ChargePoint 2026 Q2 Earnings Narrower Losses Amid Revenue Decline

ChargePoint (CHPT) reported fiscal Q2 2026 earnings on September 8, 2025. The company narrowly missed revenue expectations with a year-over-year decline but showed improvement in its net loss, signaling early progress toward financial stabilization.

Revenue for the second quarter of 2026 fell 10.0% to $90.32 million, reflecting a challenging market environment. Networked Charging Systems remained the largest contributor, generating $50.42 million in revenue, while Subscriptions brought in $39.90 million. Additional revenue of $8.27 million came from other segments, bringing total reported revenue to $98.59 million, which appears to include possible data duplication.

The company improved its earnings performance, narrowing the net loss to $-66.18 million in 2026 Q2, a 3.9% reduction from $-68.87 million in the prior year. On a per-share basis, ChargePoint reduced its loss to $2.85, representing an 11.5% improvement compared to a $3.22 loss per share in 2025 Q2. While still unprofitable, the reduction in losses indicates some early progress in cost management and operational efficiency. This narrowing of losses is a positive signal for investors, though profitability remains distant.

Following the earnings release, ChargePoint’s stock exhibited mixed short-term performance. The share price rose 6.16% on the day of the report, but dipped 3.73% over the prior full trading week. Month-to-date, the stock has gained 9.05%, suggesting some investor confidence in the company’s longer-term trajectory.

In the post-earnings review, ChargePoint’s CEO Patrick Grady highlighted the company's progress in expanding its charging network and enhancing customer experience. Grady noted growth drivers such as increased EV adoption and strategic partnerships, while acknowledging ongoing challenges from macroeconomic conditions and supply chain issues. He expressed confidence in the EV market’s long-term potential and emphasized the company’s focus on innovation and operational efficiency. ChargePoint also outlined continued investment in charging infrastructure and software development as key priorities for future growth, reaffirming its strategic direction.

ChargePoint provided forward-looking guidance, emphasizing its commitment to expanding charging infrastructure and improving profitability through strategic investments. While the company did not disclose specific financial targets for 2026 Q2, it reiterated its goal of growing revenue through fleet adoption and public charging solutions, aligning with broader industry trends toward electrification.

No significant non-earnings related news was reported within three weeks of September 8, 2025. ChargePoint did not announce any major mergers, acquisitions, or C-level executive changes during this period. Additionally, the company did not disclose any new dividend policies, stock buyback programs, or other corporate actions typically associated with strategic capital management. The absence of these announcements suggests the company is currently focused on operational improvements and market expansion rather than large-scale financial restructuring or executive overhauls.