Flippd calculates your profit using this formula: Net Profit = Gross Sale - Cost of Good - Platform Fees - Shipping Cost - Adjustments - Taxes.
The Profit Formula
Component | What It Means |
Gross Sale | The total amount the buyer paid |
Cost of Good | What you originally paid for the item |
Platform Fees | The fee charged by the selling platform (calculated automatically -- supports flat, percentage, and tiered structures) |
Shipping Cost | What you paid to ship the item |
Adjustments | Returns, refunds, promoted-listing/ad fees, or other deductions |
Taxes | Optional sales tax you remitted on the sale (separate from platform fees) |
Linked expenses (supplies, repairs, authentication, etc.) attached to the item are also subtracted -- see the cost breakdown on each sold item for the full picture.
Example
You buy a shirt for $5
You sell it on Poshmark for $25
Poshmark takes a $5 fee (20% tier for sales $15+)
You pay $0 shipping (buyer pays on Poshmark)
Net Profit = $25 - $5 - $5 - $0 = $15
Good to Know
Platform fees apply automatically when you record a sale, using the platform's current fee structure (flat, percentage, per-order fixed fee, payment processing, or tiered by price)
You can override the calculated fee for promotional rates, store-subscription discounts, or recent fee changes
Use Adjustments to capture extras the platform doesn't compute automatically: promoted listings / ad fees, refunds, partial returns, restocking fees
Use Taxes for any sales tax you (not the platform) remitted -- most marketplaces collect and remit on your behalf, so this is usually $0
Profit is tracked per item and aggregated in your reports
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