net income

Definitions

The total profit of a company after all expenses, taxes, and costs have been subtracted from total revenue.

An individual's total earnings after the deduction of taxes and other mandatory contributions.

Examples

The company reported a significant increase in net income for the third quarter due to higher sales volume.

After deducting all operating expenses and taxes, the business was left with a positive net income.

Synonyms

Net profit Bottom line Earnings after tax Net earnings Final profit

Antonyms

Net loss Operating deficit Financial loss Negative earnings Red ink