What's actually left after the work?
Revenue is the number people brag about. Margin is the number that keeps you in business. Enter yours and see what percentage you really keep.
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How this is calculated
Gross margin is (revenue − direct costs) ÷ revenue — what's left after the cost of delivering the work, before overhead. Net margin subtracts operating expenses too:(revenue − direct costs − operating expenses) ÷ revenue. Both are shown as a percentage of revenue, which is what makes them comparable month to month even as revenue moves.
The gap between the two is your overhead as a share of sales — worth watching. A deeper definition, with worked examples, is in the profit margin glossary entry, and if you're setting prices to hit a target margin, work backward from the rate you need with thefreelance rate calculator.