Gross Income

(redirected from Pre-Tax Income)
Also found in: Financial.

Gross Income

The financial gains received by an individual or a business during a fiscal year.

For Income Tax purposes, gross income includes any type of monetary benefit paid to an individual or business, whether it be earned as a result of personal services or business activities or produced by investments and capital assets. The valuation of gross income is the first step in computing whether any federal or state income tax is owed by the recipient.

gross income

n. in calculating income tax, the income of an individual or business from all sources before deducting allowable expenses, which will result in net income. (See: income tax)

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GAAP pre-tax loss of $3.4 million, versus GAAP pre-tax income of $2.6 million.
QAD Reports Fiscal 2020 Second Quarter and Year-To-Date Financial Results
IDG's second business unit, the Mobile Business Group, delivered another profitable quarter and improved pre-tax income by $100M for the 4th consecutive quarter.
Lenovo reports Q1 net income $162M vs. $77M last year
Midstream second-quarter pre-tax income was $423 million, compared with $316 million in the first quarter of 2019.
Phillips 66 (PSX(NYSE)
Millions of Dollars Pre-Tax Income Adjusted Pre-Tax Income Q2 2019 Q1 2019 Q2 2019 Q1 2019 Transportation $ 245 203 245 203 NGL and Other 143 90 143 90 DCP Midstream 35 23 35 23 Midstream $ 423 316 423 316 Midstream second-quarter pre-tax income was $423 million, compared with $316 million in the first quarter of 2019.
Phillips66
(OTC: HRRB), the holding company for Horizon Community Bank, has reported growth in quarterly pre-tax income of 37.5 percent for the period of January 1, to June 30, 2019, over the same period, prior year.
Horizon Bancorp announces financial results
March quarter 2019 adjusted pre-tax income of USD 832 million, adjusted net income of USD 639 million and adjusted earnings per diluted share of USD 0.96 on total adjusted revenue of USD 10.4 billion.
Delta Air Lines reports net income of USD 730m in March 2019
American Delta Air Lines has released its financial results for the last quarter and full year 2018 indicating that for the full year, the airline's adjusted pre-tax income stood at $5.1 billion, operating a $137 million decrease relative to what was recorded in 2017 as the company overcame approximately 90 per cent of the $2 billion increase in fuel expense.
Delta Air Lines Releases Financial Results For Last Quarter Of 2018
We delivered 1,422 homes in the third quarter, a 13% increase over last year, and our pre-tax income improved by 14% reaching a third quarter record of $39.5 million.
M/I Homes, Inc. announces net income of $29.3m
Reported pre-tax income of $6.3 billion in Q1 would have been $9 billion higher, save for the accounting change.
Insurers' Earnings Volatility Tied to Equities Accounting Change
In 2011, these names produced $256,000 in gross revenue ($70,000 pre-tax income) and $300,000 in gross revenue ($60,000 pre-tax income) in 2012.
Business For Sale; 737 -- Computer, Data Processing; INTERNET/ONLINE SERVICE
Credit Suisse Group 3Q13 results reported a core pre-tax income of CHF 930 million, net income attributable to shareholders of CHF 698 million and return on equity of seven per cent
Credit Suisse reports core pre-tax income of CHF 930 million for Q3
According to our computation, Meralco should have earned a pre-tax income of only 12 percent or P1.8 billion in 2011; instead it earned 145 percent or P21.8 billion.
Catastrophic charges net fantastic profits

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