Income Statement / P&L Statement A financial statement that measures a company's financial performance over a specific time and provides a summary of how the business generate revenues and incurs expenses by its operating and nonoperating activities. Home Resources Startup Law Dictionary Income Statement / P&L Statement Return to Glossary Need legal help? Schedule a free consultation with a world-class startup attorney on LawTrades. LET'S CHAT Roy G. Business Attorney Heather N. Business Attorney Jared S. Business Attorney Tell us about your project We'll connect you with a vetted attorney in just a few minutes. Trusted by top companies like :