What does Revenue Means?
Revenue means the total value of all sales of goods and services related to the business’s primary operations. Revenue is the income generated from normal business operations and includes discounts and deductions for returned merchandise.
Revenue, also known as gross sales, is often referred to as the “top line” because it sits at the top of the income statement. Income, or net income, is a company’s total.
What is the Difference Between Revenue and Income?
Revenue is the total amount of income generated by the sale of goods or services related to the business primary operations while income is referred to the business’s total earnings or profit.
When investors and analysts speak of a company’s income, they’re actually referring to net income or the profit for the company.