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

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

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

From MarketWatch • May 2, 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

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