Calculate your Shopify store profits including subscription fees, transaction fees, and payment processing costs. See your net profit and profit margin.
Cost of goods sold (COGS)
Your cost to ship to customers
Running a Shopify store involves several costs including monthly subscription fees, transaction fees, and payment processing fees. Understanding these costs is essential for pricing your products correctly and maintaining healthy profit margins. This calculator helps you estimate your net profit after accounting for all Shopify-related expenses.
Shopify offers different subscription tiers with varying features and fee structures. Higher-tier plans have lower transaction and payment processing fees, which can save money at higher sales volumes.
Basic Shopify
$59/mo
Best for new stores
Shopify
$116/mo
Most popular plan
Advanced Shopify
$421/mo
For scaling businesses
Shopify Plus
$2,517/mo
Enterprise solution
Save 25% when billed annually instead of monthly.
You can use Shopify Payments (Shopify's built-in payment processor) or third-party payment gateways like PayPal or Stripe. Each option has different fee structures that impact your bottom line.
Using Shopify Payments eliminates transaction fees and offers competitive processing rates:
Using external processors like PayPal or Stripe incurs both their fees and Shopify's transaction fees:
To determine your actual profit from your Shopify store, you need to account for:
Product Costs
Cost of goods sold (COGS) including manufacturing, purchasing, and shipping to you.
Shopify Subscription
Monthly plan fee based on your chosen Shopify tier.
Payment Processing Fees
Fees charged by Shopify Payments or your chosen payment gateway.
Transaction Fees (if applicable)
Additional fees when using third-party payment gateways instead of Shopify Payments.
Shipping Costs
Cost to ship products to customers (if not passed on to customers).
Higher-tier Shopify plans have lower processing fees, which can result in significant savings at higher sales volumes. Consider upgrading when:
Not accounting for payment processing fees when pricing products
Using third-party gateways without considering double fees
Staying on Basic plan when higher sales volume justifies an upgrade
Forgetting to include shipping costs in profit calculations
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