ChargePoint CHPT reported a fourth-quarter fiscal 2025 loss of 6 cents per share, narrower than the Zacks Consensus Estimate of 8 cents. The company reported a loss of 13 cents per share in the year-ago period. Revenues of $101.89 million, however, missed the Zacks Consensus Estimate of $104 million and decreased 12% on a year-over-year basis, primarily due to lower networked charging systems revenues.
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ChargePoint Holdings, Inc. price-consensus-eps-surprise-chart | ChargePoint Holdings, Inc. Quote
CHPT reported networked charging systems revenues of $52.6 million, down from $74 million in the prior-year quarter. Subscription revenues were $38.3 million, up from $33.5 million in the year-ago quarter. Other revenues amounted to $11 million, up from $8.3 million in the corresponding quarter of fiscal 2024.
Gross profit for the reported quarter was $28.7 million compared with $22.4 million in the prior-year quarter. The company’s fourth-quarter fiscal 2025 non-GAAP gross margin was 30% compared with 22% in the prior-year quarter. Non-GAAP operating expenses totaled $52 million, down from $74.7 million in the year-ago quarter. CHPT’s non-GAAP adjusted EBITDA loss was $17.3 million, down from $45.3 million in the prior-year quarter.
Research and development expenses were $30.42 million and decreased 44.9% from the year-ago quarter. Sales and marketing expenses decreased 27.1% on a year-over-year basis and stood at $24.51 million. General and administrative expenses rose 8.5% year-over-year to $28.72 million.
Net cash used in operating activities amounted to $146.95 million, compared to $328.94 million used in the fourth quarter of fiscal 2024.
ChargePoint had $224.57 million in cash and cash equivalents as of Jan. 31, 2025, compared to $327.41 million as of Jan. 31, 2024. Total non-current debt was $300.4 million as of Jan. 31, 2025, compared to $283.7 million as of Jan. 31, 2024.
For the first quarter of fiscal 2026, CHPT expects revenues of $95 million to $105 million. The company aims to achieve positive non-GAAP adjusted EBITDA during the quarter.
CHPT currently has a Zacks Rank #2 (Buy).
Some other top-ranked stocks in the auto space are Geely Automobile GELYY, General Motors GM and Zapp Electric Vehicles Group Limited ZAPP. While GELYY flaunts a Zacks Rank #1 (Strong Buy) at present, GM and ZAPP carry a Zacks Rank #2 each. You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for GELYY’s 2025 EPS is currently pegged at $3.59, unchanged over the past 30 days and suggesting growth of 149.31% on a year-over-year basis.
The Zacks Consensus Estimate for GM’s 2025 earnings has moved north 6.7% over the past 30 days and suggests year-over-year growth of 8.02%. It is currently pegged at $11.45 per share.
The Zacks Consensus Estimate for ZAPP’s 2025 loss has been steady at 84 cents per share over the past 30 days and suggests growth of 67.2% on a year-over-year basis.
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General Motors Company (GM) : Free Stock Analysis Report
Geely Automobile Holdings Ltd. (GELYY) : Free Stock Analysis Report
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