What is an income statement waterfall?

An income statement waterfall is a bar chart that walks from total revenue down to net income, with each step showing how much a cost or tax line removes (or adds). Subtotals — gross profit, operating income, pre-tax income — are anchored to zero so the cascade reconciles exactly to the bottom line.

How much of ChargePoint Holdings (CHPT) revenue becomes net income?

For TTM through Q2 2026, ChargePoint Holdings turned $415M of revenue into -$206M of net income — a net margin of -49.7%. The waterfall shows where the rest goes: cost of revenue, operating expenses, non-operating items, and taxes.

What are ChargePoint Holdings (CHPT) gross, operating, and net margins?

For TTM through Q2 2026, ChargePoint Holdings reported a gross margin of 30.6%, an operating margin of -49%, and a net margin of -49.7%. Each subtotal in the waterfall corresponds to one of these margins.

Why does ChargePoint Holdings (CHPT) have such a high (or low) gross margin?

Gross margin (gross profit ÷ revenue) reflects how much of each revenue dollar remains after direct production costs. Capital-light software and platform businesses often show gross margins above 60–80% because their cost of revenue is mainly hosting and support. Hardware, retail, and commodity businesses show lower gross margins because raw materials and manufacturing costs are significant. The waterfall makes this visible at a glance — the size of the "Cost of Revenue" bar relative to Revenue is the gross margin complement.

What is the difference between gross, operating, and net margin?

Gross margin = (Revenue − Cost of Revenue) ÷ Revenue. It measures production efficiency. Operating margin = Operating Income ÷ Revenue. It adds operating expenses (R&D, S&M, G&A) and measures the profitability of core operations. Net margin = Net Income ÷ Revenue. It also includes interest, other income/expense, and taxes, and represents the shareholder take after everything.

ChargePoint Holdings (CHPT) Income Statement Waterfall

Revenue

$415M

Gross Margin

+30.6%

Operating Margin

-49.0%

Net Margin

-49.7%

Income statement waterfall for ChargePoint Holdings (CHPT) — TTM through Q2 2026

Net income: -$206M

Margin breakdown for ChargePoint Holdings (CHPT) — TTM through Q2 2026

Line item	Amount	Running total
Revenue	$415M	$415M
Cost of Revenue	-$288M	$127M
Gross Profit	$127M	$127M
Operating Expenses	-$331M	-$203M
Operating Income	-$203M	-$203M
Other Income / Expense	$1.81M	-$202M
Pre-tax Income	-$202M	-$202M
Income Tax	-$4.63M	-$206M
Net Loss	-$206M	-$206M

Revenue$415M
Cost of Revenue-$288M
Gross Profit$127M
Operating Expenses-$331M
Operating Income-$203M
Other Income / Expense$1.81M
Pre-tax Income-$202M
Income Tax-$4.63M
Net Loss-$206M

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