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

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

Outsiders can’t see how much depreciation is allocated to each of the various expense lines on the income statement.

From The Wall Street Journal • Feb. 12, 2026

As a result, Andersen Group’s income statement shows all the revenue and income for the operating business.

From The Wall Street Journal • Dec. 29, 2025

Because of that timing issue, Roblox’s income statement is a sea of red.

From Barron's • Nov. 26, 2025