On December 4, 2024, ChargePoint announced its Q3 FY2025 financial results, reporting revenue of $99.6 million, a 10% YoY decrease. Despite the revenue drop, GAAP gross margin improved to 23% from -22% YoY, and non-GAAP gross margin rose to 26% from -18% YoY. Subscription revenue grew 19% YoY to $36.4 million.ChargePoint's GAAP operating expenses decreased by 30% YoY to $91 million, and non-GAAP operating expenses fell by 28% YoY to $58.6 million. The GAAP net loss was $77.6 million, a 51% YoY reduction, while the non-GAAP pre-tax net loss was $40.7 million, down 62% YoY. Cash and equivalents stood at $219.8 million.For Q4 FY2025, ChargePoint projects revenue between $95 million and $105 million, focusing on growth and operational efficiency to achieve positive non-GAAP Adjusted EBITDA by FY2026.

On December 4, 2024, ChargePoint announced its Q3 FY2025 financial results, reporting revenue of $99.6 million, a 10% YoY decrease. Despite the revenue drop, GAAP gross margin improved to 23% from -22% YoY, and non-GAAP gross margin rose to 26% from -18% YoY. Subscription revenue grew 19% YoY to $36.4 million.ChargePoint's GAAP operating expenses decreased by 30% YoY to $91 million, and non-GAAP operating expenses fell by 28% YoY to $58.6 million. The GAAP net loss was $77.6 million, a 51% YoY reduction, while the non-GAAP pre-tax net loss was $40.7 million, down 62% YoY. Cash and equivalents stood at $219.8 million.For Q4 FY2025, ChargePoint projects revenue between $95 million and $105 million, focusing on growth and operational efficiency to achieve positive non-GAAP Adjusted EBITDA by FY2026.