Editor's pick
The variable syntax is brilliant. Changing tax rate from 0.08 to 0.10 instantly updated 500+ formulas. Makes spreadsheets maintainable and formulas self-documenting. Perfect for financial modeling.
Namrit Sheth
Data Analyst
Paste a formula you did not write. The editor unfolds it into readable, color-coded lines, one nested function per level, and the AI assistant explains what each part does and why it might be failing. Google Sheets formulas work too.
Free plan, no credit card, installs in about 30 seconds.
Free, in your browser, no signup. The structural breakdown works right here. AI explanations go live when you add Formula Foundry to Excel or Google Sheets (free plan).
Paste it, read it, ask about it.
Copy the formula out of the cell or the formula bar and paste it into the editor above, or into the Formula Foundry side panel in Excel or Google Sheets. Nothing needs to be cleaned up first.
The editor lays the formula out like code: each nested function indented on its own line, and functions, ranges, text and operators in different colors. Hover a function name to see its syntax and what it returns.
In the add-in, choose Explain Formula for a plain-English walk-through of each step, or Fix Error when it returns an error or the wrong number. The answer names what each reference points at, using your sheet's column headers.
Your spreadsheet experience, reimagined.
Five tangled formulas, explained.
You paste
=IF(AND(B2>=90, C2>=0.9), "A", IF(AND(B2>=80, C2>=0.8), "B", IF(B2>=70, "C", "F")))Explanation
Assigns a grade from the exam score in B2 and the attendance rate in C2. A needs a score of at least 90 and attendance of at least 90 %. B needs at least 80 and 80 %. C only needs a score of 70 or more. Everything else is F. The tests run in order, so a student with 95 points but 85 % attendance misses A and lands on B.
Nested IFs read top to bottom. The breakdown puts each IF on its own line, so the fall-through order is visible.
You paste
=INDEX($B$2:$M$20, MATCH($P2, $A$2:$A$20, 0), MATCH(Q$1, $B$1:$M$1, 0))Explanation
A two-way lookup. The first MATCH finds the row where column A equals the product in P2. The second finds the column where the month headers in B1:M1 equal the month in Q1. INDEX returns the value where that row and column cross. The dollar signs let you fill it right and down to build a whole table.
The 0 in each MATCH means exact match. Leave it out and MATCH assumes a sorted list.
You paste
=LET(open, FILTER(A2:D200, (D2:D200="Open")*(C2:C200>1000)), SORT(open, 3, -1))Explanation
LET names an intermediate result "open". FILTER keeps the rows of A2:D200 where status in D is Open and the amount in C is over 1,000. Multiplying the two tests means both must be true. SORT then orders those rows by their third column, largest first, and the result spills below the cell.
If no row matches, FILTER returns #CALC!. Add a third FILTER argument such as "None" to show text instead. Needs Microsoft 365.
You paste
=SUMPRODUCT(B2:B6, C2:C6) / SUM(C2:C6)Explanation
A weighted average. SUMPRODUCT multiplies each score in B by its weight in C and adds the results. Dividing by the sum of the weights turns that total back into an average, so a module weighted 40 counts four times as much as one weighted 10.
The weights do not need to add up to 100. The division by SUM takes care of it.
You paste
=IFERROR(VLOOKUP($A2, Rates!$A$2:$C$50, 3, FALSE), 0)Explanation
Looks up the code in A2 in the first column of the Rates table and returns the matching value from its third column. FALSE forces an exact match. If the code is not found, IFERROR shows 0 instead of #N/A. $A2 keeps the lookup pointed at column A when the formula is copied sideways, and the fully locked Rates range stays put when it is filled down.
IFERROR hides every error, not only a missing code. A typo in the range would also quietly return 0.
Explainer, decoder, analyzer: same job.
People look for an Excel formula explainer, a formula breakdown tool, a formula decoder, analyzer or evaluator. The job behind every name is the same: take a formula someone else wrote and tell you, in plain words, what it does and whether it does it correctly.
Excel's own Evaluate Formula dialog (Formulas, then Evaluate Formula) steps through a calculation one part at a time and shows the intermediate values. It tells you what the formula computes, not what it was meant to do, and a deep formula takes dozens of clicks.
Formula Foundry splits the work in two. The editor gives you the structure at a glance, for free and without an account. The AI assistant adds the intent: what each step is for, which column each range points at, and where the likely bug is.
What our users say
Editor's pick
The variable syntax is brilliant. Changing tax rate from 0.08 to 0.10 instantly updated 500+ formulas. Makes spreadsheets maintainable and formulas self-documenting. Perfect for financial modeling.
Namrit Sheth
Data Analyst
Formula Foundry is genuinely impressive. Simplifying complex formulas, adding variables, snippets, and multi-tab editing inside Sheets is such a game-changer. As someone who has to deal with sheets, dashboards and pipelines every day, this feels like a tool built exactly for the pain points data people deal with.
Pavan Kishore Chaparla
Data Analyst
Variables and vlookup are extremely useful in transferring Excel skills and keeping a sheet clean, as well as processing in fewer steps than I otherwise would have known how.
Jason Tau
Senior Financial Planning Analyst
I found the AI Assistant extremely helpful because it saved me time by generating formulas automatically and suggested improvements I might not have thought of. It made complex tasks much easier and more intuitive, especially for repetitive or complicated formulas.
Anand Kumar Gade
Financial & Reporting Analyst
As a marketer, I always end up back in spreadsheets — forecasting, funnel math, quick models, etc. I'm thrilled Formula Foundry created a productivity tool that actually makes a difference with my critical spreadsheet work.
Megan Wells
Vice President Marketing
My favorite feature is the editor and being able to more easily structure my formulas. The easy readability is a game changer! Also, the variables are super useful when I need to put together a complex report.
Brian Norman
Sales Engineer
Start free. Upgrade when it pays for itself.
$0
Free forever
Everything you need to get started — no card required.
Get started free$15/ month
billed annually, or $19 / month billed monthly
Unlimited everything for power users.
Upgrade to Pro$24/ seat / month
billed annually, or $29 / seat / month billed monthly
Shared snippets, SSO, and team management.
Upgrade to BusinessEnterprise. SSO, admin controls, custom onboarding & training, dedicated support, and an SLA — tailored to your organization with volume pricing.
Talk to salesUnderstand the next formula you inherit in seconds.
Add Formula Foundry to Excel to get plain-English explanations and fix suggestions next to your workbook, on the free plan and with no credit card.
Free plan, no credit card, installs in about 30 seconds.
Excel Formula Explainer FAQ