What is 'Revenue'Revenue is the amount of money that a company actually receives during a specific period, including discounts and deductions for returned merchandise. It is the "top line" or "gross income" figure from which costs are subtracted to determine net income.Revenue is calculated by multiplying the price at which goods or services are sold by the number of units or amount sold.Revenue is also known as "REVs."
can be calculated by subtracting expenses from revenue.
Revenue is a company's income from all product or service sales. It does not include income from company investments, bank account interest, capital gains on asset sales, or miscellaneous earnings such as fees. Net revenue equals gross revenue minus directly related selling expenses. At a minimum, this should reflect the wholesale cost of products sold, including freight, and any sales commissions paid
Definition of revenue1: the total income produced by a given source a property expected to yield a large annual revenue2: the gross income returned by an investment3: the yield of sources of income (such as taxes) that a political unit (such as a nation or state) collects and receives into the treasury for public use4: a government department concerned with the collection of the national revenue
mass nounalso revenues
1Income, especially when of an organization and of a substantial nature.
‘traders have lost £10,000 in revenue since the traffic scheme was implemented’
1.1A state's annual income from which public expenses are met.
‘his priority was to raise government revenue and to lower expenditure’
‘the government's tax revenues’
1.2often the revenueThe department of the civil service collecting state revenue.
‘when the revenue makes a demand for tax, that demand is implicitly backed by the powers of the state’