What is the difference between operating profits and net income ?

Question

I was looking WWE’s business operations, then I saw there was a vast discrepancy between operating profit vs net income.

I’ve heard the same thing applies for real estate and stocks.

In: Economics

Answer 1

So every country and state is different. They each have their own tax codes, rules and stuff. Operating profit doesn’t care about that. It’s how much you made off your product or service. Net is more real world in the places you file and service.