net income
Earnings after everything
Net income is the amount remaining after all expenses, taxes, and deductions have been subtracted from total revenue.
In business, it's the "bottom line"—what a company actually earned: The company reported net income of $2.3 million for the quarter.
For individuals, net income is take-home pay after withholdings.
Essential point or conclusion
- profit marginRevenue exceeding costs ratio
- gross marginProfit from direct costs
- EBITDAProfit before major deductions
- financial statementsFormal records of transactions
balance sheet · cash flow · fiscal year · depreciation · amortization · ledger · bookkeeping · audit
Earnings after withholdings
- paycheckCompensation for labor
- salaryFixed periodic employment payment
- wagesPayment for work
- compensationPayment for services rendered
withholding · deductions · exemptions · tax return · W-2 · direct deposit · budgeting · savings
Total earnings before expenses
- operating expensesRoutine business costs
- cost of goods soldDirect expenses for inventory sold
- taxesMandatory government payments
- deductionsConclusions from reasoning
depreciation · overhead · write-offs · allowances · adjustments · credits · liabilities · gross profit
Profits paid to shareholders
- interestAttention, stake, or fee
- royaltiesOngoing payments to creators
- capital gainsProfit from asset sales
- pensionRetiree's ongoing benefit
annuity · bonus · commission · tips · investment returns
Revenue exceeding costs ratio
- financial performanceMonetary success measurement
- annual reportOrganization's periodic financial summary
- investor relationsCorporate communication with shareholders
- shareholder valueEquity investor financial returns
bottom line
Essential point or conclusion
- profit marginRevenue exceeding costs ratio
- gross marginProfit from direct costs
- EBITDAProfit before major deductions
financial statements · balance sheet · cash flow · fiscal year · depreciation · amortization · ledger · bookkeeping · audit · profitability
take-home pay
Earnings after withholdings
compensation · withholding · deductions · exemptions · tax return · W-2 · direct deposit · budgeting · savings · expenditure
gross revenue
Total earnings before expenses
- operating expensesRoutine business costs
- cost of goods soldDirect expenses for inventory sold
- taxesMandatory government payments
deductions · depreciation · overhead · write-offs · allowances · adjustments · credits · liabilities · gross profit
dividends
Profits paid to shareholders
- interestAttention, stake, or fee
- royaltiesOngoing payments to creators
- capital gainsProfit from asset sales
pension · annuity · bonus · commission · tips · investment returns
profit margin
Revenue exceeding costs ratio
- financial performanceMonetary success measurement
- annual reportOrganization's periodic financial summary
- investor relationsCorporate communication with shareholders
- economic vocabularytrade terms, credit terms, payment terms, working capital, accounts payable
- financial analysisprofit margin, gross profit, profitability, operating profit, EBITDA
- income taxtax return, tax brackets, tax rates, tax bracket, tax rate
- Self-Employment TaxesSchedule C, quarterly taxes, estimated taxes, 1099 forms, sole proprietor
- Banking MetricsROE, deposit rate, loan rate, interest rate, liquidity
- Canadian taxationfederal tax, tax returns, tax brackets, GST, tax refunds
net incomenet loss
Total financial shortfall
loss · financial loss · deficit · operating loss · red ink
net incomegross income
Earnings before any deductions
gross revenue · gross earnings · revenue · gross profit · total revenue
net incomeoperating expenses
Routine business costs
costs · expenditures · outlays · overhead · liabilities
net, income, earnings, netting, netted, incomes, netters, gross income, net profit