
## What is an Income Statement?

An income statement is a financial statement that shows a company's financial performance over a specific accounting period. It provides a summary of how the business incurs its revenues and expenses, ultimately leading to net profit or loss for the period.

Key components of an income statement:

1. Revenue: The total income generated by the sale of goods or services.
2. Expenses: The costs incurred in the process of earning revenue.
3. Gross Profit: Revenue minus the cost of revenue.
4. Operating Income: Gross profit minus operating expenses.
5. Net Income: The final profit or loss after all expenses, including taxes and interest.

The income statement is crucial for understanding a company's profitability and financial performance.
    

Revenue minus the cost of revenue.

## Source Code
The source code for this chart is located at [https://github.com/nathansnellaert/subsets-pipelines/blob/main/integrations/assets/fmp/income_statements.py#L124](GitHub)

Historical data for INCO.BR

Gross Profit - INCO.BR

Date

Gross Profit (in USD)

Apply a cumulative sum to the Y-axis data.

Cumulative Sum

Take the absolute value of the Y-axis values.

Absolute Value

Scale the Y-axis values to a specified range.

Scale

Logarithm

Historical data for JNJ.SW

Gross Profit - JNJ.SW

Historical data for COO

Gross Profit - COO

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Gross Profit - INCO.BR

Historical data for INCO.BR

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Gross Profit - JNJ.SW

Historical data for JNJ.SW

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Gross Profit - COO

Historical data for COO

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Gross Profit - SO

Historical data for SO

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