Understanding Profit Margin
Profit margin is the percentage of revenue that becomes profit. A 30% profit margin means you keep $0.30 of every dollar sold. Higher margin = more profitable.
3 Types of Profit Margins:
Gross Margin: (Revenue - COGS) ÷ Revenue = Shows production efficiency
Operating Margin: (Operating Income) ÷ Revenue = Shows core business profitability after operating expenses
Net Margin: (Net Income) ÷ Revenue = Bottom line profit after ALL expenses
Gross Profit Margin
(Revenue - COGS) ÷ Revenue × 100 = Gross Margin %
Real-World Profit Margin Examples
Example 1: Amazon FBA Product (HEALTHY)
- Revenue: $10,000
- COGS (products): $4,000
- Amazon Fees: $1,500
- Operating Costs: $2,000
- Taxes: $800
Net Margin = ($10K - $4K - $1.5K - $2K - $0.8K) / $10K = 17% ✓ GOOD
Example 2: Low-Margin Commodity (RISKY)
- Revenue: $10,000
- COGS: $7,500
- Fees & Expenses: $1,800
- Taxes: $500
Net Margin = ($10K - $7.5K - $1.8K - $0.5K) / $10K = -0.8% ✗ LOSING MONEY
Example 3: High-Margin Digital Product (EXCELLENT)
- Revenue: $10,000
- COGS: $1,000 (mostly delivery/hosting)
- Operating Costs: $3,000
- Taxes: $1,200
Net Margin = ($10K - $1K - $3K - $1.2K) / $10K = 48% ✓ EXCEPTIONAL
Critical Margin Insights
- Gross margin shows efficiency: Your ability to produce profitably. 40%+ is healthy.
- Operating margin shows scalability: After covering core operations. 15%+ means business is scalable.
- Net margin is the truth: What you actually keep. Most sellers surprise how low this really is.
- Compare margins over time: Declining margins = rising costs. Investigate immediately.