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.

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Example Sentences

“Neo may have slightly lower-than-average margin comparing to other Mac products, but I don’t think margin headwind is large enough to be notable on Apple’s consolidated income statement.”

From Barron's

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

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

Stock-based compensation expense on the income statement is measured using grant-date values, while withholding taxes are determined using share values on the vesting date.

From The Wall Street Journal

But the longer-term electricity contracts that tech companies are now signing with utilities will become significant repeating costs in another section of their financial results: the income statement.

From Barron's