NIKE, Inc. (NKE) FY2025 Annual P&L / Income Statement
2024-06-01 to 2025-05-31
Revenue by Business Segment
2024-06-01 to 2025-05-31
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NIKE, Inc. (NKE) FY2025 Annual P&L / Income Statement
Income statement for 2024-06-01 through 2025-05-31. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.
- Revenues
- 46,309,000,000 US dollars
- Cost of sales
- 26,519,000,000 US dollars
- Gross profit
- 19,790,000,000 US dollars
- Operating expenses (calculated)
- 16,088,000,000 US dollars
- Operating profit (calculated)
- 3,702,000,000 US dollars
- Other income (expense), net (calculated)
- 183,000,000 US dollars
- Income before income taxes
- 3,885,000,000 US dollars
- Income tax expense
- 666,000,000 US dollars
- NET INCOME
- 3,219,000,000 US dollars
- NIKE Brand
- 44,714,000,000 US dollars
- Converse Segment
- 1,692,000,000 US dollars
- Total selling and administrative expense
- 16,088,000,000 US dollars
- Revenue before reconciliation (calculated)
- 46,406,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.
- Segment Reporting, Reconciling Item, Corporate Nonsegment
- negative 97,000,000 US dollars. Reported reconciliation to consolidated revenue.
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.
- Reported revenue categories plus the separately reported signed reconciliation equals consolidated revenue.

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Gross margin
42.7%
Gross profit / revenue
Operating margin
8.0%
Operating profit / revenue
Cash conversion
114.9%
Operating cash / net income, same period
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