Operating Income  Dictionary Says  Definition of 'Operating
Income'  The amount of profit realized from a business's
operations after taking out operating expenses - such as cost of
goods sold (COGS) or wages - and depreciation. Operating income
takes the gross income (revenue minus COGS) and subtracts other
operating expenses and then removes depreciation. These
operating expenses are costs which are incurred from operating
activities and include things such as office supplies and heat
and power. Operating Income is typically a synonym for earnings
before interest and taxes (EBIT) and is also commonly referred
to as "operating profit" or "recurring profit."  Calculated as:
Operating Income = Gross Income - Operating Expenses -
Depreciation & Amortization  Investopedia Says  Investopedia
explains 'Operating Income'  Operating income would not include
items such as investments in other firms, taxes or interest
expenses. In addition, nonrecurring items such as cash paid for
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