Profit and Loss Statement

Profit & Loss Statement: A P&L is a company’s financial profit and loss statement that shows revenue recognized for a specific period of time fewer expenses. The purpose of the income statement is to show executives, banks, and investors whether the company made or lost money during the period being reported.

Pro Tips: Learn how to make an income statement with our free income statement templates.

Or download our 15+ designer-approved business templates to help your writing other essential business reports.