Top 10 Shopify Profit Calculator Apps in 2024

Running a Shopify store includes various tasks such as finding profitable niches, creating business plans, and ultimately selling products. Despite these efforts, every merchant’s primary focus is on profitability. Thus, accurately monitoring and calculating the costs and profits of your Shopify business is essential.

There are numerous expenses associated with e-commerce that must be considered in profit calculations. However, relying on documents like Word files, spreadsheets, or similar tools for this purpose is not sustainable in the long term.

Fortunately, there exists a more effective solution for managing your finances: Profit Calculator Apps. These innovative tools help streamline the process, eliminate uncertainty in profit calculation. To be more specific,in this article, we have collected a list of the best 10 Shopify calculator apps to assist you in analyzing and computing your earnings and profits.

Let’s dive in!

What is Shopify Calculator App?

A Shopify calculator app is not an integrated feature within Shopify itself. Rather, it refers to third-party tools that you can install on your Shopify store to streamline and enhance your profit monitoring.

These applications usually integrate with your Shopify data and provide a range of features designed to assist you with:

• Automatically track costs: These apps can import data on various expenses, reducing manual data entry and potential errors.
• Calculates profits: Tracks sales and expenses to give you overall and potentially detailed profit analysis.
• Track ad spending: Automatically import ad spending data from some platforms such as Google Ads and Facebook Ads, giving you a complete overview of your overall expenses.
• Provide insights: Some apps offer advanced features like profit margin analysis to identify top products/campaigns and creating reports for a clearer financial picture.

In general, Shopify profit tracker apps automate your Shopify profit calculations, giving you a more accurate and efficient way to monitor your financial health to boost profit. Check out some tips to help you make better sales and profits here.

10 Best Shopify Profit Calculator App

1. Profit Calc: Profit Calculator

Profit Calc is one of the most straightforward and clean-cut Shopify calculator apps to manage your store’s finances. Profit Calc simplifies financial calculations without relying on complex spreadsheets. With just one click, you can access crucial profit calculations and insightful data. This app automates profit calculations and delivers comprehensive analytics reports, empowering you to make informed decisions about your Shopify store.

Rating: 5/5

Pricing:

• Basic: $29/ month
• Advanced: $39/ month
• Pro: $79/ month
• Unlimited: $149/ month

Key features:

• Automate in-depth profit calculations and deliver clear insights, empowering you to make data-driven decisions for your Shopify store.
• Present complex calculations, valuable insights, and key metrics in a user-friendly dashboard.
• Integrates seamlessly with popular platforms like AliExpress and CJ Dropshipping, automatically syncing order details and COGS (Cost of Goods Sold) for effortless profit tracking.
• Connect with major ad platforms such as Facebook, Google, Bing, TikTok, Snapchat, and Pinterest.
• Easily access valuable data on Customer Lifetime Value (CLTV).

2. Report Toaster: Custom Reports

Report Toaster allows Shopify merchants to create and personalize detailed reports to fit their business needs. With Report Toaster, you can quickly generate reports on sales, inventory, customer habits, and more. By analyzing this data, you can spot trends and make smart business choices to improve your store’s performance.

Rating: 4.9/5

Pricing:

• Free: Free
• For Basic/Shopify: $9/ month
• For Advanced: $30/ month
• For Plus: $150/ month

Key features:

• Start with over 100 report templates to create and customize reports that fit your specific business needs.
• Use multi-store reporting to generate and compare data from multiple Shopify stores, all in one place.
• Export and download reports as PDF or CSV files for easy sharing via email or in-depth analysis in Excel.
• Schedule reports for automatic delivery via email, SMS, or Slack, ensuring timely insights.
• Share live report links with your team or external partners for instant, real-time data access.

3. TrueProfit: Profit Analytics

TrueProfit is an application that calculates gross profit and keeps track of your profitability in real time. It offers comprehensive insights into product-specific profitability and overall store performance, empowering you to leverage data for optimal decision-making and revenue maximization. Moreover, TrueProfit doubles as a calculator for Shopify fees and shipping costs.

Rating: 4.9/5

Pricing:

• Basic: $25/ month
• Advanced: $50/ month
• Ultimate: $100/ month
• Enterprise: $200/ month

Key features:

• See your store’s true profit instantly with real-time Net Profit Dashboard.
• Automatically track all your expenses, including product costs, shipping, transaction fees, taxes, and even customs.
• Seamlessly connect with ad platforms like Facebook, Google, and more, giving you a unified view of your advertising performance.
• Generate detailed P&L reports to understand your store’s complete financial health.
• Stay updated on your profits and key metrics using a convenient mobile app no matter where you are.
• Analyze detailed data on each product, including net profit, ad spend, and over 15 other key metrics to measure your store performance.

4. SimplyCost ‑ Profit Tracking

SimplyCost simplifies expense tracking and profit calculations. It seamlessly integrates with your store, providing instant insights into your financial performance. Plus, you can easily track various expenses – from payment gateway fees and Shopify transaction fees to ad costs and other business expenses. This user-friendly app offers a flat monthly subscription that covers all features and services, so you can focus on running your business, not managing your finances.

Rating: 4.8/5

Pricing: $4.99/ month with 14-day free trial

Key features:

• Seamlessly connect with major advertising platforms like Google and Facebook, automatically pulling your ad spend data for a unified view of your marketing efforts.
• Easily add one-off or recurring expenses to the app, ensuring all your costs are accounted for.
• Set up specific processing fee rates for each payment gateway, ensure you account for transaction fees accurately.
• Configure Shopify transaction fees if your stores do not utilize Shopify Payments.
• Upload or edit your cost prices in bulk, streamlining the process and keeping your data up-to-date.

5. Zoex: Facebook Pixel & Profit

Zoex is a powerful Shopify calculator app for profit tracking, providing built-in UTM attribution, profit calculation tracking, and facilitating integration with Facebook and TikTok pixels. Zoex goes beyond basic data tracking. It analyzes your marketing efforts (ads, products, and channels) to reveal the most profitable options. This empowers you to optimize your spending and maximize your return on investment.

Rating: 4.8/5

Pricing:

• Free: Free
• Premium: $99/ month

Key features:

• Generate precise profit margins with Zoex’s user-friendly calculator, ensuring a clear understanding of your true profitability.
• Utilize comprehensive analysis of key performance indicators (KPIs) and metrics to develop optimized sales strategies and enhance profitability.
• Track conversions seamlessly with Facebook and TikTok pixel APIs, giving you a comprehensive picture of your advertising effectiveness.
• Generate comprehensive ad reports that provide valuable information about your target audience, allowing you to improve your marketing approaches for better results.
• Maximize your advertising ROI across channels with live view, UTM tracking, and real-time campaign adjustments.

6. Lifetimely: Profit & LTV

Lifetimely LTV & Profit by AMP empowers consumer brands with the data and reports needed to make strategic decisions and scale their businesses. This app goes beyond basic calculations. It lets you analyze your Shopify store’s profit margins and project customer lifetime value (LTV), providing crucial insights to improve your return on investment (ROI).

Lifetimely integrates seamlessly with your store, automatically factoring in all expenses and transaction fees when calculating your profits. This ensures you have an accurate and complete picture of your financial health.

Rating: 4.7/5

Pricing:

• Free: Free to install
• S: $49/ month
• M: $149/ month
• L: $449/ month

Key features:

• Automate profit and loss (P&L) reports, delivering them straight to your inbox.
• Empower you to understand your customers’ long-term value (CLTV) through LTV insights, revealing purchasing patterns and informing data-driven decisions to boost customer retention.
• Integrates seamlessly with major ad platforms like Bing, Google, TikTok, Pinterest, Facebook, Snapchat, and Instagram, giving you a comprehensive view of your marketing efforts across various channels.
• Includes Customer Acquisition Cost (CAC) payback calculators, helping you measure how rapidly your marketing investments are generating returns.

7. Sellerboard Profit Analytics

Sellerboard delivers unmatched accuracy in real-time, empowering you to make data-driven decisions that skyrocket your sales. Sellerboard’s intuitive dashboard puts your store’s performance at your fingertips.

With this instant insight, you can confidently adjust pricing and product selection to maximize your profits. You can easily monitor your profit and loss figures (P&L), and then drill down to any specific period, product, order, or expense.

Rating: 4.6/5

Pricing:

• Standard: $9/ month
• Professional: $19/ month
• Business: $39/ month
• Enterprise: $79/ month

Key features:

• Dive deep into your profits by period, product, brand, and more with our intuitive live dashboard.
• Track your Customer Lifetime Value (CLTV) and analyze Customer Acquisition Costs (CAC) to plan and optimize your marketing strategies for better returns.
• Download flexible spreadsheet reports for detailed analysis or opt to receive them conveniently via email.
• Track ad performance by product and even by UTM tag, giving you the data you need to optimize your marketing campaigns.
• Offer multiple methods, allowing you to set costs by grouping, period, as a percentage of the cost, or as fixed values.

8. BeProfit - Profit Analytics

This all-in-one Shopify calculator app automates profit calculations and tracks business metrics for accurate insights. BeProfit includes data analytics and a profit calculator for finances, ensuring a more specific auto exchange rate along with personalized reports and financial charts.

BeProfit seamlessly integrates with various e-commerce platforms like Facebook, Google, Snapchat, TikTok, Instagram, and others. It enables you to gain comprehensive insights into your expenditures and income, facilitating the identification of areas where enhancements can be made.

Rating: 4.6/5

Pricing:

• Plus: Free to install
• Basic Plan: $49/ month
• Pro: $99/ month
• Ultimate Plan: $149/ month

Key features:

• Track key financial indicators like income, spending, and profit – all in one convenient location.
• Automated reports deliver insights directly to you, keeping you informed without any effort..
• Get immediate insights into your profitability with a user-friendly dashboard displaying your P&L in real-time.
• Analyze the lifetime value of customers, the return you get on your advertising spend, and the cost of acquiring new customers.
• Connects seamlessly with your ad platforms and Google Analytics, giving you a unified view of your marketing efforts.

9. Profitario ‑ Profit Analytics

Following on our roster of Profit Calculator Apps For Shopify is Profitario, which is especially suitable for starting dropshippers. It automatically pulls data from all your key platforms like Shopify, AliExpress, Facebook Ads, and PayPal, giving you a seamless overview of your net profit, margins, disputes, and even customer lifetime value.

Profitario keeps a close eye on all your expenses, including cost of goods, shipping, and transaction fees, ensuring you have a clear understanding of your profitability. Here’s the best part: if your Shopify store processes less than 100 orders monthly, Profitario’s services are completely free.

Rating: 4.6/5

Pricing:

• Free: Free to install
• Basic: $25/ month
• Professional: $50/ month

Key features:

• Gain instant insights into your store’s profitability with a user-friendly dashboard.
• Effortlessly import automated data from various platforms like Shopify, AliExpress, Facebook Ads, and PayPal for seamless reporting.
• Leverage integrations and Chrome extensions to automate tasks and simplify your daily routine.
• Assign payment gateway transaction fees to each product, reflecting the unique costs associated with different products and payment methods.

10. Delirious Profit

Delirious profit simplifies the process of obtaining precise sales data, analyzing it, and making real-time price adjustments. It allows you to concentrate on managing your store and analyzing analytics instead of spending time manually tracking expenses and profits in spreadsheets.

Simply input your product costs (COGS) into the app, and it handles all your margin calculations effortlessly. This app is tailored for retailers eager to enhance their business operations continuously.

Rating: 4.4/5

Pricing: $5/ month with 7-day free trial

Key features:

• Provide a user-friendly interface that makes setup and navigation easy, even for non-tech-savvy users.
• Include graphs, charts, and customizable reports that allow business owners to easily track their finances.
• Gain instant access to real-time analytics on your store’s performance via a unified dashboard.
• Keep track of your historical data, allowing you to analyze trends and measure your progress over time.
• Offer excellent customer assistance to ensure you get the most value from the app.

FAQs

1. What advantages does a Shopify profit calculator offer?

A Shopify profit calculator is a helpful tool that boosts your store’s financial success by accurately figuring out profit margins, pinpointing the most profitable products, setting the best prices, and keeping track of expenses. Some advanced options might also help with managing inventory, predicting sales, analyzing customer value, and creating financial reports. Using this tool can help you make smart choices to grow your store and increase profits.

2. What factors should be considered for a Shopify profit calculator app?

Choosing the right Shopify expense tracking app is crucial for managing your store’s finances effectively. Key factors to consider include ease of use, strong customer support, robust data security, affordable pricing, and positive user reviews. Evaluating these features will help you select an app that supports informed business decisions and maximizes profitability.

3. Do calculator apps integrate with other Shopify apps?

Yes, a lot of Shopify calculator apps can work together with other Shopify apps. This means they can connect with tools for things like managing inventory, accounting, and marketing. These connections make it easier to keep all your financial data accurate and up-to-date across different parts of your business.

Conclusion

Selecting the appropriate profit tracking app is essential for maximizing your Shopify store’s profitability. This article presents a collection of the 10 top-rated Shopify calculator apps to boost your sales. These tools provide valuable insights that can help you make smarter business decisions, reduce expenses, and drive sustainable growth.

Beyond profit monitoring, they offer additional benefits including customer analytics, sales projections, and inventory control. Begin boosting your revenue now by exploring the recommended apps.