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 investors …

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 operations, with...

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.

Please download CFI’s free income statement template to produce a year-over-year income statement with your own data. The above template is from CFI’s Financial Analysis Fundamentals Course.

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

This comprehensive explanation teaches the income statement using the accrual method of accounting required by US GAAP. The explanation systematically builds understanding from the income …

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 profit …

In this tutorial we'll learn the purpose of this key accounting report and go over a simple income statement example to learn its format and components. At the bottom of this page you'll find a link to …

Jan 9, 2019 · Check out this real-world income statement example, and download a free income statement template to easily use in Excel.

Jul 9, 2025 · Learn how to prepare an income statement, what to include, and how to read one with the help of a clear, real-world income statement example for context. | Oyster®