ChargePoint Holdings reported revenue of $417.1 million for fiscal year 2025, down from $506.6 million in FY2024. Networked charging systems revenue declined 34.9% to $234.8 million, while subscriptions revenue grew 19.8% to $144.3 million. Gross margin improved significantly to 24.1% from 5.9% last year.The company continued to optimize operations through multiple reorganizations, reducing its global workforce by approximately 37% through three separate reductions in September 2023, January 2024 and September 2024. Operating expenses decreased 26.3% to $353.7 million, driven by lower personnel costs and improved operational efficiency. Net loss narrowed to $277.1 million from $457.6 million in the prior year.As of January 31, 2025, ChargePoint had $225.0 million in cash and cash equivalents, with no borrowings under its $150 million revolving credit facility. The company powers over 342,000 active charging ports and serves more than 750,000 active EV drivers monthly through its network and roaming partnerships that provide access to over 1 million charging ports worldwide.

ChargePoint Holdings reported revenue of $417.1 million for fiscal year 2025, down from $506.6 million in FY2024. Networked charging systems revenue declined 34.9% to $234.8 million, while subscriptions revenue grew 19.8% to $144.3 million. Gross margin improved significantly to 24.1% from 5.9% last year.The company continued to optimize operations through multiple reorganizations, reducing its global workforce by approximately 37% through three separate reductions in September 2023, January 2024 and September 2024. Operating expenses decreased 26.3% to $353.7 million, driven by lower personnel costs and improved operational efficiency. Net loss narrowed to $277.1 million from $457.6 million in the prior year.As of January 31, 2025, ChargePoint had $225.0 million in cash and cash equivalents, with no borrowings under its $150 million revolving credit facility. The company powers over 342,000 active charging ports and serves more than 750,000 active EV drivers monthly through its network and roaming partnerships that provide access to over 1 million charging ports worldwide.