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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

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Thanks to the quirks of the accounting rules, those losses don’t appear on Boeing’s income statement and instead are relegated to footnotes about the acquisition.

From The Wall Street Journal ● Sep. 3, 2026

But he named others: “Let’s say orders would slow before the income statement changes. It could be a shrinking backlog. Or it might be a blip” because of bad weather.

From MarketWatch ● Jul. 27, 2026

If you bet on small-cap relative strength as a portfolio strategy, you should know that it’s important to pay close attention to each company’s balance sheet and income statement.

From MarketWatch ● Jul. 15, 2026

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

While Nvidia reported $6.4 billion of stock-based pay for its income statement last year, it paid out $7.9 billion in cash withholding taxes that became due when employee shares vested.

From The Wall Street Journal ● Mar. 4, 2026

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