More terms
Net Income (loss)
Profit or loss remaining for a period after subtracting all recognized expenses from revenue and gains.
What traders should verify
For Net Income (loss), identify the statement, reporting period, accounting policy, footnote support, comparable periods, and cash-flow effect.
Do not conflate
Net Income (loss) 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.