net income
the excess of revenues and gains of a business over expenses and losses during a given period of time.
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Origin of net income
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Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
How to use net income in a sentence
Internal NBA records obtained by ESPN in 2017 showed that the league’s clubs were averaging almost $18 million in net income that season.
The Billionaire Playbook: How Sports Owners Use Their Teams to Avoid Millions in Taxes | by Robert Faturechi, Justin Elliott and Ellis Simani | July 8, 2021 | ProPublicaIn the other years, we earned no net income and, as a result, did not pay income tax.
Leading Manhattan DA Candidate Has Repeatedly Paid Virtually No Federal Income Taxes | by Robert Faturechi and Jeff Ernsthausen | June 16, 2021 | ProPublicaThen again, when your company’s net income has increased by a factor of 36 over the past five years, you can afford a few mistakes.
How did Amazon grow so fast? By thinking outside the shipping box. | Marc Levinson | May 7, 2021 | Washington PostBy “make money,” we don’t mean traditional net income on a GAAP — generally accepted accounting principles — basis.
Ride-hailing’s profitability promise is in its final countdown | Alex Wilhelm | April 12, 2021 | TechCrunchDuring the June 30 quarter, the company saw positive net income of $23 million off revenues of $675 million.
net income over that time frame rose 24 percent to $109.9 million.
Inside MGM’s Surprising Turnaround: ‘Robocop,’ ‘Bond,’ and ‘The Hobbit’ | The Wrap | February 16, 2014 | THE DAILY BEASTIn the fiscal year that ended in July, Molex had sales of $3.6 billion and net income of $243 million.
Get Ready to Support the Kochs, Liberal Apple Fans | Daniel Gross | September 10, 2013 | THE DAILY BEASTThat pushed net income down to $1.164 billion, a decline of 66 percent in one year.
After paying $149 million in income taxes, it was left with net income of $219 million.
Edward Snowden’s Employer, Booz Allen Hamilton, Has a Huge PR Problem | Daniel Gross | June 9, 2013 | THE DAILY BEASTAccording to Chafets, Ailes donates some 10 percent of his net income to charities.
16 Juiciest Bits From the Roger Ailes Biography | The Daily Beast | March 20, 2013 | THE DAILY BEASTThis effort to discover and record the net income from land was a failure.
The schools began to improve at once, and the net income was never again as small as under the carpet-bag rgime.
Civil War and Reconstruction in Alabama | Walter L. FlemingSpeaking broadly, the former consist in securing the largest net income, the latter in securing the largest gross product.
The Agrarian Problem in the Sixteenth Century | Richard Henry TawneyThis must be done each year until the net income from the farm is greater than the interest account.
The Fat of the Land | John Williams StreeterSuppose there was only a profit of three cents a gallon on that, it would have meant net income of $707.10.
Dawson Black: Retail Merchant | Harold Whitehead
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