📊 CHPT Key Takeaways
Is ChargePoint Holdings, Inc. (CHPT) a Good Investment?
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.
ChargePoint's fundamentals are weak: revenue declined 17.7% year over year while operating and net margins remained deeply negative, indicating the business is not yet demonstrating operating leverage. The balance sheet is stretched, with very low equity, high debt relative to equity, negative interest coverage, and continued free cash flow burn, which raises material concerns about financial flexibility if profitability does not improve soon.
Why Buy ChargePoint Holdings, Inc. Stock? CHPT 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
- Cash balance of $180.5M provides runway for operations and strategic pivots in near term
- Gross margin of 30.2% suggests the core offering still retains some underlying unit economics potential
- Current ratio of 1.59x and $180.51M in cash provide some near-term liquidity support
- Capital expenditure is relatively low, which limits additional cash demands from fixed investment
CHPT Stock Risks: ChargePoint Holdings, Inc. Investment 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
- Revenue contraction indicates weakening demand or competitive pressure, reducing confidence in growth quality
- Operating margin of -52.1% and net margin of -58.2% show the company remains far from sustainable profitability
- Debt-to-equity of 8.38x, negative interest coverage, and only $38.38M of equity create elevated balance-sheet and refinancing risk
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
- Year-over-year revenue growth and subscription/service mix stability
- Free cash flow burn and quarterly improvement in operating margin
ChargePoint Holdings, Inc. (CHPT) Financial Metrics & Key Ratios
💡 AI Analyst Insight
ChargePoint Holdings, Inc. presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.
CHPT Profit Margin, ROE & Profitability Analysis
CHPT vs Industrial Sector: How ChargePoint Holdings, Inc. Compares
How ChargePoint Holdings, Inc. compares to Industrial sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is ChargePoint Holdings, Inc. Stock Overvalued? CHPT Valuation Analysis 2026
Based on fundamental analysis, ChargePoint Holdings, Inc. shows some fundamental concerns relative to the Industrial sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
ChargePoint Holdings, Inc. Balance Sheet: CHPT Debt, Cash & Liquidity
CHPT Revenue & Earnings Growth: 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 $-24.37 indicates the company is currently unprofitable.
CHPT Revenue Growth, EPS Growth & YoY Performance
CHPT Quarterly Earnings & 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.
ChargePoint Holdings, Inc. Dividends, Buybacks & Capital Allocation
CHPT SEC Filings: Latest 10-K & 10-Q Analysis
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 a Combined AI Rating of STRONG SELL from Claude (STRONG SELL) and ChatGPT (STRONG SELL) with 92% combined confidence, based on fundamental analysis of SEC EDGAR filings.
What are CHPT's key strengths?
Claude: 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. ChatGPT: Gross margin of 30.2% suggests the core offering still retains some underlying unit economics potential. Current ratio of 1.59x and $180.51M in cash provide some near-term liquidity support.
What are the risks of investing in CHPT?
Claude: 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. ChatGPT: Revenue contraction indicates weakening demand or competitive pressure, reducing confidence in growth quality. Operating margin of -52.1% and net margin of -58.2% show the company remains far from sustainable profitability.
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?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.
Is CHPT a good stock to buy right now?
Based on our AI fundamental analysis in April 2026, ChargePoint Holdings, Inc. has a STRONG SELL rating with 92% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.
Is CHPT stock overvalued or undervalued?
Valuation metrics for CHPT: ROE of -458.0% (sector avg: 15%), net margin of -58.2% (sector avg: 10%). Compare these metrics with sector averages to assess valuation.
Should I buy CHPT stock in 2026?
Our dual AI analysis gives ChargePoint Holdings, Inc. a combined STRONG SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is CHPT's free cash flow?
ChargePoint Holdings, Inc.'s operating cash flow is $-61.6M, with capital expenditures of $3.4M. FCF margin is -21.5%.
How does CHPT compare to other Industrial stocks?
Vs Industrial sector averages: Net margin -58.2% (avg: 10%), ROE -458.0% (avg: 15%), current ratio 1.59 (avg: 1.8).
Is ChargePoint Holdings, Inc. carrying too much debt?
CHPT has a debt-to-equity ratio of 8.38x, which is above the Industrial sector average of 0.7x. However, the current ratio of 1.59 suggests adequate short-term liquidity.