ChargePoint Holdings, Inc.

Good afternoon, and thank you for standing by, and welcome to ChargePoint third quarter fiscal year 2026 financial results conference call. Please be advised today's call is being recorded, and a replay will be available on ChargePoint's investor relations website. I'd now like to hand the conference over to John Apollo Canton, Vice President, Communications. Please go ahead.

Good afternoon, and thank you for joining us on today's conference call to discuss ChargePoint's third quarter fiscal 2026 earnings results. This call is being webcast and can be accessed on the investor section of our website at investors.chargepoint.com. With me on today's call are Rick Wilmer, our chief executive officer, and Mansi Katani, our chief financial officer. This afternoon, we issued our press release announcing results for the quarter ended October 31st, 2025, which can be found on our website. We'd like to remind you that during the conference call, management will be making forward looking statements, including our outlook for our fourth quarter of fiscal 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 September 8th, 2025, and our earnings release posted today on our website and filed with the SEC on form 8K. Also, please note that we use certain non-GAAP financial measures on this call, which we reconciled to GAAP in our earnings release and for certain historical periods in the investor presentation posted on the investor section of our website. And finally, we'll 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 Bowman.

Good afternoon and thank you for joining us. Today, we will provide a comprehensive review of our quarterly performance, share our perspective on current market conditions, discuss the progress we have made towards our three-year strategic plan, and highlight how our ongoing innovation is shaping the future of e-mobility. When answer performance this quarter exceeded expectations, revenue surpassed the top end of our guidance, reaching 106 million, which marks a return to growth. This is a trend we anticipate to continue, especially as we move into the second half of calendar 2026, with many of our new products ramping, our Eaton partnership accelerating, and numerous opportunities in Europe that we can now access with our new products. Our non-GAAP gross margin remained at a record high of 33%. We maintain strict cash discipline with cash utilization better than planned at 14 million. As growth returns, we continue on our path towards positive adjusted EBITDA. Additionally, we successfully completed a debt exchange securing nearly 110 million Of deal discounts that benefits shareholders. Reducing outstanding debt by 172Million and extending maturity to 2030. This transaction is a pivotal step in strengthening our financial foundation. By leveraging at a significant discount, we are shifting enterprise value to shareholders and reinforcing our balance sheet. These strong results confirm the effectiveness of our strategy and the rigor of our operating model. Our CFO, Monty, will provide further details on this transaction later in the call. North America continues to see steady sales demand despite headlines to the contrary, as evidenced by key customer wins we will discuss shortly. In Europe, demand is not only robust but accelerating, with significant opportunities emerging across key markets. As we move into calendar year 2026, especially the second half, Europe stands out as a potential growth engine fueled by favorable regulatory support, rapid EV adoption, and substantial infrastructure investments. This creates an ideal environment for ChargePoint to lead with our innovative new offerings. At the same time, the competitive landscape in both regions is consolidating. creating opportunities for ChargePoint to expand our market presence and reinforce our role as a reliable partner in EV charging. Supported by these favorable conditions, we are well positioned to pursue steady growth, provide strong value to customers, and continue advancing the industry. In terms of customer highlights from the third quarter, we strengthened our partnership with the City of New York by extending our agreement to support its expanding EV infrastructure needs. This ongoing collaboration reinforces our shared commitment to sustainability and positions ChargePoint as a trusted partner in advancing clean transportation. We also launched an exciting program with BMW North America to transform select premium locations into destination charging stations for EV drivers nationwide. Recruitment of site hosts is now underway. And finally, NEVI Momentum is building again with more than 40 states announcing new plans. We continue to deliver NEVI-funded projects, including a recent installation in Land Hope, Pennsylvania, where ChargePoint supplied all charging hardware during Q3. ChargePoint now manages approximately 375,000 ports, including more than 39,000 DC fast chargers and more than 127,000 ports located in Europe. Globally, ChargePoint drivers have access to approximately 1.35 million public and private charging ports. We launched our three-year strategic plan nearly two years ago, built on four key pillars, efficient and capital light hardware innovation, software innovation, world-class driver experiences, and operational excellence. We are delivering on these promises. Our operational excellence is evident throughout the company with continuous improvement in our gross margins, network reliability, and customer satisfaction. We have made significant strides in utilizing AI for internal productivity, which we expect to further accelerate improvements in operational execution. AI is a featured piece of our new software offerings, which we believe will provide tangible benefits to our customers. The second year of our three-year plan focuses on delivering innovation and driving growth. Our financial results demonstrate that growth has returned, which we expect to accelerate because of new products and services contrived in the first year of our plan that are now beginning to enter the market. We believe our new offerings will drive market share gains and margin improvements. Our innovation engine is performing strongly, further expanded and accelerated by our partnership with Eaton and close collaboration with vehicle OEMs. Our approach to innovation is anchored by our belief that electric vehicles, EV charging infrastructure, and the power grid should not operate as independent silos where industry standards dictate the sole means of interoperability. Our new DC product line, ChargePoint Express powered by Eaton is a bidirectional capable solution that we believe can be deployed with up to 30% lower capital expenditure, occupies a 30% smaller footprint, and reduces ongoing operational costs by up to 30% compared to other solutions. Our new AC product line Integrated with Eaton's AbleEd Smart Breaker and Smart Panel technology is the most cost-effective offering for enabling vehicle-to-home and vehicle-to-grid, eliminating expensive panel upgrades, and accelerating deployment. A hardware innovation is complemented by significant software advancements. We have released a new generation of the ChargePoint platform, a flexible software solution that redefines EV charging management. Completely re-engineered and optimized by AI, the platform empowers operators to optimize charging infrastructure on any scale. Soon, we will release a major upgrade to our mobile app, also powered by AI, designed to deliver smarter, more personalized charging experiences. Customer reactions to these innovations have been overwhelmingly positive. Our solutions do more than meet expectations, they are redefining them. We believe the transition to EVs is inevitable and ChargePoint is uniquely positioned to lead. Our roadmap is clear, deliver innovation, drive growth, capture market share, and improve margins. We are building a business driven by innovation, operational efficiency, and a relentless focus on customer needs. Thank you to our employees, partners, and shareholders for your continued support. We are excited about the journey ahead and look forward to sharing more milestones in the next quarter. I will now turn the call over to our Chief Financial Officer, Mansi Katani.