How to calculate Gross Margin?

The gross margin is the difference between revenue and cost to produce a product. Gross Margin - total sales less expenses such as raw materials, labor costs etc., divided by total amount sold or marketed It's important for businesses large and small because it can help them see where they're making good decisions with their money when things are going smoothly! If you have high margins then that means there was lots of profit left over after all those expenses were taken care off; however if your MARGIN rate falls short then perhaps its time consider lowering some prices?

Calculate Gross Margin in Google Sheets in seconds

LiveFlow's Google Sheets Add-On is an easy-to-use tool to help you bring your financial data into your Google Sheet in a matter of seconds.

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