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

The study notes that there “continues to be wide variation in financial performance among hospitals, with the bottom quartile showing a net income margin of -5%, compared to +13% for the top quartile.”

From Los Angeles Times

Demand was so high that one manufacturer near Osaka, called Glory, saw its net income triple, according to an annual report.

From New York Times

Semiconductor related issues were boosted by news that Nvidia’s profit skyrocketed above forecasts, with quarterly net income climbing more than sevenfold from a year earlier to $14.88 billion.

From Seattle Times

The company beat Wall Street’s estimates on revenue, subscriber additions and net income, according to FactSet.

From Los Angeles Times

It also generated $2.3 billion in net income and its revenue was $9.3 billion, 15 percent higher compared with the same time last year.

From New York Times