More terms
Income Statement
A financial statement presenting revenue, expenses, gains, losses, and resulting profit or loss over a defined period.
What traders should verify
For Income Statement, identify the statement, reporting period, accounting policy, footnote support, comparable periods, and cash-flow effect.
Do not conflate
Income Statement is an accounting measure or classification; it is not automatically cash, fair value, liquidity, or current market value.
Primary source
SEC definitionSource boundary: this glossary reflects SEC staff views and is not a Commission rule, regulation, or statement. Check the linked source for current wording and legal context.