-
Net Income vs Profit: Whats the Difference?
Salam Asad May 13, 2021Its gross profit (listed as gross margin)—revenues minus COGS—is reported as just over $169 billion. Its net income—which includes operating expenses and income tax payments—is listed as just under $97 billion. Profit on its own is the amount of revenue left after costs and expenses. It can be reported at different levels, such as gross […]