NIKE, Inc. (NKE)

Nike Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	May 31, 2025	May 31, 2024	May 31, 2023	May 31, 2022	May 31, 2021
Revenue	46,309	51,362	51,217	46,710	44,538
Revenue Growth (YoY)	-9.84%	0.28%	9.65%	4.88%	19.08%
Cost of Revenue	26,519	28,411	28,925	25,231	24,537
Gross Profit	19,790	22,951	22,292	21,479	20,001
Selling, General & Admin	16,088	16,197	16,377	14,804	12,770
Operating Expenses	16,088	16,197	16,377	14,804	12,770
Operating Income	3,702	6,754	5,915	6,675	7,231
Interest Expense	-297	-269	-291	-299	-296
Interest & Investment Income	404	430	297	94	34
Currency Exchange Gain (Loss)	147	228	366	168	19
Other Non Operating Income (Expenses)	21	-	-86	13	-33
EBT Excluding Unusual Items	3,977	7,143	6,201	6,651	6,955
Merger & Restructuring Charges	-	-443	-	-	-294
Other Unusual Items	-92	-	-	-	-
Pretax Income	3,885	6,700	6,201	6,651	6,661
Income Tax Expense	666	1,000	1,131	605	934
Net Income	3,219	5,700	5,070	6,046	5,727
Net Income to Common	3,219	5,700	5,070	6,046	5,727
Net Income Growth	-43.53%	12.43%	-16.14%	5.57%	125.56%
Shares Outstanding (Basic)	1,485	1,518	1,552	1,579	1,573
Shares Outstanding (Diluted)	1,488	1,530	1,570	1,611	1,609
Shares Change (YoY)	-2.75%	-2.55%	-2.54%	0.09%	1.12%
EPS (Basic)	2.17	3.76	3.27	3.83	3.64
EPS (Diluted)	2.16	3.73	3.23	3.75	3.56
EPS Growth	-42.09%	15.48%	-13.87%	5.34%	122.50%
Free Cash Flow	3,268	6,617	4,872	4,430	5,962
Free Cash Flow Per Share	2.20	4.33	3.10	2.75	3.70
Dividend Per Share	1.570	1.450	1.325	1.190	1.070
Dividend Growth	8.28%	9.43%	11.34%	11.21%	12.04%
Gross Margin	42.73%	44.69%	43.53%	45.98%	44.91%
Operating Margin	7.99%	13.15%	11.55%	14.29%	16.24%
Profit Margin	6.95%	11.10%	9.90%	12.94%	12.86%
Free Cash Flow Margin	7.06%	12.88%	9.51%	9.48%	13.39%
EBITDA	4,477	7,550	6,618	7,515	8,028
EBITDA Margin	9.67%	14.70%	12.92%	16.09%	18.02%
D&A For EBITDA	775	796	703	840	797
EBIT	3,702	6,754	5,915	6,675	7,231
EBIT Margin	7.99%	13.15%	11.55%	14.29%	16.23%
Effective Tax Rate	17.14%	14.92%	18.24%	9.10%	14.02%

Updated Jun 26, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q