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

See Examples For:

income statement

And after the one-year true-up window closes, any further bad news will hit the income statement directly.

From The Wall Street Journal ● Sep. 3, 2026

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

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

From MarketWatch ● May 2, 2026

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 ● Feb. 25, 2026