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

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

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

Stock-based compensation is a noncash expense on the income statement; at Meta last year, it was $20.4 billion.

From The Wall Street Journal ● Feb. 23, 2026