Income Vs Revenue Vs Sales

So while revenue shows the total amount of money coming in income shows the total amount coming in and out.

Income vs revenue vs sales. Sales refer to income generated from an exchange of goods and services while revenue is the total income generated in the ordinary course of business sales is always an operating income and a result of primary activities while revenue can be both operating and non operating income and hence could be non recurring as well as one off items. While revenue includes earning generated only through the sale of goods and or services associated with the company s primary operations income also includes earning from other operations like. Revenue is the income a company generates before any expenses are taken out. Is the sales amount a company earns from providing services or selling products the top line.

The key difference between revenue vs sales is that revenue refers to the total income generated by any business entity by selling their goods or by providing their services including other income during the normal course of its operations whereas the sales refers to the proceeds received by the company against the selling their goods or by providing their services. Income can sometimes be used to mean revenue or it can also be used to refer to net income which is revenue less operating expenses the bottom line. Revenue is a subset of income which includes earnings only from the primary operations of the business. Revenue is the total amount of income generated by the sale of goods or services while income is earnings or profit revenue minus expenses.

Revenue is the total amount of sales generated by a company while income refers to the net profit earned minus expenses.