Create a professional Profit and Loss Statement with our free online generator. Document your business income, expenses, and net profit or loss for a specific reporting period. Organize revenue streams, cost of goods sold, operating expenses, and other income or deductions in a clear financial format. Essential for tax preparation, loan applications, investor presentations, and business performance analysis. Preview in real time and download as PDF or Word. Electronic signature support included. Suitable for sole proprietors, partnerships, LLCs, and corporations across all 50 US states.