Net income
What remains after all costs and expenses have been subtracted from revenues (or sales). Net income is the "bottom line" of the income statement, meaning that it is the result after subtracting tax expenses, cost of goods sold, selling, general and administrative expenses, depreciation expenses, and customer allowances, as well as extraordinary items (gains or losses).
Net income is sometimes contrasted with operating income (net income from normal operations only, not reflecting extraordinary/non-operating gains and losses). Net income is synonymous with net earnings, as well as net profit (if positive) or net loss (if negative).
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