An income statement is one of three major financial statements used to evaluate the health of a company, along with the balance sheet and cash flow statement. There are several terms you'll need ...

Learn how to read Netflix's income statement and use it to evaluate the company's current financial condition.

A written report of the financial condition of a firm. Financial statements include the balance sheet, income statement, statement of changes in net worth and statement of cash flow. The first ...

Also referred to as a profit and loss statement. By combining these elements, the income statement illustrates just how much income your company makes or loses during the year by subtracting cost ...