ChargePoint reported second quarter fiscal year 2027 revenue of $116.1 million, exceeding the high end of its guidance range and narrowing losses through strict operational discipline. The company significantly improved its bottom line, reducing its non-GAAP adjusted EBITDA loss by 78% compared to the prior year.
Key Highlights
- Networked charging systems revenue reached $62.9 million, a 25% increase over the previous year.
- Non-GAAP gross margin expanded to 38%, which included a 400-basis-point benefit from tariff refunds.
- GAAP operating expenses were reduced by 15% year-over-year to $76.4 million as the company maintained cost rigor.