NIKE, Inc. Income Statement

Financials in millions USD. Fiscal year is June - May.

Millions USD. Fiscal year is Jun - May.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov '25 Nov 30, 2025	May '25 May 31, 2025	May '24 May 31, 2024	May '23 May 31, 2023	May '22 May 31, 2022	May '21 May 31, 2021
Revenue	46,513	46,309	51,362	51,217	46,710	44,538
Revenue Growth (YoY)	-5.03%	-9.84%	0.28%	9.65%	4.88%	19.08%
Cost of Revenue	27,381	26,519	28,475	28,925	25,231	24,576
Gross Profit	19,132	19,790	22,887	22,292	21,479	19,962
Selling, General & Admin	16,090	16,088	16,576	16,377	14,804	13,025
Operating Income	3,042	3,702	6,311	5,915	6,675	6,937
Interest Expense	67	107	161	6	-205	-262
Other Non-Operating Income (Expense)	-26	76	228	280	181	-14
Total Non-Operating Income (Expense)	41	183	389	286	-24	-276
Pretax Income	3,083	3,885	6,700	6,201	6,651	6,661
Provision for Income Taxes	559	666	1,000	1,131	605	934
Net Income	2,524	3,219	5,700	5,070	6,046	5,727
Net Income to Common	2,524	3,219	5,700	5,070	6,046	5,727
Net Income Growth	-48.34%	-43.53%	12.43%	-16.14%	5.57%	125.56%
Shares Outstanding (Basic)	1,478	1,485	1,518	1,552	1,579	1,573
Shares Outstanding (Diluted)	1,480	1,488	1,530	1,570	1,611	1,609
Shares Change (YoY)	-1.94%	-2.75%	-2.55%	-2.54%	0.09%	1.12%
EPS (Basic)	1.71	2.17	3.76	3.27	3.83	3.64
EPS (Diluted)	1.70	2.16	3.73	3.23	3.75	3.56
EPS Growth	-47.53%	-42.09%	15.48%	-13.87%	5.34%	122.50%
Free Cash Flow	2,475	3,268	6,617	4,872	4,430	5,962
Free Cash Flow Growth	-24.27%	-50.61%	35.82%	9.98%	-25.70%	326.16%
Free Cash Flow Per Share	1.67	2.20	4.33	3.10	2.75	3.70
Dividends Per Share	1.610	1.570	1.450	1.325	1.190	1.070
Dividend Growth	2.55%	8.28%	9.43%	11.34%	11.21%	12.04%
Gross Margin	41.13%	42.73%	44.56%	43.52%	45.98%	44.82%
Operating Margin	6.54%	7.99%	12.29%	11.55%	14.29%	15.58%
Profit Margin	5.43%	6.95%	11.10%	9.90%	12.94%	12.86%
FCF Margin	5.32%	7.06%	12.88%	9.51%	9.48%	13.39%
EBITDA	3,808	4,477	7,107	6,618	7,392	7,681
EBITDA Margin	8.19%	9.67%	13.84%	12.92%	15.83%	17.25%
EBIT	3,042	3,702	6,311	5,915	6,675	6,937
EBIT Margin	6.54%	7.99%	12.29%	11.55%	14.29%	15.58%
Effective Tax Rate	18.13%	17.14%	14.93%	18.24%	9.10%	14.02%

Updated Nov 30, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.