ChargePoint Holdings, Inc. Earnings Per Share Disclosure
| Year Ended January 31, | |||||||||||||||||
| 2025 | 2024 | 2023 | |||||||||||||||
| (in thousands, except share and per share data) | |||||||||||||||||
| Numerator: | |||||||||||||||||
| Net income (loss) | $ | (277,066) | $ | (457,609) | $ | (345,108) | |||||||||||
| Net loss attributable to common stockholders - Basic | $ | (277,066) | $ | (457,609) | $ | (345,108) | |||||||||||
| Net loss attributable to common stockholders - Diluted | $ | (277,066) | $ | (457,609) | $ | (345,108) | |||||||||||
| Denominator: | |||||||||||||||||
Weighted average common shares outstanding | 433,489,800 | 375,543,916 | 338,576,326 | ||||||||||||||
| Less: Weighted-average unvested restricted shares and shares subject to repurchase | — | (14,033) | (87,659) | ||||||||||||||
| Weighted average shares outstanding - Basic | 433,489,800 | 375,529,883 | 338,488,667 | ||||||||||||||
| Weighted average shares outstanding - Diluted | 433,489,800 | 375,529,883 | 338,488,667 | ||||||||||||||
| Net loss per share - Basic | $ | (0.64) | $ | (1.22) | $ | (1.02) | |||||||||||
Net loss per share - Diluted | $ | (0.64) | $ | (1.22) | $ | (1.02) | |||||||||||
Year Ended January 31, | |||||||||||||||||
| 2025 | 2024 | 2023 | |||||||||||||||
2028 Convertible Notes (on an as-converted basis) | 26,062,490 | 24,999,990 | 12,483,569 | ||||||||||||||
Options to purchase common stock | 2,705,924 | 11,396,756 | 17,600,524 | ||||||||||||||
| Restricted stock units | 36,617,081 | 28,416,127 | 12,935,413 | ||||||||||||||
Unvested early exercised common stock options | — | 665 | 40,555 | ||||||||||||||
Common stock warrants | 34,499,436 | 34,499,436 | 34,499,436 | ||||||||||||||
| Employee stock purchase plan | 8,442,250 | 9,348,659 | 1,835,659 | ||||||||||||||
Total potentially dilutive common share equivalents | 108,327,181 | 108,661,633 | 79,395,156 | ||||||||||||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Mar 28, 2025 | Showing above |
| 2023 | Apr 3, 2023 | |
About Earnings Per Share Disclosures
The earnings per share disclosure breaks down the calculation from net income to both basic and diluted EPS, revealing the full impact of a company's capital structure on per-share economics. The reconciliation between basic and diluted share counts exposes how many stock options, RSUs, convertible securities, and warrants are potentially dilutive to existing shareholders.
Key signals: a widening gap between basic and diluted shares indicates growing dilution from equity compensation or convertible instruments. Anti-dilutive securities excluded from the diluted calculation deserve attention — they represent latent dilution that will materialize if the stock price rises. Watch for the effect of share buybacks on per-share metrics: EPS growth driven primarily by repurchases rather than income growth signals weakening fundamentals. Compare year-over-year changes in the diluted share count against equity compensation expense to assess whether management is effectively managing dilution.