Freelance profit calculator

Revenue is not profit. Enter what a project pays, what it costs, and what you set aside for tax, and see what you actually keep. No signup, no catch.

This project

USD

What the client pays you for this project.

USD

Materials, stock, software, subcontractors: anything you pay out for this project.

%

Payment processor or platform cut, if any.

%

What you hold back from profit for tax.

Total hours on this project. Optional, for your effective rate.

 

What you actually keep

$1,827net profit61% margin

That is an effective rate of $46 / hour across the hours you put in.

Where the revenue goes

  • Revenue$3,000
  • Direct costs−$300
  • Processing fee−$90
  • Tax set-aside−$783
  • Net profit$1,827

This is what the project leaves you after everything comes out. If the margin looks thin, the fix is usually a higher price or lower costs, not more hours.

How this is calculated

We start with the revenue and take out your direct costs and any processing fee to get the profit before tax. Then we hold back your tax percentage from that profit, and what is left is what you keep. Revenue is not profit: the number that matters is what lands in your account after costs and tax. If you enter your hours, we divide the net profit by them so you can see what the project really paid per hour, which is often lower than the rate you quoted.

Track the numbers on every job, not just this one

FileCurrent records your invoices, payments, and expenses in one place, so you can see what you are actually earning across every client without rebuilding a spreadsheet each month.

$15/month or $129/year. No credit card required.