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    Vertex42
    https://www.vertex42.com › ExcelTemplates › income-statement.html

    Income Statement Template for Excel - Vertex42

    • Download a free income statement template for Excel and learn how to format it for your business. Choose between single-step or multi-step income statement with examples and explanations.… See more

    Revenues

    The income that is generated by providing a service, selling a product, earning interest on investments, renting extra office space, licensing technologies, selling advertising space, or li… See more

    Vertex42
    Cost of Goods Sold

    For a retail company, one of the main expenses is the cost of goods sold. So, you'll see Cost of Goods Sold broken out into its own section, with Gross Profit calculated … See more

    Vertex42
    Operating Expenses

    This section is where you include all your operating expenses such as advertising, salaries, rent, utilities, insurance, legal fees, accounting fees, supplies, research and developme… See more

    Vertex42
    Operating Income

    In the multi-step income statement, the operating income is calculated as the Gross Profit minus the total Operating Expenses. In general, interest expense and income tax expense ar… See more

    Vertex42
    What is a free Excel income statement template?
    The free Excel Income Statement Template is perfect for compiling the income statement for your company, restaurant, small business, or project.
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