How this is calculated

Podcast ads are priced per thousand downloads. That unit is called CPM — cost per mille — and it is the price of one thousand downloads of a single ad slot, not the price of the episode or the campaign.

The arithmetic for one slot on one episode is:

revenue = (downloads ÷ 1,000) × CPM

The calculator applies that to every slot you switch on, multiplies by how many episodes you publish in a month, and then does the same sum again for your back catalogue. Those two figures are reported separately on purpose — see below.

Why the back catalogue is a separate number

Almost every podcast revenue estimate counts only the episodes you are about to publish. For an established show that understates the total badly.

An episode you released eighteen months ago is still being downloaded. If the topic is evergreen it may keep being downloaded for years. Those downloads are ad inventory in exactly the same sense as this week's episode — the only question is whether the ad inside them can still be changed.

If your ads are baked into the audio file, they cannot. That old episode is either running no ad at all or running a promo code that expired two years ago. With dynamic ad insertion, one change applies across every episode you have ever published, and the archive becomes a revenue line that grows each time you publish.

What this calculator does not tell you

It assumes every slot sells. That is the single biggest gap between a calculator and a bank balance. An unsold slot earns nothing, and for most independent shows the constraint is demand, not inventory.

Treat the output as a ceiling — what your downloads are worth if you sell them all at the rates you entered. Then ask the harder question, which is how much of that you can realistically fill.