Difference Between Revenue And Income. Income is received after the deductions for expenses and costs from the revenue on the flip side; Revenue refers to the sum of money which the company generates from doing the business in the normal course of operations from its customers whereas net income refers to the income earned by the company or the income left over in the company after deducting all the expenses of the period from the net revenue.

Donations and charities received by the charitable institution. Revenue is not dependent on income and profit. Capital losses and revenue losses.