ChargePoint Reports Record Revenue and Gross Margins in Q2 2027
ChargePoint (CHPT) reported strong financial results for the second quarter of fiscal year 2027, with revenue reaching $116 million—exceeding guidance and marking an 18% increase compared to the same period last year. The company achieved record gross margins, driven by disciplined execution and operational improvements, even after excluding non-recurring tariff refunds. ChargePoint also announced it had nearly zero cash burn during the quarter, signaling improved financial health. The CEO highlighted the launch of early access units for Express Solo, a new DC charging product developed in partnership with Eaton to support future electric vehicle infrastructure needs such as autonomous vehicles and fleet electrification. The company emphasized its leadership position in intelligent electrification and e-mobility solutions across major industries.
Tickers: $CHPT
Topics: financial_results forward-looking_statements investor_relations