The beat on revenue and margins is notable for a sub-$150M market cap company, but the cash burn ($45.8M in H1 FY2027) and modest Q3 guidance midpoint ($110M vs $105.3M consensus) limit upside. Monitor the Q3 earnings call for Express Solo order momentum and cash runway updates before establishing a position.
Price Chart
Executive Summary
ChargePoint reported Q2 FY2027 revenue of $116.1M (+18% YoY), above the $105.3M consensus, with GAAP EPS of -$1.35 beating the -$0.85 estimate by 58.6% on a GAAP basis. GAAP gross margin expanded to 36% (from 31% YoY), including a 4pp tariff refund benefit, and the non-GAAP adjusted EBITDA loss narrowed 78% to -$4.8M. The company guided Q3 revenue to $105-115M, with the midpoint of $110M modestly above consensus, but the stock's $137M market cap and 22% historical win rate on prior calls suggest limited follow-through on positive surprises.
Key Financial Metrics
Key Facts
- Q2 FY2027 revenue of $116.1M (+18% YoY) beat $105.3M consensus
- GAAP EPS of -$1.35 vs consensus -$0.85 (beat by 58.6% on GAAP basis)
- GAAP gross margin expanded to 36% from 31% YoY, including a 4pp tariff refund benefit
- Non-GAAP adjusted EBITDA loss narrowed 78% YoY to -$4.8M
- Q3 FY2027 revenue guidance of $105-115M (midpoint $110M modestly above consensus)
- Cash and equivalents of $95.7M as of July 31, 2026, down from $141.6M at Jan 31, 2026
Financial Impact
Revenue beat consensus by $10.8M (+10.3%); GAAP net loss improved 46% YoY to -$35.6M
Risk Factors
- Cash burn continues: cash decreased from $141.6M to $95.7M over six months
- Q3 guidance midpoint of $110M is only modestly above Q2's $116.1M, suggesting deceleration
- Historical win rate on prior CHPT calls is 22% at T+20, indicating limited stock follow-through on positive news
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001777393-26-000061 |
| Document: chpt-20260902.htm | 0001777393-26-000061 |
| Document: 0001777393-26-000061-index-headers.html | 0001777393-26-000061 |
| Document: 0001777393-26-000061-index.html | 0001777393-26-000061 |
| Document: 0001777393-26-000061.txt | 0001777393-26-000061 |
| 8-K Data (Synthetic) | 0001777393-26-000061 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 2, 2026 29d ago | 8-K | $9.08 $9.06 | ▼ −0.22% | ▲ +0.93% | $9.35 (+2.97%) |
Aug 20, 2026 6w ago | Court Ruling | $5.79 $5.83 | ▲ +0.69% | ▼ −0.42% | $9.35 (+61.49%) |
Jul 31, 2026 8w ago | 8-K | $5.52 $6.12 | ▼ −10.87% | ▼ −8.84% | $9.35 (−69.38%) |
Jul 7, 2026 12w ago | Court Ruling | $5.83 $6.30 | ▲ +8.06% | ▲ +7.51% | $9.35 (+60.38%) |
Jun 30, 2026 13w ago | 8-K | $5.96 $5.83 | ▼ −2.18% | ▼ −2.44% | $9.35 (+56.88%) |
Jun 11, 2026 16w ago | Institutional Cluster | $6.58 $7.69 | ▲ +16.87% | ▲ +16.44% | $9.35 (+42.10%) |
Jun 3, 2026 17w ago | 8-K | $8.31 $6.58 | ▼ −20.82% | ▼ −18.27% | $9.35 (+12.52%) |
May 28, 2026 18w ago | DEFA14A | $7.59 $7.61 | ▲ +0.26% | ▲ +0.56% | $9.35 (+23.19%) |
Apr 17, 2026 23w ago | 8-K | $6.64 $6.79 | ▲ +2.26% | ▲ +1.35% | $9.35 (+40.81%) |
Mar 23, 2026 27w ago | Insider Cluster | $5.35 $4.51 | ▼ −15.70% | ▼ −12.14% | $9.35 (+74.77%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access