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  2. Total Revenue - COGS

    Once you have your revenue and COGS, you can calculate Gross Profit by subtracting COGS from your total revenue. In Google Sheets, you can use a simple formula: =Total Revenue - COGS
    www.thebricks.com/resources/how-to-create-a-profit-and-loss-statement-in-google-sheets
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    Jan 31, 2024 · Profit margin shows the profit from sales as a percentage. It’s calculated by subtracting the cost of goods sold (COGS) from revenue and …

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