Gross revenue appears at the top of the income statement, giving a snapshot of total sales. Net revenue, however, provides a clearer picture of actual earnings by accounting for direct costs.

Apply deductions to your gross income to get your taxable income J.B. Maverick is an active trader, commodity futures broker, and stock market analyst 17+ years of experience, in addition to 10 ...

Gross profit is revenue minus cost of goods sold (COGS). It's used to assess how well a company manages its production and labor costs. Net income, meanwhile, is a company’s actual profit or ...

Revenue is the gross income a business earns from its operations. Understanding revenue recognition helps assess how a business records its earnings. Investors use revenue growth and price-to ...

Net business income can be negative if your operations cost you more than earnings. A company with costs that consistently exceed revenue is likely to fail. In addition to your gross annual ...

Gross profit calculates as revenue minus the cost of goods sold (COGS). Gross profit margin, a percentage, helps compare profitability across companies. High gross profit indicates a company's ...

Adjusted gross income, as defined by the Internal Revenue Service (IRS), is “gross income” minus “adjustments to income.” “Gross income” includes different kinds of income, including ...