Shopify Profit Calculator
Calculate your net profit on Shopify including transaction fees, shipping, and monthly subscription costs. Free profit calculator for Shopify store owners.
Inputs
Enter the minimum numbers needed to get a result.
Formula and example
Transaction cost = Selling price x Transaction fee % / 100; Net profit per unit = Selling price - Product cost - Shipping - Transaction cost; Annualized = (Net profit x 100 - Subscription) x 12
A $60 item that costs $25, with $8 shipping, 2.9% transaction fee, and $29/mo plan yields $25.26 net profit per unit. At 100 units/month, annualized profit is $29,964.
Methodology & assumptions
Last updated: 2026-06-12Calculation method
Calculates per-unit profit by deducting product cost, shipping, and credit card processing fees from the selling price. Annualized profit multiplies per-unit profit by your monthly units sold (default 100), subtracts the monthly Shopify subscription, and annualizes over 12 months.
Data sources
Uses the numbers you enter and standard small-business finance formulas. Benchmark comparisons use HustleFin industry benchmark pages where available.
Limitations
Does not include app subscriptions, theme costs, domain fees, advertising spend, or returns. Annualized profit assumes constant monthly unit sales — enter your own units-per-month estimate for an accurate figure.
Input definitions
- Product cost: Cost to manufacture, source, or produce each unit.
- Selling price: Your retail price on your Shopify store.
- Shipping cost: Average shipping cost per order to the customer.
- Monthly subscription fee: Your monthly Shopify plan cost (Basic starts at $29/mo).
- Transaction fee: Credit card processing fee — 2.9% + $0.30 per transaction is typical.
- Units sold per month: Average number of units you sell each month — used for the annualized profit estimate.
Frequently asked questions
What Shopify fees are included?+
This calculator includes the monthly subscription fee (Basic $29, Shopify $79, Advanced $299) and the credit card processing fee of 2.9% + $0.30 per transaction. Third-party payment gateway fees may differ.
How do I reduce Shopify fees?+
Use Shopify Payments to avoid additional transaction fees. Upgrade plans lower the credit card processing rate. Calculate whether the lower rate on a higher-tier plan offsets the higher monthly cost based on your sales volume.
What about app costs?+
Shopify apps (email marketing, reviews, upsells) often charge monthly fees. Add these to the monthly subscription field to see their impact on annualized profit.
Is this calculator suitable for dropshipping?+
Yes. Enter your supplier cost as the product cost and your sale price as the selling price. Add any dropshipping app fees to the subscription cost field.
Related guides
Go deeper with in-depth guides on the concepts behind this calculator.
Continue the workflow
Estimate margin, convert margin to markup, then check the sales volume needed to break even.