Financials
Net income
Profit after expenses, interest, taxes, and other reported items for a period.
What it means
Net income appears on the income statement and flows into earnings per share. It includes non-cash accounting items, so it can differ from operating cash flow.
Example
Depreciation can reduce net income without a current-period cash outflow.
What not to infer
Net income alone does not show cash generation, balance sheet strength, or recurring quality.