---
schema_version: "secwatch.filing_event.v1"
accession: "0001777393-23-000028"
form_type: "8-K"
ticker: "CHPT"
cik: "0001777393"
company_name: "ChargePoint Holdings, Inc."
filed_at: "2023-09-06T23:59:59+00:00"
generated_at: "2026-06-10T23:31:20.061926+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# ChargePoint Q2 revenue $150.5M (+39% YoY); GAAP net loss $125.3M; announces 10% workforce reduction

## Summary
- Q2 revenue $150.5M (+39% YoY); GAAP net loss $125.3M vs $92.7M; non-GAAP adjusted EBITDA loss $81.2M.
- GAAP gross margin 1% (down from 17%) due to $28M inventory impairment charge on a DC product.
- Reorganization includes ~10% workforce reduction; expects $8M charges and $30M annual operating expense savings.
- Q3 revenue guidance $150-165M; FY2024 revenue guidance $605-630M (midpoint +32% YoY).
- Reaffirms plan to achieve positive non-GAAP adjusted EBITDA by end of calendar 2024; cash $263.9M.

## SEC filing metadata
- accession: 0001777393-23-000028
- form_type: 8-K
- ticker: CHPT
- cik: 0001777393
- company_name: ChargePoint Holdings, Inc.
- filed_at: 2023-09-06T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 2.05, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1777393/000177739323000028/0001777393-23-000028-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1777393/000177739323000028/chpt-20230906.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001777393-23-000028
- JSON: https://secwatch.observer/filing/0001777393-23-000028.json
- Plain text: https://secwatch.observer/filing/0001777393-23-000028.txt

## Key facts
- Earnings Releases
  ChargePoint Holdings, Inc. reported financial results for its second quarter of fiscal 2024 ended July 31, 2023.
  - Period: its second quarter of fiscal 2024 ended July 31, 2023
  - Result: reported results
  source text: On September 6, 2023, ChargePoint Holdings, Inc. (the “Company”) issued a press release announcing its financial results for its fiscal second quarter ended July 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1777393/000177739323000028/0001777393-23-000028-index.htm
- Restructurings & Charges
  ChargePoint Holdings, Inc. announced a restructuring with charges of approximately $8 million affecting global operations (approximately 10%).
  - Type: restructuring
  - Charge: approximately $8 million
  - Affected area: global operations
  - Headcount: approximately 10%
  source text: On September 6, 2023, the Company announced the reorganizing of its operations including a reduction of the Company's current global workforce by approximately 10% (the “Reorganization”). The Reorganization is expected to lead to approximately $8 million in charges, consisting primarily of severance benefits and facility-related expenses.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1777393/000177739323000028/0001777393-23-000028-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.