What is the term for total revenue minus total expenses?

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The term for total revenue minus total expenses is known as Net Income. This financial metric is crucial for understanding a company's profitability, as it represents the amount remaining after all costs, taxes, and expenses have been deducted from total revenue. Net Income is a key indicator of the financial health of a business, illustrating how well it is managing its resources and operating efficiently.

Gross Revenue refers specifically to the total sales before any deductions, while Operating Profit relates to earnings derived from core business operations, excluding other non-operational income and expenses. Revenue Loss does not accurately capture the essence of the difference between total revenue and expenses, as it implies a decline rather than a calculation of overall profitability.

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