Learn what net income means for businesses and individuals, how it's calculated, and why it's a crucial financial metric.

Businesses often use gross income instead of net income to better gauge the product-specific performance of the business. Investopedia / Tara Anand An individual's and a company's gross incomes ...

A financial document generated monthly and/or annually that reports the earnings of a company by stating all relevant revenues (or gross income) and expenses in order to calculate net income.