ChargePoint revenue up 18% to $116M with record 38% margin; Express Solo early-access shipments begin

ChargePoint/ChargePoint Network and Express DC

In the quarter to July 2026 ChargePoint's revenue rose 18% to $116.1M, led by a 25% jump in charger hardware sales, and non-GAAP gross margin reached a record 38% (about 35% without a one-off tariff refund). Its net loss fell to $35.6M. It began early-access shipments of Express Solo and guided to $105M to $115M revenue for the next quarter.

• Revenue $116.1M (+18%); hardware $62.9M (+25%); subscriptions $43.7M (+10%).
• GAAP net loss $35.6M, down 46%.
• Cash $95.7M; total debt $236.9M.
• Q3 guidance: $105M to $115M.