Below is an example of Amazon’s consolidated statement of operations, or income statement, for the years ended December 31, 2015 – 2017. Take a look at the P&L and then read a …

As you can see, this example income statement is a single-step statement because it only lists expenses in one main category. Although this statement might not be extremely useful for …

Dec 9, 2025 · An income statement is one of the three major financial statements that businesses issue. Learn how it is used to track revenue, expenses, gains, and losses.

Jan 19, 2024 · Learn how your business can create and use income statements, along with other financial statements. What is an income statement? The income statement, also known as a …

Guide to what are Income Statement Examples. We explain examples using two methods - GAAP's Single Step & Multi-Step Income Statement & IFRS.

For example, if goods are sold to a customer in December 2025, but the customer is allowed to pay in January 2026, the amount of the sale is reported on the December 2025 income …

Jul 22, 2025 · Now that you have the idea of what an income statement is, let’s look at a real example. Here’s a sample of Microsoft’s income statement, or consolidated statement of …

Jul 9, 2025 · In this guide, we'll explain what an income statement is, including the elements it includes and a step-by-step walkthrough of how to prepare one. We'll also share a simple …

An income statement has a header followed by 6 sections – two reporting income, two reporting expenses, and two reporting profit (gross and net). Let’s dive into an income statement …

Download our free income statement template to track your company's financial performance and make informed business decisions.