The difference between net sales and net income is the difference between the top and bottom lines. Net sales, or net revenue, is the money your company earns from doing business with its customers.

The income statement is a step-by-step guide that reveals how much income your business makes and where it goes. The net sales figure is what remains after all sales discounts, returns and allowances ...

In the table above for the annual income statements of Apple (Nasdaq: AAPL) from 2017 to 2021, the top line item for revenue is labeled net sales. Moving down on the income statement, items are ...

Learn what Net Income After Taxes (NIAT) means, how it's calculated, and see examples to understand this key financial metric ...

Daniel Liberto is a journalist with over 10 years of experience working with publications such as the Financial Times, The Independent, and Investors Chronicle. Stella Osoba is the Senior Editor of ...