Enter the gross revenue ($) and the cost of goods sold ($) into the calculator to determine the Net Revenue.
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Net Revenue Formula
The following formula is used to calculate the Net Revenue.
NR = GR – COGS
- Where NR is the Net Revenue ($)
- GR is the gross revenue ($)
- COGS is the cost of goods sold ($)
How to Calculate Net Revenue?
The following example problems outline how to calculate Net Revenue.
Example Problem #1:
- First, determine the gross revenue ($). In this example, the gross revenue ($) is given as 4,500.
- Next, determine the cost of goods sold ($). For this problem, the cost of goods sold ($) is given as 1,250.
- Finally, calculate the Net Revenue using the equation above:
NR = GR – COGS
The values given above are inserted into the equation below:
NR = 4,500 – 1,250 = 3250 ($)
Example Problem #2:
The variables needed for this problem are provided below:
gross revenue ($) = 6785
cost of goods sold ($) = 1456
Entering these values and solving gives:
NR = 6785-1456 = 5329 ($)
