reducing station downtime to below 1%. Net cash usage fell to $43 million in fiscal 2026 from $133 million a year earlier, but elevated inventory levels and ongoing cash outflows remain concerns. Management forecasts Q1 fiscal 2027 revenues of $90–$100 million, reflecting typical seasonal softness.