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.

---

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

If you bet on small-cap relative strength as a portfolio strategy, you should know that it’s important to pay close attention to each company’s balance sheet and income statement.

From MarketWatch ● Jul. 15, 2026

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 that doesn’t help much with modeling an income statement and the impact that depreciation has on each cost bucket.

From The Wall Street Journal ● Feb. 12, 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