Net income can be calculated by subtracting expenses from revenue.
In terms of reporting revenue in a company's financial statements, different companies consider revenue to be received, or "recognized", different ways.
Use revenue in a sentence
“ Thanks to the new management team I've hired and the new business plan, our revenue from this point on should go through the roof. ”
“ If the marginal cost of producing another unit exceeds the marginal gain from selling it then a company should not increase production volume, because although this will increase revenue, it will decrease profit. ”
“ After selling 20 jars of jam for $5 a piece, she was quickly able to calculate her revenue at $100. While she would have to deduct expenses, she was able to quickly determine the amount she was bringing in. ”