MLchartDataset catalogue

Net Income

Term · Finance and investing · MLC-T-FIN-000262

The profit earned by a company after all expenses and taxes have been deducted from revenue. A simple way to think about net income is it’s the price of a widget multiplied by the number of widgets sold (this result is revenue) minus the cost to make and sell the widgets, other expenses and any interest or taxes.

Table 1. Record
IdentifierMLC-T-FIN-000262
FieldFinance and investing
ReferencesSEC Investor.gov Glossary
Record as JSON 
{
  "id": "MLC-T-FIN-000262",
  "term": "Net Income",
  "field": "Finance and investing",
  "definition": "The profit earned by a company after all expenses and taxes have been deducted from revenue. A simple way to think about net income is it’s the price of a widget multiplied by the number of widgets sold (this result is revenue) minus the cost to make and sell the widgets, other expenses and any interest or taxes.",
  "references": [
    "SEC Investor.gov Glossary"
  ],
  "url": "https://mlchart.com/terminology/finance/net-income/"
}

Record 262 of 398 in Finance and investing terminology (MLC-0118). Request the full dataset.