Food Truck Income Statement Template

Each month, enter your revenue by channel from your square or POS summary report, then work down through food cost, packaging and supplies, commissary fees, fuel, permits, labor, and the remaining expenses. The gross profit, food cost percentage, and net income lines calculate automatically. Once the monthly sheet is complete, the Annual Summary and Key Ratios sheets update without any additional steps. The Event and Location Tracker is worth filling out at the end of each service day — it only takes 30 seconds per entry and builds up data you'll rely on when planning routes for the following season.

The income statement is where you separate actual profit from the feeling of a busy day. Food trucks that do $1,500 on a Friday festival are not necessarily more profitable than ones doing $800 at a reliable corporate lunch stop if the festival required $120 in event fees, more fuel, higher waste from unpredictable volume, and extra labor hours. Tracking revenue by channel — street sales, catering events, festivals, corporate stops — gives you the visibility to make those comparisons. Food cost percentage by channel is the next level: private catering events often allow for tighter menu control and lower waste, while high-volume festival service can push food cost up from over-portioning under pressure.