ChargePoint Q4 Loss Narrower Than Expected, Revenues Fall Y/Y

ChargePoint CHPT reported a fourth-quarter fiscal 2025 loss of 6 cents per share, narrower than the Zacks Consensus Estimate of 8 cents. The company reported a loss of 13 cents per share in the year-ago period. Revenues of $101.89 million, however, missed the Zacks Consensus Estimate of $104 million and decreased 12% on a year-over-year basis, primarily due to lower networked charging systems revenues.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.ChargePoint Holdings, Inc. Price, Consensus and EPS Surprise ChargePoint Holdings, Inc. price-consensus-eps-surprise-chart | ChargePoint Holdings, Inc. QuoteKey Q4 HighlightsCHPT reported networked charging systems revenues of $52.6 million, down from $74 million in the prior-year quarter. Subscription revenues were $38.3 million, up from $33.5 million in the year-ago quarter. Other revenues amounted to $11 million, up from $8.3 million in the corresponding quarter of fiscal 2024.Gross profit for the reported quarter was $28.7 million compared with $22.4 million in the prior-year quarter. The company’s fourth-quarter fiscal 2025 non-GAAP gross margin was 30% compared with 22% in the prior-year quarter. Non-GAAP operating expenses totaled $52 million, down from $74.7 million in the year-ago quarter. CHPT’s non-GAAP adjusted EBITDA loss was $17.3 million, down from $45.3 million in the prior-year quarter.Research and development expenses were $30.42 million and decreased 44.9% from the year-ago quarter. Sales and marketing expenses decreased 27.1% on a year-over-year basis and stood at $24.51 million. General and administrative expenses rose 8.5% year-over-year to $28.72 million.Net cash used in operating activities amounted to $146.95 million, compared to $328.94 million used in the fourth quarter of fiscal 2024.Financial PositionChargePoint had $224.57 million in cash and cash equivalents as of Jan. 31, 2025, compared to $327.41 million as of Jan. 31, 2024. Total non-current debt was $300.4 million as of Jan. 31, 2025, compared to $283.7 million as of Jan. 31, 2024.Q1 2026 GuidanceFor the first quarter of fiscal 2026, CHPT expects revenues of $95 million to $105 million. The company aims to achieve positive non-GAAP adjusted EBITDA during the quarter.Zacks Rank and Other Key PicksCHPT currently has a Zacks Rank #2 (Buy).Some other top-ranked stocks in the auto space are Geely Automobile GELYY, General Motors GM and Zapp Electric Vehicles Group Limited ZAPP. While GELYY flaunts a Zacks Rank #1 (Strong Buy) at present, GM and ZAPP carry a Zacks Rank #2 each. You can see the complete list of today’s Zacks #1 Rank stocks here.The Zacks Consensus Estimate for GELYY’s 2025 EPS is currently pegged at $3.59, unchanged over the past 30 days and suggesting growth of 149.31% on a year-over-year basis.The Zacks Consensus Estimate for GM’s 2025 earnings has moved north 6.7% over the past 30 days and suggests year-over-year growth of 8.02%. It is currently pegged at $11.45 per share.The Zacks Consensus Estimate for ZAPP’s 2025 loss has been steady at 84 cents per share over the past 30 days and suggests growth of 67.2% on a year-over-year basis.Only $1 to See All Zacks' Buys and SellsWe're not kidding.Several years ago, we shocked our members by offering them 30-day access to all our picks for the total sum of only $1. No obligation to spend another cent.Thousands have taken advantage of this opportunity. Thousands did not - they thought there must be a catch. Yes, we do have a reason. We want you to get acquainted with our portfolio services like Surprise Trader, Stocks Under $10, Technology Innovators,and more, that closed 256 positions with double- and triple-digit gains in 2024 alone.See Stocks Now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report General Motors Company (GM): Free Stock Analysis Report Geely Automobile Holdings Ltd. (GELYY): Free Stock Analysis Report ChargePoint Holdings, Inc. (CHPT): Free Stock Analysis Report Zapp Electric Vehicles Group Limited (ZAPP): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks