income statement

noun

A calculation which shows the profit or loss of an accounting unit (company, municipality, foundation etc.) during a specific period of time, providing a summary of how the profit or loss is calculated from gross revenue and expenses.

Similar
profit and loss statementP&L statementP&Learnings reportoperating statementprofit-and-loss statement
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Meanings

nounincome statement (plural income statements)

plural income statements

  1. accountingA calculation which shows the profit or loss of an accounting unit (company, municipality, foundation etc.) during a specific period of time, providing a summary of how the profit or loss is calculated from gross revenue and expenses.

    Synonyms: profit and loss statement, P&L statement, P&L

Synonyms & antonyms

nounA calculation which shows the profit or loss of an accounting unit (company, municipality, foundation etc.) during a specific period of time, providing a summary of how the profit or loss is calculated from gross revenue and expenses.

Similar
profit and loss statementP&L statementP&L

More synonyms by meaning

nouna financial statement that gives operating results for a specific period

Similar
earnings reportoperating statementprofit-and-loss statement
Broader
statementfinancial statement
Also see
p&l statementprofit and loss statement

Synonym sets from Open English WordNet, CC BY 4.0.

Translations

Chinese Mandarin 損益表 /损益表
  • 損益表 /损益表 (sǔnyìbiǎo)financial statement of net income
Danish resultatopgørelse
  • resultatopgørelsefinancial statement of net income
Dutch verlies-en-winstrekening, winst-en-verliesrekening
  • verlies-en-winstrekeningfinancial statement of net income
  • winst-en-verliesrekeningfinancial statement of net income
Finnish tuloslaskelma
  • tuloslaskelmafinancial statement of net income
French compte de résultat, compte de pertes et profits
  • compte de résultatfinancial statement of net income
  • compte de pertes et profitsfinancial statement of net income
  • pertes et profitsfinancial statement of net income
German Gewinn- und Verlustrechnung
  • Gewinn- und Verlustrechnungfinancial statement of net income
Italian conto economico
  • conto economicofinancial statement of net income
Polish rachunek zysków i strat
  • rachunek zysków i stratfinancial statement of net income
Portuguese demonstração do resultado do exercício
  • demonstração do resultado do exercíciofinancial statement of net income
Spanish estado de resultados
  • estado de resultadosfinancial statement of net income
Swedish resultaträkning
  • resultaträkningfinancial statement of net income
Tagalog pahayag ng kita
  • pahayag ng kitafinancial statement of net income
Turkish gelir tablosu, gelir beyanı
  • gelir tablosufinancial statement of net income
  • gelir beyanıfinancial statement of net income
Cite this entry
APA

income statement. (n.d.). In WatkinsX Dictionary. Retrieved November 4, 2026, from https://dictionary.watkinsx.com/word/income%20statement

MLA

“income statement.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/income%20statement. Accessed November 4, 2026.

Chicago

WatkinsX Dictionary, s.v. “income statement,” accessed November 4, 2026, https://dictionary.watkinsx.com/word/income%20statement.

Source: income statement on Wiktionary, CC BY-SA 4.0.