Wed, Sep 3, 2025, 4:03 PM 30 min read
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Wednesday, Sept. 3, 2025, at 4:30 p.m. ET
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Chief Executive Officer — Rick Wilmer
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Chief Financial Officer — Manzi Katani
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VP, Investor Relations — AJ Gosselin
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AJ Gosselin: Good afternoon, and thank you for joining us on today’s conference call to discuss ChargePoint Holdings, Inc.’s Second Quarter Fiscal 2026 Earnings Results. This call is being webcast and can be accessed on the Investors section of our website at investors.chargepoint.com. With me on today’s call are Rick Wilmer, our Chief Executive Officer, and Manzi Katani, Chief Financial Officer. This afternoon, we issued our press release announcing results for the quarter ended July 31, 2025, which can be found on our website. We would like to remind you that during the conference call, management will be making forward-looking statements, including our outlook for 2026.
These forward-looking statements involve risks and uncertainties, many of which are beyond our control and could cause actual results to differ materially from our expectations. These forward-looking statements apply as of today, and we undertake no obligation to update these statements after the call. For a more detailed description of certain factors that could cause actual results to differ, please refer to our Form 10-Q filed with the SEC on June 6, 2025, and our earnings release posted today on our website and filed with the SEC on Form 8-K.
Also, please note that we use certain non-GAAP financial measures on this call, which we reconcile to GAAP in our earnings release and for certain historical periods in the investor presentation posted on the Investors section of our website. And finally, we will be posting a transcript of this call to our investor relations website under the Quarterly Results section. Thank you. I will now turn the call over to our CEO, Rick Wilmer.
Rick Wilmer: Good afternoon, and thank you for joining the ChargePoint Holdings, Inc. second-quarter fiscal 2026 earnings call. We are pleased to report solid results for the quarter. Second quarter revenue was $99 million, landing at the top of our guidance range. Non-GAAP gross margin improved sequentially, with Q2 results coming in at 33%. This figure is notable as the highest gross margin we have reported since becoming a public company, and we successfully mitigated tariffs to achieve it. Cash management was exceptional, with our ending balance at $195 million, only $2 million below Q1’s close, largely driven by structural OpEx changes we have been making over the last year.
