CHPT

ChargePoint stock climbed more than 70% on Thursday after the electric vehicle charging company reported second-quarter fiscal 2027 results that beat Wall Street expectations on both revenue and earnings. The company reported revenue of $116.1 million for the quarter ended July 31, up 18% from $98.6 million a year earlier. Analysts had expected $105.2 million in revenue and a loss of 85 cents per share, according to CNBC. ChargePoint posted a loss of 35 cents per share on a GAAP basis. Gross margin improved to 36% from 31% a year earlier, the company said. Results included a one-time tariff refund of approximately $4.2 million, but ChargePoint said its normalized gross margin would have set a new record without that benefit. The non-GAAP adjusted EBITDA loss narrowed to $4.8 million from $22.1 million in the same quarter a year ago. GAAP net loss fell to $35.6 million from $66.2 million year-over-year. For the third fiscal quarter ending October 31, ChargePoint guided for revenue of $105 million to $115 million, the company said. President and Chief Executive Officer Rick Wilmer said the results reflected continued operational discipline. "The second quarter was an exceptional quarter for ChargePoint as we exceeded the high end of our guidance, delivered record non-GAAP gross margin, and managed our cash with extreme rigor," Wilmer said in a statement. Wilmer said the stock move was "the beginning of the momentum." He noted that ChargePoint has now posted year-over-year revenue growth in each of the past four quarters. "The growth is starting to accelerate," Wilmer said. "It'll be driven substantially by the new products and technology we're putting into the market." Unlike some EV charging companies, ChargePoint does not own or operate its chargers. Its business model centers on selling equipment, software, and services to businesses and other organizations that want to make charging available at their locations. The company is toward the end of a three-year plan focused on reducing cash burn. Wilmer said ChargePoint is nearing profitability on an EBITDA basis. "We're approaching that quickly, and we want to get there ASAP," he said. During the quarter, ChargePoint extended its partnership with Mercedes-Benz to provide charging solutions for fleet operators in the U.K. and Germany, and announced a new overhead fast charging deployment at Portland International Airport, the company said.

Interested in ChargePoint Holdings, Inc.? Here are five stocks we like better. ChargePoint exceeded its Q2 fiscal 2027 revenue guidance, reporting $116 million, up 18% year over year and marking its fourth consecutive quarter of annual growth. Networked charging systems rose 25%, while higher-margin AC products helped drive normalized gross margin to approximately 35%. Cost reductions and improved operating performance narrowed the non-GAAP adjusted EBITDA loss to $5 million from $19 million in the prior quarter. Cash remained at $96 million, inventory fell to $179 million, and management said positive cash flow could be achievable later this fiscal year. ChargePoint forecast Q3 revenue of $105 million to $115 million and is ramping its high-speed Express Solo DC charging platform, which management expects to become a significant revenue driver entering fiscal 2028. The company also continued expanding its managed charging network, which reached approximately 422,000 ports. ChargePoint's Comeback Story: Why This EV Stock Is Charging Up Again ChargePoint (NYSE:CHPT) reported second-quarter fiscal 2027 revenue of $116 million, exceeding its prior guidance range of $100 million to $110 million, as stronger hardware shipments and higher home charging sales lifted results. Revenue rose 14% sequentially and 18% from a year earlier, marking the company’s fourth consecutive quarter of year-over-year growth. Chief Executive Officer Rick Wilmer said the quarter included record gross margins and “essentially zero cash burn,” while the company began shipping early-access units of its Express Solo DC charging product. The quarter ended July 31, 2026. → AST SpaceMobile Is Down 54%—Can FCC Progress and BlueBirds Reverse the Slide? EVgo's 37% Revenue Growth: Forget the Car, Buy the Gas Station Networked Charging Systems revenue totaled $63 million, representing 54% of total revenue and rising 25% year over year. Subscription revenue was $44 million, or 38% of revenue, up 10% from the prior-year period. Other revenue accounted for $9 million. By billings vertical, commercial represented 69% of second-quarter billings, followed by fleet at 11%, residential at 10%, and other categories at 11%. North America contributed 82% of revenue, while Europe represented 18%. → Palo Alto’s Rally Has One Big Problem Ahead of Earnings ChargePoint Recalibrates: What’s Really Under the Hood Non-GAAP gross margin reached 38%, up seven percentage points sequentially and five points from a year ago. The result included about $4 million of tariff refunds recognized as a one-time reduction in cost of goods sold. Excluding that benefit, normalized non-GAAP gross margin was approximately 35%, still reflecting a three-percentage-point sequential improvement and a two-point year-over-year increase. Chief Financial Officer Mansi Khetani said higher revenue helped improve fixed-cost absorption, while warranty, inbound freight and warehousing costs also improved. Sales of higher-margin AC products contributed to the quarter’s margin performance. ChargePoint expects gross margins to remain generally near normalized levels for the remainder of the fiscal year, though product mix could cause some variation. → Securing AI: 5 Most-Upgraded Stocks From the Q2 Reporting Season Hardware gross margin was 21%, increasing 13 percentage points from the prior quarter. Subscription gross margin reached 59% on a GAAP basis. Non-GAAP operating expenses declined to $52 million from $54 million in the first quarter and were down 11% from a year earlier. Khetani said a company-wide cost optimization initiative completed in late July is expected to reduce quarterly non-GAAP operating expenses to below $50 million for the rest of the year. ChargePoint’s non-GAAP adjusted EBITDA loss narrowed to $5 million, compared with losses of $19 million in the previous quarter and $22 million in the year-earlier period. The company ended the quarter with $96 million in cash, unchanged from the first quarter. Inventory declined to $179 million from $204 million, releasing working capital that helped fund operations. Khetani said ChargePoint expects inventory to continue falling during the year, which could support cash generation. She said the company could be positioned to generate positive cash flow later in the year, though she noted that cash flow remains subject to multiple variables. For the third quarter of fiscal 2027, ChargePoint forecast revenue of $105 million to $115 million. The midpoint of that range would represent 4% year-over-year growth. Management said elevated North American home charging sales contributed to the second-quarter revenue beat but are not expected to recur in the third quarter, as those sales can be concentrated around large retail events. Wilmer said ChargePoint has started fulfilling backlog with early-access Express Solo units and expects production inventory to be available in its fiscal fourth quarter. The company said its Express architecture demonstrated charging above 600 kilowatts on a passenger vehicle, taking the vehicle from 10% to 80% charge in 11 minutes during a live demonstration at its headquarters. The company expects Express to become a significant revenue driver as it scales entering fiscal 2028. Wilmer said the platform is intended for applications including highway corridors, autonomous-vehicle fleet depots and high-utilization charging sites. He also said additional variants of the Express architecture targeting different market segments are expected to enter production over the next year and a half. ChargePoint said it has accounted for supply-chain conditions related to AI data-center construction, including higher memory prices and demand for silicon carbide modules. Wilmer said the company has supplier commitments that support the demand it currently expects. The company also highlighted its partnership with Eaton, which includes jointly engineered products and go-to-market efforts. During the quarter, ChargePoint and Eaton began a collaboration with Santa Monica Department of Transportation for the agency’s planned transition to a zero-emission Big Blue Bus fleet by 2032. The project calls for 130 DC fast-charging ports featuring ChargePoint’s Express Plus equipment, alongside Eaton electrical infrastructure and energy-management offerings. ChargePoint said software-only managed ports, which are third-party hardware ports managed through its software platform, increased to 138,750 from 135,000 in the prior quarter. Total managed ports rose to approximately 422,000 from 406,000, including more than 46,950 DC fast chargers and more than 150,000 ports in Europe. Monthly active users increased to 1.55 million from 1.48 million at the end of April. Globally, ChargePoint drivers had access to nearly 1.5 million public and private charging ports. During the quarter, ChargePoint cited expanded work with Mercedes-Benz for commercial fleet customers in the United Kingdom and Germany; an agreement with Optimus Energy Solutions to add more than 200 DC ports across the southeastern United States; and a planned deployment at 12 Onvo travel stops in the Northeast. The company also discussed airport, government and transit deployments, including charging infrastructure at Portland International Airport and additional fast-charging sites in Rhode Island. Wilmer said ChargePoint is increasing its emphasis on Europe and appointed John Saffert as executive vice president and managing director of Europe. The company also said artificial intelligence initiatives are automating business processes, improving customer support and doubling software-engineering productivity, according to management. ChargePoint (NYSE: CHPT) is a leading provider of electric vehicle (EV) charging solutions that designs, develops and markets charging hardware, software and services. The company's portfolio includes Level 2 AC charging stations for residential, commercial and fleet applications, as well as DC fast charging systems suited for retail, hospitality and public use. ChargePoint's integrated platform enables site hosts to manage charging infrastructure through cloud-based monitoring, analytics and billing tools, while EV drivers access and control charging sessions via a mobile app or RFID card. Since its founding in 2007 and headquarters in Campbell, California, ChargePoint has built one of the largest open EV charging networks in the world. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. The article "ChargePoint Q2 Earnings Call Highlights" was originally published by MarketBeat. View MarketBeat's top stocks for September 2026.

Revenue grew 18% year-over-year to $116 million, above the guidance range Subscription revenue grew 10% year-over-year to $44 million GAAP gross margin was 36% and non-GAAP gross margin was 38% Non-GAAP adjusted EBITDA loss was $4.8 million, an improvement from a loss of $22.1 million year-over-year CAMPBELL, Calif., September 02, 2026--(BUSINESS WIRE)--ChargePoint Holdings, Inc. (NYSE:CHPT) ("ChargePoint" or the "Company"), a global leader in intelligent electrification and e-mobility, today reported its financial results for the second quarter of fiscal year 2027, which ended July 31, 2026. "The second quarter was an exceptional quarter for ChargePoint as we exceeded the high end of our guidance, delivered record non-GAAP gross margin, and managed our cash with extreme rigor through continued operational discipline," said Rick Wilmer, President and Chief Executive Officer of ChargePoint. "In the quarter, we began early access shipments of Express Solo, continued expansion of our partnership with Eaton, and fortified our leadership team in Europe with the appointment of John Saffrett as Executive Vice President and Managing Director to lead our growth strategy and market expansion across the continent. As we enter the second half of the year, we remain focused on driving profitable growth through innovation, operational excellence, and disciplined execution against our strategic plan." Second Quarter Fiscal 2027 Financial Overview Revenue. Second quarter revenue was $116.1 million, up 18% from $98.6 million in the prior year’s same quarter. Networked charging systems revenue for the second quarter was $62.9 million, up 25% from $50.4 million in the prior year’s same quarter. Subscription revenue was $43.7 million, up 10% from $39.9 million in the prior year’s same quarter. Gross Margin. Second quarter GAAP gross margin was 36% as compared to 31% in the prior year's same quarter, and non-GAAP gross margin was 38% as compared to 33% in the prior year's same quarter. The current period GAAP and non-GAAP gross margins include a 4 percentage points benefit due to tariffs refunds. Operating Expenses. Second quarter GAAP operating expenses were $76.4 million, down 15% from $89.7 million in the prior year's same quarter. Non-GAAP operating expenses were $52.3 million, down 11% from $58.6 million in the prior year's same quarter. Net Income/Loss. Second quarter GAAP net loss was $35.6 million, down 46% from $66.2 million in the prior year's same quarter. Additionally, non-GAAP net loss was $9.2 million, down 72% from $33.0 million in the prior year's same quarter and non-GAAP adjusted EBITDA loss was $4.8 million, down 78% from $22.1 million in the prior year's same quarter. Liquidity. As of July 31, 2026, cash, cash equivalents and restricted cash on the balance sheet was $95.7 million. Shares Outstanding. As of July 31, 2026, ChargePoint had approximately 27 million shares of common stock outstanding. Business Highlights ChargePoint appointed automotive industry veteran John Saffrett as Executive Vice President and Managing Director for Europe, overseeing sales, customer relationships, partnerships, and market expansion across the continent. ChargePoint extended its long-standing partnership with Mercedes-Benz with a new agreement that provides Mercedes-Benz business customers with comprehensive charging solutions for fleet operators in the UK and Germany. ChargePoint announced agreements with Optimus Energy Solutions, a leading U.S.-based charge point operator, and Onvo, a Pennsylvania-based travel plaza brand, that will collectively add hundreds of new charging ports in the eastern U.S. ChargePoint and Portland International Airport announced a new overhead fast charging deployment featuring retractable cable management that eliminates the traditional trade-offs between space, cost, and equipment durability, delivering a blueprint for airports worldwide. Third Quarter of Fiscal 2027 Guidance For the third fiscal quarter ending October 31, 2026, ChargePoint expects revenue of $105 million to $115 million. Conference Call Information ChargePoint will host a conference call to review the Company’s financial results at 1:30 p.m. Pacific (4:30 p.m. Eastern time) today. A live webcast of the conference call will be available at https://events.q4inc.com/attendee/486534852. Participants can also access the conference call by dialing +1 (833) 461 5787 (North America) or +1 585 542 9983 (International) and entering Conference ID 486 534 852. A recording will be available after the conclusion of the webcast and archived for one year on ChargePoint’s investor relations website. A copy of the press release with the financial results will be also available on ChargePoint’s investor relations website prior to the commencement of the webcast. About ChargePoint Holdings, Inc. ChargePoint has established itself as a global leader in intelligent electrification and e-mobility since its inception in 2007, long before EVs became widely available. The company provides comprehensive solutions tailored to the entire EV ecosystem, from the grid to the dashboard of the vehicle. The company serves EV drivers, charging station owners, vehicle manufacturers, and similar types of stakeholders. With a commitment to accessibility and reliability, ChargePoint’s extensive portfolio of software, hardware, and services ensures a seamless charging experience for drivers across North America and Europe. ChargePoint empowers every driver in need of charging access, connecting them to almost 1.5 million public and private charging ports worldwide. ChargePoint has facilitated the powering of more than 25 billion electric miles, underscoring its dedication to reducing greenhouse gas emissions and electrifying the future of transportation. For further information, please visit the ChargePoint pressroom or the ChargePoint Investor Relations site. For media inquiries, contact the ChargePoint press office. Forward-Looking Statements This press release contains forward-looking statements that involve risks, uncertainties, and assumptions including statements regarding our projected revenue for the third quarter of fiscal year 2027. There are a significant number of factors that could cause actual results to differ materially from the statements made in this press release, including: macroeconomic trends, such as changes in or sustained inflation, interest rate volatility, increased tariffs or other events beyond our control on the overall economy which may reduce demand for our products and services; geopolitical events and conflicts; adverse impacts to our business and those of our customers and suppliers, including due to supply chain disruptions, component shortages, and associated logistics expense increases; our ability as an organization to successfully acquire, integrate or partner with other companies, products or technologies in a successful manner such as our partnership efforts with Eaton Corporation; our dependence on widespread acceptance and adoption of EVs, including any delays or modifications to auto manufacturers' plans and strategies to transition to predominately manufacture EVs and any corresponding decreased demand for installation of charging stations; our current dependence on sales of charging stations for the majority of our revenues; overall demand for EV charging and the potential for reduced demand for EVs if governmental policies, rebates, tax credits and other financial incentives are reduced, modified or eliminated or governmental mandates to increase the use of EVs or decrease the use of vehicles powered by fossil fuels, either directly or indirectly through mandated limits on carbon emissions, are reduced, modified or eliminated; our ability, and our reliance on our customers, to successfully implement, construct and manage state, federal and local charging infrastructure programs in accordance with the respective terms of such program in order to validly secure and obtain awarded funding and win additional grant opportunities; our reliance on contract manufacturers, including those located outside the United States, may result in supply chain interruptions, delays and expense increases which may adversely affect our sales, revenue and gross margins; our ability to expand our operations and market share in Europe; the need to attract additional fleet operators as customers, especially autonomous EV fleets; potential adverse effects on our revenue and gross margins due to delays and costs associated with new product introductions, such as our new AC and Express DC fast charging product architectures, inventory obsolescence, component shortages and related expense increases; the ability or success of our new AC and Express DC fast charging product architectures to result in an increased demand for charging products by commercial, residential and fleet charging customers; adverse impact to our revenues and gross margins if customers increasingly claim clean energy credits and, as a result, they are no longer available to be claimed by us; the effects of competition; risks related to our dependence on our intellectual property; and the risk that our technology could have undetected defects or errors. Additional risks and uncertainties that could affect our financial results are included under the captions "Risk Factors" and "Management’s Discussion and Analysis of Financial Condition and Results of Operations" in our Form 10-Q filed with the Securities and Exchange Commission (the "SEC") on June 8, 2026, which is available on our website at investors.chargepoint.com and on the SEC’s website at www.sec.gov. Additional information will also be set forth in other filings that we make with the SEC from time to time. All forward-looking statements in this press release are based on information available to us as of the date hereof, and we do not assume any obligation to update the forward-looking statements provided to reflect events that occur or circumstances that exist after the date on which they were made, except as required by applicable law. Use of Non-GAAP Financial Measures ChargePoint has provided financial information in this press release that has not been prepared in accordance with generally accepted accounting principles in the United States ("GAAP"). ChargePoint uses these non-GAAP financial measures internally in analyzing its financial results. ChargePoint believes that the use of these non-GAAP financial measures is useful to investors to evaluate ongoing operating results and trends and believes they provide meaningful supplemental information to investors regarding ChargePoint’s underlying operating performance because they exclude items ChargePoint believes are unrelated to, and may not be indicative of, its core operating results. The presentation of these non-GAAP financial measures is not meant to be considered in isolation or as a substitute for comparable GAAP financial measures and should be read only in conjunction with ChargePoint’s condensed consolidated financial statements prepared in accordance with GAAP. A reconciliation of ChargePoint’s historical non-GAAP financial measures to their most directly comparable GAAP measures has been provided in the financial statement tables included in this press release, and investors are encouraged to review these reconciliations. Non-GAAP Gross Profit (Gross Margin). ChargePoint defines non-GAAP gross profit as gross profit excluding stock-based compensation expense, amortization expense of acquired intangible assets and restructuring costs for severances and employment-related termination costs, and facility and other contract termination costs. Non-GAAP gross margin is non-GAAP gross profit as a percentage of revenue. Non-GAAP Cost of Revenue and Operating Expenses (includes Non-GAAP research and development, Non-GAAP sales and marketing and Non-GAAP general and administrative). ChargePoint defines non-GAAP cost of revenue and operating expenses as cost of revenue and operating expenses excluding stock-based compensation expense, amortization expense of acquired intangible assets, restructuring costs for severances and employment-related termination costs, and facility and other contract termination costs, and non-cash charges related to tax liabilities, litigation settlements and other non-recurring transaction costs, including associated non-recurring legal expenses and professional service fees. Non-GAAP Net Loss. ChargePoint defines non-GAAP net loss as net loss excluding stock-based compensation expense, amortization expense of acquired intangible assets, restructuring costs for severances and employment-related termination costs, and facility and other contract termination costs, and non-cash charges related to tax liabilities, litigation settlements and other non-recurring transaction costs, including associated non-recurring legal expenses and professional service fees. These amounts reflect the impact of any related tax effects. Non-GAAP pre-tax net loss is non-GAAP net loss adjusted for provision for income taxes. Non-GAAP Adjusted EBITDA Loss. ChargePoint defines non-GAAP adjusted EBITDA loss as net loss excluding stock-based compensation expense, amortization expense of acquired intangible assets, restructuring costs for severances and employment-related termination costs, and facility and other contract termination costs, non-cash charges related to tax liabilities, litigation settlements and other non-recurring transaction costs, including associated non-recurring legal expenses and professional service fees, and further adjusted for provision of income taxes, depreciation, interest income and expense, and other income and (expense), net. Investors are cautioned that there are a number of limitations associated with the use of non-GAAP financial measures to analyze financial results and trends. In particular, many of the adjustments to ChargePoint’s GAAP financial measures reflect the exclusion of items that are recurring and will be reflected in its financial results for the foreseeable future, such as stock-based compensation, which is an important part of ChargePoint’s employees’ compensation and impacts hiring, retention and performance. Furthermore, these non-GAAP financial measures are not based on any standardized methodology prescribed by GAAP, and the components that ChargePoint excludes in its calculation of non-GAAP financial measures may differ from the components that other companies exclude when they report their non-GAAP results. In the future, ChargePoint may also exclude other expenses it determines do not reflect the performance of ChargePoint’s operating results. CHPT-IR View source version on businesswire.com: https://www.businesswire.com/news/home/20260902204306/en/ Contacts Investor Relations Audrey DionHead of Investor [email protected] Press AJ GosselinDirector, Corporate [email protected] [email protected]

EV charging solutions provider ChargePoint Holdings (NYSE:CHPT) will be announcing earnings results this Wednesday after the bell. Here’s what to look for. ChargePoint beat analysts’ revenue expectations last quarter, reporting revenues of $101.8 million, up 4.3% year on year. It was a very strong quarter for the company, with a beat of analysts’ EPS estimates and revenue guidance for next quarter topping analysts’ expectations. Is ChargePoint a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members. This quarter, the market is expecting ChargePoint’s revenue to grow 6.7% year on year, a reversal from the 9.2% decrease it recorded in the same quarter last year. Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business will stay the course heading into earnings. ChargePoint has missed Wall Street’s revenue estimates multiple times over the last two years. Looking at ChargePoint’s peers in the renewable energy segment, some have already reported their Q2 results, giving us a hint as to what we can expect. Bloom Energy delivered year-on-year revenue growth of 166%, beating analysts’ expectations by 27.7%, and Sunrun reported revenues up 52.8%, topping estimates by 19.2%. Bloom Energy traded down 1.9% following the results while Sunrun was also down 10.6%. Read our full analysis of Bloom Energy’s results here and Sunrun’s results here. Over the past year, investors have repeatedly shifted their focus from one macro narrative to another (AI disruption and AI capex spending to geopolitics, interest rates, and the broader health of the economy). While some of the renewable energy stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 4.8% on average over the last month. ChargePoint’s stock price was unchanged during the same time and is heading into earnings with an average analyst price target of $6.90 (compared to the current share price of $5.56). ONE MORE THING: 3 Hidden Platforms Growing 3X Faster than Amazon, Google, and PayPal. Amazon, Google, and Meta all followed the same playbook: Dominate an ignored market. Build an unbeatable moat. Scale until you’re unstoppable. These three platforms are running that exact playbook right now. The early investors in Amazon made fortunes. The early investors in these could do the same. Get All 3 Stocks Here for FREE.

CAMPBELL, Calif., August 19, 2026--(BUSINESS WIRE)--ChargePoint Holdings, Inc. (NYSE: CHPT) ("ChargePoint" or the "Company"), a leading provider of EV charging solutions, today announced it will release financial results for the second quarter of fiscal year 2027, which ended July 31, 2026, on September 2, 2026. ChargePoint will host a conference call to review the Company’s financial results at 1:30 p.m. Pacific time (4:30 p.m. Eastern time) on the same day. A live webcast of the conference call will be available at https://events.q4inc.com/attendee/486534852. Participants can also access the conference call by dialing +1 833 461 5787 (North America) or +1 585 542 9983 (International) and entering Conference ID 486 534 852. A recording will be available after the conclusion of the webcast and archived for one year on ChargePoint’s investor relations website. A copy of the press release with the financial results will also be available on ChargePoint’s investor relations website prior to the commencement of the webcast. About ChargePoint Holdings, Inc. ChargePoint has established itself as the leader in electric vehicle (EV) charging innovation since its inception in 2007, long before EVs became widely available. The company provides comprehensive solutions tailored to the entire EV ecosystem, from the grid to the dashboard of the vehicle. The company serves EV drivers, charging station owners, vehicle manufacturers, and similar types of stakeholders. With a commitment to accessibility and reliability, ChargePoint’s extensive portfolio of software, hardware, and services ensures a seamless charging experience for drivers across North America and Europe. ChargePoint empowers every driver in need of charging access, connecting them to over 1.4 million public and private charging ports worldwide. ChargePoint has facilitated the powering of more than 21 billion electric miles, underscoring its dedication to reducing greenhouse gas emissions and electrifying the future of transportation. For further information, please visit the ChargePoint pressroom or the ChargePoint Investor Relations site. For media inquiries, contact the ChargePoint press office. CHPT-IR View source version on businesswire.com: https://www.businesswire.com/news/home/20260819365670/en/ Contacts Investor Relations Audrey DionHead of Investor [email protected] Press John Paolo CantonVice President, Global [email protected] AJ GosselinDirector, Corporate [email protected] [email protected]

Atmus Filtration Technologies (ATMU) came out with quarterly earnings of $0.82 per share, beating the Zacks Consensus Estimate of $0.79 per share. This compares to earnings of $0.75 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +3.80%. A quarter ago, it was expected that this industrial filtration product company would post earnings of $0.65 per share when it actually produced earnings of $0.69, delivering a surprise of +6.15%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. Atmus Filtration, which belongs to the Zacks Automotive - Original Equipment industry, posted revenues of $527.9 million for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 3.41%. This compares to year-ago revenues of $453.5 million. The company has topped consensus revenue estimates three times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Atmus Filtration shares have added about 5% since the beginning of the year versus the S&P 500's gain of 12.6%. While Atmus Filtration has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Atmus Filtration was favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #2 (Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.77 on $511.55 million in revenues for the coming quarter and $2.97 on $2.01 billion in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Automotive - Original Equipment is currently in the bottom 31% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. ChargePoint Holdings, Inc. (CHPT), another stock in the same industry, has yet to report results for the quarter ended July 2026. This company is expected to post quarterly loss of $0.80 per share in its upcoming report, which represents a year-over-year change of +43.7%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. ChargePoint Holdings, Inc.'s revenues are expected to be $104.38 million, up 5.9% from the year-ago quarter. 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 Atmus Filtration Technologies Inc. (ATMU) : Free Stock Analysis Report ChargePoint Holdings, Inc. (CHPT) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

The end of the earnings season is always a good time to take a step back and see who shined (and who didn’t). Let’s take a look at how renewable energy stocks fared in Q1, starting with ChargePoint (NYSE:CHPT). Renewable energy companies are buoyed by the secular trend of green energy that is upending traditional power generation. Those who innovate and evolve with this dynamic market can win share while those who continue to rely on legacy technologies can see diminishing demand, which includes headwinds from increasing regulation against “dirty” energy. Additionally, these companies are at the whim of economic cycles, as interest rates can impact the willingness to invest in renewable energy projects. The 17 renewable energy stocks we track reported a strong Q1. As a group, revenues beat analysts’ consensus estimates by 5.7% while next quarter’s revenue guidance was in line. Thankfully, share prices of the companies have been resilient as they are up 9.5% on average since the latest earnings results. The most prominent EV charging company during the COVID bull market, ChargePoint (NYSE:CHPT) is a provider of electric vehicle charging technology solutions in North America and Europe. ChargePoint reported revenues of $101.8 million, up 4.3% year on year. This print exceeded analysts’ expectations by 6%. Overall, it was a very strong quarter for the company with a beat of analysts’ EPS and adjusted operating income estimates. Investor expectations, however, were likely higher than Wall Street’s published projections, leaving some wishing for even better results (analysts’ consensus estimates are those published by big banks and advisory firms, not the investors who make buy and sell decisions). The stock is down 25% since reporting and currently trades at $5.71. We think ChargePoint is a good business, but is it a buy today? Read our full report here, it’s free. Working in stealth mode for eight years, Bloom Energy (NYSE:BE) designs, manufactures, and markets solid oxide fuel cell systems for on-site power generation. Bloom Energy reported revenues of $751.1 million, up 130% year on year, outperforming analysts’ expectations by 42%. The business had an incredible quarter with a beat of analysts’ EPS and EBITDA estimates. Bloom Energy delivered the biggest analyst estimate beat, fastest revenue growth, and highest full-year guidance raise among its peers. The market seems happy with the results as the stock is up 52.3% since reporting. It currently trades at $344.73. Is now the time to buy Bloom Energy? Access our full analysis of the earnings results here, it’s free. Founded in 1969, FuelCell Energy (NASDAQ: FCEL) is a leading manufacturer and developer of carbonate fuel cell technology for stationary power generation. FuelCell Energy reported revenues of $35.59 million, down 4.9% year on year, falling short of analysts’ expectations by 12.6%. It was a disappointing quarter as it posted a significant miss of analysts’ adjusted operating income estimates. Interestingly, the stock is up 28.1% since the results and currently trades at $22.19. Read our full analysis of FuelCell Energy’s results here. Created through a settlement between NRG Energy and the California Public Utilities Commission, EVgo (NASDAQ:EVGO) is a provider of electric vehicle charging solutions, operating fast charging stations across the United States. EVgo reported revenues of $109.5 million, up 45.5% year on year. This result surpassed analysts’ expectations by 22.9%. It was a very strong quarter as it also logged a beat of analysts’ EPS and EBITDA estimates. The stock is down 16.1% since reporting and currently trades at $1.82. Read our full, actionable report on EVgo here, it’s free. 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Our analysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here. Achieved third consecutive quarter of year-over-year revenue growth, signaling a transition from operational stabilization to durable growth. Maintained a capital-light business model where customers own the assets while ChargePoint provides the technology platform, ensuring high scalability with low capital intensity. Attributed performance gains to pricing discipline and operational efficiency, with gross margins expected to reach record levels as new products enter the market. Leveraged AI across software development and customer support to accelerate innovation cycles and reduce operating expenses without increasing headcount. Identified a widening cost advantage for EVs over internal combustion vehicles and increasing price parity in the used car market as primary demand drivers. Strengthened strategic positioning through a partnership with Eaton, expanding reach into new customer segments and accelerating next-generation AC and DC solution adoption. Anticipates a step-function increase in gross margins next year as high-volume production of new, lower-cost products like Xpress Solo begins. Expects operating expenses to continue declining in the second half of the year as engineering efforts for new product introductions taper and prototyping costs normalize. Projects a material reduction in cash usage through the remainder of the year, with the potential to generate positive operating cash flow as inventory is liquidated. Assumes sustained momentum in Europe and North America driven by the launch of the Xpress Solo, the company's first DC product designed for European requirements. Focuses on scaling the 'software-only managed ports' segment to drive recurring revenue and improve overall business model efficiency. Recorded $20 million in nonrecurring cash payments in Q1, including the final settlement related to a debt transaction announced in November. Implemented a strategic decision to use existing inventory for field repairs rather than building new parts to accelerate inventory reduction ahead of new product launches. Flagged pricing pressure on memory components due to global data center build-outs, though management believes this can be offset by cost reductions in other product areas. Reported a decrease in stock-based compensation to $11 million from $18 million year-over-year as part of broader cost-containment efforts. One stock. Nvidia-level potential. 30M+ investors trust Moby to find it first. Get the pick. Tap here. Management highlighted an air-cooled thermal management system that avoids the cost and failure points of liquid cooling while maintaining a 10-year lifespan. The architecture separates AC-to-DC and DC-to-DC conversion, allowing for modular scaling and the ability to deliver up to 1.8 MW by linking units. The product achieves 40% higher power density than competitors, delivering 600 kW in a footprint smaller than current 400 kW chargers. Inventory decreased to $204 million from $215 million, with further reductions expected as pre-commitments with contract manufacturers are fulfilled. To mitigate the risk of stranded inventory, the company is using current stock for field replacements instead of refurbishing units to clear the way for new product ramps. R&D costs are expected to trend downward in the second half of the year as major engineering milestones for new products are completed. Management explicitly noted that AI is providing measurable efficiency gains in software delivery, allowing for revenue scaling without a corresponding increase in R&D headcount.

This article first appeared on GuruFocus. Revenue: $102 million, above guidance range, up 4% year-on-year. Network Charging Systems Revenue: $53 million, 52% of total revenue, up 2% year-on-year. Subscription Revenue: $41 million, 40% of total revenue, up 7% year-on-year. Other Revenue: $8 million, 8% of total revenue. Non-GAAP Gross Margin: 32%, up 1 percentage point year-on-year. Non-GAAP Operating Expenses: $54 million, down from $58 million in Q4, 4% decrease year-on-year. Non-GAAP Adjusted EBITDA Loss: $19 million, compared to $23 million loss in the previous year. Cash Balance: $96 million at the end of the quarter. Inventory Balance: Reduced to $204 million from $215 million in the prior quarter. Guidance for Q2 Fiscal 2027 Revenue: $100 million to $110 million, representing 7% year-on-year growth at the midpoint. Warning! GuruFocus has detected 6 Warning Signs with CHPT. Is CHPT fairly valued? Test your thesis with our free DCF calculator. Release Date: June 03, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. ChargePoint Holdings Inc (NYSE:CHPT) reported Q1 revenue of $102 million, exceeding the top end of their guidance range and marking the third consecutive quarter of year-over-year growth. The company maintained strong non-GAAP gross margins at 32%, driven by pricing discipline and operational efficiency. ChargePoint Holdings Inc (NYSE:CHPT) is advancing its hardware, software, AI, and partnership initiatives, which are expected to define the next phase of the company's growth. The introduction of Express Solo, the world's fastest stand-alone DC charger, is expected to drive future growth due to its high power density and compact design. ChargePoint Holdings Inc (NYSE:CHPT) is leveraging AI across various areas, including software development and customer support, to improve operational efficiency and enhance customer-facing software capabilities. Subscription margins declined to 56% on a GAAP basis due to lower subscription revenue and the decision to use existing inventory for repairs. The company reported a non-GAAP adjusted EBITDA loss of $19 million, although this was an improvement from the previous year's loss. ChargePoint Holdings Inc (NYSE:CHPT) ended the quarter with $96 million in cash, with Q1 being the quarter with the highest cash usage due to large annual payments and nonrecurring cash payments. There is pressure on memory supply due to data center build-outs, leading to increased pricing that needs to be offset by reductions in other product areas. The company faces competitive market dynamics, particularly in the DC fast charger segment, although they believe their product offerings are superior. Q: Can you discuss the product roadmap, particularly regarding autonomous mobile robots and solid-state transformers, and how the relationship with Eaton might influence this? A: Richard Wilmer, CEO, explained that ChargePoint is focused on understanding the unique charging requirements for autonomous vehicles and has specific developments underway. Regarding solid-state transformers, there are active opportunities, and more news will be shared in the future. The Express Solo is the first iteration of a product with multiple derivatives planned over the next 18 months. Q: How should we think about the cadence of inventory reduction moving forward? A: Mansi Khetani, CFO, noted that inventory reduced from $215 million to $204 million in Q4. This reduction is expected to continue as pre-commitments with contract manufacturers are fulfilled, leading to further inventory decreases throughout the year. Q: What is the outlook for supply chain management, especially with redesigned products targeting lower-cost components? A: Richard Wilmer, CEO, stated that the supply chain looks favorable, with new products designed for low cost. However, there is pressure on memory pricing due to data center build-outs, which ChargePoint is managing by offsetting costs in other product areas. Q: Can you elaborate on the potential for sustaining revenue growth beyond the first half of the year? A: Richard Wilmer, CEO, highlighted that growth is driven by high gas prices, increased availability of used EVs, and strong European market dynamics. The production of the Express product in the second half of the year is expected to drive growth in both Europe and North America. Q: How will ChargePoint manage efforts to expand its product set while maintaining cost efficiency? A: Richard Wilmer, CEO, mentioned that the Express Solo is the first DC product for Europe, with early access units already committed. In North America, there is demand from existing customers and opportunities to capture new ones due to the product's differentiation. For the complete transcript of the earnings call, please refer to the full earnings call transcript.

Revenue grew 4% year-over-year to $102 million, above the guidance range Subscription revenue grew 7% year-over-year to $41 million GAAP gross margin was 29% and non-GAAP gross margin was 32% ChargePoint launched Express Solo, the world’s fastest standalone EV charger for mass-market passenger EVs CAMPBELL, Calif., June 03, 2026--(BUSINESS WIRE)--ChargePoint Holdings, Inc. (NYSE:CHPT) ("ChargePoint" or the "Company"), a leading provider of electric vehicle (EV) charging solutions, today reported its financial results for the first quarter of fiscal year 2027, which ended April 30, 2026. "Q1 was a strong start to the year for ChargePoint, as we exceeded the high end of our guidance, delivered a third consecutive quarter of year-over-year growth, and maintained strong margins with continued cost discipline," said Rick Wilmer, President and Chief Executive Officer. "ChargePoint is entering the year focused on accelerating growth, driven by innovation like the new Express Solo, the world’s fastest standalone EV charger. We’ve also strengthened our leadership team with the addition of Jyothi Swaroop as Chief Marketing and Growth Officer, positioning us to fully capitalize on this momentum and the innovation ahead." First Quarter Fiscal 2027 Financial Overview Revenue. First quarter revenue was $101.8 million, up 4% from $97.6 million in the prior year’s same quarter. Networked charging systems revenue for the first quarter was $53.3 million, up 2% from $52.1 million in the prior year’s same quarter. Subscription revenue was $40.8 million, up 7% from $38.0 million in the prior year’s same quarter. Gross Margin. First quarter GAAP gross margin was 29% as compared to 29% in the prior year's same quarter, and non-GAAP gross margin was 32% as compared to 31% in the prior year's same quarter. Operating Expenses. First quarter GAAP operating expenses were $76.8 million, down 6% from $81.8 million in the prior year's same quarter. Non-GAAP operating expenses were $54.4 million, down 4% from $56.7 million in the prior year's same quarter. Net Income/Loss. First quarter GAAP net loss was $43.2 million, down 24% from $57.1 million in the prior year's same quarter. Additionally, non-GAAP net loss was $18.3 million, down 39% from $30.0 million in the prior year's same quarter and non-GAAP adjusted EBITDA loss was $19.2 million, down 16% from $22.8 million in the prior year's same quarter. Liquidity. As of April 30, 2026, cash and cash equivalents on the balance sheet was $95.8 million. Shares Outstanding. As of April 30, 2026, ChargePoint had approximately 26 million shares of common stock outstanding. Business Highlights ChargePoint launched Express Solo, the world’s fastest standalone EV charger for mass-market passenger EVs, capable of delivering up to 600 kW charging speed to a single port. ChargePoint appointed Jyothi Swaroop as Chief Marketing and Growth Officer, leading global go-to-market strategy, including marketing, go-to-market operations, sales enablement, growth initiatives, partner monetization, and new market expansion. ChargePoint and OBE Power, a leading a charge point owner, partnered to deploy approximately 2,500 charging ports at multifamily residences, starting this year. ChargePoint secured one of its largest transit fleet order to-date, delivering DC fast charging solutions to support Santa Monica’s Big Blue Bus fleet of e-buses, as part of the transit agency’s goal of total electrification by 2032. Second Quarter of Fiscal 2027 Guidance For the second fiscal quarter ending July 31, 2026, ChargePoint expects revenue of $100 million to $110 million. Conference Call Information ChargePoint will host a conference call to review the Company’s financial results at 1:30 p.m. Pacific (4:30 p.m. Eastern time) today. A live webcast of the conference call will be available at https://events.q4inc.com/attendee/642160823. Participants can also access the conference call by dialing +1 (833) 461 5787 (North America) and entering Conference ID 642160823. For international dial-in information, please visit: https://help.events.q4inc.com/eahc/international-dial-in-numbers. A recording will be available after the conclusion of the webcast and archived for one year on ChargePoint’s investor relations website. A copy of the press release with the financial results will be also available on ChargePoint’s investor relations website prior to the commencement of the webcast. About ChargePoint ChargePoint has established itself as the leader in electric vehicle (EV) charging innovation since its inception in 2007, long before EVs became widely available. The company provides comprehensive solutions tailored to the entire EV ecosystem, from the grid to the dashboard of the vehicle. The company serves EV drivers, charging station owners, vehicle manufacturers, and similar types of stakeholders. With a commitment to accessibility and reliability, ChargePoint’s extensive portfolio of software, hardware, and services ensures a seamless charging experience for drivers across North America and Europe. ChargePoint empowers every driver in need of charging access, connecting them to over 1.4 million public and private charging ports worldwide. ChargePoint has facilitated the powering of more than 21 billion electric miles, underscoring its dedication to reducing greenhouse gas emissions and electrifying the future of transportation. For further information, please visit the ChargePoint pressroom or the ChargePoint Investor Relations site. For media inquiries, contact the ChargePoint press office. Forward-Looking Statements This press release contains forward-looking statements that involve risks, uncertainties, and assumptions including statements regarding our projected revenue for the second quarter of fiscal year 2027. There are a significant number of factors that could cause actual results to differ materially from the statements made in this press release, including: macroeconomic trends including changes in or sustained inflation, interest rate volatility, increased tariffs or other events beyond our control on the overall economy which may reduce demand for our products and services; geopolitical events and conflicts; adverse impacts to our business and those of our customers and suppliers, including due to supply chain disruptions, component shortages, and associated logistics expense increases; our ability as an organization to successfully acquire, integrate or partner with other companies, products or technologies in a successful manner such as our partnership efforts with Eaton Corporation; our dependence on widespread acceptance and adoption of EVs, including any delays or modifications to auto manufacturers' plans and strategies to transition to predominately manufacture EVs and any corresponding decreased demand for installation of charging stations; our current dependence on sales of charging stations for the majority of our revenues; overall demand for EV charging and the potential for reduced demand for EVs if governmental policies, rebates, tax credits and other financial incentives are reduced, modified or eliminated or governmental mandates to increase the use of EVs or decrease the use of vehicles powered by fossil fuels, either directly or indirectly through mandated limits on carbon emissions, are reduced, modified or eliminated; our ability, and our reliance on our customers, to successfully implement, construct and manage state, federal and local charging infrastructure programs in accordance with the respective terms of such program in order to validly secure and obtain awarded funding and win additional grant opportunities; our reliance on contract manufacturers, including those located outside the United States, may result in supply chain interruptions, delays and expense increases which may adversely affect our sales, revenue and gross margins; our ability to expand our operations and market share in Europe; the need to attract additional fleet operators as customers; potential adverse effects on our revenue and gross margins due to delays and costs associated with new product introductions, such as our new AC and Express DC fast charging product architectures, inventory obsolescence, component shortages and related expense increases; the ability or success of our new AC and Express DC fast charging product architectures to result in an increased demand for charging products by commercial, residential and fleet charging customers; adverse impact to our revenues and gross margins if customers increasingly claim clean energy credits and, as a result, they are no longer available to be claimed by us; the effects of competition; risks related to our dependence on our intellectual property; and the risk that our technology could have undetected defects or errors. Additional risks and uncertainties that could affect our financial results are included under the captions "Risk Factors" and "Management’s Discussion and Analysis of Financial Condition and Results of Operations" in our Form 10-K filed with the Securities and Exchange Commission (the "SEC") on April 2, 2026, which is available on our website at investors.chargepoint.com and on the SEC’s website at www.sec.gov. Additional information will also be set forth in other filings that we make with the SEC from time to time. All forward-looking statements in this press release are based on information available to us as of the date hereof, and we do not assume any obligation to update the forward-looking statements provided to reflect events that occur or circumstances that exist after the date on which they were made, except as required by applicable law. Use of Non-GAAP Financial Measures ChargePoint has provided financial information in this press release that has not been prepared in accordance with generally accepted accounting principles in the United States ("GAAP"). ChargePoint uses these non-GAAP financial measures internally in analyzing its financial results. ChargePoint believes that the use of these non-GAAP financial measures is useful to investors to evaluate ongoing operating results and trends and believes they provide meaningful supplemental information to investors regarding ChargePoint’s underlying operating performance because they exclude items ChargePoint believes are unrelated to, and may not be indicative of, its core operating results. The presentation of these non-GAAP financial measures is not meant to be considered in isolation or as a substitute for comparable GAAP financial measures and should be read only in conjunction with ChargePoint’s condensed consolidated financial statements prepared in accordance with GAAP. A reconciliation of ChargePoint’s historical non-GAAP financial measures to their most directly comparable GAAP measures has been provided in the financial statement tables included in this press release, and investors are encouraged to review these reconciliations. Non-GAAP Gross Profit (Gross Margin). ChargePoint defines non-GAAP gross profit as gross profit excluding stock-based compensation expense, amortization expense of acquired intangible assets and restructuring costs for severances and employment-related termination costs, and facility and other contract termination costs. Non-GAAP gross margin is non-GAAP gross profit as a percentage of revenue. Non-GAAP Cost of Revenue and Operating Expenses (includes Non-GAAP research and development, Non-GAAP sales and marketing and Non-GAAP general and administrative). ChargePoint defines non-GAAP cost of revenue and operating expenses as cost of revenue and operating expenses excluding stock-based compensation expense, amortization expense of acquired intangible assets, restructuring costs for severances and employment-related termination costs, and facility and other contract termination costs, and non-cash charges related to tax liabilities, litigation settlements and other non-recurring transaction costs, including associated non-recurring legal expenses and professional service fees. Non-GAAP Net Loss. ChargePoint defines non-GAAP net loss as net loss excluding stock-based compensation expense, amortization expense of acquired intangible assets, restructuring costs for severances and employment-related termination costs, and facility and other contract termination costs, and non-cash charges related to tax liabilities, litigation settlements and other non-recurring transaction costs, including associated non-recurring legal expenses and professional service fees. These amounts reflect the impact of any related tax effects. Non-GAAP pre-tax net loss is non-GAAP net loss adjusted for provision for income taxes. Non-GAAP Adjusted EBITDA Loss. ChargePoint defines non-GAAP adjusted EBITDA loss as net loss excluding stock-based compensation expense, amortization expense of acquired intangible assets, restructuring costs for severances and employment-related termination costs, and facility and other contract termination costs, non-cash charges related to tax liabilities, litigation settlements and other non-recurring transaction costs, including associated non-recurring legal expenses and professional service fees, and further adjusted for provision of income taxes, depreciation, interest income and expense, and other income and expense (net). Investors are cautioned that there are a number of limitations associated with the use of non-GAAP financial measures to analyze financial results and trends. In particular, many of the adjustments to ChargePoint’s GAAP financial measures reflect the exclusion of items that are recurring and will be reflected in its financial results for the foreseeable future, such as stock-based compensation, which is an important part of ChargePoint’s employees’ compensation and impacts hiring, retention and performance. Furthermore, these non-GAAP financial measures are not based on any standardized methodology prescribed by GAAP, and the components that ChargePoint excludes in its calculation of non-GAAP financial measures may differ from the components that other companies exclude when they report their non-GAAP results. In the future, ChargePoint may also exclude other expenses it determines do not reflect the performance of ChargePoint’s operating results. CHPT-IR View source version on businesswire.com: https://www.businesswire.com/news/home/20260603313670/en/ Contacts Investor Relations Audrey DionHead of Investor [email protected] Press John Paolo CantonVice President, [email protected] AJ GosselinDirector, Corporate [email protected] [email protected]