Financial Terms Tagged with Income Statement

Market Price of Common Stock The company stock price during the period reported. Learn More...

Net Sales Total company sales minus sales returns, refunds, or allowances. Learn More...

Cost of Goods Sold The cost of creating and offering for sale the goods or services a company provides. Learn More...

Gross Profit The amount of profit the company accumulated, minus the cost to produce and sell its products and services. Learn More...

Operating Profit Company profit that remains after subtracting all expenses associated with selling its products or services. Learn More...

Interest Expense Commonly used to record costs or income generated from sources other than a company's operations. Learn More...

Net Earnings The company profit remaining after all expenses are subtracted. Learn More...

Sales General and Administration Company expenses resulting to the sale of goods and services, along with management expenses. Learn More...

Income Tax The amount of total taxes the company owes from income generated. Learn More...

Earnings Before Income Taxes Company profit recorded before income taxes are subtracted. Learn More...

Operating Expenses A summation of various expenses incurred during company operations. Learn More...