ChargePoint Holdings, Inc. CHPT
ChargePoint Holdings, Inc. ("ChargePoint" or the "Company") is a leading provider of electric vehicle ("EV") charging technology solutions to customers that want to offer EV charging, driving the transition to electric mobility across North America and Europe. ChargePoint's vision is to create a seamless, ubiquitous, and accessible EV charging experience for all. Our mission is to simplify the transition to electric vehicles for everyone, from individual drivers to businesses and organizations of all sizes. By meeting the needs of a rapidly evolving EV market, ChargePoint enables its customers to reduce emissions, supports renewable energy integration, and promotes sustainable transportation. ChargePoint powers over 385,000 "active" charging ports, which ChargePoint defines as ports that are running on ChargePoint software, serving more than 1,480,000 active EV drivers quarterly. EV drivers benefit from ChargePoint's advanced mobile app and roaming partnerships, providing access to more than 1,370,000 million worldwide public and private charging ports. ChargePoint also enables charge point operators ("CPOs") and electric mobility service providers to build custom EV charging networks and is trusted by over 60% of Fortune 500, and over 80% of Fortune 50 companies to meet their growing EV charging requirements, making it a vital enabler of the transition to electric mobility.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $411.2M | $417.1M | $506.6M | $468.1M | $241.0M | $146.5M | $144.5M | — |
| Cost of revenue | $285.6M | $316.4M | $476.5M | $382.2M | $187.5M | $113.5M | $126.5M | — |
| Gross profit | $125.6M | $100.7M | $30.1M | $85.9M | $53.5M | $32.9M | $18.0M | — |
| R&D | $139.3M | $141.3M | $220.8M | $195.0M | $145.0M | $75.0M | $69.5M | — |
| SG&A | $95.7M | $81.5M | $109.1M | $90.4M | $81.4M | $25.9M | $23.9M | — |
| Total operating expenses | $335.7M | $353.7M | $480.1M | $427.7M | $319.0M | $153.9M | $150.4M | — |
| Operating income | -$210.1M | -$253.0M | -$450.0M | -$341.8M | -$265.4M | -$121.0M | -$132.4M | — |
| Interest expense | $23.9M | $24.7M | $16.3M | $9.4M | $1.5M | $3.3M | $3.5M | — |
| Pre-tax income | -$216.1M | -$272.7M | -$457.6M | -$347.3M | -$135.2M | -$196.8M | -$134.1M | — |
| Income tax | $4.0M | $4.4M | $21.0K | $2.2M | $2.9M | $198.0K | $224.0K | — |
| Net income | -$220.2M | -$277.1M | -$457.6M | -$345.1M | -$132.2M | -$197.0M | -$134.3M | — |
| EPS, basic | -9.41 | -12.78 | -24.37 | -1.02 | -1.01 | -18.14 | -15.10 | — |
| EPS, diluted | -9.41 | -12.78 | -24.37 | -1.02 | -1.49 | -18.14 | -15.10 | — |
| Shares, diluted (wtd. avg.) | $23.4M | $21.7M | $18.8M | $338.5M | $302.5M | $15.1M | $8.9M | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $141.6M | $224.6M | $327.4M | $294.6M | $315.6M | $145.9M | $73.2M | $205.7M |
| Short-term investments | — | — | $0 | $105.0M | $0 | $0 | — | — |
| Receivables | $86.1M | $95.9M | $124.0M | $164.9M | $75.9M | $35.1M | — | — |
| Inventory | $214.9M | $209.3M | $198.6M | $68.7M | $35.9M | $33.6M | — | — |
| Total current assets | $462.0M | $566.6M | $742.7M | $704.2M | $464.1M | $226.6M | $773.0K | — |
| Property, plant and equipment | $24.7M | $35.4M | $42.4M | $40.0M | $34.6M | $30.0M | — | — |
| Goodwill | $227.9M | $207.5M | $213.8M | $213.7M | $218.5M | $1.2M | — | — |
| Other intangibles | $60.5M | $66.2M | $80.6M | $92.7M | $107.2M | $0 | — | — |
| Total assets | $792.2M | $898.2M | $1.10B | $1.08B | $855.9M | $290.1M | $317.2M | — |
| Accounts payable | $90.1M | $64.0M | $71.1M | $62.1M | $27.6M | $19.8M | $201.0K | — |
| Short-term debt | $32.4M | $0 | — | — | $0 | $10.2M | — | — |
| Total current liabilities | $383.6M | $293.7M | $330.2M | $284.3M | $189.0M | $118.1M | $768.0K | — |
| Long-term debt | $228.5M | $297.1M | $283.7M | $294.9M | $0 | $24.7M | — | — |
| Total liabilities | $770.9M | $760.7M | $775.7M | $725.0M | $308.9M | $290.9M | $21.3M | — |
| Retained earnings | -$2.11B | -$1.89B | -$1.61B | -$1.16B | -$811.7M | -$679.4M | -$499.0K | — |
| Total equity | $21.3M | $137.5M | $327.7M | $355.0M | $547.0M | -$616.5M | -$462.0M | -$335.4M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$62.8M | -$146.9M | -$328.9M | -$267.0M | -$157.2M | -$91.8M | -$87.9M | — |
| Depreciation and amortisation | $27.0M | $29.2M | $28.5M | $25.1M | $16.5M | $10.1M | $7.7M | — |
| Stock-based compensation | $64.7M | $75.7M | $117.3M | $93.3M | $67.3M | $4.9M | $2.9M | — |
| Capital expenditure | $4.2M | $12.1M | $19.4M | $18.6M | $16.4M | $11.5M | $14.9M | — |
| Investing cash flow | -$4.2M | -$12.1M | $85.6M | -$126.2M | -$221.7M | $35.5M | -$61.9M | — |
| Financing cash flow | -$20.0M | $28.5M | $306.5M | $372.9M | $549.7M | $128.9M | $17.2M | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001777393-26-000022.
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