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How to Calculate Net Profit in Google Sheets

Making the most of your Google Sheets data

What is Net Profit?

Net profit is the difference between your total revenue and your total expenses.

Net profit is the most basic metric of any business. It's the money left over after all the bills are paid.

Net profit is the metric that you should look at first when evaluating your business. If your net profit is positive, you're making money. If your net profit is negative, you're losing money.

How do you calculate Net Profit in Google Sheets?

It can be difficult to calculate Net Profit directly inside of Google Sheets; that's where Causal comes in.

Causal is a modelling tool which lets you build models on top of your Google Sheets data. You simply connect Causal to your Google Sheets account, and then you can build formulae in Causal to calculate your Net Profit.

What is Causal?

Causal lets you build models effortlessly and share them with interactive, visual dashboards that everyone will understand.

In Causal, you build your models out of variables, which you can then link together in simple plain-English formulae to calculate metrics like Net Profit. This makes your models easy to understand and quick to build, so you can spend minutes, not days, on your models.

A comparison of formulae in Excel and Causal

When you're done, you can share the link to your model with stakeholders. They'll be able to view your model's outputs in a visual dashboard, rather than a jumble of tabs and complex formulae. The dashboards are interactive, letting viewers tweak your assumptions to see how they affect the model's outputs.

A gif showing how users can adjust model inputs, and how they're reflected in dashboards

Causal lets you add visuals in a single click, letting you plot out graphs and distributions for metrics like Net Profit.

A gif showing how you can build visuals in Causal

Start building models with your 

Google Sheets

 data

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