← NIKE, Inc.

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 TTM
Total Revenue $32.4b
$34.4b +6.10%
$36.4b +5.96%
$39.1b +7.47%
$37.4b -4.38%
$44.5b +19.08%
$46.7b +4.88%
$51.2b +9.65%
$51.4b +0.28%
$46.3b -9.84%
$46.4b +0.19%
Cost of Revenue $17.4b
$19.0b +9.38%
$20.4b +7.37%
$21.6b +5.88%
$21.2b -2.22%
$24.6b +16.13%
$25.2b +2.67%
$28.9b +14.64%
$28.5b -1.56%
$26.5b -6.87%
$26.5b -0.12%
Cost of sales $17.4b
$19.0b +9.38%
$20.4b +7.37%
$21.6b +5.88%
$21.2b -2.22%
$24.6b +16.13%
$25.2b +2.67%
$28.9b +14.64%
$28.5b -1.56%
$26.5b -6.87%
$26.5b -0.12%
Gross Profit $15.0b
$15.3b +2.28%
$16.0b +4.21%
$17.5b +9.51%
$16.2b -7.06%
$20.0b +22.91%
$21.5b +7.60%
$22.3b +3.79%
$22.9b +2.67%
$19.8b -13.53%
$19.9b +0.61%
Marketing and Advertising Expense $3.3b $3.3b $3.6b $3.8b $3.6b $3.1b $3.9b $4.1b $4.3b $4.7b —
Selling, General and Administrative Expense $10.5b $10.6b $11.5b $12.7b $13.1b $13.0b $14.8b $16.4b $16.6b $16.1b $16.1b
Interest expense (income), net $19.0m $59.0m $54.0m $49.0m $89.0m $262.0m $205.0m ($6.0m) ($161.0m) ($107.0m) —
Investment Income, Interest — — — — — — — — $430.0m $404.0m —
Other Nonoperating Income (Expense) $140.0m $196.0m ($66.0m) $78.0m ($139.0m) ($14.0m) $181.0m $280.0m $228.0m $76.0m —
Interest Income (Expense), Nonoperating, Net ($19.0m) ($59.0m) ($54.0m) ($49.0m) ($89.0m) ($262.0m) ($205.0m) $6.0m $161.0m $107.0m —
Income (Loss) from Continuing Operations before Income Taxes, Domestic $956.0m $1.2b $744.0m $593.0m $3.0b $5.7b $6.0b $4.7b $5.6b $3.2b $3.9b
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $4.6b $4.9b $4.3b $4.8b $2.9b $6.7b $6.7b $6.2b $6.7b $3.9b $3.9b
Current Income Tax Expense (Benefit) $943.0m $919.0m $1.7b $738.0m $728.0m $1.3b $1.3b $1.2b $1.5b $954.0m $792.0m
Income Tax Expense (Benefit) $863.0m $646.0m $2.4b $772.0m $348.0m $934.0m $605.0m $1.1b $1.0b $666.0m $792.0m
Net Income (Loss) Attributable to Parent $3.8b
$4.2b +12.77%
$1.9b -54.41%
$4.0b +108.43%
$2.5b -36.98%
$5.7b +125.56%
$6.0b +5.57%
$5.1b -16.14%
$5.7b +12.43%
$3.2b -43.53%
$3.1b -3.45%
Earnings Per Share, Basic $2.21 $2.56 $1.19 $2.55 $1.63 $3.64 $3.83 $3.27 $3.76 $2.17 $2.10
Earnings Per Share, Diluted $2.16 $2.51 $1.17 $2.49 $1.60 $3.56 $3.75 $3.23 $3.73 $2.16 $2.10
Common Stock, Dividends, Per Share, Declared $0.62 $0.70 $0.78 $0.86 $0.95 $1.07 $1.19 $1.32 $1.45 $1.57 —
Preferred Stock, Dividends Per Share, Declared $0.62 $0.10 $0.10 $0.10 $0.10 $0.10 $0.10 $0.10 $0.10 $0.10 —
Basic (in shares) 1.7b $1.7b $1.6b $1.6b $1.6b $1.6b $1.6b $1.6b $1.5b $1.5b $1.5b
Diluted (in shares) 1.7b $1.7b $1.7b $1.6b $1.6b $1.6b $1.6b $1.6b $1.5b $1.5b $1.5b
Weighted Average Number of Shares Outstanding, Basic 1.7b 1.7b 1.6b 1.6b 1.6b 1.6b 1.6b 1.6b 1.5b 1.5b 1.5b
Weighted Average Number of Shares Outstanding, Diluted 1.7b 1.7b 1.7b 1.6b 1.6b 1.6b 1.6b 1.6b 1.5b 1.5b 1.5b
Additional Financial Items
Demand creation expense $3.3b $3.3b $3.6b $3.8b $3.6b $3.1b $3.9b $4.1b $4.3b $4.7b —
Goodwill, Impairment Loss — — — — — — — — — $0 —
Operating overhead expense $7.2b $7.2b $7.9b $8.9b $9.5b $9.9b $11.0b $12.3b $12.3b $11.4b —
Other (income) expense, net ($140.0m) ($196.0m) $66.0m ($78.0m) $139.0m $14.0m ($181.0m) ($280.0m) ($228.0m) ($76.0m) $53.0m

Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.