Income Statement Example For a real-world example, let's look at Microsoft Corporation's June 2024 Income Statement as reported to the Securities and Exchange Commission (SEC).

Learn what an income statement is, its key components (revenue, expenses, profit), and why it's important for financial analysis.

Unique characteristics are included in the balance sheet and income statement of a bank's financial statements that help investors decipher how banks make money.

For example, your annual income statement might show "Year ended December 31, 2015." Your quarterly income statement might display "Three months ended March 31, 2015." ...

If the information came from the company's annual income statement, you're done. In this case, the periodic rate is the interest rate paid on the debt.

Income statements are essential financial documents for small businesses. Learn more about them here.

Apple Inc. annual income statement. View AAPL financial statements in full, including balance sheets and ratios.

How this calculation appears on the financial statements over time For the next seven years, the company will recognize an annual depreciation expense of $1,500 on the income statement.

For example, under expenses and losses, the income statement may break down the section into subsections such as interest expense, cost of goods sold and advertising expense.