8 sections that walk you through every line of your P&L — so you can read it like a pro.
RevenueWhat you actually earned from sales — before any costs are taken out.
Cost of Goods Sold (COGS)The direct costs to produce or deliver your product or service.
Gross ProfitRevenue minus COGS. This tells you if your core business is profitable.
Operating ExpensesOverhead costs like payroll, rent, software, and marketing.
EBITDAEarnings before interest, taxes, depreciation, and amortization — a key profitability metric.
Net IncomeThe bottom line: what's left after every expense, tax, and interest payment.
Month-over-Month TrendsHow to spot patterns and flag issues before they become problems.
Red Flags to WatchCommon warning signs founders miss when reviewing their P&L.