# Net Revenue

**IRI:** https://folio.openlegalstandard.org/R7SfjNZajT3w8quumBNCuQU

## Labels

**Alternative Labels:**

- Net Income

## Definition

Net revenue is gross revenue minus returns, allowances, and discounts. Net revenue provides a more accurate picture of the actual income a business has available for operating expenses, since it accounts for deductions that reduce the total income.

## Sub Class Of

- https://folio.openlegalstandard.org/RnfzkAKrjy32YoweXnzDjp

**Deprecated:** False