Profit & Loss Statement Template. Free download.
A comprehensive monthly and annual Profit and Loss spreadsheet template with automated revenue, cost of goods sold (COGS), operating expenses, and net profit calculations.
What the profit & loss statement looks like.
A simplified preview with example values. The real file has the full set of fields.
When to use this template.
Monthly Financial Review
Track operational margins and monthly profitability trends to make informed decisions.
Investor & Bank Reporting
Share clean, standardized financial statements required for loans or investor meetings.
Year-End Tax Preparation
Organize gross income, deductions, and expenses before handing books to your CPA.
What is included in this document.
Revenue / Gross Receipts
Itemized sales income, service fees, discounts, and net revenue rows.
Cost of Goods Sold (COGS)
Direct materials, contractor costs, and production expenses yielding Gross Margin.
Operating Expenses (OpEx)
Categorized breakdown of rent, software, payroll, marketing, and utilities.
Net Profit & EBITDA
Automated formulas calculate operating profit, tax estimates, and bottom-line Net Income.
Stop filling out blank spreadsheets.
This template gets you started today. Encarmo can connect it to your financial and operational data.
Using a static template
- Export CSVs from bank accounts and paste them into cells
- Fix broken formulas and formatting errors manually
- Out of date the moment a new transaction happens
Automating in Encarmo
- Live P&L statement generated automatically from connected bank feeds
- Real-time cash flow and profitability analytics updated instantly
- 1-click export to PDF or invite your accountant directly
More in accounting & finance.
Balance Sheet Template
Cash Flow Forecast Template
Expense Report Template
Template FAQs.
Everything you need to know about downloading and editing this template.
What is the difference between a P&L and a Balance Sheet?
A P&L measures financial performance (revenues and expenses) over a period of time, whereas a Balance Sheet provides a snapshot of assets, liabilities, and equity at a specific point in time.
Are formulas included for profit margins?
Yes, gross margin percentage, operating margin, and net profit margin formulas are fully calculated across all monthly columns.
Can I generate this automatically in Encarmo?
Yes, Encarmo generates GAAP-compliant P&L statements automatically with zero spreadsheet upkeep.
Is this template suitable for small businesses?
Yes, it is designed specifically for small businesses, freelancers, agencies, and growing startups.
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