Start with total revenue
Subtract cost of goods sold
Subtract operating expenses
Subtract depreciation and amortization
Subtract interest expense
Subtract taxes
Subtract any other expenses
Add any other income
The result is net income
Start with total revenue
Subtract cost of goods sold
Subtract operating expenses
Subtract depreciation and amortization
Subtract interest expense
Subtract taxes
Subtract any other expenses
Add any other income
The result is net income