What is net profit?
Net Profit. What remains after all costs — job costs and overhead — are subtracted from revenue. It's the real bottom line, not the margin on a single job.
Why it matters to your pricing
A job can show a healthy gross margin and still leave no net profit if overhead isn't recovered. Net profit is the number that tells you the business works.
This is a general educational definition, not financial or legal advice. Confirm anything regulated with your accountant or state board.