# Net Income

*Accounting & Reporting — Finicade finance glossary*

Net income is what remains after every expense, interest and tax — the bottom line, and the input to earnings per share. It's an accrual figure, not cash: a profitable company can run out of money and a loss-making one can generate cash. That gap is why the cash flow statement exists, and why comparing net income to operating cash flow over several years is a standard quality-of-earnings test.

**Also known as:** net profit, bottom line, earnings

**Related terms:** [Operating Income (EBIT)](https://finicade.com/glossary/operating-income), [EPS (Earnings Per Share)](https://finicade.com/glossary/eps), [Retained Earnings](https://finicade.com/glossary/retained-earnings), [Free Cash Flow](https://finicade.com/glossary/free-cash-flow), [Net Profit Margin](https://finicade.com/glossary/net-profit-margin)

Source: https://finicade.com/glossary/net-income