Profit analytics apps all promise the same headline — your real profit after every cost. They mostly deliver it too. What actually differs is how they handle unit cost when it changes, what they need access to, and what they charge. Those three things, not the feature list, decide which one suits you.

Prices and review counts below were checked on the Shopify App Store on 2 September 2026.

The field, with real numbers

AppRatingReviewsPrice range
TrueProfit4.9★810$35 – $200/mo
Lifetimely4.9★474$49 – $299/mo
BeProfit4.4★174$49 – $249/mo
Triple Whale4.1★84$219 – $749/mo
ProfitVault0Free

Two things stand out before any feature discussion. TrueProfit has by far the deepest review record — 810 reviews at 4.9★ is a lot of merchants voting with their money, and if social proof is how you decide, the comparison ends there. And the entry price for this category is $35–$49 a month, which for a store doing modest volume is a real line item.

ProfitVault is the app I build. It's free, and it launched on 1 September 2026, so it hasno reviews at all. If you filter on track record — a completely sensible way to choose software that touches your finances — that rules it out today. I'd rather say that plainly than have you find out after installing.

The three questions that actually separate them

1. How does it handle unit cost changing over time?

This is the one that quietly ruins profit numbers. If you paid $4 a unit in March and $5.50 in August, which cost applies to an order in July? An app that stores one cost per product will silently rewrite your entire profit history every time you update a price.

What you want is dated cost batches plus a stated method —FIFO, LIFO or weighted average — so each order is costed against the batch it actually drew from. Ask this before you ask anything else. It is the difference between profit reporting and profit guessing.

2. What does it need access to?

Computing profit needs products, order line items and costs. It does not need customer names, emails or addresses. Some apps in this space request customer data anyway, usually to build lifetime-value features on top.

That's a legitimate product decision — Lifetimely is explicitly built around LTV, so it needs that data to do its job. But be clear about which you're buying. If you only want profit, handing over customer PII is exposure you're not being compensated for.

Same question for ad spend. Some apps require connecting your ad accounts; others let you enter or import spend manually. Account connection is more convenient and a wider permission grant. Neither is wrong — just know which trade you're making.

3. What is it actually for?

These apps aren't all in the same category, despite appearing in the same comparisons:

  • TrueProfit and BeProfit are profit-first. Net profit per order, P&L reports, product profitability. If your question is "did this order make money", this is the shape.
  • Lifetimely leads with lifetime value and cohort analysis, with profit alongside. If your question is "what is a customer worth over two years", it's built for that and the others aren't.
  • Triple Whale is a marketing analytics platform — attribution, creative, automation — with profit as one module. The $219 entry price reflects that scope. Buying it for profit alone is overpaying by a wide margin.

A lot of "BeProfit vs X" comparisons put these side by side as if they're interchangeable. They aren't, and picking on price alone across categories is how stores end up paying $219 a month for a number they could have got for $35.

When BeProfit is the right answer

If you want an established profit app with a dashboard your team already knows, and $49 a month is not a meaningful cost against your order volume, BeProfit does the job and has 174 merchants saying so. The 4.4★ average is lower than TrueProfit's and Lifetimely's, which is worth reading the one-star reviews about rather than dismissing — but it's a working product with a real track record.

The honest reasons to look elsewhere are: you want the deepest track record (TrueProfit), you actually want LTV rather than profit (Lifetimely), or the subscription is hard to justify at your current volume.

Where ProfitVault fits

ProfitVault is the free, narrow option. It computesnet profit per order after COGS,payment fees, shipping, ad spend and returns, stores costs as dated batches with FIFO/LIFO/weighted average, folds in operating expenses, and exports to CSV. It reads only products and orders — no customer personal data — and ad spend is entered manually or by CSV rather than connecting your ad accounts.

What it is not: an LTV platform, an attribution tool, or a product with a track record. It's two days old. The trade is a real one — you get the profit maths for free and give up the reassurance of 800 other merchants having used it first.

How to choose in ten minutes

Take one order from last month that you think was profitable. Work out by hand what you actually kept: selling price, minus what the product cost you, minus the processing fee, minus what you paid to ship it, minus a share of that day's ad spend. Note the number.

Then trial whichever app you're considering and find that same order. If the app's number doesn't match yours, one of you is wrong — and finding out which, before you rely on it for pricing decisions, is worth more than any feature comparison including this one.