What is the difference?
Revenue vs Net Income
Revenue
Net Income
What is it?
Revenue is defined as the income generated through a business’ primary operations. It is often referred to as “top line” and is shown at the top of an income statement.
Net Income is an accounting term that refers to the total revenue minus the total expenses for any given period. Net Income is one of the best ways to determine a business' profitability and is often referred to as the bottom line. For Net Income, expenses to be deducted include Cost of Goods Sold (COGS), all operating expenses, and tax and interest costs.
Who is it for?
Categories
Formula
ƒ Sum(Revenue)
ƒ Sum(Revenue) - Sum(COGS) - Sum(Operating Expenses) - Sum(Taxes) - Sum(Interest Expenses)
Track this metric
Published and updated dates
Date created: Oct 12, 2022
Latest update: Oct 12, 2022
Date created: Oct 12, 2022
Latest update: Mar 18, 2024