Net income
Net income is what is left for shareholders after every cost, expense, interest payment and tax has been taken out. It is the bottom line of the income statement, and it is also called net profit or net earnings.
How it is computed here
| Formula | revenue − all costs, expenses, interest and taxes |
|---|---|
| Unit | Currency amount |
| Period | One fiscal year, as reported |
| Source | Extracted from SEC filings; every value on an asset page carries the accounting tag and the filing it came from |
| Identifier | lucro |
What goes into the formula
| Revenue | The top line — what the company billed, before any cost. Everything below it in this list is subtracted from it. |
|---|---|
| Cost of revenue and operating expenses | Everything spent to make and sell the product and to run the company. |
| Interest | The cost of the money borrowed. A cost of the balance sheet, not of the operation. |
| Income tax | The charge on the year's profit, which is not the same as the cash handed to a government. |
A formula without its inputs explained is decoration. Where an input is missing from a filing, the metric is left empty here rather than completed with a zero or an estimate.
How to calculate net income, step by step
The manufacturer from the previous entries, all the way down.
| Revenue | $4,000M |
|---|---|
| Cost of revenue | $2,600M |
| Operating expenses | $1,000M |
| Interest | $50M |
| Income tax | $74M |
- Gross profit = 4,000 − 2,600 = $1,400M.
- Operating income = 1,400 − 1,000 = $400M.
- Pre-tax profit = 400 − 50 = $350M.
- Net income = 350 − 74 = $276M.
- Net margin = 276 ÷ 4,000 = 6.9%.
Result: $276M — under seven cents of every dollar billed
Four thousand million came in and two hundred and seventy-six million stayed. Everything between those two numbers is the business.
The figures in this example are illustrative and rounded — they are not a real company. The real figures on this site are the live ones below and on every asset page, each carrying the filing it came from.
What net income is good for
Net income is the numerator of most ratios on this site — return on equity, return on assets, the payout ratio — and it is what earnings per share divides. If this figure is distorted for a year, every ratio built on it is distorted with it.
What this number does not tell you
Net income is an accounting result, not cash. It includes non-cash charges like depreciation and impairments, and one-off items — a legal settlement, an asset sale, a tax credit — that will not repeat. A single year read in isolation is the least informative way to use it, which is why this site publishes up to nineteen of them side by side. Losing money is not the exception in this universe. Of the 6,088 companies on this site with a reported earnings history, 3,064 — almost exactly half — reported a loss in their most recent fiscal year. A negative bottom line places a company in the larger half of the US-listed market, not outside it.
Every metric on this site is published with its blind spot stated. A figure without its limit is half a fact.
Highest reported net income
| MSFTMICROSOFT CORP | $133.7B |
|---|---|
| GOOGAlphabet Inc. | $132.2B |
| GOOGLAlphabet Inc. | $132.2B |
| NVDANVIDIA CORP | $120.1B |
| AAPLApple Inc. | $112.0B |
| AMZNAMAZON COM INC | $77.7B |
| BRK-ABERKSHIRE HATHAWAY INC | $67.0B |
| BRK-BBERKSHIRE HATHAWAY INC | $67.0B |
From the most recent fiscal year of each company. Only companies reporting in US dollars are ranked here — a figure in yen or won is not larger, it is in another currency.
See it in a published filing
These pages show the figure across up to nineteen fiscal years, with the accounting tag and the filing behind every value.