Financials in USD. Standardized financial statements.
A compact view of how NIKE, Inc. turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $46.31B | $51.36B | $51.22B | $46.71B | $44.54B | $37.40B | $39.12B | $36.40B | $34.35B | $32.38B |
| Revenue Growth? | -9.8% | +0.3% | +9.6% | +4.9% | +19.1% | -4.4% | +7.5% | +6.0% | +6.1% | 0.0% |
| Cost of Revenue? | $26.52B | $28.48B | $28.93B | $25.23B | $24.58B | $21.16B | $21.64B | $20.44B | $19.04B | $17.41B |
| Gross Profit? | $19.79B | $22.89B | $22.29B | $21.48B | $19.96B | $16.24B | $17.47B | $15.96B | $15.31B | $14.97B |
| Gross Margin? | +42.7% | +44.6% | +43.5% | +46.0% | +44.8% | +43.4% | +44.7% | +43.8% | +44.6% | +46.2% |
| Operating Expenses? | $16.09B | $16.58B | $16.38B | $14.80B | $13.03B | $13.13B | $12.70B | $11.51B | $10.56B | $10.47B |
| Operating Income? | $3.70B | $6.31B | $5.92B | $6.67B | $6.94B | $3.12B | $4.77B | $4.45B | $4.75B | $4.50B |
| EBITDA? | $4.51B | $7.16B | $6.77B | $7.51B | $7.73B | $4.23B | $5.49B | $5.22B | $5.46B | $5.16B |
| Income Before Tax | $3.88B | $6.70B | $6.20B | $6.65B | $6.66B | $2.89B | $4.80B | $4.33B | $4.89B | $4.62B |
| Income Tax Expense | $666.00M | $1.00B | $1.13B | $605.00M | $934.00M | $348.00M | $772.00M | $2.39B | $646.00M | $863.00M |
| Net Income? | $3.22B | $5.70B | $5.07B | $6.05B | $5.73B | $2.54B | $4.03B | $1.93B | $4.24B | $3.76B |
| EPS? | $2.17 | $3.76 | $3.27 | $3.83 | $3.64 | $1.63 | $2.55 | $1.19 | $2.56 | $2.21 |
| Diluted EPS? | $2.16 | $3.73 | $3.23 | $3.75 | $3.56 | $1.60 | $2.49 | $1.17 | $2.51 | $2.16 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality