Side Hustle Profit Calculator After Expenses
Calculate your side hustle profit after all expenses and see exactly how much you're truly earning from your side business with comprehensive cost analysis.
Quick Answer
Net Profit = Revenue - (Fixed Costs + Variable Costs + Taxes). $5,000 revenue - $3,000 expenses = $2,000 net profit (40% margin). Essential for side hustle success and business planning.
Calculator Preview
Net Profit: $1,125
Profit Margin: 32.1%
Hourly Rate: $28.13
Key Features
Profit Calculation
Calculate net profit after all expenses
Profit Margins
See profit percentages and margins
Cost Breakdown
Track fixed and variable expenses
Hourly Earnings
Calculate true hourly rate after expenses
How It Works
Enter Revenue
Input your monthly or annual side hustle income
Add Expenses
List all fixed and variable business costs
Include Taxes
Account for self-employment and income taxes
See Net Profit
View your true earnings and profit margins
Why Calculate Side Hustle Profit?
True Earnings
Know what you actually make
Business Growth
Make smarter business decisions
Time Management
Optimize your time investment
Common Side Hustle Expenses to Track
Fixed Costs
- • Software subscriptions
- • Website hosting
- • Business licenses
- • Insurance premiums
- • Equipment financing
Variable Costs
- • Materials and supplies
- • Marketing and advertising
- • Payment processing fees
- • Shipping and delivery
- • Utilities for business use
How to Increase Side Hustle Profit
Increase Revenue
Raise prices, upsell services, expand product lines, or target higher-paying clients.
Reduce Variable Costs
Find cheaper suppliers, buy in bulk, negotiate better rates, or optimize processes.
Optimize Fixed Costs
Review subscriptions annually, share resources, or use free alternatives when possible.
Tax Optimization
Track all business expenses, consider home office deduction, and consult a tax professional.
Maximize Your Side Hustle Profit
Calculate your true earnings and optimize your side business for maximum profit
Use Full CalculatorFrequently Asked Questions
What's a good profit margin for a side hustle?
Aim for 30-50% profit margin. Service-based businesses often have higher margins (60-80%), while product-based businesses typically have lower margins (20-40%).
How do I calculate self-employment taxes?
Self-employment tax is 15.3% (12.4% Social Security + 2.9% Medicare) on net earnings. You also pay income tax on profits.
Should I track expenses monthly or annually?
Track monthly for better cash flow management, but calculate annual profit for tax purposes and business planning.
When should I make my side hustle a full-time business?
When consistent profit equals or exceeds your full-time job income after taxes, and you have 6-12 months of expenses saved.