Chargepoint Holdings, Inc. · NYSE:CHPT
Chargepoint — Q2 2025 Earnings Presentation
10 slides from Chargepoint's earnings presentation, Sep 4, 2024
Slide 1: Q2 Fiscal 2025 Financial Results
Q2 Fiscal 2025 Financial Results September 4, 2024 You can find information regarding our use of non-GAAP financial measures in our earnings release dated September 4, 2024, found on the Investor Relations section of our website at https://www.chargepoint.com/ © 2024 ChargePoint Holdings, Inc.
Slide 2: Revenue Diversity
Revenue Diversity By Type By Geography $M $M $160 $150 $160 $150 $116 $116 $120 $110 $107 $109 $120 $110 $107 $109 $80 $80 $40 $40 -- -- Q2 FY24 Q3 FY24 Q4 FY24 Q1 FY25 Q2 FY25 Q2 FY24 Q3 FY24 Q4 FY24 Q1 FY25 Q2 FY25 Networked Charging Systems North America Subscriptions Europe Other Note: Unaudited
Slide 3: Gross Margin
Gross Margin 30% 26% 24% 22% 20% 22% 24% 19% 10% 3% 0% 1% Q2 FY24 Q3 FY24 Q4 FY24 Q1 FY25 Q2 FY25 -10% -18% -20% -22% -30% GAAP Gross Margin Non-GAAP Gross Margin Note: Unaudited. Fiscal year ending on January 31. 3 © 2024 ChargePoint Holdings, Inc.
Slide 4: Operating Expenses
Operating Expenses $140 $130 140% $124 118% $120 $115 120% 100% $100 $91 100% 85% $88 83% 81% 74% $80 $89 65% 80% $M 62% 61% $81 $60 60% $75 $66 $66 59% $40 40% $20 20% -- 0% Q2 FY24 Q3 FY24 Q4 FY24 Q1 FY25 Q2 FY25 GAAP Operating Expenses Non-GAAP Operating Expenses - GAAP Operating Expenses as % of
Slide 5: Appendix
Appendix © 2024 ChargePoint Holdings, Inc. 5
Slide 6: GAAP Income Statement
GAAP Income Statement ($ in thousands; unaudited; preliminary) Three Months Ended Six Months Ended July 31, July 31, 2024 2023 2024 2023 Revenue Networked charging systems $ 64,146 $ 114,574 $ 129,520 $ 212,894 Subscriptions 36,191 30,011 69,636 56,376 Other 8,202 5,909 16,426 11,253 Total revenue 1
Slide 7: GAAP Balance Sheet
GAAP Balance Sheet ($ in thousands; unaudited; preliminary) July 31, January 31, 2024 2024 Assets Current assets: Cash and cash equivalents $ 243,263 $ 327,410 Restricted cash 400 30,400 Accounts receivable, net 111,480 124,049 Inventories 228,519 198,580 Prepaid expenses and other current assets 69
Slide 8: GAAP Statement of Cash Flows
GAAP Statement of Cash Flows ($ in thousands; unaudited; preliminary) Six Months Ended July 31, 2024 2023 Cash flows from operating activities Net loss $ (140,673) $ (204,643) Adjustments to reconcile net loss to net cash used in operating activities: Depreciation and amortization 14,896 14,018 Non-
Slide 9: GAAP to Non-GAAP Reconciliation
GAAP to Non-GAAP Reconciliation ($ in thousands; unaudited; preliminary) Three Three Six Six Months Ended Months Ended Months Ended Months Ended July 31, 2024 July 31, 2023 July 31, 2024 July 31, 2023 Reconciliation of GAAP Net Loss to Non-GAAP Net Loss and Non-GAAP Adjusted EBITDA Loss: GAAP net lo
Slide 10: GAAP to Non-GAAP Reconciliation
GAAP to Non-GAAP Reconciliation ($ in thousands; unaudited; preliminary) Three Months Ended Three Months Ended Three Months Ended Three Months Ended Three Months Ended July 31, 2024 April 30, 2024 January 31, 2024 October 31, 2023 July 31, 2023 Reconciliation of GAAP gross profit (margin) to non-GAA