Choose your...

Country Language
Don't miss out
Subscribe to QuickBooks and
get 90% off for 6 months
Claim now
JUNE SALE
Claim now
JUNE SALE
Buy now and get
90% off for 6 months
See plans & pricing
$1/month
for 12 months
When purchased in bundles of 10
50 %off for 3 months
50 %off for 12 months
  • Invoices
  • Expenses
  • Reports

What is Net profit?

Net profit (Definition)

Net profit is the amount of profit that is left over after all expenses and costs have been deducted from the total income. It is a measure of a company's profitability over a given period and it can be broken down into multiple stages. To determine a company’s net profit, you must first know what the gross profit is. A business's gross profit is the amount it makes after taking out all the costs it pays to make and sell its products or services. The net profit is the amount of money your business makes after all operating, interest, and tax costs are taken out as well. Net profit can even be listed on a financial statement as "net profit after taxes" to show the difference between items that include and don't include taxes.

Ready to run your business better with QuickBooks Online?