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 ...

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.

Gross profit and net income are critical profitability metrics for any company. But, they are inherently different. Gross profit represents the income or profit remaining after production costs have ...