Verbull Word of the day
Finance glossary

Net Income

Accounting · beginner
Definition

A company total profit after all expenses and taxes.

Net income, the bottom line, is what remains after subtracting all costs, interest, and taxes from revenue. It drives earnings per share and signals overall profitability, though accounting choices and one-time items can distort it in any single period.

In a sentence

After paying every cost and tax, the company reported net income of $80 million.

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