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Profit & Loss Calculator

Track revenue, expenses, gross profit, operating profit, and net profit margin before financial drift turns into a cash-flow problem.

Revenue

Separate service calls, projects, maintenance, and add-on work so the mix is visible.

Cost of goods

Track materials, subcontractors, direct labor, and other costs tied to delivered work.

Operating expenses

Keep office payroll, vehicles, rent, software, insurance, and marketing in view.

Margin health

Review gross, operating, and net margin before making pricing or hiring decisions.

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Profit & Loss Calculator

Track revenue, expenses, and calculate your net profit margins

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Understanding Your P&L Statement

A P&L statement shows:

  • Gross Profit: Revenue minus direct costs (materials, labor)
  • Operating Profit: Gross profit minus operating expenses
  • Net Profit: Your bottom line after all expenses
  • Profit Margins: Profitability as percentage of revenue

Revenue

Total income from sales and services

Cost of Goods Sold (COGS)

Direct costs to deliver services
Total COGS:$120,000

Operating Expenses

Overhead and administrative costs
Total Operating Expenses:$106,000

Net Profit

Your Bottom Line

$24,000

Net Margin

9.6%

Total Revenue

$250,000

Profit & Loss Statement

Revenue$250,000
Materials-$50,000
Direct Labor-$60,000
Equipment-$10,000
Gross Profit
$130,000
52.0% margin
Rent/Lease-$24,000
Insurance-$12,000
Admin Salaries-$40,000
Marketing-$8,000
Other Operating-$22,000
Operating Profit
$24,000
9.6% margin
Net Profit
$24,000
9.6% margin

Industry Benchmarks

Healthy trade businesses typically have:

  • Gross Margin: 40-60%
  • Operating Margin: 15-25%
  • Net Margin: 10-20%
  • COGS: 40-60% of revenue
Owner review

Turn the P&L into decisions

A clean P&L should point to action: pricing, labor planning, cost control, or service-mix changes.

  • Review P&L after pricing changes to confirm margin improved, not just revenue.
  • Compare expenses against break-even before committing to new fixed costs.
  • Use the numbers to decide which service lines need tighter quoting or better labor planning.

Is revenue quality improving?

Separate profitable growth from booked work that keeps the team busy but leaves weak cash.

Where did cost move?

Watch materials, warranty work, subcontractors, fuel, and non-billable labor as separate signals.

Can payroll scale?

Compare revenue per tech and office cost before adding permanent headcount.

Is marketing paying back?

Tie spend to booked revenue and close rate instead of only leads or impressions.

Month-end rhythm

Use the P&L as an operating meeting

Close

Confirm invoices, payments, payroll, inventory, and vendor bills before reviewing margin.

Compare

Look at gross, operating, and net margin against the prior month and seasonal expectation.

Decide

Turn variance into pricing, staffing, purchasing, or marketing actions with a clear owner.

Avoid these reads

The P&L needs operating context

Clean numbers still need job, collection, payroll, and inventory context before they can drive a decision.

  • Reviewing revenue without separating collected cash from open invoices.
  • Treating owner labor as free when the business still depends on it.
  • Waiting until tax season to notice margin drift that started months earlier.
Variance review

Explain what changed before deciding what to change

A useful P&L review separates movement in revenue, cost, and ownership so the next action is clear.

Revenue mix

Compare service, project, maintenance, and emergency work so growth does not hide a weaker mix.

Cost movement

Review labor, parts, fuel, vendor bills, refunds, and warranty work beside the month-end result.

Action owner

Assign each variance to pricing, dispatch, purchasing, payroll, marketing, or collections before the meeting ends.

Monthly packet

Pair the P&L with open invoices, aged receivables, job margin, and payroll context.

Service-line view

Break down margin by trade, crew, or category so the owner sees where profit is actually made.

Decision calendar

Schedule pricing, hiring, purchasing, and marketing decisions around the financial review rhythm.

See the margin before it becomes a cash problem.

Thorbis One is $299/month + usage at cost — unlimited users, no per-seat fees, and a $100/month utilities credit included.

Built for operators

A shared operating layer behind every page

Whether a buyer starts on an industry, feature, migration, or tool page, Thorbis routes the conversation back to the same product system: jobs, money, customers, and team work in one place.

01

One workspace

CRM, dispatch, estimates, invoices, payments, and reporting stay connected.

02

Unlimited users

Bring owners, office staff, dispatchers, techs, and managers into the same system.

03

Guided switch

Migration planning, validation, and cutover support are built into the buying path.