NIKE, Inc. (NKE) Income Statement
NKE FY2026 at a glance
Fiscal year ended May 31, 2026 · U.S. dollarsNKE revenue and net income
Where NKE's revenue goes
FY2026Each bar shows an amount and its share of revenue. NKE kept 6.7% of revenue as net income.
NKE profit margins
NKE growth rates
to FY2026| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +0.2% | −3.2% | +0.8% | +3.7% |
| Gross profit | +0.6% | −3.7% | −0.1% | +2.9% |
| Operating income | +2.6% | −13.7% | −11.3% | −1.7% |
| Net income | −3.4% | −15.1% | −11.5% | −1.9% |
| EPS (diluted) | −27.3% | −21.4% | −15.1% | −3.1% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
NKE quarterly EPS vs estimates
Nike beat the analyst EPS estimate in 8 of the last 8 quarters.
NKE income statement
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $46.40B | $46.31B | $51.36B | $51.22B | $46.71B | $44.54B | $37.40B | $39.12B | $36.40B | $34.35B |
| Cost of revenue | $26.49B | $26.52B | $28.48B | $28.93B | $25.23B | $24.58B | $21.16B | $21.64B | $20.44B | $19.04B |
| Gross profit | $19.91B | $19.79B | $22.89B | $22.29B | $21.48B | $19.96B | $16.24B | $17.47B | $15.96B | $15.31B |
| Sales, general & admin | $16.11B | $16.09B | $16.58B | $16.38B | $14.80B | $13.03B | $13.13B | $12.70B | $11.51B | $10.56B |
| Total operating expenses | $16.11B | $16.09B | $16.58B | $16.38B | $14.80B | $13.03B | $13.13B | $12.70B | $11.51B | $10.56B |
| Operating income | $3.80B | $3.70B | $6.31B | $5.92B | $6.67B | $6.94B | $3.12B | $4.77B | $4.45B | $4.75B |
| Interest income | — | $81.0M | $93.0M | $6.0M | $205.0M | $262.0M | $14.0M | $124.0M | $115.0M | $94.0M |
| Interest expense | $50.0M | $289.0M | $261.0M | $283.0M | $292.0M | $289.0M | $144.0M | $124.0M | $54.0M | $59.0M |
| Income before taxes | $3.90B | $3.88B | $6.70B | $6.20B | $6.65B | $6.66B | $2.89B | $4.80B | $4.33B | $4.89B |
| Income taxes | $792.0M | $666.0M | $1.00B | $1.13B | $605.0M | $934.0M | $348.0M | $772.0M | $2.39B | $646.0M |
| Net income | $3.11B | $3.22B | $5.70B | $5.07B | $6.05B | $5.73B | $2.54B | $4.03B | $1.93B | $4.24B |
| EBITDA | $4.54B | $4.98B | $7.80B | $7.34B | $7.78B | $7.73B | $4.23B | $5.49B | $5.22B | $5.46B |
| EPS (diluted) | $1.57 | $2.16 | $3.94 | $3.23 | $3.76 | $3.56 | $1.83 | $2.49 | $2.40 | $2.51 |
| Gross margin | 42.9% | 42.7% | 44.6% | 43.5% | 46.0% | 44.8% | 43.4% | 44.7% | 43.8% | 44.6% |
| Operating margin | 8.2% | 8.0% | 12.3% | 11.5% | 14.3% | 15.6% | 8.3% | 12.2% | 12.2% | 13.8% |
| Net margin | 6.7% | 7.0% | 11.1% | 9.9% | 12.9% | 12.9% | 6.8% | 10.3% | 5.3% | 12.3% |
| Aug '26 | May '26 | Feb '26 | Nov '25 | Aug '25 | May '25 | Feb '25 | Nov '24 | Aug '24 | May '24 | Feb '24 | Nov '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $11.21B | $10.97B | $11.28B | $12.43B | $11.72B | $11.10B | $11.27B | $12.35B | $11.59B | $12.61B | $12.43B | $13.39B |
| Cost of revenue | $6.42B | $5.58B | $6.75B | $7.38B | $6.78B | $6.63B | $6.59B | $6.96B | $6.33B | $6.97B | $6.87B | $7.42B |
| Gross profit | $4.80B | $5.39B | $4.53B | $5.04B | $4.94B | $4.47B | $4.67B | $5.39B | $5.26B | $5.63B | $5.56B | $5.97B |
| Sales, general & admin | $3.91B | $4.08B | $3.98B | $4.04B | $4.02B | $4.15B | $3.89B | $4.00B | $4.05B | $4.09B | $4.23B | $4.15B |
| Total operating expenses | $3.91B | $4.08B | $3.98B | $4.04B | $4.02B | $4.15B | $3.89B | $4.00B | $4.05B | $4.09B | $4.23B | $4.15B |
| Operating income | $888.0M | $1.31B | $553.0M | $1.01B | $927.0M | $321.0M | $788.0M | $1.38B | $1.21B | $1.55B | $1.34B | $1.82B |
| Interest income | — | — | $44.0M | $9.0M | $1.0M | $78.0M | $35.0M | $1.0M | — | — | — | — |
| Interest expense | $14.0M | $113.0M | $48.0M | $52.0M | $63.0M | $66.0M | $77.0M | $71.0M | $75.0M | $71.0M | $59.0M | $68.0M |
| Income before taxes | $921.0M | $1.33B | $650.0M | $999.0M | $922.0M | $318.0M | $844.0M | $1.42B | $1.31B | $1.73B | $1.40B | $1.92B |
| Income taxes | $209.0M | $260.0M | $130.0M | $207.0M | $195.0M | $107.0M | $50.0M | $253.0M | $256.0M | $226.0M | $232.0M | $344.0M |
| Net income | $712.0M | $1.07B | $520.0M | $792.0M | $727.0M | $211.0M | $794.0M | $1.16B | $1.05B | $1.50B | $1.17B | $1.58B |
| EBITDA | $1.08B | $1.51B | $738.0M | $1.23B | $1.18B | $581.0M | $1.16B | $1.67B | $1.57B | $2.00B | $1.73B | $2.17B |
| EPS (diluted) | $0.48 | $0.20 | $0.35 | $0.53 | $0.49 | $0.14 | $0.54 | $0.78 | $0.70 | $0.99 | $0.98 | $1.03 |
| Gross margin | 42.8% | 49.2% | 40.2% | 40.6% | 42.2% | 40.3% | 41.5% | 43.6% | 45.4% | 44.7% | 44.8% | 44.6% |
| Operating margin | 7.9% | 12.0% | 4.9% | 8.1% | 7.9% | 2.9% | 7.0% | 11.2% | 10.4% | 12.3% | 10.7% | 13.6% |
| Net margin | 6.3% | 9.7% | 4.6% | 6.4% | 6.2% | 1.9% | 7.0% | 9.4% | 9.1% | 11.9% | 9.4% | 11.8% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in NKE's financial statements (latest annual report filed July 15, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
NKE financial results
In fiscal year 2026 (ended May 31, 2026), Nike reported revenue of $46.4 billion, up 0.2% from the year before. It had net income of $3.1 billion (down 3.4%), a net profit margin of 6.7%. Diluted earnings per share came to $1.57. Over five years revenue grew at an average rate of 0.8% a year.
See the NKE stock overview for the latest quote and news, or the NKE chart for price history and technical indicators.
NKE income statement FAQ
What is Nike's annual revenue?
Nike reported total revenue of $46.4 billion for fiscal year 2026, which ended on May 31, 2026. That was up 0.2% from $46.3 billion the previous year.
Is Nike profitable?
Yes. Nike reported net income of $3.1 billion in fiscal 2026, a net profit margin of 6.7%; its operating margin was 8.2%.
What is Nike's gross margin?
Nike's gross margin was 42.9% in fiscal 2026: for every $100 of revenue, Nike kept $43 after the direct cost of its products and services.
How fast is Nike growing?
Revenue grew 0.8% a year on average over the last five fiscal years, from $44.5 billion to $46.4 billion.
What are Nike's earnings per share?
Nike earned $1.57 per diluted share in fiscal 2026, compared with $2.16 a year earlier.
When does Nike's fiscal year end?
Nike's fiscal year ends in May. The latest annual report covers the year ended May 31, 2026 and was filed on July 15, 2026.