Roofing Income Statement Template

Move to the Job Cost Summary sheet and add your active and recently closed jobs. For each project, enter the contract value, your estimated costs by category, and actual costs to date. Update this sheet weekly during active production months — catching a materials overage or a subcontractor bill that exceeds the estimate in week one is much easier to address than discovering it at closeout. For insurance claim jobs especially, track any supplement approvals as separate revenue entries so your job-level margin reflects the final approved scope, not just the initial estimate.

A proper roofing income statement structures revenue by work type because the margins behave differently. Residential re-roofing is typically the highest volume segment with predictable material costs and well-established crew productivity rates. Repair work carries higher margins per dollar but smaller job sizes and higher scheduling overhead. Commercial work involves longer sales cycles and larger contracts, often with retainage. Insurance claim jobs can be highly profitable when supplements are managed well, but they also carry the highest administrative burden. Tracking revenue by segment lets you see which mix is actually driving your profitability, not just your top line.