income statement

American  

noun

1. an accounting of income and expenses that indicates a firm's net profit or loss over a certain period of time, usually one year.

---

Example Sentences

See Examples For:

income statement

Apple, Cook said, was absorbing a lot of AI costs in its operating expenditures and other entries in its income statement, implying the company might not need to grow capital expenditures much.

From The Wall Street Journal ● Aug. 4, 2026

That perception has been fair, since most revenue still comes from handsets and licensing, and new markets have stayed mostly off the income statement.

From MarketWatch ● Jun. 25, 2026

Google’s income statement reflects how valuable SpaceX and Anthropic are getting, Ewens said.

From MarketWatch ● May 2, 2026

The two cloud businesses now make up about half of sales, and if current trends continue, they could continue to dominate Oracle’s income statement before long.

From Barron's ● Mar. 10, 2026

The net effect: Nvidia can afford to dial back its earnings spin, because the expense on its income statement for stock-based pay is incidental compared with its true economic cost.

From The Wall Street Journal ● Mar. 4, 2026