Revenue beat guidance but cash burn and negative equity are structural concerns. Monitor Q2 guidance midpoint of $105M vs $95.9M consensus — if achieved, it would represent ~10% YoY growth. Cash runway at current burn rate is ~2.5 quarters without additional financing.
Price Chart
Executive Summary
ChargePoint reported Q1 FY2027 revenue of $101.8M (+4% YoY), above the $90M-$100M guidance range, with a GAAP net loss of $43.2M (-24% YoY). The company guided Q2 FY2027 revenue to $100M-$110M, roughly in line with consensus, while cash burn continues with cash dropping to $95.8M from $141.6M at year-end.
Key Financial Metrics
Key Facts
- Q1 FY2027 revenue $101.8M, up 4% YoY from $97.6M, above the $90M-$100M guidance range
- GAAP net loss $43.2M, improved 24% from $57.1M YoY; GAAP EPS -$1.75 vs -$2.49 YoY
- Subscription revenue $40.8M, up 7% YoY; networked charging systems $53.3M, up 2% YoY
- GAAP gross margin 29% (flat YoY); non-GAAP gross margin 32% vs 31% YoY
- Cash and equivalents $95.8M, down from $141.6M at Jan 31, 2026; stockholders' equity turned negative to -$9.1M
- Q2 FY2027 guidance: revenue $100M-$110M; operating cash burn $36.6M in Q1
- Launched Express Solo 600kW fast charger; secured large transit fleet order from Santa Monica's Big Blue Bus
Financial Impact
Revenue beat low-end guidance by ~13% but cash burn remains elevated at $36.6M operating cash outflow; stockholders' equity turned negative
Risk Factors
- Cash burn of $36.6M operating outflow in Q1; only $95.8M cash remaining
- Stockholders' equity turned negative (-$9.1M), potential going concern risk if cash burn continues
- GAAP gross margin flat at 29%; subscription revenue growth slowing to 7% YoY from 11% in Q4
- EV charging demand dependent on government incentives and fleet adoption timelines
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001777393-26-000040 |
| Document: chpt-20260603.htm | 0001777393-26-000040 |
| Document: 0001777393-26-000040-index-headers.html | 0001777393-26-000040 |
| Document: 0001777393-26-000040-index.html | 0001777393-26-000040 |
| Document: 0001777393-26-000040.txt | 0001777393-26-000040 |
| 8-K Data (Synthetic) | 0001777393-26-000040 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 2, 2026 29d ago | 8-K | $9.08 $9.06 | ▼ −0.22% | ▲ +0.93% | $9.39 (+3.41%) |
Aug 20, 2026 6w ago | Court Ruling | $5.79 $5.83 | ▲ +0.69% | ▼ −0.42% | $9.39 (+62.18%) |
Jul 31, 2026 8w ago | 8-K | $5.52 $6.12 | ▼ −10.87% | ▼ −8.84% | $9.39 (−70.11%) |
Jul 7, 2026 12w ago | Court Ruling | $5.83 $6.30 | ▲ +8.06% | ▲ +7.51% | $9.39 (+61.06%) |
Jun 30, 2026 13w ago | 8-K | $5.96 $5.83 | ▼ −2.18% | ▼ −2.44% | $9.39 (+57.55%) |
Jun 11, 2026 16w ago | Institutional Cluster | $6.58 $7.69 | ▲ +16.87% | ▲ +16.44% | $9.39 (+42.71%) |
Jun 3, 2026 17w ago | 8-K | $8.31 $6.58 | ▼ −20.82% | ▼ −18.27% | $9.39 (+13.00%) |
May 28, 2026 18w ago | DEFA14A | $7.59 $7.61 | ▲ +0.26% | ▲ +0.56% | $9.39 (+23.72%) |
Apr 17, 2026 23w ago | 8-K | $6.64 $6.79 | ▲ +2.26% | ▲ +1.35% | $9.39 (+41.42%) |
Mar 23, 2026 27w ago | Insider Cluster | $5.35 $4.51 | ▼ −15.70% | ▼ −12.14% | $9.39 (+75.51%) |
US Market Status
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