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 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

Union Pacific UNP 0.57%increase; green up pointing triangle and Norfolk Southern NSC 0.58%increase; green up pointing triangle each report depreciation as a stand-alone operating expense on the income statement.

From The Wall Street Journal