Free download. No sign-up, no email.
Download Excel (.xlsx)8 KBWho this template is for
- Small business owners tracking results
- Business plan writers
- Freelancers and self-employed people
How to fill it in
- Enter monthly revenue by category.
- Enter cost of goods sold.
- Add operating expenses.
- Review gross profit and net income rows.
- Compare months to spot trends.
What is inside
- Sheet: Profit and Loss
- Revenue
- Product sales
- Service revenue
- Total revenue
- Cost of goods sold
- Materials and inventory
- Direct labor
- Shipping and fees
- Total cost of goods sold
- Operating expenses
- Salaries and wages
- Rent
- Utilities
- Marketing and advertising
- Insurance
- Software and subscriptions
- Professional fees
- Office and supplies
- Depreciation
- Total operating expenses
- Gross profit
- Gross margin
- Operating income
- Interest expense
- Income tax (estimate)
Writing a full business plan?
Browse 39 free sample plans by industry, each with startup costs and projections.
Frequently asked questions
What is included in a profit and loss statement?
Revenue, cost of goods sold, gross profit, operating expenses, other income and expenses, taxes and net income.
Is a P&L the same as an income statement?
Yes. The terms are used interchangeably.
Is this profit and loss statement template free to use?
Yes. Download it, edit it and use it for your own business at no cost. No account or email address is required.