Welcome to our dedicated page for Chargepoint Holdings news (Ticker: CHPT), a resource for investors and traders seeking the latest updates and insights on Chargepoint Holdings stock.
ChargePoint Holdings, Inc. (NYSE: CHPT) is focused on electric vehicle (EV) charging solutions, and its news flow reflects activity across technology, finance, and large-scale infrastructure deployment. Company announcements describe a portfolio that spans networked charging hardware, cloud-based software, and services for EV drivers, fleets, commercial sites, public agencies, and other stakeholders in North America and Europe.
News updates for CHPT commonly include quarterly financial results, where ChargePoint reports revenue from networked charging systems, subscriptions, and other sources, along with gross margin and operating expense trends. These releases are often accompanied by Form 8-K filings and webcast details for earnings calls, providing context on the company’s operating performance and capital structure.
ChargePoint’s press releases also highlight product and platform developments. Examples include the launch of the ChargePoint Platform, which the company describes as a next-generation software system with AI-powered data tools, real-time monitoring, and features such as Waitlist to manage charger demand. Other announcements cover hardware innovations such as Express Plus fast charging stations, a modular Express DC fast charging architecture developed with Eaton, and Omni Port conversion kits that allow older stations to support adaptable connectors for new EVs.
Additional news items feature customer deployments and partnerships, such as agreements with universities, real estate developers, and public-sector entities, as well as cooperative purchasing contracts like the Sourcewell award for public agencies in the U.S. and Canada. Investors and observers can use the CHPT news feed on Stock Titan to follow these financial disclosures, technology updates, and deployment milestones over time.
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ALD Automotive has partnered with ChargePoint Holdings (NYSE: CHPT) to launch a new electric vehicle (EV) charging business in Europe. This initiative aims to enhance corporate fleet electrification by offering a unique electric Mobility Service Provider (eMSP) that simplifies charging access for corporate clients. Powered by ChargePoint's technology, the service will feature a network of over 485,000 charging ports and provide consolidated reporting for fleet managers. Headquartered in Paris, the eMSP is set to launch in Q4 2023, starting in France and the Netherlands, with plans to expand to eight European countries by 2025.
ChargePoint Holdings reported Q4 2023 revenue of $153 million, a 93% increase year-over-year, while full fiscal year revenue reached $468 million, up 94%. The annualized subscription revenue surpassed $100 million. GAAP gross margin improved to 22% in Q4, with a non-GAAP gross margin of 23%. However, Q4 GAAP net loss widened to $78 million from $60 million in the prior year, driven by increased stock-based compensation. ChargePoint expects Q1 2024 revenue guidance between $122-$132 million, indicating a 56% anticipated growth compared to the same quarter last year.
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