Which financial statement shows the results of a company's operations over time?

The Income Statement is specifically designed to show the results of a company's operations over a specified period of time, typically including measurements like revenues, expenses, and profits or losses. It summarizes how much revenue a company generated and how much it spent in the period, illustrating the profitability of the company's core business operations.

In contrast, the Balance Sheet provides a snapshot of the company’s financial position at a single point in time, detailing its assets, liabilities, and equity. The Cash Flow Statement focuses on the inflows and outflows of cash, providing insights into cash management but not directly addressing profitability. The Statement of Changes in Equity details changes in equity accounts over a period but does not summarize operational performance in the same way that the Income Statement does. Therefore, the Income Statement stands out as the financial statement that captures and communicates operational results.