---
schema_version: "secwatch.filing_event.v1"
accession: "0001777393-23-000037"
form_type: "8-K"
ticker: "CHPT"
cik: "0001777393"
company_name: "ChargePoint Holdings, Inc."
filed_at: "2023-11-16T23:59:59+00:00"
generated_at: "2026-06-08T01:20:15.281065+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# ChargePoint pre-announces Q3 revenue $108-113M (well below guidance), CEO & CFO replaced

## Summary
- Preliminary Q3 FY2024 revenue $108-113M vs prior guidance of $150-165M; miss driven by macro pressures and fleet delays.
- Non-cash inventory impairment charge of $42M; GAAP gross margin negative 23% to -21%; pre-impairment non-GAAP gross margin 19-21% (guided 22-25%).
- Rick Wilmer appointed President and CEO, succeeding Pasquale Romano; Rex Jackson departs CFO role; Mansi Khetani named interim CFO.
- Cash and equivalents ~$397M as of Oct 31; $150M credit facility undrawn; no debt maturities until 2028.
- Full Q3 results and updated FY2024 guidance to be reported Dec 6, 2023; reaffirms goal of positive adjusted EBITDA in Q4 CY2024.

## SEC filing metadata
- accession: 0001777393-23-000037
- form_type: 8-K
- ticker: CHPT
- cik: 0001777393
- company_name: ChargePoint Holdings, Inc.
- filed_at: 2023-11-16T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 2.02, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1777393/000177739323000037/0001777393-23-000037-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1777393/000177739323000037/chpt-20231116.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001777393-23-000037
- JSON: https://secwatch.observer/filing/0001777393-23-000037.json
- Plain text: https://secwatch.observer/filing/0001777393-23-000037.txt

## Key facts
- Earnings Releases
  ChargePoint Holdings, Inc. reported third quarter of fiscal year 2024 ended October 31, 2023 results: revenue $108 to $113 million. Guidance lowered.
  - Period: third quarter of fiscal year 2024 ended October 31, 2023
  - Revenue: $108 to $113 million
  - Guidance: lowered
  - Result: preliminary results
  source text: goal of generating positive adjusted EBITDA in the fourth quarter of calendar 2024,” said Wilmer. Preliminary Third Quarter Fiscal Year 2024 Financial Performance • Revenue of $108 to $113 million, as compared to $150 to $165 million as previously expected. • ChargePoint expects to take a non-cash impairment charge of $42 million resulting in GAAP gross
  evidence_url: https://www.sec.gov/Archives/edgar/data/1777393/000177739323000037/0001777393-23-000037-index.htm
- Executive change
  Pasquale Romano resigned as President and Chief Executive Officer at ChargePoint Holdings, Inc..
  - Action: resigned
  - Role: President and Chief Executive Officer
  source text: The Company’s former President and Chief Executive Officer, Pasquale Romano, resigned from the Company and as a member of the Board of Directors of the Company (the “Board”) at the request of the Board
  evidence_url: https://www.sec.gov/Archives/edgar/data/1777393/000177739323000037/0001777393-23-000037-index.htm
- Executive change
  Rex S. Jackson departed as Chief Financial Officer at ChargePoint Holdings, Inc..
  - Action: separated
  - Role: Chief Financial Officer
  source text: the Company’s former Chief Financial Officer, Rex S. Jackson, separated from the Company, respectively, effective November 16, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1777393/000177739323000037/0001777393-23-000037-index.htm
- Executive change
  Rick Wilmer was appointed as President and Chief Executive Officer at ChargePoint Holdings, Inc..
  - Action: appointed
  - Role: President and Chief Executive Officer
  source text: On November 16, 2023, ChargePoint issued a press release announcing the appointment of Mr. Rick Wilmer to the position of President and Chief Executive Officer and Ms. Mansi Khetani to the position of interim Chief Financial Officer, effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1777393/000177739323000037/0001777393-23-000037-index.htm
- Executive change
  Mansi Khetani was appointed as interim Chief Financial Officer at ChargePoint Holdings, Inc..
  - Action: appointed
  - Role: interim Chief Financial Officer
  source text: On November 16, 2023, ChargePoint issued a press release announcing the appointment of Mr. Rick Wilmer to the position of President and Chief Executive Officer and Ms. Mansi Khetani to the position of interim Chief Financial Officer, effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1777393/000177739323000037/0001777393-23-000037-index.htm

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