Income Statement Template for Excel


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The income statement or profit and loss statement is a basic financial statement where the main value reported is known as net income. The statement summarizes the company’s business revenue and expenses to provide a big picture of the company’s financial performance over time. An income statement is usually used with a balance sheet statement.

This income statement template was designed for the small-business owner and contains two example income statements, each on a separate worksheet tab (see the screenshots). The first is a simple single-step income statement with all revenues and expenses lumped together.

The second worksheet, shown on the right, is a multi-step income statement that calculates Gross Profit and Operating Income.

Item specifics

  • Instant download.
  • Lifetime license.
  • Easy to edit, Easy to use.
  • Template is 100% Customizable.