ChargePoint Holdings, Inc.

The filing data points to a company that is narrowing its losses while still operating at a loss and with a shrinking equity base. Revenue of $411.22 million in fiscal 2026 was roughly flat to slightly lower, with a 1.4% decline, after $506.64 million in fiscal 2024. Net losses were $220.2 million, $277.07 million, and $457.61 million across the three most recent years, so the trend is toward smaller losses, not profitability. The Beneish M-Score is -3.619, which falls below the -1.78 threshold and is labeled as not in the elevated manipulation-risk zone; this means the Beneish screen did not flag the financial statements for closer review on that basis, though it is a statistical screen, not a finding about intent. The Altman Z-Score is -9.79 and falls in the distress zone, which is the most important forensic signal in this data; this score is a statistical indicator of financial stress rather than a prediction of bankruptcy, but it aligns with the sharp equity decline and the persistent operating losses. The ratio of operating cash flow to net income is 0.29, meaning operating cash flow covered only a small fraction of the reported loss, which indicates that the losses are largely not explained by operating cash outflows alone and that non-cash charges or other items account for much of the gap. The Piotroski F-Score and Fog Index are not on file for this company, so no value is given for either. Because no MD&A or risk-factor text was provided, this synthesis relies only on the reported figures and scores; readers may want to look at the company's 10-K sections on liquidity, going-concern language if any, and debt covenants to understand how management describes the path to sustained positive cash flow.

Catalyst.The most recent fiscal year, ended January 31, 2026, shows ChargePoint Holdings reporting revenues of $411.22 million, down about 1.4% from $417.08 million in the prior fiscal year. Net loss narrowed to $220.2 million from $277.07 million, and operating loss narrowed to $210.14 million from $253 million. Operating cash flow was negative $62.84 million, an improvement from negative $146.95 million a year earlier. The data provided does not include MD&A text, so management's own explanation of these drivers cannot be quoted here; readers may want to look at the MD&A section of the company's 10-K for the stated reasons behind the revenue decline and the cost reductions.

Hidden risk.Stockholders' equity fell to $21.3 million at January 31, 2026, from $137.47 million a year earlier and $327.68 million two years earlier, leaving a thin cushion against $770.95 million of liabilities. Long-term debt stood at $228.48 million. The Altman Z-Score of -9.79 falls in the distress zone, a screening signal that the company's balance sheet and earnings profile warrant close review. Operating cash flow was still negative, and net income remained a loss in every fiscal year shown. Risk-factor text was not provided, so readers may want to look at that section of the 10-K for the company's own description of liquidity needs and debt terms.