net income

USAGE SUMMARY

"net income" is a correct and usable phrase in written English.
It is typically used to describe the total amount of money that is made after all business expenses and taxes have been paid. For example, "This company reported a net income of $1,000,000 for the first quarter of the year."

✓ Grammatically correct

News & Media

Formal & Business

Science

Human-verified examples from authoritative sources

Exact Expressions

60 human-written examples

"Net income?" he said.

The New Yorker

lineage & the company's net income.

The New Yorker

Net income was 24 cents a share.

The New York Times

This year, net income was essentially flat.

The New York Times

It stated net income, of course.

The Economist

Net income was reported as $1 billion.

The New York Times

Net income was not disclosed.

The New York Times

Net income was virtually flat.

The Guardian - Business

Its net income totaled $596m.

The Guardian - Tech

Net income rose to $5.06bn.

The Guardian - Tech

Let's turn to net income.

The New York Times

Expert writing Tips

Best practice

When discussing a company's financial health, specify the period (e.g., quarterly, annually) for which the "net income" is reported to provide clear context.

Common error

Avoid using "net income" and gross income interchangeably; gross income is the total revenue before any deductions, while "net income" is the profit after all expenses and taxes are subtracted.

Linguistic Context

The phrase "net income" functions as a noun phrase, representing a specific financial metric. As Ludwig AI confirms, it is a standard term in business and finance, used to denote a company's profitability after all expenses.

Expression frequency: Very common

Frequent in

News & Media

35%

Formal & Business

35%

Science

15%

Less common in

Wiki

5%

Encyclopedias

5%

Reference

5%

Ludwig's WRAP-UP

In summary, "net income" is a very common noun phrase representing a core financial concept: a company's profit after all expenses and taxes. Grammatically correct and primarily used in professional contexts like news, business, and science, it serves to inform and quantify financial performance. Ludwig AI confirms its proper usage. To avoid confusion, remember that "net income" differs significantly from gross income, and should always be reported with its specific time frame (e.g. annual or quarterly).

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

net profit

Replaces "income" with "profit", emphasizing the gain after all deductions.

earnings after expenses

Highlights that the figure represents earnings remaining after all expenses have been accounted for.

adjusted net income

Indicates that the net income has been modified to reflect certain accounting adjustments.

after-tax profit

Specifies that the profit is calculated after taxes are paid.

total earnings

Focuses on the total earnings remaining after deductions.

final profit

Emphasizes the profit earned in the end.

realized profit

Highlights profits that have actually been received, not just calculated.

bottom line

A more informal term indicating the final profit or loss.

net revenue

This is the revenue after returns and discounts are deducted.

take-home profit

Suggests what remains after all deductions, similar to personal income.

FAQs

How do I calculate "net income"?

"Net income" is calculated by subtracting total expenses (including cost of goods sold, operating expenses, interest, and taxes) from total revenue.

What is the difference between "net profit" and "net income"?

The terms "net profit" and "net income" are often used interchangeably to refer to a company's earnings after all expenses and taxes have been paid.

Why is "net income" important?

"Net income" is a key indicator of a company's profitability and financial performance, influencing investment decisions and business strategies.

What can affect a company's "net income"?

A company's "net income" can be affected by various factors, including changes in revenue, operating costs, interest rates, tax rates, and accounting practices.