NIKE, Inc. logo

NIKE, Inc.

NKE

Financial Statements

Income Statement (Annual)

Amounts in millions

2025

5/31/2025

Revenue
46,309
Cost of Revenue
26,519
Gross Profit
19,790
Gross Margin
42.7%
Operating Income
3,702
Operating Margin
8.0%
Net Income
3,219
Net Margin
7.0%
EPS (Basic)
$2.17
EPS (Diluted)
$2.16
EBITDA
4,510
EBITDA Margin
9.7%

2024

5/31/2024

Revenue
51,362
Cost of Revenue
28,475
Gross Profit
22,887
Gross Margin
44.6%
Operating Income
6,311
Operating Margin
12.3%
Net Income
5,700
Net Margin
11.1%
EPS (Basic)
$3.76
EPS (Diluted)
$3.73
EBITDA
7,155
EBITDA Margin
13.9%

2023

5/31/2023

Revenue
51,217
Cost of Revenue
28,925
Gross Profit
22,292
Gross Margin
43.5%
Operating Income
5,915
Operating Margin
11.5%
Net Income
5,070
Net Margin
9.9%
EPS (Basic)
$3.27
EPS (Diluted)
$3.23
EBITDA
6,774
EBITDA Margin
13.2%

2022

5/31/2022

Revenue
46,710
Cost of Revenue
25,231
Gross Profit
21,479
Gross Margin
46.0%
Operating Income
6,675
Operating Margin
14.3%
Net Income
6,046
Net Margin
12.9%
EPS (Basic)
$3.83
EPS (Diluted)
$3.75
EBITDA
7,515
EBITDA Margin
16.1%

2021

5/31/2021

Revenue
44,538
Cost of Revenue
24,576
Gross Profit
19,962
Gross Margin
44.8%
Operating Income
6,937
Operating Margin
15.6%
Net Income
5,727
Net Margin
12.9%
EPS (Basic)
$3.64
EPS (Diluted)
$3.56
EBITDA
7,734
EBITDA Margin
17.4%