What is the income generated by a business from selling its products or services called?

The income generated by a business from selling its products or services is referred to as revenue. Revenue represents the total earnings a company receives before any expenses are subtracted. It serves as a crucial indicator of a business's operational performance and is essential for assessing overall financial health.

While terms like profit and sales are related, they represent different concepts. Profit refers to the amount remaining after all expenses, costs, and taxes have been deducted from revenue, indicating what the company actually earns. Sales typically refer to the total amount generated from selling goods or services, which can sometimes be synonymous with revenue but may exclude additional income sources. Return generally relates to the return on investment (ROI) and involves a broader financial measure. Thus, revenue is the most accurate term for the income from sales.