Difference between Net Income and Net Profit

NET INCOME vs NET PROFIT: NOUN

Gross profit minus operating expenses and taxes.
The excess of revenues over outlays in a given period of time (including depreciation and other non-cash expenses)

The gross revenue minus all expenses
The excess of revenues over outlays in a given period of time (including depreciation and other non-cash expenses)

Operating loss, Accounting change, Earnings per share, Income tax, Financial statement, Fiscal year, Gross profit, Net loss, Income statement, Lucre, Profits, Profit, Earnings, Net, Net profit

Coverage, Clearance, Sack, Profit and loss, Bottom line, Cleared, Clear, Net revenue, Net margin, Lucre, Profits, Earnings, Profit, Net, Net income

Net operating income, Operating loss, Earnings per share, Income tax, Financial statement, Fiscal year, Gross profit, Net loss, Income statement, Lucre, Profits, Profit, Earnings, Net, Net profit

Gross, Good, Declare, Coverage, Sack, Profit and loss, Bottom line, Cleared, Clear, Lucre, Profits, Earnings, Profit, Net, Net income

Net interest income has been the most significant contributor to our revenues and net income.
We describe these adjustments reconciling net income to Adjusted Net Income in the tables below.
ALLOCATIONS OF NET INCOME AND NET LOSSES FOR FEDERAL INCOME TAX PURPOSES.
Income tax expense is based on net income and not net cash flow.
Use the adjusted net income figure on a completed tax return or determine net income by subtracting the operating expenses from the gross income.
Net interest margin, Net operating income, and Net income.
In addition, net income attributable to noncontrolling interests is included in net income on the income statement.
State taxes measured by net income or imposed in lieu of net income and excluded from federal taxable income arncluded in KS taxable income.
This net income template shows you the calculation of net income using line items from an income statement.
Net Income You may see both gross income and net income come up on your income tax filings.

What are net profit, net income, and net earnings?
Some people refer to net income as net earnings, net profit, or the bottom line.
Net Profit or Net Loss is ascertained from the Profit and Loss Account.
This negatively affects net profit, lowering the net profit margin for the company.
The net profit margin ratio is computed by dividing net profit by sales.
Loss statements include gross profit, operating profit and net profit.
In the chart below, three columns are marked as total: Net Price, Gross Profit, and Net Profit.
Underlying net profit is defined as net profit before exceptional items.
Net profit margin represents the net profit as a percentage of turnover.
Thus the term is used in net profit, net income, net loss, net worth, or net estate.