What is a company’s Income Statement?
The Income Statement is one of three financial statements released by a company every quarter that allow investors an inside look into the company’s revenue, profit and expenses. The Income Statement, Balance Sheet and Cash Flow Statement are all found within a company’s 10-Q or 10 – K report filed with the Securities Exchange Commission.
Example below from Intel’s (INTC) 2012 2nd quarter earnings.
(Click to Enlarge)

Common terms on a company’s Income Statement:
Revenue (or Sales) –
Cost of Sales –
Amortization –
Depreciation –
Net Income –
Common Fundamental Analysis ratios that use information from a company’s Income Statement:
ROA (Return on Assets) –
See our step by step guide on reading and evaluating a company’s Income Statement here.
Financial Statements: A Step-by-Step Guide to Understanding and Creating Financial Reports, Defines this as:
“The income statement gives one important perspective on of a business-its profitability.
The income statement reports on making and selling activities of a business over a period of time:
- what’s sold in the period
- what it cost to make
- selling and general expenses for the period
- income for the period.”
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