Shopify Profit Calculator
Calculate your real profit margin after COGS, refunds, and payment fees.
Quick Answer
Your real Shopify profit equals Revenue minus COGS, refunds, payment processing fees, and shipping costs. On $20,000 monthly revenue with typical costs (30% COGS, 5% refunds, 2.9% fees), you keep about $12,420 — a 62% margin. Use this free calculator to get your exact number instantly.
How It Works
Most Shopify merchants track revenue but not real profit. This calculator helps you estimate your actual profit by factoring in the three biggest hidden costs: Cost of Goods Sold (COGS), Refunds, and Payment Processing Fees.
Profit = Revenue - (Revenue × COGS%) - (Revenue × Refund%) - (Revenue × Fee%)
Enter Revenue & Costs
Monthly revenue, COGS %, refund rate, payment fee %.
Subtract Hidden Costs
Strips COGS, refunds, and processing fees from gross.
Real Profit Margin
Net profit in dollars and as a margin percentage.
Example
A store making $20,000/month with 30% COGS, 5% refund rate, and 2.9% payment fees:
- Revenue: $20,000
- COGS: -$6,000 (30%)
- Refunds: -$1,000 (5%)
- Payment Fees: -$580 (2.9%)
- Estimated Profit: $12,420 (62.1% margin)
Turn this estimate into your real profit number
This calculator approximates profit from percentages. The full Profit Reality Score calculates your exact margin from actual orders — refunds, hidden fees, and shipping gaps broken out per SKU, with a prioritized fix list.
- Full 3-dimension Profit Reality Score (Profit / Hidden Fees / Revenue Risk)
- Prioritized fix list — what to stop bleeding first
- Full SKU-level profit ranking in the report
- Printable PDF for your accountant
- $9 one-time. No subscription, no account.
Frequently Asked Questions
How is Shopify profit calculated?
Shopify profit = Revenue - COGS - Refunds - Payment Processing Fees - Shipping Costs. Most merchants only track revenue, but the real profit is what remains after all costs.
What is a good profit margin for Shopify stores?
A healthy Shopify profit margin is typically 20% or higher. If your margin is below 10%, you should review your COGS, refund rate, and payment fees to find areas for improvement.
What are typical Shopify payment processing fees?
Shopify Payments charges around 2.9% + $0.30 per transaction for online stores in the US. Third-party payment providers may charge different rates. This calculator uses 2.9% as the default.
How do refunds affect my Shopify profit?
Refunds reduce your revenue directly, but they also cost you in payment processing fees (which are usually not refunded), shipping costs for return labels, and restocking labor.
What is COGS and how do I calculate it?
COGS (Cost of Goods Sold) is the direct cost of producing or purchasing the products you sell. For a typical Shopify store, COGS ranges from 20-50% of revenue.
Is this calculator accurate?
This calculator provides an estimate based on the percentages you input. For precise numbers, use our CSV Profit Checker to analyze your actual Shopify Orders export.