---
schema_version: "secwatch.filing_event.v1"
accession: "0001777393-23-000040"
form_type: "8-K"
ticker: "CHPT"
cik: "0001777393"
company_name: "ChargePoint Holdings, Inc."
filed_at: "2023-12-06T23:59:59+00:00"
generated_at: "2026-06-07T17:18:00.004197+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# ChargePoint Q3 FY2024 revenue $110.3M (-12% YoY); GAAP gross margin -22% on $42M inventory impairment

## Summary
- GAAP net loss widened to $158.2M from $84.5M YoY; non-GAAP adjusted EBITDA loss $97.4M including $42M impairment.
- Networked charging systems revenue fell 24% to $73.9M; subscription revenue grew 41% to $30.6M.
- Cash and equivalents $397.4M after $233.1M ATM share offering; $150M revolver undrawn, no debt maturities until 2028.
- Reaffirms target of positive non-GAAP Adjusted EBITDA by Q4 calendar 2024 (Q4 FY2025).
- New President & CEO Rick Wilmer cites execution challenges and continued macroeconomic headwinds.

## SEC filing metadata
- accession: 0001777393-23-000040
- form_type: 8-K
- ticker: CHPT
- cik: 0001777393
- company_name: ChargePoint Holdings, Inc.
- filed_at: 2023-12-06T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1777393/000177739323000040/0001777393-23-000040-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1777393/000177739323000040/chpt-20231206.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001777393-23-000040
- JSON: https://secwatch.observer/filing/0001777393-23-000040.json
- Plain text: https://secwatch.observer/filing/0001777393-23-000040.txt

## Key facts
- Earnings Releases
  ChargePoint Holdings, Inc. reported third quarter of fiscal 2024 ended October 31, 2023 results: revenue $110.3 million, net income GAAP net loss was $158.2 million. Guidance reaffirmed.
  - Period: third quarter of fiscal 2024 ended October 31, 2023
  - Revenue: $110.3 million
  - Net income: GAAP net loss was $158.2 million
  - Guidance: reaffirmed
  - Result: reported results
  source text: Reports Third Quarter Fiscal Year 2024 Financial Results • Consistent with preliminary financial results announced on November 16, 2023: ◦ Third quarter fiscal 2024 revenue of $110 million representing a 12% decrease year-over-year ◦ GAAP gross margin of negative 22% and Non-GAAP gross margin of negative 18%, reflecting $42 million impact from an inventory
  evidence_url: https://www.sec.gov/Archives/edgar/data/1777393/000177739323000040/0001777393-23-000040-index.htm

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