What is the meaning of NET INCOME?

NET INCOME is the difference between a businesses total revenue and its total expenses. This caption and amount is usually found at the bottom of a company's Profit and Loss statement. Same as Net Profit.

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APABarry Goldsmith. (2010). net income. Retrieved September 30, 2026, from http://smartdefine.org/net_income/definitions/1158936
ChicagoBarry Goldsmith. 2010. "net income" http://smartdefine.org/net_income/definitions/1158936 (accessed September 30, 2026).
HarvardBarry Goldsmith 2010, net income, Smart Define, viewed 30 September, 2026, <http://smartdefine.org/net_income/definitions/1158936>.
MLABarry Goldsmith. "net income" 21 October 2010. Web. 30 September 2026. <http://smartdefine.org/net_income/definitions/1158936>
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