Nike Inc.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $46.40B | $46.31B | $51.36B | $51.22B | $46.71B | $44.54B | $37.40B | $39.19B |
| Footwear | $30.54B | $30.97B | $32.39B | $33.09B | $29.16B | $28.02B | $23.95B | $24.22B |
| Apparel | $13.50B | $13.05B | $12.87B | $13.29B | $12.83B | $11.54B | $9.76B | $10.33B |
| Equipment | $2.22B | $2.22B | $1.55B | $1.52B | $1.53B | $1.46B | $1.26B | $1.46B |
| Other | $143.0M | $74.0M | $1.50B | $3.26B | $3.64B | $3.53B | $2.44B | $3.18B |
| Cost of Revenue | $26.49B | $26.52B | $28.48B | $28.93B | $25.23B | $24.58B | $21.16B | $21.64B |
| Gross Profit | $19.91B | $19.79B | $22.89B | $22.29B | $21.48B | $19.96B | $16.24B | $17.47B |
| Gross Margin | 42.9% | 42.7% | 44.6% | 43.5% | 46.0% | 44.8% | 43.4% | 44.6% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $16.11B | $16.09B | $16.58B | $16.38B | $14.80B | $13.03B | $13.13B | $12.70B |
| Operating Income | $3.90B | $3.89B | $6.70B | $6.20B | $6.65B | $6.66B | $2.89B | $4.80B |
| Operating Margin | 8.4% | 8.4% | 13.0% | 12.1% | 14.2% | 15.0% | 7.7% | 12.3% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $3.90B | $3.89B | $6.70B | $6.20B | $6.65B | $6.66B | $2.89B | $4.80B |
| Income Tax Expense | $792.0M | $666.0M | $1.00B | $1.13B | $605.0M | $934.0M | $348.0M | $772.0M |
| Net Income | $3.11B | $3.22B | $5.70B | $5.07B | $6.05B | $5.73B | $2.54B | $4.03B |
| Net Margin | 6.7% | 7.0% | 11.1% | 9.9% | 12.9% | 12.9% | 6.8% | 10.3% |
| EPS (Basic) | $2.10 | $2.17 | $3.76 | $3.27 | $3.83 | $3.64 | $1.63 | $2.55 |
| EPS (Diluted) | $2.10 | $2.16 | $3.73 | $3.23 | $3.75 | $3.56 | $1.60 | $2.49 |
| Shares Outstanding (Basic) | 1.48B | 1.48B | 1.52B | 1.55B | 1.58B | 1.57B | 1.56B | 1.58B |
| Shares Outstanding (Diluted) | 1.48B | 1.49B | 1.53B | 1.57B | 1.61B | 1.61B | 1.59B | 1.62B |
| Dividends Per Share | $1.63 | $1.57 | $1.45 | $1.33 | $1.19 | $1.07 | $0.96 | $0.86 |