ChargePoint (CHPT) 10-Q 9 Sep 24 2025 Q2 Quarterly report Financial data

Cover

Cover - shares	6 Months Ended
	Jul. 31, 2024	Aug. 30, 2024
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Jul. 31, 2024
Document Transition Report	false
Entity File Number	001-39004
Entity Registrant Name	ChargePoint Holdings, Inc.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	84-1747686
Entity Address, Address Line One	240 East Hacienda Avenue
Entity Address, City or Town	Campbell
Entity Address, State or Province	CA
Entity Address, Postal Zip Code	95008
City Area Code	408
Local Phone Number	841-4500
Title of 12(b) Security	Common Stock, par value $0.0001
Trading Symbol	CHPT
Security Exchange Name	NYSE
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		431,580,576
Amendment Flag	false
Document Fiscal Year Focus	2025
Document Fiscal Period Focus	Q2
Current Fiscal Year End Date	--01-31
Entity Central Index Key	0001777393

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Jul. 31, 2024	Jan. 31, 2024
Current assets:
Cash and cash equivalents	$ 243,263	$ 327,410
Restricted cash	400	30,400
Accounts receivable, net of allowance of $15,500 as of July 31, 2024 and $14,000 as of January 31, 2024	111,480	124,049
Inventories	228,519	198,580
Prepaid expenses and other current assets	69,249	62,244
Total current assets	652,911	742,683
Property and equipment, net	39,306	42,446
Intangible assets, net	74,490	80,555
Operating lease right-of-use assets	15,604	15,362
Goodwill	213,757	213,750
Other assets	7,709	8,567
Total assets	1,003,777	1,103,363
Current liabilities:
Accounts payable	71,441	71,081
Accrued and other current liabilities	146,679	159,104
Deferred revenue	102,863	99,968
Total current liabilities	320,983	330,153
Deferred revenue, noncurrent	135,690	131,471
Debt, noncurrent	285,675	283,704
Operating lease liabilities	17,102	17,350
Deferred tax liabilities	11,933	11,252
Other long-term liabilities	1,504	1,757
Total liabilities	772,887	775,687
Commitments and contingencies (Note 7)
Stockholders’ equity:
Common stock: $0.0001 par value; 1,000,000,000 shares authorized as of July 31, 2024 and January 31, 2024; 430,830,553 and 421,116,720 shares issued and outstanding as of July 31, 2024 and January 31, 2024, respectively	43	42
Preferred stock, $0.0001 par value; 10,000,000 shares authorized as of July 31, 2024 and January 31, 2024; 0 issued and outstanding as of July 31, 2024 and January 31, 2024	0	0
Additional paid-in capital	2,001,845	1,957,932
Accumulated other comprehensive loss	(15,953)	(15,926)
Accumulated deficit	(1,755,045)	(1,614,372)
Total stockholders’ equity	230,890	327,676
Total liabilities and stockholders’ equity	$ 1,003,777	$ 1,103,363

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Jul. 31, 2024	Jan. 31, 2024
Current assets:
Allowance for credit loss	$ 15,500	$ 14,000
Stockholders’ equity:
Common stock, par value (USD per share)	$ 0.0001	$ 0.0001
Common stock, shares authorized (in shares)	1,000,000,000	1,000,000,000
Common stock, shares issued (in shares)	430,830,553	421,116,720
Common stock, shares outstanding (in shares)	430,830,553	421,116,720
Preferred stock, par value (USD per share)	$ 0.0001	$ 0.0001
Preferred stock, shares authorized (in shares)	10,000,000	10,000,000
Preferred stock, shares issued (in shares)	0	0
Preferred stock, shares outstanding (in shares)	0	0

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 31, 2024	Jul. 31, 2023	Jul. 31, 2024	Jul. 31, 2023
Revenue
Total revenue	$ 108,539	$ 150,494	$ 215,582	$ 280,523
Cost of revenue
Total cost of revenue	82,954	149,369	166,387	248,863
Gross profit	25,585	1,125	49,195	31,660
Operating expenses
Research and development	36,510	59,642	72,562	109,039
Sales and marketing	36,699	39,671	71,698	76,711
General and administrative	15,122	25,144	34,819	49,164
Total operating expenses	88,331	124,457	179,079	234,914
Loss from operations	(62,746)	(123,332)	(129,884)	(203,254)
Interest income	2,118	1,840	5,326	4,300
Interest expense	(6,560)	(2,926)	(13,171)	(5,853)
Other income (expense), net	(38)	68	(888)	642
Net loss before income taxes	(67,226)	(124,350)	(138,617)	(204,165)
Provision for income taxes	1,648	905	2,056	478
Net loss	$ (68,874)	$ (125,255)	$ (140,673)	$ (204,643)
Weighted average shares outstanding - basic (in shares)	427,532,688	355,876,807	425,434,765	353,008,473
Weighted average shares outstanding - diluted (in shares)	427,532,688	355,876,807	425,434,765	353,008,473
Net loss per share - basic (USD per share)	$ (0.16)	$ (0.35)	$ (0.33)	$ (0.58)
Net loss per share - diluted (USD per share)	$ (0.16)	$ (0.35)	$ (0.33)	$ (0.58)
Networked charging systems
Revenue
Total revenue	$ 64,146	$ 114,574	$ 129,520	$ 212,894
Cost of revenue
Total cost of revenue	59,234	126,961	120,300	207,883
Subscriptions
Revenue
Total revenue	36,191	30,011	69,636	56,376
Cost of revenue
Total cost of revenue	18,558	18,692	36,300	33,497
Other
Revenue
Total revenue	8,202	5,909	16,426	11,253
Cost of revenue
Total cost of revenue	$ 5,162	$ 3,716	$ 9,787	$ 7,483

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Comprehensive Loss - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 31, 2024	Jul. 31, 2023	Jul. 31, 2024	Jul. 31, 2023
Statement of Comprehensive Income [Abstract]
Net loss	$ (68,874)	$ (125,255)	$ (140,673)	$ (204,643)
Other comprehensive income (loss):
Foreign currency translation adjustment	2,047	185	(27)	4,327
Reclassification adjustment for net realized gains on short-term investments included in net income, net of tax	0	0	0	449
Other comprehensive income (loss)	2,047	185	(27)	4,776
Comprehensive loss	$ (66,827)	$ (125,070)	$ (140,700)	$ (199,867)

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Stockholders’ Equity - USD ($) $ in Thousands	Total	Common Stock	Additional Paid-In Capital	Accumulated Other Comprehensive Loss	Accumulated Deficit
Common stock, shares outstanding, beginning balance (in shares) at Jan. 31, 2023		348,330,481
Beginning balance at Jan. 31, 2023	$ 354,992	$ 35	$ 1,528,104	$ (16,384)	$ (1,156,763)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance of common stock under stock plans, net of tax withholding (in shares)		2,278,764
Issuance of common stock under stock plans, net of tax withholding	915		915
Issuance of common stock upon ESPP purchase (in shares)		562,829
Issuance of common stock upon ESPP purchase	4,875		4,875
Issuance of common stock in connection with ATM offerings, net of issuance costs (in shares)		1,909,028
Issuance of common stock in connection with ATM offerings, net of issuance costs	17,516		17,516
Vesting of early exercised stock options	14		14
Stock-based compensation	23,964		23,964
Net loss	(79,388)				(79,388)
Other comprehensive income	4,591			4,591
Common stock, shares outstanding, ending balance (in shares) at Apr. 30, 2023		353,081,102
Ending balance at Apr. 30, 2023	327,479	$ 35	1,575,388	(11,793)	(1,236,151)
Common stock, shares outstanding, beginning balance (in shares) at Jan. 31, 2023		348,330,481
Beginning balance at Jan. 31, 2023	354,992	$ 35	1,528,104	(16,384)	(1,156,763)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net loss	(204,643)
Other comprehensive income	4,776
Common stock, shares outstanding, ending balance (in shares) at Jul. 31, 2023		359,792,252
Ending balance at Jul. 31, 2023	275,220	$ 36	1,648,198	(11,608)	(1,361,406)
Common stock, shares outstanding, beginning balance (in shares) at Apr. 30, 2023		353,081,102
Beginning balance at Apr. 30, 2023	327,479	$ 35	1,575,388	(11,793)	(1,236,151)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance of common stock under stock plans, net of tax withholding (in shares)		2,635,078
Issuance of common stock under stock plans, net of tax withholding	420		420
Issuance of common stock in connection with ATM offerings, net of issuance costs (in shares)		4,076,072
Issuance of common stock in connection with ATM offerings, net of issuance costs	37,284	$ 1	37,283
Vesting of early exercised stock options	8		8
Stock-based compensation	35,099		35,099
Net loss	(125,255)				(125,255)
Other comprehensive income	185			185
Common stock, shares outstanding, ending balance (in shares) at Jul. 31, 2023		359,792,252
Ending balance at Jul. 31, 2023	$ 275,220	$ 36	1,648,198	(11,608)	(1,361,406)
Common stock, shares outstanding, beginning balance (in shares) at Jan. 31, 2024	421,116,720	421,116,720
Beginning balance at Jan. 31, 2024	$ 327,676	$ 42	1,957,932	(15,926)	(1,614,372)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance of common stock under stock plans, net of tax withholding (in shares)		2,163,379
Issuance of common stock under stock plans, net of tax withholding	498	$ 1	497
Issuance of common stock upon ESPP purchase (in shares)		1,853,535
Issuance of common stock upon ESPP purchase	3,025		3,025
Stock-based compensation	20,598		20,598
Net loss	(71,799)				(71,799)
Other comprehensive income	(2,074)			(2,074)
Common stock, shares outstanding, ending balance (in shares) at Apr. 30, 2024		425,133,634
Ending balance at Apr. 30, 2024	$ 277,924	$ 43	1,982,052	(18,000)	(1,686,171)
Common stock, shares outstanding, beginning balance (in shares) at Jan. 31, 2024	421,116,720	421,116,720
Beginning balance at Jan. 31, 2024	$ 327,676	$ 42	1,957,932	(15,926)	(1,614,372)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net loss	(140,673)
Other comprehensive income	$ (27)
Common stock, shares outstanding, ending balance (in shares) at Jul. 31, 2024	430,830,553	430,830,553
Ending balance at Jul. 31, 2024	$ 230,890	$ 43	2,001,845	(15,953)	(1,755,045)
Common stock, shares outstanding, beginning balance (in shares) at Apr. 30, 2024		425,133,634
Beginning balance at Apr. 30, 2024	277,924	$ 43	1,982,052	(18,000)	(1,686,171)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance of common stock under stock plans, net of tax withholding (in shares)		5,696,919
Issuance of common stock under stock plans, net of tax withholding	1,024		1,024
Stock-based compensation	18,769		18,769
Net loss	(68,874)				(68,874)
Other comprehensive income	$ 2,047			2,047
Common stock, shares outstanding, ending balance (in shares) at Jul. 31, 2024	430,830,553	430,830,553
Ending balance at Jul. 31, 2024	$ 230,890	$ 43	$ 2,001,845	$ (15,953)	$ (1,755,045)

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Jul. 31, 2024	Jul. 31, 2023
Cash flows from operating activities
Net loss	$ (140,673)	$ (204,643)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization	14,896	14,018
Non-cash operating lease cost	1,863	2,199
Stock-based compensation	40,369	59,063
Amortization of deferred contract acquisition costs	1,578	1,380
Inventory impairment	0	28,000
Reserves and other	12,683	5,026
Changes in operating assets and liabilities:
Accounts receivable, net	7,636	(40,562)
Inventories	(28,429)	(97,906)
Prepaid expenses and other assets	(8,160)	(12,365)
Accounts payable, operating lease liabilities, and accrued and other liabilities	(22,624)	33,957
Deferred revenue	7,155	21,231
Net cash used in operating activities	(113,706)	(190,602)
Cash flows from investing activities
Purchases of property and equipment	(7,301)	(9,877)
Maturities of investments	0	105,000
Net cash provided by (used in) investing activities	(7,301)	95,123
Cash flows from financing activities
Debt issuance costs related to the revolving credit facility	0	(2,265)
Proceeds from the issuance of common stock under employee equity plans, net of tax withholding	4,548	6,212
Proceeds from issuance of common stock in connection with ATM offerings, net of issuance costs	0	54,799
Change in driver funds and amounts due to customers	2,378	8,839
Settlement of contingent earnout liability	0	(3,537)
Net cash provided by financing activities	6,926	64,048
Effect of exchange rate changes on cash, cash equivalents, and restricted cash	(66)	768
Net decrease in cash, cash equivalents, and restricted cash	(114,147)	(30,663)
Cash, cash equivalents, and restricted cash at beginning of period	357,810	294,562
Cash, cash equivalents, and restricted cash at end of period	243,663	263,899
Supplementary cash flow information
Cash paid for interest	10,366	5,250
Cash paid for taxes	1,185	547
Supplementary cash flow information on noncash investing and financing activities
Right-of-use assets obtained in exchange for lease liabilities	1,897	0
Acquisitions of property and equipment included in accounts payable and accrued and other current liabilities	491	3,041
Vesting of early exercised stock options	0	21
Unpaid debt issuance costs	$ 0	$ 507

Description of Business and Bas

Description of Business and Basis of Presentation	6 Months Ended
	Jul. 31, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Description of Business and Basis of Presentation	Description of Business and Basis of Presentation ChargePoint Holdings, Inc. (“ChargePoint” or the “Company,” “it,” “its”) designs, develops and markets networked electric vehicle (“EV”) charging system infrastructure (“Networked Charging Systems”), connected through cloud-based services (“Cloud” or “Cloud Services”) which (i) enable charging system owners, or hosts, to manage their Networked Charging Systems, and (ii) enable drivers to locate, reserve and authenticate Networked Charging Systems, and to transact EV charging sessions on those systems. ChargePoint’s Networked Charging Systems, subscriptions and other offerings provide an open platform that integrates with system hardware from ChargePoint and other manufacturers, connecting systems over an intelligent network that provides real-time information about charging sessions and full control, support and management of the Networked Charging Systems. This network also provides multiple web-based portals for charging system owners, fleet managers, drivers and utilities. In addition, the Company offers a range of extended warranties (“Assure”), as well as its ChargePoint as a Service (“CPaaS”) program which bundles use of ChargePoint owned and operated systems with Cloud Services, Assure and other benefits into one subscription. The Company’s fiscal year ends on January 31. References to fiscal year 2024 relate to the fiscal year ended January 31, 2024 and to fiscal year 2025 refer to the fiscal year ending January 31, 2025. Basis of Presentation The condensed consolidated financial statements and accompanying notes are unaudited and have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) and regulations of the U.S. Securities and Exchange Commission (“SEC”) for interim financial reporting. The Company’s condensed consolidated financial statements include the accounts of the Company and its wholly-owned subsidiaries. All intercompany transactions and balances have been eliminated upon consolidation. Certain information and footnote disclosures normally included in consolidated financial statements prepared in accordance with U.S. GAAP have been condensed or omitted pursuant to such rules and regulations. Accordingly, these condensed consolidated financial statements should be read in conjunction with the audited consolidated financial statements and related notes for the year ended January 31, 2024 included in the Company’s Annual Report on Form 10-K filed with the SEC on April 1, 2024, which provides a more complete discussion of the Company’s accounting policies and certain other information. The information as of January 31, 2024, included on the condensed consolidated balance sheets was derived from the Company’s audited consolidated financial statements. The condensed consolidated financial statements were prepared on the same basis as the audited consolidated financial statements and, in the opinion of management, reflect all adjustments, which include only normal recurring adjustments necessary for a fair statement of the Company’s financial position as of July 31, 2024, the results of operations for the three and six months ended July 31, 2024 and 2023, and cash flows for the six months ended July 31, 2024 and 2023. The results of operations for the three and six months ended July 31, 2024, are not necessarily indicative of the results that may be expected for the year ending January 31, 2025. The Company’s condensed consolidated financial statements have been prepared on the basis of continuity of operations, the realization of assets, and the satisfaction of liabilities in the ordinary course of business. Since inception, the Company has been engaged in developing and marketing its Networked Charging Systems, subscriptions and other offerings, raising capital, and recruiting personnel and it has incurred net operating losses and negative cash flows from operations in every year since inception and expects this to continue for the foreseeable future. As of July 31, 2024, the Company had an accumulated deficit of $1,755.0 million. The Company has funded its operations primarily with proceeds from customer payments, the issuance of redeemable convertible preferred stock, convertible notes, exercise proceeds from options and warrants, borrowings under loan facilities, proceeds from sale of Common Stock under the ATM Facility (as defined in Note 8, Common Stock ), and proceeds from the Reverse Recapitalization (as defined below). The Company had cash and cash equivalents and restricted cash of $243.7 million as of July 31, 2024. Cash outflow from operations was $113.7 million and $190.6 million for the six months ended July 31, 2024 and 2023, respectively. As of September 9, 2024, the date on which these condensed consolidated financial statements were issued, the Company believes that its cash on hand, together with cash generated from sales to customers, will satisfy its working capital and capital requirements for at least the next twelve months. The Company’s assessment of the period of time its financial resources will be adequate to support its operations is a forward-looking statement and involves risks and uncertainties. The Company’s actual results could vary as a result of, and its near- and long-term future capital requirements will depend on, many factors, including its growth rate, subscription renewal activity, the timing and extent of spending to support its acquisitions, infrastructure and research and development efforts, the expansion of sales and marketing activities, the timing of new introductions of products or features, the continuing market adoption of its Networked Charging Systems and Cloud Services platform, and the overall market acceptance of EVs. The Company has and may in the future enter into arrangements to acquire or invest in complementary businesses, services and technologies, including intellectual property rights. The Company has based its estimates on assumptions that may prove to be wrong, and it could use its available capital resources sooner than it currently expects. The Company may be required to seek additional equity or debt financing. Future liquidity and cash requirements will depend on numerous factors, including market penetration, the introduction of new products, and potential acquisitions of related businesses or technology. If additional financing is required from outside sources, the Company may not be able to raise it on acceptable terms or at all. If the Company is unable to raise additional capital when desired, or if it cannot expand its operations or otherwise capitalize on its business opportunities because it lacks sufficient capital, the Company may need to reorganize its operations including through further reductions in its workforce and its business, operating results and financial condition would be materially adversely affected. Reverse Recapitalization On February 26, 2021, Lightning Merger Sub Inc., a wholly-owned subsidiary of Switchback Energy Acquisition Corporation (“Switchback”), merged with ChargePoint, Inc. (“Legacy ChargePoint”), with Legacy ChargePoint surviving as a wholly-owned subsidiary of Switchback (the “Merger”). The Merger was accounted for as a reverse capitalization in accordance with U.S. GAAP (“Reverse Recapitalization”). As a result of the Merger, Switchback was renamed “ChargePoint Holdings, Inc.” Immediately prior to the closing of the Merger (the “Closing”), Legacy ChargePoint’s outstanding series of redeemable convertible preferred stock were converted to Legacy ChargePoint common stock, which then converted to the Company’s common stock (“Common Stock”).

Summary of Significant Accounti

Summary of Significant Accounting Policies	6 Months Ended
	Jul. 31, 2024
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Summary of Significant Accounting Policies Other than policies noted below, there have been no significant changes to the significant accounting policies disclosed in Note 2 of the audited consolidated financial statements as of January 31, 2024 and 2023 and for the years ended January 31, 2024, 2023 and 2022 included in ChargePoint’s Annual Report on Form 10-K filed with the SEC on April 1, 2024. Use of Estimates The preparation of the accompanying condensed consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions about future events. These estimates and the underlying assumptions affect the amounts of assets and liabilities reported, disclosures about contingent assets and liabilities, and reported amounts of revenue and expenses. Actual results and outcomes could differ significantly from the Company’s estimates, judgments and assumptions. Significant estimates include determining standalone selling price for performance obligations in contracts with customers, the estimated expected benefit period for deferred contract acquisition costs, allowances for expected credit losses, inventory reserves, loss on purchase commitment, the useful lives of long-lived assets, the determination of the incremental borrowing rate used for operating lease liabilities, valuation of acquired goodwill and intangible assets, and other assumptions used to measure stock-based compensation, and the valuation of deferred income tax assets and uncertain tax positions. These estimates and assumptions are based on management’s best estimates and judgment. Management evaluates its estimates and assumptions on an ongoing basis using historical experience and other factors, including the current economic environment, which management believes to be reasonable under the circumstances. The Company adjusts such estimates and assumptions when facts and circumstances dictate. Changes in those estimates resulting from continuing changes in the economic environment will be reflected in the financial statements in future periods. As future events and their effects cannot be determined with precision, actual results could materially differ from those estimates and assumptions. Concentration of Credit Risk and Other Risks and Uncertainties Financial instruments that potentially subject the Company to credit risk consist primarily of cash and cash equivalents and accounts receivable. Cash and cash equivalents are held in domestic and foreign cash accounts across large, creditworthy financial institutions. The Company has not experienced any losses on its deposits of cash and cash equivalents through deposits with federally insured commercial banks and at times cash deposit balances may be in excess of federal insurance limits. Accounts receivable are stated at the amount the Company expects to collect. The Company generally does not require collateral or other security in support of accounts receivable. To reduce credit risk, management performs ongoing credit evaluations of its customers’ financial condition. Concentration of credit risk with respect to trade accounts receivable is considered to be limited due to the diversity of the Company’s customer base and geographic sales areas. As of July 31, 2024, no customer individually accounted for 10% or more of accounts receivable, net. As of January 31, 2024, one customer individually accounted for 10% or more of accounts receivable, net. For the three and six months ended July 31, 2024, no customer individually represented 10% or more of total revenue. For the three and six months ended July 31, 2023, no customer individually represented 10% or more of total revenue. The Company’s revenue is concentrated in the infrastructure needed for charging EVs, an industry which is highly competitive and rapidly changing. Significant technological changes within the industry or customer requirements, or the emergence of competitive products with new capabilities or technologies, could adversely affect the Company’s business, operating results and financial condition. Segment Reporting Operating segments are defined as components of an entity where discrete financial information is evaluated regularly by the chief decision maker (“CODM”). The Company operates as one operating segment because its Chief Executive Officer, as the Company’s CODM, reviews its financial information on a consolidated basis for purposes of making decisions regarding allocating resources and assessing performance. The Company has no segment managers who are held accountable by the CODM for operations, operating results, and planning for levels of components below the consolidated unit level. Cash, Cash Equivalents, and Restricted Cash The Company considers all highly liquid investments with an original maturity of three months or less, when purchased, to be cash equivalents. Cash equivalents may be invested in money market funds. Cash and cash equivalents are carried at cost, which approximates their fair value. Restricted cash relates to cash deposits restricted under letters of credit issued in support of customer and contract manufacturer agreements. The reconciliation of cash, cash equivalents, and restricted cash to amounts presented in the condensed consolidated statements of cash flows was as follows: July 31, January 31, (in thousands) Cash and cash equivalents $ 243,263 $ 327,410 Restricted cash 400 30,400 Total cash, cash equivalents, and restricted cash $ 243,663 $ 357,810 Fair Value of Financial Instruments Fair value is defined as an exchange price that would be received to sell an asset or paid to transfer a liability in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants. Assets and liabilities measured at fair value are classified into the following categories based on the inputs used to measure fair value: • (Level 1) — Quoted prices in active markets for identical assets or liabilities that the Company has the ability to access at the measurement date; • (Level 2) — Inputs other than quoted prices in active markets that are observable for the asset or liability, either directly or indirectly; and • (Level 3) — Inputs that are unobservable for the asset or liability. The Company classifies financial instruments in Level 3 of the fair value hierarchy when there is reliance on at least one significant unobservable input to the valuation model. In addition to these unobservable inputs, the valuation models for Level 3 financial instruments typically also rely on a number of inputs that are readily observable, either directly or indirectly. The Company’s assessment of a particular input to the fair value measurement requires management to make judgments and consider factors specific to the asset or liability. The fair value hierarchy requires the use of observable market data when available in determining fair value. The Company recognizes transfers between levels within the fair value hierarchy, if any, at the end of each period. There were no transfers between levels during the periods presented. The Company had no material non-financial assets valued on a non-recurring basis that resulted in an impairment in any period presented. The carrying values of the Company’s cash equivalents, accounts receivable, net, accounts payable, and accrued and other current liabilities approximate fair value based on the highly liquid, short-term nature of these instruments. Revenue Recognition ChargePoint accounts for revenue in accordance with ASC 606, Revenue from Contracts with Customers (“ASC 606”). The Company recognizes revenue using the following five-step model as prescribed by ASC 606: • Identification of the contract, or contracts, with a customer; • Identification of the performance obligations in the contract; • Determination of the transaction price; • Allocation of the transaction price to the performance obligations in the contract; and • Recognition of revenue when, or as, the Company satisfies a performance obligation. Significant judgment and estimates are necessary for the allocation of the proceeds received from an arrangement to the multiple performance obligations and the appropriate timing of revenue recognition. The Company enters into contracts with customers that regularly include promises to transfer multiple products and services, such as Networked Charging Systems, software subscriptions, extended maintenance, and professional services. For arrangements with multiple products or services, the Company evaluates whether the individual products or services qualify as distinct performance obligations. In its assessment of whether products or services are a distinct performance obligation, the Company determines whether the customer can benefit from the product or service on its own or with other readily available resources and whether the service is separately identifiable from other products or services in the contract. This evaluation requires the Company to assess the nature of each of its Networked Charging Systems, subscriptions, and other offerings and how each is provided in the context of the contract, including whether they are significantly integrated which may require judgment based on the facts and circumstances of the contract. The transaction price for each contract is determined based on the amount the Company expects to be entitled to receive in exchange for transferring the promised products or services to the customer. Collectability of revenue is reasonably assured based on historical evidence of collectability of fees the Company charges its customers. The transaction price in the contract is allocated to each distinct performance obligation in an amount that represents the relative amount of consideration expected to be received in exchange for satisfying each performance obligation. Revenue is recognized when performance obligations are satisfied. Revenue is recorded based on the transaction price excluding amounts collected on behalf of third parties such as sales taxes, which are collected on behalf of and remitted to governmental authorities, or driver fees, collected on behalf of customers who offer public charging for a fee. When agreements involve multiple distinct performance obligations, the Company accounts for individual performance obligations separately if they are distinct. The Company applies significant judgment in identifying and accounting for each performance obligation, as a result of evaluating terms and conditions in contracts. The transaction price is allocated to the separate performance obligations on a relative standalone selling price (“SSP”) basis. The Company determines SSP based on observable standalone selling price when it is available, as well as other factors, including the price charged to its customers, its discounting practices, and its overall pricing objectives, while maximizing observable inputs. In situations where pricing is highly variable, or a product is never sold on a stand-alone basis, the Company estimates the SSP using the residual approach. The Company usually bills its customers at the onset of the arrangement for both the products and a predetermined period of time for services. Contracts for services typically range from annual to multi-year agreements with typical payment terms of 30 to 90 days. Networked Charging Systems revenue Networked Charging Systems revenue includes revenue related to the deliveries of EV charging system infrastructure and fees received for transferring regulatory credits earned for participating in low carbon fuel programs in jurisdictions with such programs. The Company recognizes revenue from sales of Networked Charging Systems upon shipment to distributors, resellers or direct sales customers as these customers obtain title and control over these products. Revenue is adjusted for estimated returns. Revenue from regulatory credits is recognized at the point in time the regulatory credits are transferred. Subscriptions revenue Subscriptions revenue consists of services related to Cloud, as well as extended maintenance service plans under Assure. Subscriptions revenue is recognized over time on a straight-line basis as the Company has a stand-ready obligation to deliver such services to the customer. Subscriptions revenue also consists of CPaaS revenue, which combines the customer’s use of the Company’s owned and operated systems with Cloud and Assure programs into a single subscription. CPaaS subscriptions are considered for accounting purposes to contain a lease for the customer’s use of the Company’s owned and operated systems unless the location allows the Company to receive incremental economic benefit from regulatory credits earned on that owned and operated system. The leasing arrangements the Company enters into with lessees are operating leases. The Company recognizes operating lease revenue on a straight-line basis over the lease term and expenses deferred initial direct costs on the same basis. Lessor revenue relates to operating leases and historically has not been material. Other revenue Other revenue consists of charging related fees received from drivers using charging sites owned and operated by the Company, net transaction fees earned for processing payments collected on driver charging sessions at charging sites owned by ChargePoint customers, and other professional services. Revenue from fees for owned and operated sites is recognized over time on a straight-line basis over the performance period of the service contract as the Company has a stand-ready obligation to deliver such services. Revenue from driver charging sessions and charging transaction fees is recognized at the point in time the charging session or transaction is completed. Revenue from professional services is recognized as the services are rendered. Accounting Pronouncements Recent Issued Accounting Standards Not Yet Adopted In November 2023, the Financial Accounting Standards Board (“FASB”) issued ASU No. 2023-07, “ Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures,” (“ASU 2023-07”) which amends and enhances the disclosure requirements for reportable segments, primarily through enhanced disclosures about significant segment expenses and information used to assess segment performance. All disclosure requirements under this standard will also be required for public entities with a single reportable segment. The guidance is effective for public business entities for the fiscal years beginning after December 15, 2023, including interim periods within fiscal years beginning after December 15, 2024. The Company plans to adopt ASU 2023-07 and conform with applicable disclosures retrospectively when it becomes mandatorily effective for the Annual Report on Form 10-K for the year ending January 31, 2025. In December 2023, the FASB issued ASU No. 2023-09, “ Income Taxes (Topic 740): Improvements to Income Tax Disclosures,” which requires companies to provide disaggregated information about a reporting entity’s effective tax rate reconciliation as well as further disaggregation on income taxes paid disclosure by federal, state, and foreign taxes. The guidance is effective for public business entities for the fiscal years beginning after December 15, 2024. The Company is currently assessing the impact of adopting this standard on the condensed consolidated financial statements and related disclosures.

Goodwill and Intangible Assets

Goodwill and Intangible Assets	6 Months Ended
	Jul. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Intangible Assets	Goodwill and Intangible Assets The following table summarizes the changes in carrying amounts of goodwill (in thousands): Balance as of January 31, 2024 $ 213,750 Foreign exchange fluctuations 7 Balance as of July 31, 2024 $ 213,757 There was no impairment recognized for the three and six months ended July 31, 2024 and 2023. The following table presents the details of intangible assets: July 31, 2024 Cost (1) Accumulated Amortization (1) Net (1) Useful Life (amounts in thousands, useful lives in years) Customer relationships $ 90,759 $ (25,840) $ 64,919 10 Developed technology 18,358 (8,787) 9,571 6 $ 109,117 $ (34,627) $ 74,490 _______________ (1) Values are translated into U.S. Dollars at period-end foreign exchange rates. January 31, 2024 Cost (1) Accumulated Amortization (1) Net (1) Useful Life (amounts in thousands, useful lives in years) Customer relationships $ 90,755 $ (21,301) $ 69,454 10 Developed technology 18,358 (7,257) 11,101 6 $ 109,113 $ (28,558) $ 80,555 _______________ (1) Values are translated into U.S. Dollars at period-end foreign exchange rates. Amortization expense for customer relationships and developed technology is shown as sales and marketing and cost of revenue, respectively, in the condensed consolidated statements of operations. The acquired intangible assets and goodwill are subject to impairment review at least annually on December 31st. Acquisition-related intangible assets included in the above table are finite-lived and are carried at cost less accumulated amortization. Intangible assets are being amortized on a straight-line basis over their estimated lives, which approximates the pattern in which the economic benefits of the intangible assets are expected to be realized. The following table presents the amortization expense related to intangible assets: Three Months Ended Six Months Ended 2024 2023 2024 2023 (in thousands) Amortization expense $ 3,028 $ 3,039 $ 6,051 $ 6,077

Composition of Certain Financia

Composition of Certain Financial Statement Items	6 Months Ended
	Jul. 31, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Composition of Certain Financial Statement Items	Composition of Certain Financial Statement Items Inventories Inventories consisted of the following: July 31, January 31, (in thousands) Raw materials $ 9,676 $ 5,322 Finished goods and components 218,843 193,258 Total Inventories $ 228,519 $ 198,580 Prepaid expense and other current assets Prepaid expense and other current assets consisted of the following: July 31, January 31, (in thousands) Prepaid expense $ 46,941 $ 43,389 Other current assets 22,308 18,855 Total Prepaid Expense and Other Current Assets $ 69,249 $ 62,244 Property and Equipment, net Property and equipment, net consisted of the following: July 31, January 31, (in thousands) Furniture and fixtures $ 1,720 $ 1,718 Computers and software 9,310 8,520 Machinery and equipment 38,482 35,954 Tooling 16,219 15,852 Leasehold improvements 9,970 9,828 Owned and operated systems 29,615 27,723 Construction in progress 1,702 2,310 107,018 101,905 Less: Accumulated depreciation (67,712) (59,459) Total Property and Equipment, Net $ 39,306 $ 42,446 The following table presents the depreciation expense: Three Months Ended Six Months Ended 2024 2023 2024 2023 (in thousands) Depreciation expense 4,423 3,925 8,844 7,941 Accrued and Other Current Liabilities Accrued and other current liabilities consisted of the following: July 31, January 31, (in thousands) Accrued expenses $ 36,175 $ 51,399 Accrued losses on purchase commitments 27,547 30,054 Refundable customer deposits 16,875 16,588 Payroll and related expenses 13,981 16,018 Taxes payable 17,615 14,294 Other current liabilities 34,486 30,751 Total Accrued and Other Current Liabilities $ 146,679 $ 159,104 Revenue Revenue consisted of the following: Three Months Ended Six Months Ended 2024 2023 2024 2023 (in thousands) United States $ 76,818 $ 112,960 $ 155,633 $ 210,091 Rest of World 31,721 37,534 59,949 70,432 Total revenue $ 108,539 $ 150,494 $ 215,582 $ 280,523 Deferred Revenue The following table shows the total deferred revenue for each period presented. July 31, January 31, (in thousands) Deferred revenue 238,553 231,439 The following table shows the revenue recognized that was included in the deferred revenue balance at the beginning of the period. Three Months Ended Six Months Ended 2024 2023 2024 2023 (in thousands) Deferred revenue recognized $ 27,975 $ 24,418 $ 59,777 $ 50,432 Remaining Performance Obligations Remaining performance obligations represent the amount of contracted future revenue not yet recognized as the amounts relate to undelivered performance obligations, including both deferred revenue and non-cancellable contracted amounts that will be invoiced and recognized as revenue in future periods. Revenue expected to be recognized from remaining performance obligations was $260.6 million as of July 31, 2024, of which 43% is expected to be recognized over the next twelve months.

Restructuring Charges

Restructuring Charges	6 Months Ended
	Jul. 31, 2024
Restructuring and Related Activities [Abstract]
Restructuring Charges	Restructuring Charges January 2024 Reorganization In January 2024, the Company implemented a reorganization plan to reduce its operating expenses and further increase efficiencies (the “January 2024 Reorganization”). The January 2024 Reorganization entailed a reduction in force of approximately 223 employees, or 12% of the Company’s global workforce at the time and other actions to reduce expenses. As a result, in the fourth quarter of fiscal year 2024, the Company incurred $9.9 million of employee severance, termination and employment-related exit costs and $2.7 million of facility exit costs, including impairment charges and accelerated depreciation of right-of-use assets. During the three and six months ended July 31, 2024, no further restructuring charges related to the January 2024 Reorganization were incurred. The following table summarizes the charges by line item within the Company’s consolidated statements of operations where they were recorded in the fiscal year ended January 31, 2024: Severance and employment-related termination costs Facility and other contract terminations Total (in thousands) Cost of revenue $ 632 $ — $ 632 Research and development 7,540 — 7,540 Sales and marketing 500 — 500 General and administrative 1,274 2,708 3,982 Total $ 9,946 $ 2,708 $ 12,654 During the three and six months ended July 31, 2024, changes to the restructuring-related liabilities were primarily due to cash disbursements of severance and employment-related exit costs and facility exit costs. As of July 31, 2024, there were $1.5 million of restructuring-related liabilities, including $1.4 million in severance and employment-related exit costs and $0.1 million in facility exit cost. As of January 31, 2024, restructuring-related liabilities were $10.6 million, including $10.2 million in severance and employment-related exit costs and $0.4 million in facility exit costs. September 2023 Reorganization In September 2023, the Company implemented a reorganization plan to reduce its operating expenses and increase efficiencies (the “September 2023 Reorganization”). The September 2023 Reorganization entailed a reduction in force of approximately 168 employees, or 10% of the Company’s global workforce at the time and other actions to reduce expense. As a result, in the third quarter of fiscal year 2024, the Company incurred $15.6 million of employee severance and employment-related termination costs, and facility and other contract termination charges. During the three and six months ended July 31, 2024, no further restructuring charges related to the September 2023 Reorganization were incurred. The following table summarizes the charges by line item within the Company’s consolidated statements of operations where they were recorded in the fiscal year ended January 31, 2024: Severance and employment-related termination costs Facility and other contract terminations Total (in thousands) Cost of revenue $ 996 $ — $ 996 Research and development 4,183 — 4,183 Sales and marketing 1,343 — 1,343 General and administrative 890 8,189 9,079 Total $ 7,412 $ 8,189 $ 15,601 During the three and six months ended July 31, 2024, changes to the restructuring-related liabilities were primarily due to cash disbursements of severance and employment-related exit costs. As of July 31, 2024, there were $0.4 million in restructuring-related liabilities. As of January 31, 2024, there were $0.5 million restructuring-related liabilities.

Debt

Debt	6 Months Ended
	Jul. 31, 2024
Debt Disclosure [Abstract]
Debt	Debt The following table presents the Company’s convertible debt outstanding: July 31, January 31, 2024 (in thousands) Gross amount $ 300,000 $ 300,000 Debt discount and issuance costs (14,325) (16,296) Carrying amount $ 285,675 $ 283,704 Estimated fair value (Level 2 Inputs) $ 217,000 $ 211,000 The following table presents the Company’s interest expense: Three Months Ended Six Months Ended 2024 2023 2024 2023 (in thousands) 2028 Convertible Notes Contractual interest expense $ 5,250 $ 2,625 $ 10,515 $ 5,250 Amortization of debt discount and issuance costs 985 301 1,970 603 2027 Revolving Credit Facility Amortization of debt issuance costs 212 — 423 — Commitment fees 153 — 303 — Total interest expense $ 6,600 $ 2,926 $ 13,211 $ 5,853 2028 Convertible Notes In April 2022, the Company completed a private placement of $300.0 million aggregate principal amount of unsecured Convertible Senior PIK Toggle Notes (the “Original Convertible Notes”), the terms of which were amended in October 2023, as described below (the “Notes Amendment”). Prior to the Notes Amendment, the maturity date of the Original Convertible Notes was April 1, 2027. The Original Convertible Notes were sold in a private placement in reliance on the exemption from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”) provided by Section 4(a)(2) of the Securities Act . The net proceeds from the sale of the Original Convertible Notes were approximately $294.0 million after deducting initial purchaser discounts and commissions and the Company’s offering expenses. The debt discount and issuance costs, net of accumulated amortization, are reported as a direct deduction from the face amount of the Original Convertible Notes. The Company expects to use the net proceeds for general corporate purposes. Prior to the Notes Amendment, the Original Convertible Notes bore interest at 3.50% per annum, to the extent paid in cash (“Cash Interest”), or 5.00% per annum, to the extent paid in kind through the issuance of additional Original Convertible Notes (“PIK Interest”). Interest is payable semi-annually in arrears on April 1st and October 1st of each year, beginning on October 1, 2022. The Company can elect to make any interest payment through Cash Interest, PIK Interest or any combination thereof. The Original Convertible Notes are convertible, based on the applicable conversion rate, into cash, shares of the Company’s Common Stock or a combination thereof, at the Company’s election. The initial conversion rate was 41.6119 shares per $1,000 principal amount of the Original Convertible Notes, subject to customary anti-dilution adjustment in certain circumstances, which represented an initial conversion price of approximately $24.03 per share. Under the terms of the Original Convertible Notes, prior to January 1, 2027, the Original Convertible Notes will be convertible at the option of the holders only upon the occurrence of specified events and during certain periods, and will be convertible on or after January 1, 2027, at any time until the close of business on the second scheduled trading day immediately preceding the maturity date of the Original Convertible Notes. Holders of the Original Convertible Notes may convert all or a portion of their Original Convertible Notes prior to the close of business on January 1, 2027, only under the following circumstances: • during any calendar quarter commencing after the calendar quarter ended on September 30, 2022, if the Company’s closing Common Stock price for at least 20 trading days out of the most recent 30 consecutive trading days of the preceding calendar quarter is greater than or equal to 130% of the current conversion price of the Original Convertible Notes on each applicable trading day; • during the five business day period after any ten consecutive trading days in which, if the trading price per $1,000 principal amount of Original Convertible Notes for each trading day of such ten consecutive trading day period is less than 98% of the product of the Company’s closing Common Stock price and the conversion rate of the Original Convertible Notes on each such trading day; • if the Company calls the Original Convertible Notes for redemption, at any time prior to the close of business on the second business day immediately preceding the redemption date; or • upon the occurrence of specified corporate events, including certain distributions, the occurrence of a fundamental change or a transaction resulting in the Company’s Common Stock converting into other securities or property or assets. The Original Convertible Notes will be redeemable, in whole or in part, at the Company’s option at any time on or after April 21, 2025, and before the 41st scheduled trading day immediately before the maturity date. The redemption price will be equal to the aggregate principal amount of the Original Convertible Notes to be redeemed, plus accrued and unpaid interest, if any, to, but excluding, the redemption date. In addition, a holder may elect to convert its Original Convertible Notes during any such redemption period, in which case the applicable conversion rate may be increased in certain circumstances if the Original Convertible Notes are converted after they are called for redemption. Additionally, if the Company undergoes a fundamental change or a change in control transaction (each such term as defined in the indenture governing the Original Convertible Notes), subject to certain conditions, holders may require the Company to purchase for cash all or any portion of their Original Convertible Notes. The fundamental change repurchase price will be 100% of the capitalized principal amount of the Original Convertible Notes, while the change in control repurchase price will be 125% of the capitalized principal amount of the Original Convertible Notes to be purchased, in each case plus any accrued and unpaid interest to, but excluding, the repurchase date. The indenture governing the Original Convertible Notes includes a restrictive covenant that, subject to specified exceptions, limits the ability of the Company and its subsidiaries to incur secured debt in excess of $750.0 million. In addition, the indenture governing the Original Convertible Notes contains customary terms and covenants, including certain events of default in which case either the trustee or the holders of at least 25% of the aggregate principal amount of the outstanding Original Convertible Notes may declare 100% of the principal of, and accrued and unpaid interest, if any, on, all the Original Convertible Notes to be due and payable immediately. On October 24, 2023, the Original Convertible Notes were amended to (1) extend the maturity date from April 1, 2027 to April 1, 2028, (2) increase the Cash Interest rate to 7.0% from 3.5% and PIK Interest rate to 8.5% from 5.0%, (3) increase the initial conversion rate to 83.333 shares per $1,000 principal amount of the convertible notes from 41.6119 shares per $1,000 principal amount of the convertible notes, which represented a revised initial conversion price of approximately $12.00 per share, and (4) revise the make-whole table to reflect the revised terms of the convertible notes (herein, “2028 Convertible Notes”). Other than those previously stated, the terms of the 2028 Convertible Notes are not substantially different from the terms of Original Convertible Notes. The Company assessed the Notes Amendment for a debt extinguishment or modification in accordance with ASC 470-50, Debt Modifications and Extinguishments . As both the change in net present value of future cash flows of the 2028 Convertible Notes to that of the Original Convertible Notes and the change in fair value of the embedded conversion option of the 2028 Convertible Notes to that of the carrying value of the Original Convertible Notes immediately before modification resulted in a less than 10% change, the amendment is regarded as a modification. The resulting increase in fair value of the embedded conversion option is recorded as an increase in debt discount, a contra-liability account, as well as the corresponding entry to additional paid-in-capital, in the condensed consolidated balance sheets. Legal fees and other costs incurred with third parties that were directly related to the debt modification were expensed as incurred. As of July 31, 2024, the effective interest rate on the 2028 Convertible Notes was approximately 8.59%. Amortization of debt discount and issuance costs is reported as a component of interest expenses and is computed using the straight-line method over the term of the 2028 Convertible Notes, which approximates the effective interest method. The estimated fair value of the 2028 Convertible Notes, valued using Level 2 fair value inputs, as of July 31, 2024 and January 31, 2024 was $217.0 million and $211.0 million, respectively. 2027 Revolving Credit Facility On July 27, 2023, the Company entered into a revolving credit agreement by and among the Company, ChargePoint, Inc. (the “Borrower”), certain subsidiaries of the Borrower as guarantors (the “Subsidiary Guarantors”), JPMorgan Chase Bank, N.A., as administrative agent, and the other lenders party thereto (the “Credit Agreement”). The Credit Agreement provides for senior secured revolving credit facility in an initial aggregate principal amount of up to $150.0 million, with a maturity date of January 1, 2027 (the “2027 Revolving Credit Facility”). Pursuant to the Credit Agreement, the Borrower may from time to time arrange for one or more increases in the commitments under the 2027 Revolving Credit Facility in an aggregate principal amount not to exceed $150.0 million, subject to obtaining the consent of the lenders participating in any such increase. Up to $100.0 million of the 2027 Revolving Credit Facility may be used for the issuance of letters of credit. The obligations of the Borrower under the Credit Agreement are guaranteed by the Company and the Subsidiary Guarantors and secured by a first priority pledge of the equity securities of the Borrower and certain of its subsidiaries and first priority security interests in substantially all tangible and intangible personal property, including intellectual property, of the Company, the Borrower and each Subsidiary Guarantor, subject to customary exceptions and limitations. The Credit Agreement contains negative covenants that, among other things, restrict the ability of the Company, the Borrower and its subsidiaries, as applicable, to incur additional indebtedness, incur additional liens, make investments or acquisitions, make dividends, distributions, or other restricted payments, dispose of property, and enter into transactions with affiliates, in each case subject to certain dollar baskets and customary carveouts, as well as customary events of default. In addition, the Credit Agreement requires the Borrower to comply with a minimum total liquidity covenant to be not less than 150% of the aggregate amount of the lender’s commitment under the Credit Agreement (“Total Liquidity”) which requires the Borrower to maintain, at all times, Total Liquidity equal to the sum of cash and cash equivalents held by the Borrower and the other loan parties at controlled accounts with the initial lenders under the Credit Agreement plus the aggregate unused amount of the commitments then available to be drawn under the 2027 Revolving Credit Facility. Borrowings under the 2027 Revolving Credit Facility may be denominated in U.S. dollars, Euros, or Pound Sterling. At the Company’s option, borrowings may bear interest at a rate per annum equal to either (a) an alternate base rate (for borrowings in U.S. dollars) plus a rate per annum of 1.75%, (b) an adjusted SOFR term rate (for borrowings in U.S. dollars) plus a rate per annum of 2.75%, (c) an adjusted EURIBOR rate (for borrowings in Euros) plus a rate per annum of 2.75%, or (d) a daily simple “risk-free” rate (for borrowings in Pounds Sterling) plus a rate per annum of 2.75%. The Company will pay commitment fees on the average daily unused amount of the 2027 Revolving Credit Facility at a rate per annum of 0.40%. In addition, the Company will also pay participation fees on the average daily undrawn amount of outstanding letters of credit at a rate per annum of 2.25%. In October 2023, the Company entered into an amendment to the Credit Agreement to, among other things, permit the Company to complete the Notes Amendment (as described above). As of July 31, 2024, the Borrower had no borrowings outstanding under the 2027 Revolving Credit Facility. The Borrower also had no letters of credit outstanding under the Credit Agreement as of July 31, 2024, and as a result, had a borrowing capacity of up to $150.0 million.

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
	Jul. 31, 2024
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Purchase Commitments Open purchase commitments are for the purchase of goods and services related to, but not limited to, manufacturing, facilities and professional services under non-cancellable contracts. No open purchase commitments were recorded as liabilities on the condensed consolidated balance sheets as of July 31, 2024 as the Company had not yet received the related goods or services. Legal Proceedings The Company may be involved in various lawsuits, claims, and proceedings, including intellectual property, commercial, securities, and employment matters that arise in the normal course of business. The Company accrues a liability when management believes information available prior to the issuance of the condensed consolidated financial statements indicates it is probable a loss has been incurred as of the date of the condensed consolidated financial statements and the amount of loss can be reasonably estimated. The Company adjusts its accruals to reflect the impact of negotiations, settlements, rulings, advice of legal counsel, and other information and events pertaining to a particular case. Legal costs are expensed as incurred. Class Action Litigation A class action lawsuit alleging violations of federal securities laws was filed on November 29, 2023 in the U.S. District Court for the Northern District of California against the Company and certain of its former officers (the “Class Defendants”). A second class action lawsuit (together with the November 2023 Class Action, the “Class Actions”) was filed against the Class Defendants on January 22, 2024. On May 16, 2024, the Court consolidated the Class Actions into one action captioned Khan v. ChargePoint Holdings, Inc., et al., Case No. 23-cv-06172-EKL, appointed two lead plaintiffs, and appointed lead counsel. On July 19, 2024, Lead Plaintiffs filed a Consolidated Amended Complaint which purports to be on behalf of purchasers of the Company’s stock between December 7, 2021 and November 16, 2023. This Consolidated Amended Complaint alleges that the Class Defendants made materially false and misleading statements in violation of Section 10(b) and Rule 10(b)-5 of the Securities and Exchange Act regarding, (1) ChargePoint’s handling of supply chain disruptions; (2) ChargePoint’s revenue; and (3) the value of ChargePoint’s inventory. Lead Plaintiffs also allege the Class Defendants engaged in a scheme to prematurely recognize revenue in violation of Sections 10(a) and (c) of the Securities and Exchange Act. Class Defendants’ deadline to respond to or file a motion to dismiss the Consolidated Amended Complaint is September 17, 2024 with additional briefing to follow. Derivative Actions On January 5, 2024, a ChargePoint stockholder purporting to act on behalf of the Company filed an action in the U.S. District Court for the District of Delaware against ChargePoint’s Board of Directors and certain of its former officers (“Derivative Defendants”), alleging that the Derivative Defendants breached their fiduciary duties to ChargePoint in connection with the same alleged events and alleged materially false and misleading statements asserted in the Class Actions described above. This action has been stayed. Four additional substantively duplicative actions were filed in the U.S. District Court for the Northern District of California on January 8, 2024, March 1, 2024, May 2, 2024, and May 24, 2024. The complaints seek unspecified monetary damages and other relief. The parties are in the process of seeking Court approval to relate and consolidate these cases. The Company intends to defend these lawsuits vigorously. At this time, the Company is unable to predict the outcome or estimate the amount of loss or range of losses that could potentially result from these lawsuits. Based on its experience, the Company believes that damage amounts claimed in these matters are not meaningful indicators of potential liability. Given the inherent uncertainties of litigation, the ultimate outcome of the ongoing matters described herein cannot be predicted with certainty. While litigation is inherently unpredictable, the Company believes it has valid defenses with respect to the legal matters pending against it. Nevertheless, the Company’s results of operations, cash flows and financial condition could be materially adversely affected in a particular period by the resolution of one or more of these contingencies. Liabilities established to provide for contingencies are adjusted as further information develops, circumstances change, or contingencies are resolved; and such changes are recorded in the accompanying condensed consolidated statements of operations during the period of the change and reflected in accrued and other current liabilities on the accompanying condensed consolidated balance sheets. Guarantees and Indemnifications The Company has service level commitments to certain of its customers warranting levels of uptime reliability and performance and permitting those customers to receive credits if the Company fails to meet those levels. To date, the Company has not incurred any material costs as a result of such commitments. The Company’s arrangements generally include certain provisions for indemnifying customers against liabilities if its products or services infringe a third-party’s intellectual property rights. Additionally, the Company may be required to indemnify for claims caused by its negligence or willful misconduct. It is not possible to determine the maximum potential amount under these indemnification obligations due to the limited history of prior indemnification claims and the unique facts and circumstances involved in each particular agreement. To date, the Company has not incurred any material costs as a result of such obligations and has not accrued any liabilities related to such obligations in the condensed consolidated financial statements. The Company has also agreed to indemnify its directors and executive officers for costs associated with any fees, expenses, judgments, fines and settlement amounts incurred by them in any action or proceeding to which any of them are, or are threatened to be, made a party by reason of their service as a director or officer. The Company maintains director and officer insurance coverage that would generally enable it to recover a portion of any future amounts paid. The Company also may be subject to indemnification obligations by law with respect to the actions of its employees under certain circumstances and in certain jurisdictions. Letters of Credit The Company had $0.4 million and $30.4 million of secured letters of credit outstanding as of July 31, 2024 and January 31, 2024, respectively. On May 16, 2024, the letter of credit agreement with one of the Company’s contract manufacturers expired and the lender released $30.0 million of restricted cash to the Company. These primarily relate to support of contract manufacturer and customer agreements, and are fully collateralized by cash deposits which the Company recorded in restricted cash on its condensed consolidated balance sheets based on the term of the remaining restriction. Leases The Company leases its office facilities under non-cancelable operating leases with various lease terms. The Company also leases certain office equipment under operating lease agreements. The following table presents future payments of lease liabilities under the Company's non-cancelable operating leases as of July 31, 2024 (in thousands): (in thousands) 2025 (remaining six months) $ 3,332 2026 5,733 2027 5,505 2028 4,646 2029 4,044 Thereafter 2,303 Total undiscounted operating lease payments 25,563 Less: imputed interest (4,100) Total operating lease liabilities 21,463 Less: current portion of operating lease liabilities (4,361) Operating lease liabilities, noncurrent $ 17,102

Common Stock

Common Stock	6 Months Ended
	Jul. 31, 2024
Equity [Abstract]
Common Stock	Common Stock As of July 31, 2024 and January 31, 2024, the Company was authorized to issue 1,000,000,000 shares of Common Stock, with a par value of $0.0001 per share. There were 430,830,553 and 421,116,720 shares issued and outstanding as of July 31, 2024 and January 31, 2024, respectively. At-the-Market Offering On July 1, 2022, ChargePoint filed a registration statement on Form S-3 (File No. 333-265986) with the SEC (that was declared effective by the SEC on July 12, 2022), which permits the Company to offer up to $1.0 billion of Common Stock, preferred stock, debt securities, warrants and rights in one or more offerings and in any combination, including in units from time to time (the “Shelf Registration Statement”). As part of the Shelf Registration Statement, ChargePoint filed a prospectus supplement registering for sale from time to time up to $500.0 million of Common Stock pursuant to a sales agreement (the “ATM Facility”). During the three and six months ended July 31, 2024, there was no sale of the Company’s Common Stock pursuant to the ATM Facility. During the three months ended July 31, 2023, the Company sold a total of 4,076,072 shares of its Common Stock pursuant to the ATM Facility at the prevailing market prices for total proceeds of $37.3 million, net of $0.4 million of issuance costs. During the six months ended July 31, 2023, the Company sold a total of 5,985,100 shares of its Common Stock pursuant to the ATM Facility at the prevailing market prices for total proceeds of $54.8 million, net of $0.6 million of issuance costs. As of July 31, 2024, $161.6 million of shares of Common Stock remained available for sale pursuant to the ATM Facility. Common Stock Warrants Legacy ChargePoint had outstanding warrants to purchase shares of Legacy ChargePoint common stock (collectively, “Legacy Warrants”), which now represent warrants to purchase Common Stock. As of July 31, 2024, there were 34,499,436 Legacy Warrants outstanding, which are classified as equity. There was no Legacy Warrants activity during the three and six months ended July 31, 2024 and 2023. Activity of Legacy Warrants is set forth below: Legacy Warrants Outstanding as of January 31, 2024 34,499,436 Warrants exercised — Outstanding as of July 31, 2024 34,499,436

Common Stock Warrants

Common Stock Warrants	6 Months Ended
	Jul. 31, 2024
Equity [Abstract]
Common Stock Warrants	Common Stock As of July 31, 2024 and January 31, 2024, the Company was authorized to issue 1,000,000,000 shares of Common Stock, with a par value of $0.0001 per share. There were 430,830,553 and 421,116,720 shares issued and outstanding as of July 31, 2024 and January 31, 2024, respectively. At-the-Market Offering On July 1, 2022, ChargePoint filed a registration statement on Form S-3 (File No. 333-265986) with the SEC (that was declared effective by the SEC on July 12, 2022), which permits the Company to offer up to $1.0 billion of Common Stock, preferred stock, debt securities, warrants and rights in one or more offerings and in any combination, including in units from time to time (the “Shelf Registration Statement”). As part of the Shelf Registration Statement, ChargePoint filed a prospectus supplement registering for sale from time to time up to $500.0 million of Common Stock pursuant to a sales agreement (the “ATM Facility”). During the three and six months ended July 31, 2024, there was no sale of the Company’s Common Stock pursuant to the ATM Facility. During the three months ended July 31, 2023, the Company sold a total of 4,076,072 shares of its Common Stock pursuant to the ATM Facility at the prevailing market prices for total proceeds of $37.3 million, net of $0.4 million of issuance costs. During the six months ended July 31, 2023, the Company sold a total of 5,985,100 shares of its Common Stock pursuant to the ATM Facility at the prevailing market prices for total proceeds of $54.8 million, net of $0.6 million of issuance costs. As of July 31, 2024, $161.6 million of shares of Common Stock remained available for sale pursuant to the ATM Facility. Common Stock Warrants Legacy ChargePoint had outstanding warrants to purchase shares of Legacy ChargePoint common stock (collectively, “Legacy Warrants”), which now represent warrants to purchase Common Stock. As of July 31, 2024, there were 34,499,436 Legacy Warrants outstanding, which are classified as equity. There was no Legacy Warrants activity during the three and six months ended July 31, 2024 and 2023. Activity of Legacy Warrants is set forth below: Legacy Warrants Outstanding as of January 31, 2024 34,499,436 Warrants exercised — Outstanding as of July 31, 2024 34,499,436

Equity Plans and Stock-based Co

Equity Plans and Stock-based Compensation	6 Months Ended
	Jul. 31, 2024
Share-Based Payment Arrangement [Abstract]
Equity Plans and Stock-based Compensation	Equity Plans and Stock-based Compensation The following sets forth the total stock-based compensation expense for employee equity plans included in the Company’s condensed consolidated statements of operations: Three Months Ended Six Months Ended 2024 2023 2024 2023 (in thousands) Cost of revenue $ 1,526 $ 1,938 $ 2,610 $ 2,933 Research and development 10,731 15,847 19,033 25,353 Sales and marketing 4,463 6,757 9,905 10,926 General and administrative 2,049 10,557 8,820 19,851 Total stock-based compensation expense $ 18,769 $ 35,099 $ 40,368 $ 59,063 As of July 31, 2024, the Company had unrecognized stock-based compensation expense related to stock options, RSUs and PRSUs (as defined below), and 2021 ESPP (as defined below) of $136.4 million, which is expected to be recognized over a weighted-average period of 2.2 years. 2021 Employee Stock Purchase Plan The 2021 Employee Stock Purchase Plan (“2021 ESPP”) permits participants to purchase shares of the Company’s Common Stock at a discounted price through payroll deductions. As of July 31, 2024, 15,498,912 shares of Common Stock were available under the 2021 ESPP. 2021 Equity Incentive Plan The 2021 Equity Incentive Plan (“2021 EIP”) allows the Company to grant stock options, stock appreciation rights, restricted stock units (“RSUs”), performance restricted stock units (“PRSUs”), and certain other awards. As of July 31, 2024, 37,590,709 shares of Common Stock were available under the 2021 EIP. There were no options granted for the three and six months ended July 31, 2024. Restricted Stock Units A summary of RSUs outstanding under the 2021 EIP as of July 31, 2024 and changes during the fiscal year-to-date period then ended is presented in the following table: Number of Shares Weighted Average Grant Date Fair Value per Share Outstanding as of January 31, 2024 28,416,127 $ 7.35 RSU granted 22,271,093 $ 1.51 RSU vested (5,231,209) $ 7.09 RSU forfeited (4,428,242) $ 9.77 Outstanding as of July 31, 2024 41,027,769 $ 3.95 Performance Restricted Stock Units A summary of PRSUs outstanding under the 2021 EIP as of July 31, 2024 and changes during the fiscal year-to-date period then ended is presented in the following table: Number of Shares Weighted Average Grant Date Fair Value per Share Outstanding as of January 31, 2024 3,147,782 $ 6.79 PRSUs granted 1,208,250 $ 1.26 PRSU forfeited (1,170,008) $ 10.47 Outstanding as of July 31, 2024 3,186,024 $ 3.34 2017 Plan and 2007 Plan In fiscal year 2022, the Company terminated its 2017 Stock Option Plan (the “2017 Plan”) and 2007 Stock Option Plan (the “2007 Plan”). A summary of options outstanding under the 2017 Plan and 2007 Plan as of July 31, 2024 and changes during the fiscal year-to-date period then ended is presented in the following table: Number of Stock Option Awards Weighted Average Exercise Price Weighted Average Remaining Contractual term (in years) Aggregate Intrinsic Value (in thousands) Outstanding as of January 31, 2024 11,396,756 $ 0.74 4.8 $ 13,276 Options exercised (2,629,090) $ 0.58 Options cancelled (76,860) $ 0.74 Outstanding as of July 31, 2024 8,690,806 $ 0.78 2.2 $ 12,061 Options vested and expected to vest as of July 31, 2024 8,690,806 $ 0.78 2.2 $ 12,061 Exercisable as of July 31, 2024 8,690,806 $ 0.78 2.2 $ 12,061

Income Taxes

Income Taxes	6 Months Ended
	Jul. 31, 2024
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes The income tax provision for interim periods is determined using an estimate of the Company’s annual effective tax rate as adjusted for discrete items arising in that quarter. The effective income tax rate was (2.5)% and (0.7)% for the three months ended July 31, 2024 and 2023, respectively. The effective income tax rate was (1.5)% and (0.2)% for the six months ended July 31, 2024 and 2023, respectively. The effective tax rate differs from the U.S. statutory rate primarily due to the full valuation allowances on the Company’s net domestic deferred tax assets as it is more likely than not that all of the deferred tax assets will not be realized.

Basic and Diluted Net Loss per

Basic and Diluted Net Loss per Share	6 Months Ended
	Jul. 31, 2024
Earnings Per Share [Abstract]
Basic and Diluted Net Loss per Share	Basic and Diluted Net Loss per Share The following table sets forth the computation of the Company’s basic and diluted net loss per share attributable to common stockholders for the three and six months ended July 31, 2024 and 2023: Three Months Ended Six Months Ended 2024 2023 2024 2023 (in thousands, except share and per share data) Numerator: Net loss $ (68,874) $ (125,255) $ (140,673) $ (204,643) Denominator: Weighted average common shares outstanding 427,532,688 355,893,921 425,434,765 353,031,968 Less: Weighted average unvested restricted shares and shares subject to repurchase — (17,114) — (23,495) Weighted average shares outstanding - Basic and Diluted 427,532,688 355,876,807 425,434,765 353,008,473 Net loss per share - Basic and Diluted $ (0.16) $ (0.35) $ (0.33) $ (0.58) The potential shares of Common Stock that were excluded from the computation of diluted net loss per share attributable to common stockholders at each period end because including them would have had an antidilutive effect were as follows: July 31, July 31, 2028 Convertible Notes (on an as-converted basis) 24,999,990 12,483,569 Options to purchase common stock 8,690,806 15,366,376 Restricted stock units 41,027,769 22,763,199 Unvested early exercised common stock options — 12,178 Common stock warrants 34,499,436 34,499,436 Employee stock purchase plan 6,354,138 2,739,885 Total potentially dilutive common share equivalents 115,572,139 87,864,643 PRSUs granted were excluded from the above table because the respective stock price targets have not been met as of July 31, 2024.

Subsequent Event

Subsequent Event	6 Months Ended
	Jul. 31, 2024
Subsequent Events [Abstract]
Subsequent Event	Subsequent Event On September 4, 2024, the Company announced the reorganization of its operations including a reduction of the Company's current global workforce by approximately 15% (the “September 2024 Reorganization”). The Company estimates the aggregate restructuring costs associated with the September 2024 Reorganization to be approximately $10.0 million, primarily consisting of severance payments, employee benefits and related costs. The Company expects to incur these costs primarily during the third and fourth fiscal quarters. The estimates of the charges and expenditures that the Company expects to incur in connection with the September 2024 Reorganization, and the timing thereof, are subject to a number of assumptions, including local law requirements in various jurisdictions, and actual amounts may differ materially from estimates. In addition, the Company may incur other charges or cash expenditures not currently contemplated due to unanticipated events that may occur, including in connection with the implementation of the September 2024 Reorganization.

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($) $ in Thousands	3 Months Ended				6 Months Ended
	Jul. 31, 2024	Apr. 30, 2024	Jul. 31, 2023	Apr. 30, 2023	Jul. 31, 2024	Jul. 31, 2023
Pay vs Performance Disclosure
Net loss	$ (68,874)	$ (71,799)	$ (125,255)	$ (79,388)	$ (140,673)	$ (204,643)

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
	Jul. 31, 2024
Trading Arrangements, by Individual
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	6 Months Ended
	Jul. 31, 2024
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation
Reverse Recapitalization	Reverse Recapitalization On February 26, 2021, Lightning Merger Sub Inc., a wholly-owned subsidiary of Switchback Energy Acquisition Corporation (“Switchback”), merged with ChargePoint, Inc. (“Legacy ChargePoint”), with Legacy ChargePoint surviving as a wholly-owned subsidiary of Switchback (the “Merger”). The Merger was accounted for as a reverse capitalization in accordance with U.S. GAAP (“Reverse Recapitalization”). As a result of the Merger, Switchback was renamed “ChargePoint Holdings, Inc.” Immediately prior to the closing of the Merger (the “Closing”), Legacy ChargePoint’s outstanding series of redeemable convertible preferred stock were converted to Legacy ChargePoint common stock, which then converted to the Company’s common stock (“Common Stock”).
Use of Estimates	Use of Estimates The preparation of the accompanying condensed consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions about future events. These estimates and the underlying assumptions affect the amounts of assets and liabilities reported, disclosures about contingent assets and liabilities, and reported amounts of revenue and expenses. Actual results and outcomes could differ significantly from the Company’s estimates, judgments and assumptions. Significant estimates include determining standalone selling price for performance obligations in contracts with customers, the estimated expected benefit period for deferred contract acquisition costs, allowances for expected credit losses, inventory reserves, loss on purchase commitment, the useful lives of long-lived assets, the determination of the incremental borrowing rate used for operating lease liabilities, valuation of acquired goodwill and intangible assets, and other assumptions used to measure stock-based compensation, and the valuation of deferred income tax assets and uncertain tax positions. These estimates and assumptions are based on management’s best estimates and judgment. Management evaluates its estimates and assumptions on an ongoing basis using historical experience and other factors, including the current economic environment, which management believes to be reasonable under the circumstances. The Company adjusts such estimates and assumptions when facts and circumstances dictate. Changes in those estimates resulting from continuing changes in the economic environment will be reflected in the financial statements in future periods. As future events and their effects cannot be determined with precision, actual results could materially differ from those estimates and assumptions.
Concentration of Credit Risk and Other Risks and Uncertainties	Concentration of Credit Risk and Other Risks and Uncertainties Financial instruments that potentially subject the Company to credit risk consist primarily of cash and cash equivalents and accounts receivable. Cash and cash equivalents are held in domestic and foreign cash accounts across large, creditworthy financial institutions. The Company has not experienced any losses on its deposits of cash and cash equivalents through deposits with federally insured commercial banks and at times cash deposit balances may be in excess of federal insurance limits. Accounts receivable are stated at the amount the Company expects to collect. The Company generally does not require collateral or other security in support of accounts receivable. To reduce credit risk, management performs ongoing credit evaluations of its customers’ financial condition.
Segment Reporting	Segment Reporting Operating segments are defined as components of an entity where discrete financial information is evaluated regularly by the chief decision maker (“CODM”). The Company operates as one operating segment because its Chief Executive Officer, as the Company’s CODM, reviews its financial information on a consolidated basis for purposes of making decisions regarding allocating resources and assessing performance. The Company has no segment managers who are held accountable by the CODM for operations, operating results, and planning for levels of components below the consolidated unit level.
Cash, Cash Equivalents, and Restricted Cash	Cash, Cash Equivalents, and Restricted Cash The Company considers all highly liquid investments with an original maturity of three months or less, when purchased, to be cash equivalents. Cash equivalents may be invested in money market funds. Cash and cash equivalents are carried at cost, which approximates their fair value. Restricted cash relates to cash deposits restricted under letters of credit issued in support of customer and contract manufacturer agreements.
Fair Value of Financial Instruments	Fair Value of Financial Instruments Fair value is defined as an exchange price that would be received to sell an asset or paid to transfer a liability in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants. Assets and liabilities measured at fair value are classified into the following categories based on the inputs used to measure fair value: • (Level 1) — Quoted prices in active markets for identical assets or liabilities that the Company has the ability to access at the measurement date; • (Level 2) — Inputs other than quoted prices in active markets that are observable for the asset or liability, either directly or indirectly; and • (Level 3) — Inputs that are unobservable for the asset or liability. The Company classifies financial instruments in Level 3 of the fair value hierarchy when there is reliance on at least one significant unobservable input to the valuation model. In addition to these unobservable inputs, the valuation models for Level 3 financial instruments typically also rely on a number of inputs that are readily observable, either directly or indirectly. The Company’s assessment of a particular input to the fair value measurement requires management to make judgments and consider factors specific to the asset or liability. The fair value hierarchy requires the use of observable market data when available in determining fair value. The Company recognizes transfers between levels within the fair value hierarchy, if any, at the end of each period. There were no transfers between levels during the periods presented. The Company had no material non-financial assets valued on a non-recurring basis that resulted in an impairment in any period presented. The carrying values of the Company’s cash equivalents, accounts receivable, net, accounts payable, and accrued and other current liabilities approximate fair value based on the highly liquid, short-term nature of these instruments.
Revenue Recognition	Revenue Recognition ChargePoint accounts for revenue in accordance with ASC 606, Revenue from Contracts with Customers (“ASC 606”). The Company recognizes revenue using the following five-step model as prescribed by ASC 606: • Identification of the contract, or contracts, with a customer; • Identification of the performance obligations in the contract; • Determination of the transaction price; • Allocation of the transaction price to the performance obligations in the contract; and • Recognition of revenue when, or as, the Company satisfies a performance obligation. Significant judgment and estimates are necessary for the allocation of the proceeds received from an arrangement to the multiple performance obligations and the appropriate timing of revenue recognition. The Company enters into contracts with customers that regularly include promises to transfer multiple products and services, such as Networked Charging Systems, software subscriptions, extended maintenance, and professional services. For arrangements with multiple products or services, the Company evaluates whether the individual products or services qualify as distinct performance obligations. In its assessment of whether products or services are a distinct performance obligation, the Company determines whether the customer can benefit from the product or service on its own or with other readily available resources and whether the service is separately identifiable from other products or services in the contract. This evaluation requires the Company to assess the nature of each of its Networked Charging Systems, subscriptions, and other offerings and how each is provided in the context of the contract, including whether they are significantly integrated which may require judgment based on the facts and circumstances of the contract. The transaction price for each contract is determined based on the amount the Company expects to be entitled to receive in exchange for transferring the promised products or services to the customer. Collectability of revenue is reasonably assured based on historical evidence of collectability of fees the Company charges its customers. The transaction price in the contract is allocated to each distinct performance obligation in an amount that represents the relative amount of consideration expected to be received in exchange for satisfying each performance obligation. Revenue is recognized when performance obligations are satisfied. Revenue is recorded based on the transaction price excluding amounts collected on behalf of third parties such as sales taxes, which are collected on behalf of and remitted to governmental authorities, or driver fees, collected on behalf of customers who offer public charging for a fee. When agreements involve multiple distinct performance obligations, the Company accounts for individual performance obligations separately if they are distinct. The Company applies significant judgment in identifying and accounting for each performance obligation, as a result of evaluating terms and conditions in contracts. The transaction price is allocated to the separate performance obligations on a relative standalone selling price (“SSP”) basis. The Company determines SSP based on observable standalone selling price when it is available, as well as other factors, including the price charged to its customers, its discounting practices, and its overall pricing objectives, while maximizing observable inputs. In situations where pricing is highly variable, or a product is never sold on a stand-alone basis, the Company estimates the SSP using the residual approach. The Company usually bills its customers at the onset of the arrangement for both the products and a predetermined period of time for services. Contracts for services typically range from annual to multi-year agreements with typical payment terms of 30 to 90 days. Networked Charging Systems revenue Networked Charging Systems revenue includes revenue related to the deliveries of EV charging system infrastructure and fees received for transferring regulatory credits earned for participating in low carbon fuel programs in jurisdictions with such programs. The Company recognizes revenue from sales of Networked Charging Systems upon shipment to distributors, resellers or direct sales customers as these customers obtain title and control over these products. Revenue is adjusted for estimated returns. Revenue from regulatory credits is recognized at the point in time the regulatory credits are transferred. Subscriptions revenue Subscriptions revenue consists of services related to Cloud, as well as extended maintenance service plans under Assure. Subscriptions revenue is recognized over time on a straight-line basis as the Company has a stand-ready obligation to deliver such services to the customer. Subscriptions revenue also consists of CPaaS revenue, which combines the customer’s use of the Company’s owned and operated systems with Cloud and Assure programs into a single subscription. CPaaS subscriptions are considered for accounting purposes to contain a lease for the customer’s use of the Company’s owned and operated systems unless the location allows the Company to receive incremental economic benefit from regulatory credits earned on that owned and operated system. The leasing arrangements the Company enters into with lessees are operating leases. The Company recognizes operating lease revenue on a straight-line basis over the lease term and expenses deferred initial direct costs on the same basis. Lessor revenue relates to operating leases and historically has not been material. Other revenue Other revenue consists of charging related fees received from drivers using charging sites owned and operated by the Company, net transaction fees earned for processing payments collected on driver charging sessions at charging sites owned by ChargePoint customers, and other professional services. Revenue from fees for owned and operated sites is recognized over time on a straight-line basis over the performance period of the service contract as the Company has a stand-ready obligation to deliver such services. Revenue from driver charging sessions and charging transaction fees is recognized at the point in time the charging session or transaction is completed. Revenue from professional services is recognized as the services are rendered.
Accounting Pronouncements	Accounting Pronouncements Recent Issued Accounting Standards Not Yet Adopted In November 2023, the Financial Accounting Standards Board (“FASB”) issued ASU No. 2023-07, “ Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures,” (“ASU 2023-07”) which amends and enhances the disclosure requirements for reportable segments, primarily through enhanced disclosures about significant segment expenses and information used to assess segment performance. All disclosure requirements under this standard will also be required for public entities with a single reportable segment. The guidance is effective for public business entities for the fiscal years beginning after December 15, 2023, including interim periods within fiscal years beginning after December 15, 2024. The Company plans to adopt ASU 2023-07 and conform with applicable disclosures retrospectively when it becomes mandatorily effective for the Annual Report on Form 10-K for the year ending January 31, 2025. In December 2023, the FASB issued ASU No. 2023-09, “ Income Taxes (Topic 740): Improvements to Income Tax Disclosures,” which requires companies to provide disaggregated information about a reporting entity’s effective tax rate reconciliation as well as further disaggregation on income taxes paid disclosure by federal, state, and foreign taxes. The guidance is effective for public business entities for the fiscal years beginning after December 15, 2024. The Company is currently assessing the impact of adopting this standard on the condensed consolidated financial statements and related disclosures.

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Tables)	6 Months Ended
	Jul. 31, 2024
Accounting Policies [Abstract]
Schedule of Cash and Cash Equivalents	The reconciliation of cash, cash equivalents, and restricted cash to amounts presented in the condensed consolidated statements of cash flows was as follows: July 31, January 31, (in thousands) Cash and cash equivalents $ 243,263 $ 327,410 Restricted cash 400 30,400 Total cash, cash equivalents, and restricted cash $ 243,663 $ 357,810
Restrictions on Cash and Cash Equivalents	The reconciliation of cash, cash equivalents, and restricted cash to amounts presented in the condensed consolidated statements of cash flows was as follows: July 31, January 31, (in thousands) Cash and cash equivalents $ 243,263 $ 327,410 Restricted cash 400 30,400 Total cash, cash equivalents, and restricted cash $ 243,663 $ 357,810

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Tables)	6 Months Ended
	Jul. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Goodwill	The following table summarizes the changes in carrying amounts of goodwill (in thousands): Balance as of January 31, 2024 $ 213,750 Foreign exchange fluctuations 7 Balance as of July 31, 2024 $ 213,757
Schedule of Finite-Lived Intangible Assets Acquired as Part of Business Combination	The following table presents the details of intangible assets: July 31, 2024 Cost (1) Accumulated Amortization (1) Net (1) Useful Life (amounts in thousands, useful lives in years) Customer relationships $ 90,759 $ (25,840) $ 64,919 10 Developed technology 18,358 (8,787) 9,571 6 $ 109,117 $ (34,627) $ 74,490 _______________ (1) Values are translated into U.S. Dollars at period-end foreign exchange rates. January 31, 2024 Cost (1) Accumulated Amortization (1) Net (1) Useful Life (amounts in thousands, useful lives in years) Customer relationships $ 90,755 $ (21,301) $ 69,454 10 Developed technology 18,358 (7,257) 11,101 6 $ 109,113 $ (28,558) $ 80,555 _______________ (1) Values are translated into U.S. Dollars at period-end foreign exchange rates.
Schedule of Finite-Lived Intangible Assets Amortization Expense	The following table presents the amortization expense related to intangible assets: Three Months Ended Six Months Ended 2024 2023 2024 2023 (in thousands) Amortization expense $ 3,028 $ 3,039 $ 6,051 $ 6,077

Composition of Certain Financ_2

Composition of Certain Financial Statement Items (Tables)	6 Months Ended
	Jul. 31, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Schedule of Inventories	Inventories consisted of the following: July 31, January 31, (in thousands) Raw materials $ 9,676 $ 5,322 Finished goods and components 218,843 193,258 Total Inventories $ 228,519 $ 198,580
Schedule of Other Current Assets	Prepaid expense and other current assets consisted of the following: July 31, January 31, (in thousands) Prepaid expense $ 46,941 $ 43,389 Other current assets 22,308 18,855 Total Prepaid Expense and Other Current Assets $ 69,249 $ 62,244
Schedule of Property and Equipment, Net	Property and equipment, net consisted of the following: July 31, January 31, (in thousands) Furniture and fixtures $ 1,720 $ 1,718 Computers and software 9,310 8,520 Machinery and equipment 38,482 35,954 Tooling 16,219 15,852 Leasehold improvements 9,970 9,828 Owned and operated systems 29,615 27,723 Construction in progress 1,702 2,310 107,018 101,905 Less: Accumulated depreciation (67,712) (59,459) Total Property and Equipment, Net $ 39,306 $ 42,446 The following table presents the depreciation expense: Three Months Ended Six Months Ended 2024 2023 2024 2023 (in thousands) Depreciation expense 4,423 3,925 8,844 7,941
Schedule of Accrued and Other Current Liabilities	Accrued and other current liabilities consisted of the following: July 31, January 31, (in thousands) Accrued expenses $ 36,175 $ 51,399 Accrued losses on purchase commitments 27,547 30,054 Refundable customer deposits 16,875 16,588 Payroll and related expenses 13,981 16,018 Taxes payable 17,615 14,294 Other current liabilities 34,486 30,751 Total Accrued and Other Current Liabilities $ 146,679 $ 159,104
Schedule of Revenue	Revenue consisted of the following: Three Months Ended Six Months Ended 2024 2023 2024 2023 (in thousands) United States $ 76,818 $ 112,960 $ 155,633 $ 210,091 Rest of World 31,721 37,534 59,949 70,432 Total revenue $ 108,539 $ 150,494 $ 215,582 $ 280,523
Schedule of Deferred Revenue	The following table shows the total deferred revenue for each period presented. July 31, January 31, (in thousands) Deferred revenue 238,553 231,439 The following table shows the revenue recognized that was included in the deferred revenue balance at the beginning of the period. Three Months Ended Six Months Ended 2024 2023 2024 2023 (in thousands) Deferred revenue recognized $ 27,975 $ 24,418 $ 59,777 $ 50,432

Restructuring Charges (Tables)

Restructuring Charges (Tables)	6 Months Ended
	Jul. 31, 2024
Restructuring and Related Activities [Abstract]
Schedule of Reorganization Charges	The following table summarizes the charges by line item within the Company’s consolidated statements of operations where they were recorded in the fiscal year ended January 31, 2024: Severance and employment-related termination costs Facility and other contract terminations Total (in thousands) Cost of revenue $ 632 $ — $ 632 Research and development 7,540 — 7,540 Sales and marketing 500 — 500 General and administrative 1,274 2,708 3,982 Total $ 9,946 $ 2,708 $ 12,654 Severance and employment-related termination costs Facility and other contract terminations Total (in thousands) Cost of revenue $ 996 $ — $ 996 Research and development 4,183 — 4,183 Sales and marketing 1,343 — 1,343 General and administrative 890 8,189 9,079 Total $ 7,412 $ 8,189 $ 15,601

Debt (Tables)

Debt (Tables)	6 Months Ended
	Jul. 31, 2024
Debt Disclosure [Abstract]
Schedule of Convertible Debt	The following table presents the Company’s convertible debt outstanding: July 31, January 31, 2024 (in thousands) Gross amount $ 300,000 $ 300,000 Debt discount and issuance costs (14,325) (16,296) Carrying amount $ 285,675 $ 283,704 Estimated fair value (Level 2 Inputs) $ 217,000 $ 211,000
Schedule of Interest Expense	The following table presents the Company’s interest expense: Three Months Ended Six Months Ended 2024 2023 2024 2023 (in thousands) 2028 Convertible Notes Contractual interest expense $ 5,250 $ 2,625 $ 10,515 $ 5,250 Amortization of debt discount and issuance costs 985 301 1,970 603 2027 Revolving Credit Facility Amortization of debt issuance costs 212 — 423 — Commitment fees 153 — 303 — Total interest expense $ 6,600 $ 2,926 $ 13,211 $ 5,853

Commitments and Contingencies (

Commitments and Contingencies (Tables)	6 Months Ended
	Jul. 31, 2024
Commitments and Contingencies Disclosure [Abstract]
Schedule of Future Minimum Lease Payments Under All Non-cancellable Operating Leases	The following table presents future payments of lease liabilities under the Company's non-cancelable operating leases as of July 31, 2024 (in thousands): (in thousands) 2025 (remaining six months) $ 3,332 2026 5,733 2027 5,505 2028 4,646 2029 4,044 Thereafter 2,303 Total undiscounted operating lease payments 25,563 Less: imputed interest (4,100) Total operating lease liabilities 21,463 Less: current portion of operating lease liabilities (4,361) Operating lease liabilities, noncurrent $ 17,102

Common Stock Warrants (Tables)

Common Stock Warrants (Tables)	6 Months Ended
	Jul. 31, 2024
Equity [Abstract]
Schedule of Common Stock Warrants	Activity of Legacy Warrants is set forth below: Legacy Warrants Outstanding as of January 31, 2024 34,499,436 Warrants exercised — Outstanding as of July 31, 2024 34,499,436

Equity Plans and Stock-based _2

Equity Plans and Stock-based Compensation (Tables)	6 Months Ended
	Jul. 31, 2024
Share-Based Payment Arrangement [Abstract]
Schedule of Stock-based Compensation Expense	The following sets forth the total stock-based compensation expense for employee equity plans included in the Company’s condensed consolidated statements of operations: Three Months Ended Six Months Ended 2024 2023 2024 2023 (in thousands) Cost of revenue $ 1,526 $ 1,938 $ 2,610 $ 2,933 Research and development 10,731 15,847 19,033 25,353 Sales and marketing 4,463 6,757 9,905 10,926 General and administrative 2,049 10,557 8,820 19,851 Total stock-based compensation expense $ 18,769 $ 35,099 $ 40,368 $ 59,063
Schedule of Share-based Payment Arrangement, Restricted Stock and Restricted Stock Unit, Activity	A summary of RSUs outstanding under the 2021 EIP as of July 31, 2024 and changes during the fiscal year-to-date period then ended is presented in the following table: Number of Shares Weighted Average Grant Date Fair Value per Share Outstanding as of January 31, 2024 28,416,127 $ 7.35 RSU granted 22,271,093 $ 1.51 RSU vested (5,231,209) $ 7.09 RSU forfeited (4,428,242) $ 9.77 Outstanding as of July 31, 2024 41,027,769 $ 3.95 A summary of PRSUs outstanding under the 2021 EIP as of July 31, 2024 and changes during the fiscal year-to-date period then ended is presented in the following table: Number of Shares Weighted Average Grant Date Fair Value per Share Outstanding as of January 31, 2024 3,147,782 $ 6.79 PRSUs granted 1,208,250 $ 1.26 PRSU forfeited (1,170,008) $ 10.47 Outstanding as of July 31, 2024 3,186,024 $ 3.34
Schedule of Share-based Payment Arrangement, Option, Activity	A summary of options outstanding under the 2017 Plan and 2007 Plan as of July 31, 2024 and changes during the fiscal year-to-date period then ended is presented in the following table: Number of Stock Option Awards Weighted Average Exercise Price Weighted Average Remaining Contractual term (in years) Aggregate Intrinsic Value (in thousands) Outstanding as of January 31, 2024 11,396,756 $ 0.74 4.8 $ 13,276 Options exercised (2,629,090) $ 0.58 Options cancelled (76,860) $ 0.74 Outstanding as of July 31, 2024 8,690,806 $ 0.78 2.2 $ 12,061 Options vested and expected to vest as of July 31, 2024 8,690,806 $ 0.78 2.2 $ 12,061 Exercisable as of July 31, 2024 8,690,806 $ 0.78 2.2 $ 12,061

Basic and Diluted Net Loss pe_2

Basic and Diluted Net Loss per Share (Tables)	6 Months Ended
	Jul. 31, 2024
Earnings Per Share [Abstract]
Schedule of Loss Per Share Attributable to Common Stockholders, Basic and Diluted	The following table sets forth the computation of the Company’s basic and diluted net loss per share attributable to common stockholders for the three and six months ended July 31, 2024 and 2023: Three Months Ended Six Months Ended 2024 2023 2024 2023 (in thousands, except share and per share data) Numerator: Net loss $ (68,874) $ (125,255) $ (140,673) $ (204,643) Denominator: Weighted average common shares outstanding 427,532,688 355,893,921 425,434,765 353,031,968 Less: Weighted average unvested restricted shares and shares subject to repurchase — (17,114) — (23,495) Weighted average shares outstanding - Basic and Diluted 427,532,688 355,876,807 425,434,765 353,008,473 Net loss per share - Basic and Diluted $ (0.16) $ (0.35) $ (0.33) $ (0.58)
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share	The potential shares of Common Stock that were excluded from the computation of diluted net loss per share attributable to common stockholders at each period end because including them would have had an antidilutive effect were as follows: July 31, July 31, 2028 Convertible Notes (on an as-converted basis) 24,999,990 12,483,569 Options to purchase common stock 8,690,806 15,366,376 Restricted stock units 41,027,769 22,763,199 Unvested early exercised common stock options — 12,178 Common stock warrants 34,499,436 34,499,436 Employee stock purchase plan 6,354,138 2,739,885 Total potentially dilutive common share equivalents 115,572,139 87,864,643

Description of Business and B_2

Description of Business and Basis of Presentation (Details) - USD ($) $ in Thousands	6 Months Ended
	Jul. 31, 2024	Jul. 31, 2023	Jan. 31, 2024	Jan. 31, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Accumulated deficit	$ 1,755,045		$ 1,614,372
Cash, cash equivalents, and restricted cash	243,663	$ 263,899	$ 357,810	$ 294,562
Net cash used in operations	$ 113,706	$ 190,602

Summary of Significant Accoun_4

Summary of Significant Accounting Policies - Concentration of Credit Risk (Details)	12 Months Ended
	Jan. 31, 2024
Accounts Receivable | Customer Concentration Risk | Largest Customer
Concentration Risk [Line Items]
Concentration risk, percentage	10%

Summary of Significant Accoun_5

Summary of Significant Accounting Policies - Segment Reporting (Details)	6 Months Ended
	Jul. 31, 2024 segment
Accounting Policies [Abstract]
Number of operating segments	1

Summary of Significant Accoun_6

Summary of Significant Accounting Policies - Cash, Cash Equivalents, and Restricted Cash (Details) - USD ($) $ in Thousands	Jul. 31, 2024	Jan. 31, 2024	Jul. 31, 2023	Jan. 31, 2023
Accounting Policies [Abstract]
Cash and cash equivalents	$ 243,263	$ 327,410
Restricted cash	400	30,400
Total cash, cash equivalents, and restricted cash	$ 243,663	$ 357,810	$ 263,899	$ 294,562

Goodwill and Intangible Asset_2

Goodwill and Intangible Assets - Schedule of Goodwill (Details) $ in Thousands	6 Months Ended
	Jul. 31, 2024 USD ($)
Goodwill [Roll Forward]
Beginning balance	$ 213,750
Foreign exchange fluctuations	7
Ending balance	$ 213,757

Goodwill and Intangible Asset_3

Goodwill and Intangible Assets - Narrative (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jul. 31, 2024	Jul. 31, 2023	Jul. 31, 2024	Jul. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill impairment loss	$ 0	$ 0	$ 0	$ 0

Goodwill and Intangible Asset_4

Goodwill and Intangible Assets - Schedule of Finite-Lived Intangible Assets Acquired as Part of Business Combination (Details) - USD ($) $ in Thousands	Jul. 31, 2024	Jan. 31, 2024
Business Acquisition [Line Items]
Cost	$ 109,117	$ 109,113
Accumulated amortization	(34,627)	(28,558)
Intangible assets, net	74,490	80,555
Customer relationships
Business Acquisition [Line Items]
Cost	90,759	90,755
Accumulated amortization	(25,840)	(21,301)
Intangible assets, net	$ 64,919	$ 69,454
Useful life	10 years	10 years
Developed technology
Business Acquisition [Line Items]
Cost	$ 18,358	$ 18,358
Accumulated amortization	(8,787)	(7,257)
Intangible assets, net	$ 9,571	$ 11,101
Useful life	6 years	6 years

Goodwill and Intangible Asset_5

Goodwill and Intangible Assets - Schedule Of Finite-Lived Intangible Assets Amortization Expense (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 31, 2024	Jul. 31, 2023	Jul. 31, 2024	Jul. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Amortization expense	$ 3,028	$ 3,039	$ 6,051	$ 6,077

Composition of Certain Financ_3

Composition of Certain Financial Statement Items - Schedule of Inventories (Details) - USD ($) $ in Thousands	Jul. 31, 2024	Jan. 31, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Raw materials	$ 9,676	$ 5,322
Finished goods and components	218,843	193,258
Total Inventories	$ 228,519	$ 198,580

Composition of Certain Financ_4

Composition of Certain Financial Statement Items - Schedule of Other Current Assets (Details) - USD ($) $ in Thousands	Jul. 31, 2024	Jan. 31, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Prepaid expense	$ 46,941	$ 43,389
Other current assets	22,308	18,855
Total Prepaid Expense and Other Current Assets	$ 69,249	$ 62,244

Composition of Certain Financ_5

Composition of Certain Financial Statement Items - Schedule of Property and Equipment, Net (Details) - USD ($) $ in Thousands	Jul. 31, 2024	Jan. 31, 2024
Property, Plant and Equipment [Line Items]
Property and equipment	$ 107,018	$ 101,905
Less: Accumulated depreciation	(67,712)	(59,459)
Total Property and Equipment, Net	39,306	42,446
Furniture and fixtures
Property, Plant and Equipment [Line Items]
Property and equipment	1,720	1,718
Computers and software
Property, Plant and Equipment [Line Items]
Property and equipment	9,310	8,520
Machinery and equipment
Property, Plant and Equipment [Line Items]
Property and equipment	38,482	35,954
Tooling
Property, Plant and Equipment [Line Items]
Property and equipment	16,219	15,852
Leasehold improvements
Property, Plant and Equipment [Line Items]
Property and equipment	9,970	9,828
Owned and operated systems
Property, Plant and Equipment [Line Items]
Property and equipment	29,615	27,723
Construction in progress
Property, Plant and Equipment [Line Items]
Property and equipment	$ 1,702	$ 2,310

Composition of Certain Financ_6

Composition of Certain Financial Statement Items - Schedule of Depreciation Expenses (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 31, 2024	Jul. 31, 2023	Jul. 31, 2024	Jul. 31, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Depreciation expense	$ 4,423	$ 3,925	$ 8,844	$ 7,941

Composition of Certain Financ_7

Composition of Certain Financial Statement Items - Schedule of Accrued and Other Current Liabilities (Details) - USD ($) $ in Thousands	Jul. 31, 2024	Jan. 31, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Accrued expenses	$ 36,175	$ 51,399
Accrued losses on purchase commitments	27,547	30,054
Refundable customer deposits	16,875	16,588
Payroll and related expenses	13,981	16,018
Taxes payable	17,615	14,294
Other current liabilities	34,486	30,751
Total Accrued and Other Current Liabilities	$ 146,679	$ 159,104

Composition of Certain Financ_8

Composition of Certain Financial Statement Items - Schedule of Revenue (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 31, 2024	Jul. 31, 2023	Jul. 31, 2024	Jul. 31, 2023
Disaggregation of Revenue [Line Items]
Total revenue	$ 108,539	$ 150,494	$ 215,582	$ 280,523
United States
Disaggregation of Revenue [Line Items]
Total revenue	76,818	112,960	155,633	210,091
Rest of World
Disaggregation of Revenue [Line Items]
Total revenue	$ 31,721	$ 37,534	$ 59,949	$ 70,432

Composition of Certain Financ_9

Composition of Certain Financial Statement Items - Deferred Revenue (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 31, 2024	Jul. 31, 2023	Jul. 31, 2024	Jul. 31, 2023	Jan. 31, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Deferred revenue	$ 238,553		$ 238,553		$ 231,439
Deferred revenue recognized	$ 27,975	$ 24,418	$ 59,777	$ 50,432

Composition of Certain Finan_10

Composition of Certain Financial Statement Items - Remaining Performance Obligations Narrative (Details) - Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2024-08-01 $ in Millions	Jul. 31, 2024 USD ($)
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Revenue expected to be recognized from remaining performance obligations	$ 260.6
Revenue expected to be recognized from remaining performance obligations (as percent)	43%
Revenue expected to be recognized from remaining performance obligations (in months)	12 months

Restructuring Charges - Narrati

Restructuring Charges - Narrative (Details) $ in Thousands	1 Months Ended		3 Months Ended		12 Months Ended
	Jan. 31, 2024 USD ($) employee	Sep. 30, 2023 employee	Jan. 31, 2024 USD ($)	Oct. 31, 2023 USD ($)	Jan. 31, 2024 USD ($)	Jul. 31, 2024 USD ($)
January 2024 Reorganization
Restructuring Cost and Reserve [Line Items]
Expected number of positions eliminated | employee	223
Reduction in workforce	12%
Severance and employment-related termination costs			$ 9,900
Facility and other contract terminations			2,700
Restructuring liabilities	$ 10,600		10,600		$ 10,600	$ 1,500
Restructuring charges					12,654
January 2024 Reorganization | Severance and employment-related termination costs
Restructuring Cost and Reserve [Line Items]
Restructuring liabilities	10,200		10,200		10,200	1,400
Restructuring charges					9,946
January 2024 Reorganization | Facility and other contract terminations
Restructuring Cost and Reserve [Line Items]
Restructuring liabilities	400		400		400	100
Restructuring charges					2,708
September 2023 Reorganization
Restructuring Cost and Reserve [Line Items]
Expected number of positions eliminated | employee		168
Reduction in workforce		10%
Restructuring liabilities	$ 500		$ 500		500	$ 400
Restructuring charges				$ 15,600	15,601
September 2023 Reorganization | Severance and employment-related termination costs
Restructuring Cost and Reserve [Line Items]
Restructuring charges					7,412
September 2023 Reorganization | Facility and other contract terminations
Restructuring Cost and Reserve [Line Items]
Restructuring charges					$ 8,189

Restructuring Charges - Schedul

Restructuring Charges - Schedule of Reorganization Charges within Condensed Consolidated Statements of Operations (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Oct. 31, 2023	Jan. 31, 2024
January 2024 Reorganization
Restructuring Cost and Reserve [Line Items]
Restructuring charges		$ 12,654
September 2023 Reorganization
Restructuring Cost and Reserve [Line Items]
Restructuring charges	$ 15,600	15,601
Cost of revenue | January 2024 Reorganization
Restructuring Cost and Reserve [Line Items]
Restructuring charges		632
Cost of revenue | September 2023 Reorganization
Restructuring Cost and Reserve [Line Items]
Restructuring charges		996
Research and development | January 2024 Reorganization
Restructuring Cost and Reserve [Line Items]
Restructuring charges		7,540
Research and development | September 2023 Reorganization
Restructuring Cost and Reserve [Line Items]
Restructuring charges		4,183
Sales and marketing | January 2024 Reorganization
Restructuring Cost and Reserve [Line Items]
Restructuring charges		500
Sales and marketing | September 2023 Reorganization
Restructuring Cost and Reserve [Line Items]
Restructuring charges		1,343
General and administrative | January 2024 Reorganization
Restructuring Cost and Reserve [Line Items]
Restructuring charges		3,982
General and administrative | September 2023 Reorganization
Restructuring Cost and Reserve [Line Items]
Restructuring charges		9,079
Severance and employment-related termination costs | January 2024 Reorganization
Restructuring Cost and Reserve [Line Items]
Restructuring charges		9,946
Severance and employment-related termination costs | September 2023 Reorganization
Restructuring Cost and Reserve [Line Items]
Restructuring charges		7,412
Severance and employment-related termination costs | Cost of revenue | January 2024 Reorganization
Restructuring Cost and Reserve [Line Items]
Restructuring charges		632
Severance and employment-related termination costs | Cost of revenue | September 2023 Reorganization
Restructuring Cost and Reserve [Line Items]
Restructuring charges		996
Severance and employment-related termination costs | Research and development | January 2024 Reorganization
Restructuring Cost and Reserve [Line Items]
Restructuring charges		7,540
Severance and employment-related termination costs | Research and development | September 2023 Reorganization
Restructuring Cost and Reserve [Line Items]
Restructuring charges		4,183
Severance and employment-related termination costs | Sales and marketing | January 2024 Reorganization
Restructuring Cost and Reserve [Line Items]
Restructuring charges		500
Severance and employment-related termination costs | Sales and marketing | September 2023 Reorganization
Restructuring Cost and Reserve [Line Items]
Restructuring charges		1,343
Severance and employment-related termination costs | General and administrative | January 2024 Reorganization
Restructuring Cost and Reserve [Line Items]
Restructuring charges		1,274
Severance and employment-related termination costs | General and administrative | September 2023 Reorganization
Restructuring Cost and Reserve [Line Items]
Restructuring charges		890
Facility and other contract terminations | January 2024 Reorganization
Restructuring Cost and Reserve [Line Items]
Restructuring charges		2,708
Facility and other contract terminations | September 2023 Reorganization
Restructuring Cost and Reserve [Line Items]
Restructuring charges		8,189
Facility and other contract terminations | Cost of revenue | January 2024 Reorganization
Restructuring Cost and Reserve [Line Items]
Restructuring charges		0
Facility and other contract terminations | Cost of revenue | September 2023 Reorganization
Restructuring Cost and Reserve [Line Items]
Restructuring charges		0
Facility and other contract terminations | Research and development | January 2024 Reorganization
Restructuring Cost and Reserve [Line Items]
Restructuring charges		0
Facility and other contract terminations | Research and development | September 2023 Reorganization
Restructuring Cost and Reserve [Line Items]
Restructuring charges		0
Facility and other contract terminations | Sales and marketing | January 2024 Reorganization
Restructuring Cost and Reserve [Line Items]
Restructuring charges		0
Facility and other contract terminations | Sales and marketing | September 2023 Reorganization
Restructuring Cost and Reserve [Line Items]
Restructuring charges		0
Facility and other contract terminations | General and administrative | January 2024 Reorganization
Restructuring Cost and Reserve [Line Items]
Restructuring charges		2,708
Facility and other contract terminations | General and administrative | September 2023 Reorganization
Restructuring Cost and Reserve [Line Items]
Restructuring charges		$ 8,189

Debt - Schedule of Convertible

Debt - Schedule of Convertible Debt (Details) - Convertible Senior Notes - Convertible Notes - USD ($) $ in Thousands	Jul. 31, 2024	Jan. 31, 2024	Apr. 30, 2022
Debt Instrument [Line Items]
Gross amount	$ 300,000	$ 300,000
Debt discount and issuance costs	(14,325)	(16,296)
Carrying amount	285,675	283,704	$ 294,000
Estimated fair value (Level 2 Inputs)	$ 217,000	$ 211,000

Debt - Schedule of Interest Exp

Debt - Schedule of Interest Expense (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 31, 2024	Jul. 31, 2023	Jul. 31, 2024	Jul. 31, 2023
Debt Instrument [Line Items]
Total interest expense	$ 6,600	$ 2,926	$ 13,211	$ 5,853
Convertible Senior Notes | Convertible Notes
Debt Instrument [Line Items]
Contractual interest expense	5,250	2,625	10,515	5,250
Amortization of debt discount and issuance costs	985	301	1,970	603
2027 Revolving Credit Facility | Line of Credit | Revolving Credit Facility
Debt Instrument [Line Items]
Amortization of debt discount and issuance costs	212	0	423	0
Commitment fees	$ 153	$ 0	$ 303	$ 0

Debt - Narrative (Details)

Debt - Narrative (Details)			1 Months Ended
	Oct. 24, 2023 $ / shares	Jul. 27, 2023 USD ($)	Apr. 30, 2022 USD ($) day $ / shares	Jul. 31, 2024 USD ($)	Jan. 31, 2024 USD ($)
Convertible Senior Notes | Convertible Notes
Debt Instrument [Line Items]
Debt instrument, face amount			$ 300,000,000
Debt			$ 294,000,000	$ 285,675,000	$ 283,704,000
Conversion ratio	0.0833		0.0416
Conversion price (usd per share) | $ / shares	$ 12		$ 24.03
Ratio of repurchase price to principal amount			100%
Ratio of control price to principal amount			125%
Interest rate, effective percentage				8.59%
Long-term debt, fair value				$ 217,000,000	$ 211,000,000
Convertible Senior Notes | Convertible Notes | Period One
Debt Instrument [Line Items]
Threshold trading days | day			20
Threshold consecutive trading days | day			30
Threshold percentage of stock price trigger			130%
Convertible Senior Notes | Convertible Notes | Period Two
Debt Instrument [Line Items]
Threshold trading days | day			5
Threshold consecutive trading days | day			10
Threshold percentage of stock price trigger			98%
Convertible Senior Notes | Convertible Notes | Cash Interest
Debt Instrument [Line Items]
Interest rate, stated percentage	7%		3.50%
Convertible Senior Notes | Convertible Notes | Paid In Kind Interest
Debt Instrument [Line Items]
Interest rate, stated percentage	8.50%		5%
Convertible Senior Notes | Secured Debt
Debt Instrument [Line Items]
Maximum covenant threshold			$ 750,000,000
Trustee percentage (as a percent)			25%
Declare percentage			100%
Amendment valuation change (less than)	10%
2027 Revolving Credit Facility | Line of Credit | Revolving Credit Facility
Debt Instrument [Line Items]
Interest rate, stated percentage		1.75%
Maximum borrowing capacity		$ 150,000,000
Commitment fee		0.40%
Borrowing capacity				150,000,000
2027 Revolving Credit Facility | Line of Credit | Revolving Credit Facility | Secured Overnight Financing Rate (SOFR)
Debt Instrument [Line Items]
Basis spread on variable rate		2.75%
Participation fee		2.25%
Borrowing outstanding				0
2027 Revolving Credit Facility | Line of Credit | Revolving Credit Facility | Euro Interbank Offered Rate (EURIBOR)
Debt Instrument [Line Items]
Basis spread on variable rate		2.75%
2027 Revolving Credit Facility | Line of Credit | Revolving Credit Facility | Daily Simple Risk-Free Rate
Debt Instrument [Line Items]
Basis spread on variable rate		2.75%
2027 Revolving Credit Facility | Line of Credit | Letter of Credit
Debt Instrument [Line Items]
Maximum borrowing capacity		$ 100,000,000
Minimum total liquidity		150%
2027 Revolving Credit Facility | Line of Credit | Letter of Credit | Secured Overnight Financing Rate (SOFR)
Debt Instrument [Line Items]
Borrowing outstanding				$ 0

Commitments and Contingencies -

Commitments and Contingencies - Narrative (Details) $ in Millions	May 16, 2024 USD ($) action	Jul. 31, 2024 USD ($)	Jan. 31, 2024 USD ($)
Commitments and Contingencies Disclosure [Abstract]
Number of actions filed | action	1
Letters of credit outstanding		$ 0.4	$ 30.4
Restricted cash, released	$ 30

Commitments and Contingencies_2

Commitments and Contingencies - Schedule of Future Minimum Lease Payments Under All Non-cancellable Operating Leases (Details) - USD ($) $ in Thousands	Jul. 31, 2024	Jan. 31, 2024
Commitments and Contingencies Disclosure [Abstract]
2025 (remaining six months)	$ 3,332
2026	5,733
2027	5,505
2028	4,646
2029	4,044
Thereafter	2,303
Total undiscounted operating lease payments	25,563
Less: imputed interest	(4,100)
Total operating lease liabilities	21,463
Less: current portion of operating lease liabilities	(4,361)
Operating lease liabilities, noncurrent	$ 17,102	$ 17,350

Common Stock (Details)

Common Stock (Details) - USD ($) $ / shares in Units, $ in Millions	1 Months Ended	3 Months Ended	6 Months Ended
	Jul. 31, 2022	Jul. 31, 2023	Jul. 31, 2023	Jul. 31, 2024	Jan. 31, 2024	Jul. 01, 2022
Class of Stock [Line Items]
Common stock, shares authorized (in shares)				1,000,000,000	1,000,000,000
Common stock, par value (USD per share)				$ 0.0001	$ 0.0001
Common stock, shares outstanding (in shares)				430,830,553	421,116,720
Common stock, shares issued (in shares)				430,830,553	421,116,720
At-The-Market Offering
Class of Stock [Line Items]
Common stock, shares authorized (in shares)						1,000,000,000
Maximum consideration receivable	$ 500
Number of shares sold (in shares)		4,076,072	5,985,100
Consideration received on sold shares		$ 37.3	$ 54.8
Issuance costs		$ 0.4	$ 0.6
Shares available for future issuance				$ 161.6

Common Stock Warrants - Narrati

Common Stock Warrants - Narrative (Details) - Legacy Warrants - shares	3 Months Ended		6 Months Ended
	Jul. 31, 2024	Jul. 31, 2023	Jul. 31, 2024	Jul. 31, 2023	Jan. 31, 2024
Class of Warrant or Right [Line Items]
Warrants outstanding (in shares)	34,499,436		34,499,436		34,499,436
Warrants exercised (in shares)			0
Legacy Chargepoint | Common Stock
Class of Warrant or Right [Line Items]
Warrants exercised (in shares)	0	0	0	0

Common Stock Warrants - Warrant

Common Stock Warrants - Warrant Activity (Details) - Legacy Warrants	6 Months Ended
	Jul. 31, 2024 shares
Warrants Or Rights Outstanding Roll Forward [Roll Forward]
Outstanding at beginning of period (in shares)	34,499,436
Warrants exercised (in shares)	0
Outstanding at end of period (in shares)	34,499,436

Equity Plans and Stock-based _3

Equity Plans and Stock-based Compensation - Stock-based Compensation Expense (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 31, 2024	Jul. 31, 2023	Jul. 31, 2024	Jul. 31, 2023
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Total stock-based compensation expense	$ 18,769	$ 35,099	$ 40,368	$ 59,063
Cost of revenue
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Total stock-based compensation expense	1,526	1,938	2,610	2,933
Research and development
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Total stock-based compensation expense	10,731	15,847	19,033	25,353
Sales and marketing
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Total stock-based compensation expense	4,463	6,757	9,905	10,926
General and administrative
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Total stock-based compensation expense	$ 2,049	$ 10,557	$ 8,820	$ 19,851

Equity Plans and Stock-based _4

Equity Plans and Stock-based Compensation - Narrative (Details) $ in Millions	3 Months Ended	6 Months Ended
	Jul. 31, 2024 USD ($) shares	Jul. 31, 2024 USD ($) shares
Deferred Compensation Arrangement with Individual, Postretirement Benefits [Line Items]
Unrecognized stock-based compensation cost | $	$ 136.4	$ 136.4
Period for recognition (in years)		2 years 2 months 12 days
2021 Equity Incentive Plan
Deferred Compensation Arrangement with Individual, Postretirement Benefits [Line Items]
Common stock reserved (in shares)	37,590,709	37,590,709
Number of stock options granted (in shares)	0	0
Employee stock purchase plan
Deferred Compensation Arrangement with Individual, Postretirement Benefits [Line Items]
Common stock reserved (in shares)	15,498,912	15,498,912

Equity Plans and Stock-based _5

Equity Plans and Stock-based Compensation - Restricted Stock Units Activity (Details) - Restricted stock units	6 Months Ended
	Jul. 31, 2024 $ / shares shares
Number of Shares
Outstanding, beginning balance (in shares) | shares	28,416,127
Granted (in shares) | shares	22,271,093
Vested (in shares) | shares	(5,231,209)
Forfeited (in shares) | shares	(4,428,242)
Outstanding, ending balance (in shares) | shares	41,027,769
Weighted Average Grant Date Fair Value per Share
Outstanding, beginning balance (in dollars per share) | $ / shares	$ 7.35
Granted (in dollars per share) | $ / shares	1.51
Vested (in dollars per share) | $ / shares	7.09
Forfeited (in dollars per share) | $ / shares	9.77
Outstanding, ending balance (in dollars per share) | $ / shares	$ 3.95

Equity Plans and Stock-based _6

Equity Plans and Stock-based Compensation - Performance Restricted Stock Units Activity (Details) - Performance Shares	6 Months Ended
	Jul. 31, 2024 $ / shares shares
Number of Shares
Outstanding, beginning balance (in shares) | shares	3,147,782
Granted (in shares) | shares	1,208,250
Forfeited (in shares) | shares	(1,170,008)
Outstanding, ending balance (in shares) | shares	3,186,024
Weighted Average Grant Date Fair Value per Share
Outstanding, beginning balance (in dollars per share) | $ / shares	$ 6.79
Granted (in dollars per share) | $ / shares	1.26
Forfeited (in dollars per share) | $ / shares	10.47
Outstanding, ending balance (in dollars per share) | $ / shares	$ 3.34

Equity Plans and Stock-based _7

Equity Plans and Stock-based Compensation - Stock Option Activity (Details) - USD ($) $ / shares in Units, $ in Thousands	6 Months Ended	12 Months Ended
	Jul. 31, 2024	Jan. 31, 2024
Number of Stock Option Awards
Outstanding as of beginning of period (in shares)	11,396,756
Options exercised (in shares)	(2,629,090)
Options cancelled (in shares)	(76,860)
Outstanding as end of period (in shares)	8,690,806	11,396,756
Options vested and expected to vest at end of period (in shares)	8,690,806
Exercisable at end of period (in shares)	8,690,806
Weighted Average Exercise Price
Outstanding as of beginning of period (USD per share)	$ 0.74
Options exercised (USD per share)	0.58
Options cancelled (USD per share)	0.74
Outstanding as of end of period (USD per share)	0.78	$ 0.74
Options vested and expected to vest as of end of period (USD per share)	0.78
Exercisable as of end of period (USD per share)	$ 0.78
Weighted Average Remaining Contractual term (in years)
Outstanding (in years)	2 years 2 months 12 days	4 years 9 months 18 days
Options vested and expected to vest (in years)	2 years 2 months 12 days
Exercisable (in years)	2 years 2 months 12 days
Aggregate Intrinsic Value (in thousands)
Outstanding	$ 12,061	$ 13,276
Options vested and expected to vest	12,061
Exercisable	$ 12,061

Income Taxes (Details)

Income Taxes (Details)	3 Months Ended		6 Months Ended
	Jul. 31, 2024	Jul. 31, 2023	Jul. 31, 2024	Jul. 31, 2023
Income Tax Disclosure [Abstract]
Effective income tax rate	(2.50%)	(0.70%)	(1.50%)	(0.20%)

Basic and Diluted Net Loss pe_3

Basic and Diluted Net Loss per Share - Schedule of Loss Per Share Attributable to Common Stockholders, Basic and Diluted (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended				6 Months Ended
	Jul. 31, 2024	Apr. 30, 2024	Jul. 31, 2023	Apr. 30, 2023	Jul. 31, 2024	Jul. 31, 2023
Numerator:
Net loss	$ (68,874)	$ (71,799)	$ (125,255)	$ (79,388)	$ (140,673)	$ (204,643)
Denominator:
Weighted average common shares outstanding (in shares)	427,532,688		355,893,921		425,434,765	353,031,968
Less: Weighted average unvested restricted shares and shares subject to repurchase (in shares)	0		(17,114)		0	(23,495)
Weighted average shares outstanding - basic (in shares)	427,532,688		355,876,807		425,434,765	353,008,473
Weighted average shares outstanding - diluted (in shares)	427,532,688		355,876,807		425,434,765	353,008,473
Net loss per share - basic (USD per share)	$ (0.16)		$ (0.35)		$ (0.33)	$ (0.58)
Net loss per share - diluted (USD per share)	$ (0.16)		$ (0.35)		$ (0.33)	$ (0.58)

Basic and Diluted Net Loss pe_4

Basic and Diluted Net Loss per Share - Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share (Details) - shares	6 Months Ended
	Jul. 31, 2024	Jul. 31, 2023
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Total potentially dilutive common share equivalents (in shares)	115,572,139	87,864,643
Convertible Notes
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Total potentially dilutive common share equivalents (in shares)	24,999,990	12,483,569
Options to purchase common stock
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Total potentially dilutive common share equivalents (in shares)	8,690,806	15,366,376
Restricted stock units
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Total potentially dilutive common share equivalents (in shares)	41,027,769	22,763,199
Unvested early exercised common stock options
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Total potentially dilutive common share equivalents (in shares)	0	12,178
Common stock warrants
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Total potentially dilutive common share equivalents (in shares)	34,499,436	34,499,436
Employee stock purchase plan
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Total potentially dilutive common share equivalents (in shares)	6,354,138	2,739,885

Subsequent Event (Details)

Subsequent Event (Details) - Subsequent Event - September 2024 Reorganization $ in Millions	Sep. 04, 2024 USD ($)
Subsequent Event [Line Items]
Reduction in workforce	15%
Restructuring, expected charges	$ 10