net income

noun

1. the excess of revenues and gains of a business over expenses and losses during a given period of time.

Word History and Origins

Origin of net income¹

First recorded in 1760–70

Example Sentences

Net income during the same period grew to $25 million, compared to a loss of $437,000 a year ago.

From Los Angeles Times

Net income rose 40% to about $2.4 billion.

From Los Angeles Times

In July, UPS reported quarterly net income of $1.41 billion, a 32% dip from $2.08 billion the same time last year.

From Salon

Net income surged to $57 million, more than doubling the total from the previous year.

From Los Angeles Times

In the second quarter, Phillips 66 posted net income of $1.02 billion, down 40% from the same period a year ago.

From Los Angeles Times