Cost Margin Calculator vs Shopify Balance
Price, ratings, monetisation and update history for both apps, side by side — with what reviewers say about each.
Cost Margin Calculator
This business tool accurately calculates cost, margin/markup, price, and commission. It also includes a break-even calculator to determine the sales needed to cover costs during promotions. Achieve your business goals with this simple yet powerful app.
- Cost, margin/markup, price, commission calculators
- Break-even analysis calculator
- Toggle between margin and markup
- Import results to cost field
- Roll calculation for multiple markups
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Marcus Lemonis, star of CNBC’s The Profit, empowers YOU to “Know Your Numbers!” This easy-to-use business tool puts you 100% in charge by accurately calculating cost, margin/markup, price, and commission. New for this release, a break-even calculator to help you identify the number of additional product sales necessary for your profits to break-even when running a promotion. Key Features: • 6 Functional Calculators (Cost, Margin/Markup, Price, Commission, Break-Even, Standard Calculator) • Toggle between margin and markup easily • Automatically import results from new Standard Calculator into Cost field • Roll calculation function allows you to add multiple margin and markups to Price Marcus personally uses this app for his calculations, as seen on episodes of CNBC’s The Profit. This simple yet powerful business tool helps YOU achieve your business goals!
Shopify Balance
Manage your business finances directly from your mobile device. This app offers a free business financial account integrated with your store, allowing you to track your balance, transfer funds, get paid faster, and earn rewards on your balance.
- View account balance and transaction history
- Transfer funds with zero fees
- Get paid faster from Shopify sales
- Earn APY rewards on account balance
- Access virtual card and mobile payments
- Lock and unlock cards for security
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Shopify Balance is the free business financial account built right into your Shopify store’s admin. Use the Balance app to make money moves for your business—right from your mobile device. By having the financial information you need at your fingertips, you can make the best decisions for the long-term health of your business. MANAGE MONEY ANYWHERE • Stay on top of your finances by viewing your account balance and filtering your transaction history. • Transfer funds in or out to pay bills, send money, or make payments directly to vendors—with zero transfer fees. GET PAID FASTER • Get paid out from your Shopify sales up to 7 days faster than with a traditional bank. EARN ON ANY ACCOUNT BALANCE • Earn a reward in the form of an annual percentage yield (APY) on all your money in Balance.* • No limit to how much you can earn and withdraw funds at any time.* SPEND SECURELY AND CONVENIENTLY • Always have your business card handy by accessing your card number in the app or using tap to pay with your mobile wallet. • Keep your business secure with the ability to lock and unlock your cards from the palm of your hand. ---------- ABOUT SHOPIFY Shopify is a world-class commerce platform that has everything you need to start, sell, market, and manage your business. Millions of business owners from over 175 countries trust Shopify to help sell their products and services online and in-person. Shopify partners with Stripe, Inc. and affiliated companies, and financial institution partners including Fifth Third Bank N.A., Member FDIC & Celtic Bank to offer money transmission, banking & issuing services, respectively. *This is a reward provided by Shopify and is not interest. The rate is variable and subject to change without notice. The reward accrues daily, and is compounded and paid monthly in the form of a credit to your Balance account. ACH transfer limits may apply.
Screenshots
Verdict
The clearest difference is rating: Cost Margin Calculator at 3.6 against Shopify Balance's 2.6. Cost Margin Calculator also leads on review sentiment (47% vs 17%) and device support (3 vs 1). Shopify Balance's advantage is update cadence (weekly vs every 12 months). On price, ratings volume, ads and in-app purchases there is nothing between them.
Scored on Price · Rating · Positive reviews · Number of ratings · Update frequency · Ads · In-app purchases · Monetization · Best chart rank · Devices · Requires iOS
Both are free to download. Neither carries in-app purchases, so what you see is what you pay.
Cost Margin Calculator holds the better App Store score, 3.6 against 2.6. Both are backed by a comparable volume of ratings — 90 and 85 respectively. Written reviews point the same way: 47% of Cost Margin Calculator's written reviews are positive against 17% of Shopify Balance's.
Cost Margin Calculator ships an update every 12 months, Shopify Balance weekly. The most recent releases landed on November 1, 2026 and November 3, 2026 respectively.
| Parameter | Cost Margin Calculator | Shopify Balance |
|---|---|---|
| Price | Free | Free |
| Rating | 3.6 (90 ratings) — better | 2.6 (85 ratings) |
| Positive reviews | 47.2% of reviews — better | 17.4% of reviews |
| Number of ratings | 90 — better | 85 |
| Update frequency | Every 12 months | Weekly — better |
| Ads | No | No |
| In-app purchases | No | No |
| Monetization | Free | Free |
| Devices | iPhone, iPad, iPod — better | iPhone |
| Requires iOS | 12.0 — better | 16.4 |
| Further details — not scored | ||
| Size | 36 MB | 102 MB |
| Age rating | 4+ | 4+ |
| Developer | Renowne, LLC | Shopify Inc. |
Customer experience
Cost Margin Calculator
Shopify Balance
User reviews
Cost Margin Calculator
From 90 App Store ratingsWhat we love
- 👍 Easy to use
- 👍 User friendly
- 👍 Accurate calculations
- 👍 Clear and concise
- 👍 Useful tool
Room to improve
- 😞 Annoying face on load
- 😞 Slow app loading
- 😞 Unprofessional design
- 😞 Narcissistic design
- 😞 Unnecessary loading screen
Shopify Balance
From 85 App Store ratingsWhat we love
- 👍 Convenient for managing balance
- 👍 Seamlessly connected to shop
- 👍 Physical card is convenient
- 👍 Payments hit within 24 hours
- 👍 App works great for some users
Room to improve
- 😞 Difficult to reach human support
- 😞 Unreliable bill pay feature
- 😞 Blamed for fraudulent transactions
- 😞 Merchant names disappear
- 😞 Cannot transfer money
Bugs and requests
Cost Margin Calculator
Reported bugs
20 issues- Update for IOS 14 needed
- Negative totals with IOS 14
- Calculator has errors with floating decimals
- Percent key does not function properly
- Calculator doesn't subtract % correctly
Show 15 moreShow fewer
- Input glitches
- Numbers not entering
- Decimals not entering
- Constant need to close and restart app
- Decimal rarely works
- Decimal button stops working
- Period in cost will not work for cents
- Calculator freezes
- App freezes and won't allow input
- No option to change to Pounds
- Cannot undertake simple percentage additions
- Doesn't put in decimals when entered
- Cannot figure out selling price at a specific margin
- No longer put in cost and markup percentage to find resale
- Commas not on calculator
Requested features
9 requests- Add other currencies
- Calculate commission based on margin %
- Backwards calculation for margin/markup
- Auto-calculate retail based on margin
- Add Real estate cap rate calculator
Show 4 moreShow fewer
- Option to remove developer's face
- Add pounds currency option
- Add mark-up calculations
- Add thousands separators (commas)
Shopify Balance
Reported bugs
32 issues- Bill Pay feature failed to pay rent on time
- 302 fraudulent transactions posted without warning
- Merchant names disappeared from debit card transactions
- Cannot transfer money to bank account
- Cannot add card to Apple Wallet
Show 27 moreShow fewer
- Bank account removed and cannot be added back
- App not working for months
- Cannot sign in
- App stuck on welcome page, cannot scroll
- Keyboard won't pop up to enter information
- Cannot log in
- App requires full password login every time
- App updated, not showing money or transactions
- App updated, no cards, balance, or transactions listed
- Cannot move money from balance
- App freezes when trying to view account information
- Cannot move money from the app
- Cannot move money on the app, only website
- Funds unavailable for extended periods
- Cannot set up app due to fingerprint scanner issue
- Cannot create a card
- App is not working
- Face ID login option never works
- App logs user out of Shopify store app
- Cannot see balance on phone
- App not working on iPhone SE
- Cannot add bank account to move money
- App does not show account and routing number properly
- App won't let me withdrawal money
- Cannot figure out how to move money into the Shopify account
- Recent transactions not showing
- No emails verifying transactions
Requested features
9 requests- Add Zelle integration
- Allow connected accounts to have nicknames
- Improve UI for managing multiple accounts
- Make app compatible with iPad
- Add instant transfer method
Show 4 moreShow fewer
- Allow cancellation of pending orders
- Clarify transfer times
- Add multi-store support
- Integrate balance management into main Shopify app
In-app purchases
Cost Margin Calculator
No in-app purchases
Shopify Balance
No in-app purchases
Questions
Is Cost Margin Calculator free?
Is Shopify Balance free?
Which has better reviews, Cost Margin Calculator or Shopify Balance?
Do Cost Margin Calculator or Shopify Balance have ads?
Which is updated more often, Cost Margin Calculator or Shopify Balance?
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