Free Online Profit & Loss Statement Generator
Achieve financial visibility by generating professional profit and loss statements easily with our free online tool.
How to Use the Free Profit & Loss Statement Generator?
Follow these simple steps to generate a detailed Profit & Loss Statement for your business:
- 1. Enter Company Information: Add your business name and the reporting period/date.
- 2. Choose Currency: Select your preferred currency (USD, EUR, INR, GBP) from the settings panel.
- 3. Add Revenue: Input your revenue sources. Add rows for each income stream like product sales or service income.
- 4. Add Cost of Goods Sold (COGS): Include all direct costs like raw materials, inventory, or production expenses.
- 5. Include Operating Expenses: List items such as rent, utilities, salaries, marketing, and admin costs.
- 6. Add Other Income or Expenses: Record non-core income (e.g. rental income) and unusual expenses (e.g. currency loss).
- 7. Fixed Costs: Enter depreciation, amortization, and interest expenses.
- 8. Tax Details: Specify income tax amounts to calculate net profit accurately.
- 9. Review Calculations: Totals like Gross Profit, Net Profit, Margins, and EBITDA are automatically calculated.
- 10. Preview or Download: Use the buttons to preview your statement or download it as PDF/Excel.
What Inputs Are Required?
- Company name
- Currency selection
- Reporting period or end date
- Revenue streams and values
- Cost of goods sold (COGS)
- Operating and other expenses
- Fixed expenses (optional)
- Income taxes (optional)
Where Can You Use This Profit & Loss Statement?
- 📊 Business reports and internal analysis
- 📁 Investor presentations or fundraising decks
- 🏦 Loan or credit applications
- 💼 Financial records for tax filing
- 📧 Sharing with clients, stakeholders, or team
Frequently Asked Questions (FAQs)
Can I edit entries online?
Yes. All rows and values are editable. Click into any field to change text or numbers instantly.
Is this generator free to use?
Absolutely. It’s completely free—no registration or payment required to use or download.
Can I add custom income/expense rows?
Yes. Click the “+” button beside each section (Revenue, Expenses, etc.) to add custom rows.
Can I download it as PDF or Excel?
Yes. Use the PDF or Excel buttons to download your finalized report in your preferred format.
How are margins and totals calculated?
All totals, percentages, and profit margins are automatically calculated when you input values.