Sample Oilfield Services
Profit and Loss · January 1-July 19, 2026 · Accrual basis
Total income
$466.7K
Gross profit
$318.3K
68.2% margin
Operating expenses
$180.5K
38.7% of income
Net income
$137.8K
29.5% net margin
Fleet costs
$107.0K
22.9% of income
Labor costs
$137.0K
29.4% of income
Revenue per employee
$93.3K
| Account | Total | % of income |
|---|---|---|
| Income | ||
| Sales | 26,400.00 | |
| Services | 440,323.40 | |
| Total Income | $466,723.40 | |
| Cost of Goods Sold | ||
| Direct Operating Costs / COGS | ||
| Fuel - Revenue Equipment | 42,031.80 | |
| Direct Labor & Subcontractors | ||
| Subcontracted Welding & Fabrication Labor | 800.00 | |
| Workers' Compensation - Field Employees | 2,514.14 | |
| Total Direct Labor & Subcontractors | $3,314.14 | |
| Vehicle Repairs & Maintenance | 2,125.63 | |
| Vehicle Repair Parts | 16,761.65 | |
| Tires | 8,877.29 | |
| Total Vehicle Repairs & Maintenance | $27,764.57 | |
| Tolls, Parking & Road Fees | 21.98 | |
| Vehicle Washing & Cleaning | 1,070.70 | |
| Vehicle Registration & Permits | 836.55 | |
| Vacuum Hoses & Service Consumables | 3,571.55 | |
| Field Tools & Supplies, Consumables | 13,791.30 | |
| Disposal & Waste Fees | ||
| Porta Potty Waste Disposal Fees | 4,620.33 | |
| Total Disposal & Waste Fees | $4,620.33 | |
| Rental Equipment - Direct Jobs | ||
| Equipment Subrental - Customer Rental | 12,243.20 | |
| Total Rental Equipment - Direct Jobs | $12,243.20 | |
| Direct Materials & Parts - Customer Jobs | ||
| Valves, Fittings & Connections | 2,247.68 | |
| Other Rebillable Job Materials | 1,595.91 | |
| Total Direct Materials & Parts - Customer Jobs | $3,843.59 | |
| Total Direct Operating Costs / COGS | $113,109.71 | |
| Business & Fleet Insurance - Bundled | 35,312.00 | |
| Total Cost of Goods Sold | $148,421.71 | |
| Gross Profit | $318,301.69 | |
| Expenses | ||
| Advertising & marketing | 874.50 | |
| Business licenses | 1.00 | |
| Communication | 181.54 | |
| Contributions to charities | 1,750.00 | |
| Employee Equipment (Safety) | 389.58 | |
| Entertainment | 998.84 | |
| General business expenses | 37.35 | |
| Bank fees & service charges | 737.35 | |
| Uniforms | 1,544.56 | |
| Total General business expenses | $2,319.26 | |
| Interest paid | ||
| Credit card interest | 112.13 | |
| Total Interest paid | $112.13 | |
| Meals | 7,957.39 | |
| Meals with clients | 4,146.54 | |
| Total Meals | $12,103.93 | |
| medical | 499.95 | |
| Office expenses | ||
| Office supplies | 342.35 | |
| Shipping & postage | 1.89 | |
| Total Office expenses | $344.24 | |
| Payroll expenses | ||
| Taxes | 12,793.44 | |
| Wages | 120,888.62 | |
| Total Payroll expenses | $133,682.06 | |
| Professional Fee's | 5,392.00 | |
| QuickBooks Payments Fees | 1,425.46 | |
| Safety Expenses | 2,075.19 | |
| Safety Trainings | 1,135.00 | |
| Suspend - Vehicle Payment | ||
| Suspend - Vehicle 86534 | 0.00 | |
| Suspend - Vehicle 86900 | 0.00 | |
| Total Suspend - Vehicle Payment | $0.00 | |
| Travel | 9,394.89 | |
| Airfare | 244.98 | |
| Hotels | 916.49 | |
| Total Travel | $10,556.36 | |
| Utilities | ||
| Electricity | 1,525.65 | |
| Internet & TV services | 231.35 | |
| Phone service | 4,878.85 | |
| Total Utilities | $6,635.85 | |
| Total Expenses | $180,476.89 | |
| Net Operating Income | $137,824.80 | |
| Net Income | $137,824.80 |