NIKE, Inc. (NKE) FY2026 Annual P&L / Income Statement
2025-06-01 to 2026-05-31
Revenue by Sales Channel
2025-06-01 to 2026-05-31
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NIKE, Inc. (NKE) FY2026 Annual P&L / Income Statement
Income statement for 2025-06-01 through 2026-05-31. View: Contract with Customer, Sales Channel. Revenue uses this breakdown; costs and expenses retain the consolidated categories.
- Revenues
- 46,398,000,000 US dollars
- Cost of sales
- 26,487,000,000 US dollars
- Gross profit
- 19,911,000,000 US dollars
- Operating expenses (calculated)
- 16,114,000,000 US dollars
- Operating profit (calculated)
- 3,797,000,000 US dollars
- Other income (expense), net (calculated)
- 103,000,000 US dollars
- Income before income taxes
- 3,900,000,000 US dollars
- Income tax expense
- 792,000,000 US dollars
- NET INCOME
- 3,108,000,000 US dollars
- Sales to Wholesale Customers
- 28,058,000,000 US dollars
- Sales through Direct to Consumer
- 18,197,000,000 US dollars
- Other
- 143,000,000 US dollars
- Total selling and administrative expense
- 16,114,000,000 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.

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Gross margin
42.9%
Gross profit / revenue
Operating margin
8.2%
Operating profit / revenue
Cash conversion
92.3%
Operating cash / net income, same period
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