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ChargePoint Holdings (ChargePoint Holdings) Gross Margin % : 19.34% (As of Jan. 2024)


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What is ChargePoint Holdings Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. ChargePoint Holdings's Gross Profit for the three months ended in Jan. 2024 was $22.4 Mil. ChargePoint Holdings's Revenue for the three months ended in Jan. 2024 was $115.8 Mil. Therefore, ChargePoint Holdings's Gross Margin % for the quarter that ended in Jan. 2024 was 19.34%.


The historical rank and industry rank for ChargePoint Holdings's Gross Margin % or its related term are showing as below:

CHPT' s Gross Margin % Range Over the Past 10 Years
Min: 5.94   Med: 18.36   Max: 22.49
Current: 5.95


During the past 5 years, the highest Gross Margin % of ChargePoint Holdings was 22.49%. The lowest was 5.94%. And the median was 18.36%.

CHPT's Gross Margin % is ranked worse than
94.51% of 1093 companies
in the Retail - Cyclical industry
Industry Median: 36.51 vs CHPT: 5.95

ChargePoint Holdings had a gross margin of 19.34% for the quarter that ended in Jan. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for ChargePoint Holdings was 0.00% per year.


ChargePoint Holdings Gross Margin % Historical Data

The historical data trend for ChargePoint Holdings's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

ChargePoint Holdings Gross Margin % Chart

ChargePoint Holdings Annual Data
Trend Jan20 Jan21 Jan22 Jan23 Jan24
Gross Margin %
12.48 22.49 22.21 18.36 5.94

ChargePoint Holdings Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 21.59 23.48 0.75 -21.71 19.34

Competitive Comparison of ChargePoint Holdings's Gross Margin %

For the Specialty Retail subindustry, ChargePoint Holdings's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


ChargePoint Holdings's Gross Margin % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, ChargePoint Holdings's Gross Margin % distribution charts can be found below:

* The bar in red indicates where ChargePoint Holdings's Gross Margin % falls into.



ChargePoint Holdings Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

ChargePoint Holdings's Gross Margin for the fiscal year that ended in Jan. 2024 is calculated as

Gross Margin % (A: Jan. 2024 )=Gross Profit (A: Jan. 2024 ) / Revenue (A: Jan. 2024 )
=30.1 / 506.639
=(Revenue - Cost of Goods Sold) / Revenue
=(506.639 - 476.521) / 506.639
=5.94 %

ChargePoint Holdings's Gross Margin for the quarter that ended in Jan. 2024 is calculated as


Gross Margin % (Q: Jan. 2024 )=Gross Profit (Q: Jan. 2024 ) / Revenue (Q: Jan. 2024 )
=22.4 / 115.832
=(Revenue - Cost of Goods Sold) / Revenue
=(115.832 - 93.428) / 115.832
=19.34 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


ChargePoint Holdings  (NYSE:CHPT) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

ChargePoint Holdings had a gross margin of 19.34% for the quarter that ended in Jan. 2024 => No sustainable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


ChargePoint Holdings Gross Margin % Related Terms

Thank you for viewing the detailed overview of ChargePoint Holdings's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


ChargePoint Holdings (ChargePoint Holdings) Business Description

Traded in Other Exchanges
Address
240 East Hacienda Avenue, Campbell, CA, USA, 95008
ChargePoint designs, develops, and markets networked electric vehicle charging system infrastructure and cloud-based services that enable consumers to locate, reserve, and authenticate EV charging. The company's hardware product lineup includes solutions across home, commercial, and fast-charging applications. ChargePoint derives the majority of its revenue from the United States.
Executives
Michael D Hughes officer: See Remarks C/O CHARGEPOINT INC, 254 E. HACIENDA AVENUE, CAMPBELL CA 95008
Richard Wilmer officer: See Remarks ARUBA NETWORKS, INC., 1322 CROSSMAN AVENUE, SUNNYVALE CA 94089
Rebecca Chavez officer: General Counsel and Secretary 254 E. HACIENDA AVENUE, CAMPBELL CA 95008
Henrik Gerdes officer: Chief Accounting Officer 1900 SEAPORT BLVD, REDWOOD CITY CA 94063
Rex S Jackson officer: Chief Financial Officer C/O SYMYX TECHNOLOGIES, INC., 3100 CENTRAL EXPRESSWAY, SANTA CLARA CA 95051
Q-grg Vii (cp) Investment Partners, Llc 10 percent owner, other: See Remarks 800 CAPITOL STREET, STE 3600, HOUSTON TX 77002-2932
Ekta Singh-bushell director 9197 S. PEORIA ST., ENGLEWOOD CO 80112
Michael Linse director, 10 percent owner 254 E. HACIENDA AVENUE, CAMPBELL CA 95008
Bruce R Chizen director C/O ADOBE SYSTEMS INC, 345 PARK AVENUE P O BOX 2704, SAN JOSE CA 95110-2704
Pasquale Romano director, officer: See Remarks 254 E. HACIENDA AVENUE, CAMPBELL CA 95008
William J Loewenthal officer: Senior Vice President, Product 254 E. HACIENDA AVENUE, CAMPBELL CA 95008
Eric Sidle officer: See Remarks 254 E. HACIENDA AVENUE, CAMPBELL CA 95008
Lawrence Lee officer: See Remarks 254 E. HACIENDA AVENUE, CAMPBELL CA 95008
Jansen Colleen officer: Chief Marketing Officer 254 E. HACIENDA AVENUE, CAMPBELL CA 95008
Linse Capital Llc 10 percent owner 53 CALLE PALMERAS, SUITE 601, SAN JUAN PR 00901

ChargePoint Holdings (ChargePoint Holdings) Headlines

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