net income

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Net income

The company's total earnings, reflecting revenues adjusted for costs of doing business, depreciation, interest, taxes and other expenses.


A company's total revenue less its operating expenses, interest paid, depreciation, and taxes. For example, suppose a widget manufacturer earns $1,000,000 in total revenue. The widgets cost $200,000 to make and his administrative and payroll expenses total $250,000. He also must subtract $50,000 in depreciation on his widget manufacturing equipment and pay $200,000 in taxes. His net income is stated as: $1,000,000 - $200,000 - $250,000 - $50,000 - $200,000 = $300,000.

net income

Income after all expenses and taxes have been deducted. Net income, the most frequently viewed figure in a firm's financial statements, is used in calculating various profitability and stock performance measures including price-earnings ratio, return on equity, earnings per share, and many others. Also called aftertax profit, bottom line, net, net profit, profit. Compare gross profit.

Net income.

Net income is the amount of money a corporation has earned after subtracting all of the expenses of producing its goods or services from the income or revenue it has realized from sales of those goods or services.

net income


net income

Operating income after deduction of all expenses. See net operating income.
References in periodicals archive ?
25 million in Year 10 (the lesser of net income of $4 million or the unitrust amount of $250,000, plus the net income make-up of $1 million).
86-272, a multi-jurisdictional taxpayer is unable to depend on a single standard when determining whether to file a net income tax return in a state in which its activities, in addition to the solicitation of sales of TPP, consist solely of delivering TPP to in-state customers in company-owned vehicles.
assets C/A = the ratio of capital to assets s = the standard deviation of net income to
Part III, Reconciliation of Net Income (Loss) per Income Statement of Includible Corporations With Taxable Income per Return--Expense/Deduction Items.
s second-quarter net income rose 19 percent to $80 million, or $1.
VANGUARD INTERNATIONAL EQUITY INDEX FUND/EUROPEAN PORTFOLIO -- an annual distribution from ordinary net income in the amount of $0.
a) The computation for net income per common share is based on weighted average shares outstanding and as a result its components may not add to net income.
Net income for the third quarter of 2006 and 2005 was positively affected by gains on sales of loans of $763,000 and $1.
Fourth-quarter net income in 1995 included a charge to operating expenses of $850,000 relating to the company's plans to move its manufacturing in 1996 from California to a new and larger facility in Colorado.
VANGUARD/WELLINGTON FUND -- a quarterly distribution from ordinary net income in the amount of $0.
Micron") reported total revenue of $4,413,000 and net income of $510,000 for the quarter ended September 30, 2006 compared to total revenue of $3,339,000 and net income of $263,000 for the same quarter of 2005.
Nasdaq: SMCO) announced today that its 1994 second quarter net income increased 37% over the second quarter of 1993.