📊 CHPT Key Takeaways
Investment Thesis
ChargePoint exhibits severe financial deterioration with negative operating cash flow of -$61.6M and free cash flow of -$65M, indicating the company is burning cash at an unsustainable rate despite $180.5M in reserves. The combination of a -52.1% operating margin, -58.2% net margin, and declining revenue (-17.7% YoY) demonstrates fundamental business model challenges with insufficient gross margins (30.2%) to cover operating expenses. With 8.38x debt-to-equity leverage and negative interest coverage of -7.4x, the company faces severe liquidity stress and will require significant operational turnaround or additional capital raises to survive.
CHPT Strengths
- Positive gross margin of 30.2% indicates core products maintain pricing power and basic unit economics work
- Current ratio of 1.59x provides near-term liquidity cushion relative to current liabilities
- Cash balance of $180.5M provides runway for operations and strategic pivots in near term
CHPT Risks
- Operating cash burn of -$61.6M and free cash flow of -$65M is unsustainable; company will deplete cash reserves in ~2.8 years at current burn rate
- Negative operating margin of -52.1% and net margin of -58.2% indicate business cannot generate profits at current scale; revenue decline of -17.7% YoY worsens fixed cost absorption
- Extremely high debt-to-equity ratio of 8.38x with negative interest coverage (-7.4x) creates imminent refinancing risk and default probability if operations don't improve dramatically
- Negative ROE of -458% and ROA of -20.7% demonstrate value destruction for shareholders and asset inefficiency
Key Metrics to Watch
- Operating cash flow trend - any improvement from -$61.6M would indicate operational stabilization
- Gross margin sustainability - 30.2% must be maintained while achieving operating leverage
- Revenue trajectory - reversal of -17.7% YoY decline is critical to absorption of fixed costs
- Cash burn rate and runway - path to cash flow breakeven is essential for survival
- Debt refinancing ability - ability to restructure or refinance $321.8M long-term debt without distressed terms
CHPT Financial Metrics
💡 AI Analyst Insight
ChargePoint Holdings, Inc. presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.
CHPT Profitability Ratios
CHPT vs Default Sector
How ChargePoint Holdings, Inc. compares to Default sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
CHPT Balance Sheet & Liquidity
CHPT 5-Year Financial Trend
5-Year Trend Summary: ChargePoint Holdings, Inc.'s revenue has grown significantly by 110% over the 5-year period, indicating strong business expansion. The most recent EPS of $-1.02 indicates the company is currently unprofitable.
CHPT Growth Metrics (YoY)
CHPT Quarterly Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2026 | $99.6M | -$52.5M | $-2.23 |
| Q2 2026 | $98.6M | -$57.1M | $-2.85 |
| Q1 2026 | $97.6M | -$57.1M | $-0.12 |
| Q3 2025 | $99.6M | -$68.9M | $-0.18 |
| Q2 2025 | $108.5M | -$68.9M | $-0.16 |
| Q1 2025 | $107.0M | -$71.8M | $-0.17 |
| Q3 2024 | $110.3M | -$79.4M | $-0.25 |
| Q2 2024 | $108.3M | -$79.4M | $-0.28 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
CHPT Capital Allocation
CHPT SEC Filings
Access official SEC EDGAR filings for ChargePoint Holdings, Inc. (CIK: 0001777393)
📋 Recent SEC Filings
❓ Frequently Asked Questions about CHPT
What is the AI rating for CHPT?
ChargePoint Holdings, Inc. (CHPT) has an AI rating of STRONG SELL with 92% confidence, based on fundamental analysis of SEC EDGAR filings.
What are CHPT's key strengths?
Positive gross margin of 30.2% indicates core products maintain pricing power and basic unit economics work. Current ratio of 1.59x provides near-term liquidity cushion relative to current liabilities.
What are the risks of investing in CHPT?
Operating cash burn of -$61.6M and free cash flow of -$65M is unsustainable; company will deplete cash reserves in ~2.8 years at current burn rate. Negative operating margin of -52.1% and net margin of -58.2% indicate business cannot generate profits at current scale; revenue decline of -17.7% YoY worsens fixed cost absorption.
What is CHPT's revenue and growth?
ChargePoint Holdings, Inc. reported revenue of $301.9M.
Does CHPT pay dividends?
ChargePoint Holdings, Inc. does not currently pay dividends.
Where can I find CHPT SEC filings?
Official SEC filings for ChargePoint Holdings, Inc. (CIK: 0001777393) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is CHPT's EPS?
ChargePoint Holdings, Inc. has a diluted EPS of $-7.57.
How is the AI analysis conducted?
Our AI (Claude) analyzes publicly available SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports to evaluate financial health, profitability ratios, balance sheet strength, and growth metrics.