Track your business profitability at a glance. Enter revenue, cost of goods sold, operating expenses and other income to get a full profit breakdown.
How to use the Profit & Loss Statement Builder
- Enter your revenue and cost of goods sold.
- Add operating expenses and any other income.
- Set your estimated tax rate.
- Review your gross profit, operating profit, net profit and margin.
Why use FreeToolsNets's Profit & Loss Statement Builder?
- 100% free, with no usage limits and no account required.
- Everything runs locally in your browser — nothing you type is uploaded or stored on a server.
- Works on desktop, tablet and mobile in any modern browser.
- No installation, no plugins, and no ads blocking the tool itself.
Frequently asked questions
Is this a substitute for proper accounting?
No — this gives a quick estimate for planning; use certified accounting software or a professional for statutory filings.
Can I use this monthly?
Yes — just re-run it with each period's figures to track trends over time.
Is this tool free to use?
Yes, completely free on FreeToolsNets, with no sign-up and no limits.
Is my data sent to a server?
No. Everything runs locally in your browser using JavaScript — nothing you enter is uploaded anywhere.
Does it work on mobile?
Yes, the widget is fully responsive and works on phones, tablets and desktops.