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

The company set records up and down its income statement, including a never-before-achieved gross profit margin of 74%.

From Barron's • Mar. 25, 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

Stock-based compensation is a noncash expense on the income statement; at Meta last year, it was $20.4 billion.

From The Wall Street Journal • Feb. 23, 2026

In the income statement, where we see revenue and earnings, capex is accounted for through depreciation costs.

From Barron's • Feb. 11, 2026

Consequently, while the revenue stays on the books, the earnings attributable to insiders are deducted at the bottom of the income statement through a line for “non-controlling interests.”

From The Wall Street Journal • Dec. 29, 2025