ChargePoint Sets Record Gross Margin

ChargePoint(NYSE:CHPT) reported results for the fiscal second quarter ended July 31, 2025. Revenue reached $99 million, down 9% year-over-year but at the top end of guidance, with non-GAAP gross margin hitting 33%, a new company record. Management extended its timeline for non-GAAP adjusted EBITDA breakeven beyond this year, citing project delays, and chose to sustain R&D investment supporting new product launches and strategic partnerships.Non-GAAP gross margin reached 33%, an increase of three percentage points quarter-over-quarter and eight percentage points year-over-year, despite sequential growth in R&D spending related to both AC and DC product launches. Subscription gross margin hit 61% on a GAAP basis, highlighting scaling benefits as installed ports globally surpassed 363,000, with 123,000 located in Europe.This gross margin expansion, achieved despite tariff headwinds, signals strengthened operating leverage and validates ongoing structural cost management initiatives, enhancing resilience during uncertain infrastructure funding cycles.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool