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

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

That perception has been fair, since most revenue still comes from handsets and licensing, and new markets have stayed mostly off the income statement.

From MarketWatch ● Jun. 25, 2026

Transparency is limited, because the companies don’t say how much depreciation is allocated to each of the various expense lines on the income statement.

From The Wall Street Journal ● Jun. 18, 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

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 ● Feb. 12, 2026