Help Center Profit & reports
How profit is calculated
The exact formula Hermes uses for revenue, net profit, and margin.
Revenue
Revenue = sale price + shipping the buyer paid − refunds
Net profit
Net profit = revenue − platform fees − ad fees − shipping you paid − price paid − parts and repairs
Worked example
| Amount | |
|---|---|
| Sale price | $189.00 |
| + Shipping the buyer paid | +$12.00 |
| = Revenue | $201.00 |
| − Platform fees (13.6% of $201 + $0.40) | −$27.74 |
| − Ad fees | −$0.00 |
| − Shipping you paid | −$11.50 |
| − Price paid | −$30.00 |
| − Parts and repairs | −$0.00 |
| = Net profit | $131.76 |
Margin
Margin = net profit ÷ revenue. In the example, $131.76 ÷ $201.00 = 65.6%.
Total cost and inventory value
An item's total cost is the price paid plus its parts and repairs. Inventory Value on the dashboard is the total cost of every item that's Bought, In repair, or Listed.
Estimated profit before you list
Until an item sells (Bought, In repair, or Listed), its card is called Estimated Profit and works as a calculator: type a price in Item price and pick where you're Selling on to see that platform's fees, your costs, the estimated profit, and the margin. It starts at the list price and the item's platform (or the one you used last). Nothing you type there is saved, but Move to Listed picks up the price and platform you tried.