# NIKE, Inc. (NKE) FY2025 Q1 P&L / Income Statement

- Company: NIKE, Inc. (NKE)
- Period: 2024-06-01 to 2024-08-31
- Filing: Q1 FY2025 10-Q, filed 2024-10-07, accession number 0000320187-24-000065
- Page: https://plicit.ai/financials/nke/fy2025-q1-income-statement
- Chart image: https://plicit.ai/charts/nke-fy2025-q1-income-statement-sankey.png

## Chart details: Revenue by Product and Service

Income statement for 2024-06-01 through 2024-08-31. View: Product and service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Revenues**: 11,589,000,000 US dollars
- **Cost of sales**: 6,332,000,000 US dollars
- **Gross profit**: 5,257,000,000 US dollars
- **Operating expenses (calculated)**: 4,048,000,000 US dollars
- **Operating profit (calculated)**: 1,209,000,000 US dollars
- **Other income (expense), net (calculated)**: 98,000,000 US dollars
- **Income before income taxes**: 1,307,000,000 US dollars
- **Income tax expense**: 256,000,000 US dollars
- **NET INCOME**: 1,051,000,000 US dollars
- **Footwear**: 7,898,000,000 US dollars
- **Apparel**: 3,049,000,000 US dollars
- **Equipment**: 615,000,000 US dollars
- **Other**: 27,000,000 US dollars
- **Total selling and administrative expense**: 4,048,000,000 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.

## Chart details: Revenue by Business Segment

- Page: https://plicit.ai/financials/nke/fy2025-q1-income-statement/revenue-by-business-segment
- Chart image: https://plicit.ai/charts/nke-fy2025-q1-revenue-by-business-segment-sankey.png

Income statement for 2024-06-01 through 2024-08-31. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Revenues**: 11,589,000,000 US dollars
- **Cost of sales**: 6,332,000,000 US dollars
- **Gross profit**: 5,257,000,000 US dollars
- **Operating expenses (calculated)**: 4,048,000,000 US dollars
- **Operating profit (calculated)**: 1,209,000,000 US dollars
- **Other income (expense), net (calculated)**: 98,000,000 US dollars
- **Income before income taxes**: 1,307,000,000 US dollars
- **Income tax expense**: 256,000,000 US dollars
- **NET INCOME**: 1,051,000,000 US dollars
- **NIKE Brand**: 11,111,000,000 US dollars
- **Converse Segment**: 501,000,000 US dollars
- **Total selling and administrative expense**: 4,048,000,000 US dollars
- **Revenue before reconciliation (calculated)**: 11,612,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.
- **Corporate**: negative 23,000,000 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.

## Chart details: Revenue by Sales Channel

- Page: https://plicit.ai/financials/nke/fy2025-q1-income-statement/revenue-by-sales-channel
- Chart image: https://plicit.ai/charts/nke-fy2025-q1-revenue-by-sales-channel-sankey.png

Income statement for 2024-06-01 through 2024-08-31. View: Contract with Customer, Sales Channel. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Revenues**: 11,589,000,000 US dollars
- **Cost of sales**: 6,332,000,000 US dollars
- **Gross profit**: 5,257,000,000 US dollars
- **Operating expenses (calculated)**: 4,048,000,000 US dollars
- **Operating profit (calculated)**: 1,209,000,000 US dollars
- **Other income (expense), net (calculated)**: 98,000,000 US dollars
- **Income before income taxes**: 1,307,000,000 US dollars
- **Income tax expense**: 256,000,000 US dollars
- **NET INCOME**: 1,051,000,000 US dollars
- **Sales to Wholesale Customers**: 6,685,000,000 US dollars
- **Sales through Direct to Consumer**: 4,877,000,000 US dollars
- **Other**: 27,000,000 US dollars
- **Total selling and administrative expense**: 4,048,000,000 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.