Templates | Income Statement / Profit and Loss Statement
Income Statement Template
Income Statement Template
Get a free income statement Excel template (also known as a profit and loss statement) to help clearly summarise your company’s revenue, costs, and expenses.
Get a free income statement Excel template (also known as a profit and loss statement) to help clearly summarise your company’s revenue, costs, and expenses.
Download our excel template today.
Download our free Profit and Loss Statement Template to provide a detailed and accurate account of your company’s financials.
A P&L Statement template makes it easy to track revenue, expenses, and net income in one clear, organized format.
Whether you’re a small business or a growing company, this free Excel download will help you understand your financial performance at a glance. Use this income statement template to make smarter decisions, monitor profitability, and stay on top of your business finances with confidence.
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Is an income statement the same as a profit and loss statement?
Yes—they’re two names for the same thing. Some people call it an income statement, others call it a profit and loss (P&L) statement, but both show how much money your business is bringing in and spending over a certain period.
What is an income statement?
An income statement is a simple breakdown of your business’s earnings and expenses. It shows how much revenue came in, what it cost to operate, and what’s left over—whether that’s a profit or a loss. Think of it as a snapshot of your financial performance over time, like a scoreboard for your business.
What is the main thing you can learn from an income statement?
The purpose of an income statement is to clearly show your bottom line—how much money your business actually made (or lost). It helps you see if you’re turning a profit, where your money’s going, and what might need to change. If you want to grow your business, understanding this statement is a great place to start.
Learn more
Is an income statement the same as a profit and loss statement?
Yes—they’re two names for the same thing. Some people call it an income statement, others call it a profit and loss (P&L) statement, but both show how much money your business is bringing in and spending over a certain period.
What is an income statement?
An income statement is a simple breakdown of your business’s earnings and expenses. It shows how much revenue came in, what it cost to operate, and what’s left over—whether that’s a profit or a loss. Think of it as a snapshot of your financial performance over time, like a scoreboard for your business.
What is the main thing you can learn from an income statement?
The purpose of an income statement is to clearly show your bottom line—how much money your business actually made (or lost). It helps you see if you’re turning a profit, where your money’s going, and what might need to change. If you want to grow your business, understanding this statement is a great place to start.
