Free business template

Profit and Loss Statement Template

Enter revenue, cost of goods sold and operating expenses to produce a clear profit and loss statement for any period.

Use the tool

Loading the tool...

How to use it

  1. Name the period and choose the currency.
  2. Add your revenue lines, then your cost of goods sold, then operating expenses.
  3. Optionally enter an income tax rate to see profit after tax.
  4. Print or save as PDF, or export the lines to CSV.

Tips for best results

  • Gross profit is revenue minus cost of goods sold; net profit is what remains after all expenses and tax.
  • Keep the same line names each period so you can compare statements.

Frequently asked questions

What does a profit and loss statement show?

Whether the business made a profit or a loss over a period, and where the money came from and went.

Is the tax calculation reliable?

It applies the rate you enter to positive operating profit. Actual tax rules are more complex, so confirm with a professional.

← Back to Business Templates