Income vs Revenue vs Earnings Income, revenue, and earnings are probably the three most widely used concepts in accounting and finance. All the terms denote measures of a company’s profitability. Although they are defined differently, they are frequently confused with one another. Income (net in...
Gross earnings is the total amount of income earned over a period of time by an individual/household or a company. The gross earnings for a person or household are any income without any deductions. For a business, gross earnings are the total revenue less the cost of goods sold. Gross ea...
Income isearningsleft after all expenses and non-revenue, additional income are deducted. It's more commonly called net income because it's the net result after the deductions. There may be several line items subtracted from revenue to arrive at net income. Income can be broken up into differ...
EBITDA (earnings before interest, taxes, depreciation, and amortization) is revenue minus the COGS mentioned above as well as operating expenses and selling, general, and administrative expenses. Finally, net income is the final profit remaining after all the above is removed. ...
财会上一般指revenue-expense,但也无法单独解释。 比如income before tax就是所有revenue减去expenses;而net income是income before tax- tax;当然还有comprehensive income之类。 income statement利润表taxable income应税收入 9.earnings多指通过劳动或投资等手段所得到的收入。income与earnings含义很相近,但前者强调总收入...
Also referred to as “net income” or “net profit,” income is the total amount of earnings a company makes minus expenses. It is calculated by subtracting the costs of doing business, such as depreciation, interest, taxes, and other expenses from revenue. ...
Operating incomeis the amount of revenue left after subtractingoperating expenses, which are the costs of running the daily business. Also referred to as operating profit, it gives investors an idea of a company's profit or earnings without factoring in interest and taxes. These two expenses are...
The basic difference between revenue and net income could be the fact that the former is the total amount of money actually earned by an entity during a particular period, whereas the latter is the actual total earnings that are left with a company after making all the necessary adjustments li...
Earnings before interest, taxes, depreciation, and amortization (EBITDA) $37,000 Depreciation $5,000 Taxable income $32,000 Taxes (12%, since you live in an area with no state income tax) $3,840 Net Income $28,160 Your net revenue is going to look strong at $97,000, but that doesn...
Is revenue the same as profit? No, revenue is the total earnings before deductions; profit is the residual amount after subtracting all expenses from revenue. 14 Is income the same as wages for an individual? Wages are a component of income; income may also include earnings from other sources...