📊 P&L Analysis · Trendyol

Are You Really Making Money on Trendyol? Channel-Based P&L Guide 2026

Analysis done without accounting for commissions, shipping, returns and ad costs is misleading. Here is the step-by-step guide to calculating true Trendyol profitability.

P&L Analysis Trendyol Profitability
MercanWorks OÜ · March 15, 2026

The "Seller Trap" on Trendyol: Revenue ≠ Profit

Many Trendyol sellers make a critical error: they confuse gross revenue with actual income. When you look at your Trendyol seller panel and see "Sales: 500,000 TRY," this number is highly misleading. After deducting commissions, shipping costs, return losses and advertising expenses, the real profit may be just 50,000 TRY — or even a loss.

According to MercanWorks OÜ's analyses, the average Trendyol seller loses 20–35% of gross revenue to hidden costs. Here is how to calculate these costs correctly.

Trendyol Commission Rates by Category (2026)

Category Commission Rate Impact on 100 TRY Sale
Fashion / Clothing 18–25% 18–25 TRY commission
Electronics 8–12% 8–12 TRY commission
Home & Living 12–18% 12–18 TRY commission
Personal Care 15–22% 15–22 TRY commission

Full P&L Calculation: Step by Step

Let's say your product sells for 200 TRY on Trendyol and the product cost is 80 TRY.

Net Profit Formula:
Net Profit = Sale Price − Product Cost − Commission − Shipping − Return Loss − Ad Spend

Example Calculation: Fashion Product

Sale Price200 TRY
Product Cost−80 TRY
Trendyol Commission (20%)−40 TRY
Shipping Cost−25 TRY
Return Provision (15% rate)−12 TRY
Ad Spend (10% of revenue)−20 TRY

Net Profit: 200 − 80 − 40 − 25 − 12 − 20 = 23 TRY
Net margin: 11.5%. While gross margin appears 60%, true net margin is only 11.5%.

Electronics Product: Different Cost Structure

Sale Price1,000 TRY
Product Cost−650 TRY
Trendyol Commission (10%)−100 TRY
Shipping Cost−30 TRY
Return Provision (5% rate)−18 TRY
Ad Spend (5% of revenue)−50 TRY

Net Profit: 1,000 − 650 − 100 − 30 − 18 − 50 = 152 TRY
Net margin: 15.2%. Lower commission rate, lower return rate — healthier unit economics.

5 Metrics Every Trendyol Seller Must Track

  • Commission Rate by Category: Verify your actual Trendyol commission — it may differ from what you expect
  • Return Rate by SKU: Some products have 30%+ return rates destroying all profit
  • Shipping Cost per Order: Dimensional weight and carrier rates directly impact margin
  • ROAS (Return on Ad Spend): Trendyol Ads ROAS below 3x is usually unsustainable
  • Net Margin by Channel: Compare Trendyol vs Hepsiburada vs own website profitability

Return Rate: The Silent Profit Killer

Return rates in fashion can reach 20–30%. Each return means: outbound shipping cost + return shipping cost + product inspection + potential quality reduction. For a product with 11.5% net margin, even a 15% return rate can eliminate all profit.

MercanWorks OÜ recommends tracking return rate by SKU monthly and discontinuing or repricing any product with return rate above 20%.

How MercanWorks OÜ Builds Your P&L

MercanWorks OÜ creates a comprehensive channel-based P&L table for your Trendyol, Hepsiburada and Amazon operations. This includes:

  • Revenue breakdown by channel and SKU
  • Actual commission deductions (from seller panel exports)
  • Carrier invoice reconciliation against platform estimates
  • Return cost calculation per SKU
  • Monthly trend analysis to identify margin improvement opportunities

Get Your Free P&L Analysis

Contact Mustafa Mercan to find out your real Trendyol profitability.

Trendyol P&L Questions

Trendyol commission rates range from 8% to 25% depending on category. Electronics is 8–12%, fashion and textiles 18–25%. Always verify the exact rate for your specific category in Seller Central.

True profitability = Sale Price − (Product Cost + Trendyol Commission + Shipping + Return Cost + Ad Spend). All five cost items must be deducted before net profit can be calculated.

A healthy net margin on Trendyol is 15–25% depending on category. Fashion margins tend to be lower (8–15%) due to high return rates and commissions. Electronics can reach 15–20% with lower return rates.

Ad spend of 5–15% of revenue is typical on Trendyol. To be profitable, ROAS (Return on Ad Spend) must be above 3x–5x. MercanWorks OÜ optimizes ad campaigns to achieve sustainable ROAS targets.

Get Your Free Trendyol P&L Analysis

Contact Mustafa Mercan to find out your real profitability on Trendyol, Hepsiburada and Amazon.