📊Profit & Loss Calculator

Create a simple P&L statement from revenue and expense entries.

Revenue

Expenses

Total Revenue

$0.00

Total Expenses

$0.00

Net Profit

$0.00

About Profit & Loss Calculator

The Profit & Loss Calculator helps you build a simple income statement by entering revenue streams and expense categories, instantly showing your gross profit, operating expenses, and net profit or loss. It's ideal for small business owners, freelancers, and students who need a quick financial snapshot without complex accounting software.

How to Use Profit & Loss Calculator

1
Enter your revenue streams
Add each source of income with its amount — such as product sales, service fees, or subscription revenue.
2
Add your expenses
List all expenses by category such as rent, salaries, marketing, and materials, and enter the amount for each.
3
Review your P&L summary
The tool instantly calculates your gross profit, total expenses, and net profit or loss at the bottom of the statement.

Common Use Cases

Small business owners reviewing monthly or quarterly financial performance
Freelancers calculating annual income versus business expenses for taxes
Startup founders preparing financial summaries for investor pitches
Students learning to read and build basic income statements

Frequently Asked Questions

What is a profit and loss statement?

A P&L statement (also called an income statement) summarizes your revenues, costs, and expenses over a period to show whether your business made a profit or incurred a loss.

Can I export the P&L as a PDF or spreadsheet?

Yes — once you've entered your figures, you can export the statement as a formatted PDF or copy the data to paste into a spreadsheet for further analysis.

How is net profit calculated?

Net profit is calculated by subtracting your total operating expenses and cost of goods sold from your total revenue. The tool performs this automatically as you enter figures.