It's one of three primary financial statements. Focuses on income and expenses over a specific period. Aims to report a company's net income or earnings. Essential for assessing financial performance.

Financial statements report the business activities and financial performance of a company. Learn how they are used by executives, investors, and lenders.

Discover how cash purchases impact a company's income statement and where to find detailed records in financial reports.

What Is An Income Statement? An income statement lists a company’s income, expenses, and resulting profits over a specific time frame, usually a quarter or fiscal year. Companies create income ...

An income statement, also called an earnings report or a profit-and-loss statement, shows a company's fiscal operations during a specified time period. These income statements, typically produced ...