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Gross Profit Calculator - Free Business Calculator | ASK SMB
Financial

Gross Profit Calculator

Calculate gross profit and gross profit margin for your business. Free calculator for small business owners, founders, and finance teams.

Calculate Gross Profit

Input Values

$

Total sales revenue

$

Direct costs to produce goods or services

Results

Revenue cannot be zero

Gross Profit

$0

Revenue minus COGS

Gross Profit Margin

0%

Profitability as a percentage

Profitability Indicator

N/A

🔴 Low: < 30%

🟡 Average: 30% - 60%

🟢 Strong: > 60%

Profit Breakdown

Total Revenue:$0
− COGS:$0
= Gross Profit:$0

Revenue Breakdown

How the Gross Profit Calculator Works

What is gross profit?

Gross profit is the profit remaining after subtracting the cost of goods sold (COGS) from total revenue. It represents the amount of money your business retains after covering direct production or acquisition costs, before accounting for operating expenses, taxes, and interest. Gross profit is a fundamental indicator of your business's production efficiency and pricing effectiveness. It shows whether you're charging enough for your products or services relative to what they cost to produce or acquire.

Gross profit vs net profit

Gross profit only considers direct production costs (COGS) and is calculated as Revenue - COGS. Net profit is the final bottom line after all expenses, including operating expenses, interest, taxes, and depreciation. Gross profit shows how efficiently you produce or acquire products. Net profit shows overall business profitability. You can have strong gross profit but low net profit if operating expenses are too high. Both metrics are essential: gross profit for production and pricing decisions, net profit for overall business health assessment.

Why gross profit matters

Gross profit is critical for several reasons: it reveals pricing effectiveness and whether you're charging enough for your products; it shows production efficiency and cost control; it helps you compare profitability across different products or services; it indicates whether you have enough margin to cover operating expenses and generate net profit; and it provides early warning signs of margin erosion from rising costs or pricing pressure. Investors and lenders use gross profit margin to assess business viability and compare companies within the same industry.

What is a good gross margin?

A "good" gross margin varies significantly by industry:

  • Software/SaaS: 70-90% (low direct costs, highly scalable)
  • Retail: 30-50% (competitive markets, lower margins)
  • Manufacturing: 25-40% (higher production costs)
  • Restaurants: 60-70% (food costs only)
  • Professional Services: 50-70% (primarily labor)
  • E-commerce: 40-60% (varies by product type)

Focus on improving your margin over time while remaining competitive in your specific industry. Higher margins provide more cushion for operating expenses and profit.

How to improve gross profit

  • Increase prices strategically without losing customers
  • Reduce COGS by negotiating better supplier terms
  • Improve production efficiency to lower unit costs
  • Eliminate waste and optimize inventory management
  • Focus on higher-margin products or services
  • Automate production processes to reduce labor costs
  • Buy materials in bulk for volume discounts
  • Reduce product returns and defects
  • Upsell and cross-sell to increase average transaction value
  • Regularly review and optimize your product mix
  • Implement value-based pricing instead of cost-plus pricing

Example Calculation

Revenue:$50,000
COGS:$30,000
Gross profit:$20,000
Gross margin:40%

Frequently Asked Questions

Gross profit is the profit a company makes after deducting the costs directly associated with making and selling its products or providing its services. It's calculated by subtracting Cost of Goods Sold (COGS) from total revenue. Gross profit represents the amount of money left over to cover operating expenses, taxes, and generate net profit. It's a key indicator of production efficiency and pricing strategy effectiveness. Unlike net profit, gross profit doesn't account for operating expenses, interest, or taxes.

💡 Quick Tips

  • All calculations happen in your browser - your data is private
  • Results update in real-time as you type
  • Export to PDF or share via link
  • No sign-up required

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