ChargePoint Q2 FY27: Revenue Up 18%, But Cash Burn and Restructuring Continue
CHPT has more than doubled off its 52-week low of $4.44 on elevated volume (9.0× avg).
Summary
ChargePoint's Q2 FY27 10-Q confirms 18% revenue growth to $116.1M but reveals continued cash burn, a second 10% workforce reduction, and the CRO's departure.
Key Events · Earnings and Guidance · CHPT
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Q2 FY27 Revenue Beats, Loss Narrows
Revenue of $116.1M (up 18% YoY) exceeded guidance; net loss narrowed to $35.6M from $66.2M a year ago, with gross margin improving to 36.4% from 31.2%.
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Cash Burn Continues
Operating cash outflow was $40.8M for the first half of FY27, leaving $95.7M in cash and equivalents as of July 31, 2026 — down from $142.0M at fiscal year-end.
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Second 10% Workforce Reduction
The July 2026 Reorganization eliminated 127 positions (10% of workforce), incurring $6.4M in severance and facility exit costs, following a similar 146-person cut in March 2026.
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Chief Revenue Officer Departs
David Vice transitioned from CRO to a non-executive advisor role effective July 28, 2026, with full separation scheduled for November 30, 2026.
Analysis · CHPT · Manufacturing
ChargePoint's Q2 FY27 10-Q confirms the strong revenue beat already announced on September 2, but adds critical context: the company burned $40.8M in operating cash during the first half, ended the quarter with just $95.7M in cash, and executed a second 10% workforce reduction in July. The Chief Revenue Officer's departure and an upcoming securities class action trial in July 2027 add governance and legal overhang. While the company states it has sufficient liquidity for the next twelve months, the combination of ongoing losses, restructuring costs, and litigation risk keeps this a high-attention filing.
How filings like this one have moved
In the 30 days to Sep 10, 2026, 30.2% of the 2009 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.11%. These are measured outcomes after filings of this importance, not a forecast for this one.
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At the time of this filing, CHPT was trading at $10.00 on NYSE in the Manufacturing sector, with a market capitalization of approximately $256.1M. The 52-week trading range was $4.44 to $12.61. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.