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Unit economics

Contribution margin

Contribution margin is what's left from a sale after subtracting the variable costs of delivering it, the amount each sale contributes toward covering fixed costs and then profit.

Updated July 2026

Key takeaways

  1. Contribution Margin = Revenue − Variable Costs
  2. Contribution margin drives break-even: divide fixed costs by contribution margin to learn how much you must sell to cover them.

What is contribution margin?

Contribution margin is what's left from a sale after subtracting the variable costs of delivering it, the amount each sale contributes toward covering fixed costs and then profit. You can express it per unit, as a total, or as a percentage of revenue. It's the cleanest way to see how a product's economics actually work.

Formula

Formula

Contribution Margin = Revenue − Variable Costs

  • Revenuesales generated by the product or unit
  • Variable Costscosts that rise with each unit sold, like materials, processing, and shipping

Worked example

A product sells for $50 with $20 of variable costs, giving a $30 contribution margin, 60% of the price, toward fixed costs and profit.

Why it matters for fast-growing companies

Contribution margin drives break-even: divide fixed costs by contribution margin to learn how much you must sell to cover them. It also exposes which products or customers actually make money once variable costs are stripped out. A product with revenue but negative contribution margin loses more the more you sell it.

Frequently asked questions

What's the difference between contribution margin and gross profit?+
Gross profit subtracts all COGS from revenue, including fixed production costs. Contribution margin subtracts only variable costs, wherever they sit on the income statement. Gross profit measures product profitability by accounting definition; contribution margin isolates the variable economics of one more sale, which is what you need for break-even and pricing decisions.
How do you use contribution margin to find break-even?+
Divide total fixed costs by the contribution margin per unit to get the number of units you must sell to break even. For example, $60,000 of fixed costs divided by a $30 per-unit contribution margin means you break even at 2,000 units. Every unit sold beyond that is profit.

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