How the Kalshi P&L Statement Works
Kalshi offers a yearly profit and loss statement under Account → Tax Info. Kalshi says it summarizes profits, losses, and fees, uses first-in, first-out (FIFO) accounting, includes fees and any rebates, and is updated on the first of each month, so recent transactions may not appear until the next update.
Where to find it.
In your Kalshi account, open Account → Tax Info, choose the year, and download your profit and loss statement. Kalshi’s trading-history help article also says you can see a summary of your total profits and losses in the documents tab.
What it contains.
Kalshi says the statement summarizes your trading activity, including profits, losses, and fees. Data is organized by year.
Cost basis: first in, first out.
Kalshi says it uses the first-in, first-out (FIFO) method to compute profits and losses. If you bought contracts in the same market at different prices and sold only some, FIFO treats the earliest purchases as the ones sold. For example, buy 10 at $0.30, then 10 at $0.50, then sell 10 at $0.60: FIFO counts the $0.30 contracts as sold, a $3.00 gain before fees, and the $0.50 contracts stay open. Another method could report a different realized gain for the same trades.
Fees and rebates.
Kalshi says the P&L figure includes fees and any rebates, so it is a net figure. Don’t subtract fees from it again. How Kalshi fees affect your profit.
Update timing.
Kalshi says P&L data is updated on the first of each month, so mid-month the most recent transactions may not be included yet. If you compare the statement with your current portfolio or another tool, recent trades are a common reason for a difference.
What it doesn’t tell you.
- It is not a live view of positions you still hold.
- It doesn’t explain deposits, withdrawals, or credits; see why P&L doesn’t match your balance.
- It is a summary. To see which trades produced a figure, you need your trading history.
- Kalshi says its P&L and tax information are not tax advice. What tax documents Kalshi provides.
Want a more current view of your trading history?
Damage Report syncs directly with Kalshi whenever you choose Sync Now, so recent fills and settlements appear without waiting for a monthly update. It shows realized and unrealized P&L side by side with fees and funding, and lets you open the trades behind any total. Its figures may not match the statement exactly, for example because of the date range, open positions, or calculation method; compare against Kalshi’s official records.
Primary sources
Sources checked October 5, 2026. Kalshi can change its products, fees, and documents; its current pages take precedence over this guide.