Shopify Profit & Loss Report
Comprehensive profit and loss statements for your Shopify store
30-day free trial • No credit card required
Why Profit & Loss Matters for Your Shopify Store
A P&L statement gives you the complete picture of your business finances - revenue, costs, and bottom-line profit all in one view.
How DashAI Helps You Track Profit & Loss
Ask DashAI to generate P&L reports for any time period. See revenue, COGS, gross profit, and operating metrics in one dashboard.
How It Works
DashAI pulls your product cost data from Shopify and automatically calculates profit margins on every order. Ask questions like 'Show me profit by product' or 'What are my margins by category?' and get instant profitability insights without spreadsheet calculations.
Connect Your Store
Install DashAI from the Shopify App Store. We sync your data securely with read-only access.
Ask About Profit & Loss
Type questions about profit & loss in plain English. No SQL or technical skills needed.
Get Instant Insights
Our AI creates the perfect visualization. Add to your dashboard for ongoing tracking.
Profit & Loss Report Features
Everything you need to track and analyze profit & loss for your Shopify store.
Automatic Margin Calculation
DashAI calculates gross margins using your product costs from Shopify. See profit margins by product, category, or any other dimension without manual spreadsheet work.
Profitability Insights
Identify your most and least profitable products instantly. Find items that sell well but barely break even, and discover hidden gems with high margins that deserve more promotion.
Margin Trend Tracking
Monitor how your margins change over time. Catch margin compression from discounting or rising costs before it significantly impacts your bottom line.
Discount Impact Analysis
See exactly how promotions and discounts affect your profitability. Understand the true cost of sales and make data-driven decisions about your discount strategy.
Example Profit & Loss Queries
Just type these questions in DashAI to get instant answers
"Show me a P&L for this month"
"Profit and loss by quarter"
"Monthly P&L comparison"
"P&L breakdown by category"
Related Metrics
Profit
Track gross and net profit across products, categories, and time periods
Revenue
Track total revenue, revenue by product, channel, and time period
Cost of Goods Sold
Track product costs and cost of goods sold metrics
Profit Margin
Monitor profit margins by product, category, and overall store performance
Frequently Asked Questions
Common questions about tracking profit & loss in DashAI.
How does DashAI calculate profit margins?
DashAI uses your product cost data from Shopify's 'Cost per item' field. We calculate gross margin as (Revenue - Cost) / Revenue for each product and order, giving you accurate profitability metrics.
What if I don't have cost data in Shopify?
Profit tracking works best with cost data entered in Shopify. If you don't have this data yet, you can still track revenue while you update your product costs. Many stores start with their top-selling products.
Can I see profit after refunds?
Yes, DashAI tracks refunds and can show you net profit after returns. See how refunds impact profitability by product, time period, or any other dimension.
How do I find products with margin issues?
Simply ask 'Which products have the lowest margins?' or 'Show products with margins under 20%'. DashAI instantly identifies items that may need pricing adjustments or cost reduction.
Start Tracking Profit & Loss Today
Get instant profit & loss insights with AI-powered analytics. No setup required.
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