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net income vs gross profit

gross profit vs net income

net income and gross profit both are nouns.

Word NounAdjectiveVerbAdverb
net income Yes No No No
gross profit Yes No No No
As nouns, gross profit is a hyponym of net income; that is, gross profit is a word with a more specific, narrower meaning than net income:
  • net income: the excess of revenues over outlays in a given period of time (including depreciation and other non-cash expenses)
  • gross profit: (finance) the net sales minus the cost of goods and services sold
net income (noun) gross profit (noun)
the excess of revenues over outlays in a given period of time (including depreciation and other non-cash expenses) (finance) the net sales minus the cost of goods and services sold
Difference between net income and gross profit

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