Profit & Loss Calculator
PopularTrack revenue, expenses, and calculate your net profit margins
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