Gross income before taxes and other deductions. Gross income for a business is total revenue minus direct production costs, excluding indirect costs and taxes.

Gross income is a person's pretax annual salary. It's your paycheck before taxes, health insurance, etc.

Gross income can include dividends or services in lieu of cash payments.

Say you earn $90,000 a year from your job and $10,000 from dividend stocks and bonds. Your annual gross income is $100,000.

This gross income figure doesn't include federal or local taxes or before-tax deductions for health insurance, so it's not your true take-home pay.

Gross income is a company's revenue minus direct production costs.

Net income shows how much money a person or business has.

Investors may prefer net income over gross income to measure a company's success. Net income can be misleading.