U.S.-based electric-vehicle charging solutions company ChargePoint reported revenue of $109.3 million in the fourth quarter (Q4) of fiscal year (FY) 2026, a 7% year-over-year (YoY) increase from $101.9 million.

The revenue exceeded analysts’ expectations by $4.43 million.

The company attributed the growth to investments in product innovation, partnerships, rising market interest, greater utilization, and market consolidation, which have boosted its market share of public ports in North America.

Net loss for the quarter narrowed by 48% to $13.07 million from $25.2 million.

The company’s earnings per share (EPS) loss came in at $1.85, compared to an EPS loss of $2.63, beating analysts’ expectations by $0.49.

ChargePoint’s adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) loss was $18.4 million, a 6% YoY increase from $17.3 million.

It said Europe experienced robust double-digit growth, driven by regulations and new incentives. It expects the trend in Europe to continue, further accelerated by its products.

Its billings comprised commercial, 78%; residential, 6%; fleet, 9%; and other, 7%. In terms of geography, North America accounted for 77% of revenue, and Europe 23%.

Networked charging systems revenue for Q4 FY 2026 was $57.6 million, up 10% from $52.6 million in the prior year’s same quarter.

Subscription revenue was $42.5 million, up 11% YoY from $38.3 million.

In Q4 FY 2026, ChargePoint and Ford Pro also announced a new collaboration to offer specialized home, depot, and workplace EV charging solutions for Ford Pro’s commercial fleet customers in Germany and the UK.

ChargePoint and RAW Charging, a UK-based charge point operator, established a multi-year partnership, with RAW Charging committing $7.5 million.

In Q3 FY 2026, its revenue stood at $105.67 million, a 6% YoY increase from $99.6 million.

Full Year Results

In FY 2026, ChargePoint reported revenue of $411.2 million, a small decline from $417.1 million a year ago.

Networked charging systems revenue for FY 2026 was $216.5 million, down 8% from $234.8 million in the prior year.

The company’s subscription revenue stood at $162.4 million, up 13% YoY from $144.3 million.

Net loss for the year declined by 32% to $107.15 million, from $157.69 million.

The company’s EPS loss came in at $9.41, compared to an EPS loss of $12.78.

EBITDA loss narrowed by 29% YoY to $82.7 million in FY 2026 from a loss of $116.5 million.

Business Highlights

ChargePoint now manages approximately 385,000 ports, including more than 41,000 DC fast chargers and more than 130,000 ports located in Europe.

Globally, ChargePoint drivers have access to over 1.37 million public and private charging ports.

At the end of FY 2026, ChargePoint had 1.48 million active users, representing 8% YoY growth.

In its Q4 FY 2026 earnings call, the company said that it added approximately 18,000 new public DC fast-charging ports, largely driven by private investment rather than government stimulus in the U.S.

The company also said it planned to move towards a new software-first strategy, under which non-ChargePoint hardware ports would be managed by its software.

Reflecting on ChargePoint’s new software-first strategy, Richard Wilmer, President, CEO, and Director, said that managing non-ChargePoint hardware will expand the company’s addressable market and support a business model centered on recurring software revenue and sticky long-term customer relationships.

Globally, the company has nearly 130,000 software-only managed ports, representing approximately 30% of all ports under management.

The company is also bullish about the global demand for EVs in the coming years.

Wilmer said that global EV sales grew meaningfully YoY in 2025. He added that even in North America, where growth moderated, interest in EVs remains resilient, and satisfaction among EV owners continues to be exceptionally high.

He noted that original equipment manufacturers still view EVs as the long-term destination, but the path is proving longer and less linear, with hybrids and plug-in hybrids serving as bridges.

He added that the next leg of adoption will depend less on mandates and more on economics and customer experience.

After a strong fourth quarter, the company expects first-quarter fiscal 2027 revenue to be in the $90 million to $100 million range.