Worked Examples

Profit Calculation Examples — Real Numbers, Step by Step

The best way to understand profit calculation is through real examples. Below you'll find worked examples for four different business types — each showing gross profit, net profit, and profit margin using actual numbers. Use these as templates for your own profit calculations.

Profit Formulas (Quick Reference)

Gross Profit

Revenue − COGS

Net Profit

Revenue − COGS − Expenses

Profit Margin

(Net Profit ÷ Revenue) × 100

4 Real Profit Calculation Examples

1

Retail Store

Revenue

$85,000

COGS

$52,000

Overhead

$18,000

Net Profit

$15,000

Gross Margin

38.8%

Net Margin

17.6%

Gross Profit

$33,000

2

Freelance Designer

Revenue

$72,000

COGS

$8,000

Overhead

$12,000

Net Profit

$52,000

Gross Margin

88.9%

Net Margin

72.2%

Gross Profit

$64,000

3

E-commerce Shop

Revenue

$120,000

COGS

$68,000

Overhead

$22,000

Net Profit

$30,000

Gross Margin

43.3%

Net Margin

25.0%

Gross Profit

$52,000

4

Restaurant

Revenue

$380,000

COGS

$152,000

Overhead

$145,000

Net Profit

$83,000

Gross Margin

60.0%

Net Margin

21.8%

Gross Profit

$228,000

Calculate Your Own Profit

Enter your revenue and costs to get instant gross profit, net profit, and margin.

Open Calculator

Frequently Asked Questions

What is the difference between gross profit and net profit?

Gross profit = Revenue − Cost of Goods Sold (COGS). Net profit = Revenue − COGS − Operating Expenses − Taxes. Gross profit shows production efficiency; net profit shows overall business health.

What is a good profit margin?

It varies by industry. Software: 20–40% net margin. Retail: 2–5%. Restaurants: 3–9%. Consulting: 15–30%. Compare your margin to industry benchmarks, not a universal standard.

How do I increase profit without raising prices?

Reduce COGS through better supplier negotiation, cut overhead costs, improve operational efficiency, upsell higher-margin products, and reduce customer acquisition costs.

What is the profit formula?

Gross Profit = Revenue − COGS. Net Profit = Revenue − COGS − Operating Expenses. Profit Margin % = (Net Profit ÷ Revenue) × 100.

Can a business have high revenue but low profit?

Yes. High revenue with thin margins is common in retail and restaurants. A business making $1M in revenue but spending $980k has only a 2% profit margin — very vulnerable to any cost increase.