Skip to main content
Cost of Goods Sold (COGS) metrics track the direct costs of products sold. Use these to calculate gross profit margins and understand cost structures.
Data Source: Shopify
Metrics: 22

Metrics in This Group

How These Metrics Relate

COGS metrics build the foundation for margin analysis:
  • Gross Profit = Revenue - COGS
  • COGS Rate = COGS ÷ Revenue (inverse of gross margin)
  • Variable Costs include COGS + fulfillment + transaction costs
  • CM1 = Revenue - COGS (first contribution margin level)

Choosing the Right Metric

  • Margin analysis: Use COGS and COGS Rate to calculate gross margins
  • Per-order economics: Use COGS Per Order for unit economics
  • Customer profitability: Compare New vs Returning COGS to find profitable segments
  • Cost structure: Use Variable Costs % to understand total variable burden