Broadly speaking, it is the final total of an account or a financial statement (specifically the statement of financial position or balance sheet). In other words, it is the final line of a financial statement, portraying the net amount.

It may also refer to an entity’s earnings, net income, profit or in specific cases earnings per share (EPS).

In connection with the statement of income, it is the income earned after all expenses have been deducted from total revenues. These expenses include interest charges paid on finances, general and administrative costs, and income taxes.

The bottom line comes in many other names including accounting profit and bookkeeping profit.