What Is An Income Statement (IS)?
An Income Statement is one of the three financial statements that are used to value a company and to show inflows and outflows of value. The Income Statement lists all operational costs of the business as well as any income. It is always for a period of time (i.e. 1 year).
Some examples of items included on the income statement are:
- Revenue
- Cost of Goods Sold
- Research & Development
- Depreciation & Amortization
- Earnings Per Share
Related Terms
- 10K
- 10Q
- Amortization
- Audit
- Balance Sheet (BS)
- Cash Flow Statement (CFS)
- Cost of Goods Sold (COGS)
- Depreciation
- Earnings Before Interest & Tax (EBIT)
- Earnings Before Interest, Taxation, Depreciation & Amortization (EBITDA)
- Earnings Per Share (EPS)
- EV / EBITDA
- Financial Statements
- Generally Accepted Accounting Principles (GAAP)
- Net Income
- Operating Expenses
- Operating Income
- Precedent Transactions
- Public Comparable Companies
- Research & Development (R&D)
- Revenue
- Securities & Exchange Commission (SEC)
- Selling, General & Administrative Costs (SG&A)
- Shares Outstanding
- Stock-Based Compensation
- Taxation
- Valuation
