NIKE, Inc. (NKE) FY2024 Annual P&L / Income Statement

NIKE, Inc. (NKE) FY2024 Annual P&L / Income Statement

Income statement for 2023-06-01 through 2024-05-31. View: Product and service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Revenues

51,362,000,000 US dollars

Cost of sales

28,475,000,000 US dollars

Gross profit

22,887,000,000 US dollars

Operating expenses (calculated)

16,576,000,000 US dollars

Operating profit (calculated)

6,311,000,000 US dollars

Other income (expense), net (calculated)

389,000,000 US dollars

Income before income taxes

6,700,000,000 US dollars

Income tax expense

1,000,000,000 US dollars

NET INCOME

5,700,000,000 US dollars

Footwear

35,227,000,000 US dollars

Apparel

13,868,000,000 US dollars

Equipment

2,112,000,000 US dollars

Other

155,000,000 US dollars

Total selling and administrative expense

16,576,000,000 US dollars

Chart connections

• Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
• Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.