net income

noun

1. the excess of revenues and gains of a business over expenses and losses during a given period of time.

Word History and Origins

Origin of net income¹

First recorded in 1760–70

Example Sentences

Tesla announced its first quarter financial results Tuesday, including a 71% drop in net income and 13% drop in vehicle deliveries.

From Los Angeles Times

Tesla shared that its auto revenue had dropped by 20% in the first quarter and its net income dropped by 71% compared to this point a year ago.

From Salon

Amazon, which employs around 1 million hourly workers and reported $39 billion in net income for the first nine months of this year, insists that operations will continue as normal.

From Salon

In California, state data show that some credit unions generate more than half their net income from overdraft fees.

From Los Angeles Times

The study notes that there “continues to be wide variation in financial performance among hospitals, with the bottom quartile showing a net income margin of -5%, compared to +13% for the top quartile.”

From Los Angeles Times