# Operating income

> Operating income — Gross profit less operating expenses — the result of the core business before interest, other income and tax.

Source: https://lopifi.com/glossary/operating-income
Part of: Lopifi — US GAAP books on autopilot, reviewed by a CPA (https://lopifi.com)

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**What is operating income?** In accounting, operating income means gross profit less operating expenses — the result of the core business before interest, other income and tax.

## Words this system refuses for it

- EBIT (which adds back non-operating items)
- EBITDA

- **Category:** Statements
- **Specified in:** [Lexicon](https://lopifi.com/md/docs/domain/11-lexicon)
- **Rendered by:** [profit-and-loss](https://lopifi.com/md/components/profit-and-loss)
- **Related:** gross-profit