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  • 08:58, 8 August 2026 WikiSysopIG talk contribs created page Net income (Created page with "'''Net income''' is the amount of profit remaining after an entity deducts expenses, interest, taxes, and other applicable costs from its total income for a specified accounting period. It is commonly reported as the final major measure of profitability on an income statement and is sometimes referred to as '''net profit''' or '''net earnings'''. Net income can be used to evaluate profitability, assess financial performance, calculate earnings-b...")