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GlossaryFinanceMetrics

Gross Profit

Revenue minus COGS minus Amazon fees — what's left before subtracting overhead, advertising, and operating expenses.

Gross Profit on a per-unit basis is Sale Price − COGS − Amazon Fees. On a business basis it's Total Revenue − Total COGS − Total Amazon Fees. The formula varies slightly by source, but the point is to isolate the margin that comes from the product itself, before allocating shared expenses like advertising spend, software subscriptions, payroll, and tax.

Gross Profit is what most sellers MEAN when they say "margin" in casual conversation, but it overstates true profitability because it ignores PPC and operating costs. A SKU with 35% gross margin might have 12% net margin after PPC, software, and labor costs are allocated. SellerVault's analytics dashboard reports both gross profit and net profit so you can see the gap.