Learn what Net Income After Taxes (NIAT) means, how it's calculated, and see examples to understand this key financial metric ...

Net income seems straightforward: It is the result when expenses (administrative expenses, business expenses, interest expenses, operating costs and other expenses) are subtracted from revenue. This ...

In the table above for the annual income statements of Apple (Nasdaq: AAPL) from 2017 to 2021, the top line item for revenue is labeled net sales. Moving down on the income statement, items are ...

Net income is the change in a business's financial circumstances for a certain time period and can be calculated as being revenues minus expenses. You can divide the calculation into multiple steps ...

Businesses pay taxes on their net income. Net income, is not the same as revenue, however. To calculate the net income, you need to start with the firm's revenues and deduct the relevant expenses ...

Gross income is total revenue minus production costs; it doesn't include other business expenses. Net income subtracts all costs from gross, showing true profit. Understanding gross vs. net helps ...