NIKE (NKE) Financial Statements & Analysis

NIKE (NKE) Income Statement

NIKE reported revenue of $46.40B in fiscal 2026 (fiscal year ended May 31, 2026), up 0.2% from $46.31B a year earlier. Net income was $3.11B, down 3.4% year over year, a net margin of 6.7%. Gross margin was 42.9% and operating margin 8.2%. In the most recent quarter, Q1 fiscal 2027 (ended Aug 31, 2026), revenue was $11.21B, down 4.3% from the same quarter a year earlier.

NIKE Income Statement Analysis

Values in billions USD

Income Statement Balance Sheet Cash Flow Ratios

Scale:

Scroll to see more

NIKE, Inc. income statement - Annual data in billions USD
Breakdown	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	May 2026	May 2025	May 2024	May 2023	May 2022	May 2021	May 2020	May 2019	May 2018	May 2017
Revenue & Gross Profit
Revenue	46.40	46.31	51.36	51.22	46.71	44.54	37.40	39.12	36.40	34.35
Cost of Revenue	26.49	26.52	28.41	28.93	25.23	24.58	21.16	21.64	20.44	19.04
Gross Profit	19.91	19.79	22.89	22.29	21.48	19.96	16.24	17.47	15.96	15.31
Operating Expenses
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	16.11	16.09	16.20	16.38	14.80	13.03	13.13	12.70	11.51	10.56
Operating Expenses	16.11	16.09	16.58	16.38	14.80	13.03	13.13	12.70	11.51	10.56
Operating Income	3.80	3.70	6.31	5.92	6.68	6.94	3.12	4.77	4.45	4.75
Other Income/Expense
Interest Income	0.00	0.40	0.43	0.30	0.09	0.03	0.06	0.08	0.07	0.03
Interest Expense	0.05	0.29	-0.27	-0.29	-0.30	0.29	0.14	0.12	0.12	0.08
Other Income/Expense	0.10	0.18	0.39	0.28	-0.02	-0.28	-0.23	0.03	-0.12	0.14
Income
Income Before Tax	3.90	3.89	6.70	6.20	6.65	6.66	2.89	4.80	4.33	4.89
Income Tax Expense	0.79	0.67	1.00	1.13	0.61	0.93	0.35	0.77	2.39	0.65
Net Income	3.11	3.22	5.70	5.07	6.05	5.73	2.54	4.03	1.93	4.24
Net Income - Continuous Operations	3.11	3.22	5.70	5.07	6.05	5.73	2.54	4.03	1.93	4.24
Net Income - Discontinued Operations	-	-	-	-	-	-	-	-	-	-
EBITDA	4.59	4.98	7.55	6.77	7.52	7.73	4.23	5.49	5.22	5.47
EBIT	3.80	3.70	6.75	5.92	6.68	6.94	-	-	-	-
Depreciation & Amortization	0.80	0.81	0.80	0.86	0.84	0.80	1.12	0.72	0.77	0.72
Earnings Per Share
Basic EPS	2.00	2.00	4.00	3.00	4.00	4.00	2.00	3.00	1.00	3.00
Diluted EPS	2.00	2.00	4.00	3.00	4.00	4.00	2.00	2.00	1.00	3.00
Basic Shares Outstanding	1.48	1.48	1.52	1.55	1.58	1.57	1.56	1.58	1.62	1.66
Diluted Shares Outstanding	1.48	1.49	1.53	1.57	1.61	1.61	1.59	1.62	1.66	1.69

Source: Company financial statements from annual and quarterly filings. Data as of Aug 31, 2026. Data sources and methodology

Frequently Asked Questions About NIKE Financial Statements

What was NIKE's revenue in fiscal 2026?

NIKE reported revenue of $46.40B in fiscal 2026 (fiscal year ended May 31, 2026). That was up 0.2% from $46.31B a year earlier.

Is NIKE profitable?

Yes. NIKE earned net income of $3.11B in fiscal 2026, a net margin of 6.7%. In fiscal 2025 it earned $3.22B.

What is NIKE's operating margin?

NIKE's operating income was $3.80B on revenue of $46.40B in fiscal 2026, an operating margin of 8.2%, compared with 8.0% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition