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Business

Gross Profit Calculator

Work out gross profit and gross margin from revenue and cost of goods sold for your Australian business.

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Your results

Gross profit$80,000.00
Gross margin40%
Revenue$200,000.00
Cost of goods sold$120,000.00

Calculation breakdown

Gross profit
Revenue − COGS
Gross margin
(Gross profit ÷ Revenue) × 100

Worked example

A Sydney homewares retailer with $200,000 revenue and $120,000 in cost of goods sold has a gross profit of $80,000, a 40% gross margin.

Assumptions

  • COGS should only include direct production or purchase costs, not overheads.
  • Figures should be for the same period, e.g. both for one financial year.
  • This is a general business calculation, not tax or accounting advice.

How this calculator works

This calculator subtracts your cost of goods sold from revenue to show gross profit in dollars and as a percentage margin. Enter your sales revenue and direct costs to see how much is left before overheads.

Frequently asked questions

What counts as cost of goods sold?

COGS is the direct cost of producing what you sell, such as materials, stock purchases and direct labour, but not rent, marketing or admin costs.

Is gross profit the same as net profit?

No. Gross profit is revenue minus COGS only. Net profit also subtracts operating expenses, interest and tax.

What is a healthy gross margin?

It varies widely by industry — retail often runs 20–40%, while services can be much higher. Compare against your own sector benchmarks.

Results are estimates only and are not financial, tax, legal or credit advice.

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