What context can I use each word in?
Learn when and how to use these words with these examples!
income
Example
My income from my job is enough to cover my expenses. [income: noun]
Example
She reported an income of $50,000 on her tax return. [income: noun]
Example
After taxes, my monthly income is $3,000. [income: noun]
revenue
Example
The company's revenue increased by 20% this quarter. [revenue: noun]
Example
The revenue from our new product has been impressive. [revenue: noun]
Example
The government's revenue from taxes is used to fund public services. [revenue: noun]
Good things to know
Which word is more common?
Income is more commonly used than revenue in everyday language, as it is a term that is more relatable to individuals and households. Revenue is a term that is more commonly used in business and financial contexts.
Whatโs the difference in the tone of formality between income and revenue?
Revenue is a more formal term than income, as it is primarily used in business and financial contexts. Income is a more versatile term that can be used in both formal and informal contexts.