Margin & Markup Calculator

Last updated: August 13, 2026 · Figures for tax year 2026

Price your products so you actually make money. Enter cost and selling price to see profit per unit, margin, and markup — and understand the difference between the two.

How to use this calculator

  1. Enter cost per unit.
  2. Enter selling price.
  3. Your results appear instantly below and update as you change the numbers.

How this calculator works

Profit is price minus cost. Margin divides profit by price; markup divides profit by cost. Worked example: cost $60, price $100 → $40 profit, 40% margin, 66.7% markup. The two percentages are different because they divide by different bases.

Frequently asked questions

What margin should a small business aim for?

It varies by industry: grocery stores run on 1–3% net margins, restaurants 3–5%, software 20%+, and consulting often 50%+. The right target depends on your fixed costs and how much volume you sell.

How do I set a price to hit a target margin?

Divide cost by (1 − desired margin). To make a 40% margin on a $60 cost, price = 60 ÷ 0.60 = $100. Do not use markup for this — a 40% markup gives only a 28.6% margin.

Margin vs markup — what is the difference?

Margin is profit as a share of the selling price; markup is profit as a share of cost. A 50% markup (cost + half) yields a 33.3% margin — the numbers are equal only at 100%.

What about overhead and fixed costs?

This calculator covers per-unit gross margin. To know net margin, subtract fixed costs (rent, salaries, software) from total gross profit before dividing by revenue.

Disclaimer: Results are estimates for general information only and do not constitute financial, tax, or legal advice. Figures reflect 2026 rules and may change. Always confirm current limits and consult a qualified professional before making decisions. Official figures: IRS.gov · 2026 limits per IRS tax inflation adjustments.