logoalt Hacker News

fistyesterday at 10:13 PM1 replyview on HN

Revenue and gross income are definitely not the same. It's a very common confusion.


Replies

bhoustontoday at 2:12 AM

You are correct actually, not sure why you are being downvoted. I just checked and the definitions are:

"Gross income is that same revenue minus the direct costs of producing the goods or services (such as materials and direct labor)."