NIKE, Inc. (NKE) FY2026 Q1 P&L / Income Statement

Revenue by Sales Channel

2025-06-01 to 2025-08-31

Swipe to see the full flow
NIKE, Inc. (NKE) FY2026 Q1 P&L / Income StatementIncome statement for 2025-06-01 through 2025-08-31. View: Contract with Customer, Sales Channel. Revenue uses this breakdown; costs and expenses retain the consolidated categories.SOURCESREVENUEGROSSOPERATINGPRE-TAXNETSales to Wholesale CustomersSales through Direct to ConsumerOtherRevenuesGross profitCost of salesOperating profit (calculated)Operating expenses (calculated)Total selling and administrative expenseIncome before income taxesOther income (expense), net (calculated)NET INCOMEIncome tax expenseOperating profit (calculated)Operating profit(calculated)$927.00 MRevenuesRevenues$11.72 BGross profitGross profit$4.94 BIncome before income taxesPretax income$922.00 MNET INCOMENET INCOME$727.00 MOperating expenses (calculated)Operating expenses(calculated)$4.02 BSales to Wholesale CustomersSales to Wholesale Customers$7.03 BIncome tax expenseIncome tax expense$195.00 MOther income (expense), net (calculated)Other income,net (calculated)−$5.00 MTotal selling and administrative expenseTotal selling andadministrative expense$4.02 BCost of salesCost of sales$6.78 BSales through Direct to ConsumerSales through Direct to Consumer$4.66 BOtherOther$27.00 M
Chart details

NIKE, Inc. (NKE) FY2026 Q1 P&L / Income Statement

Income statement for 2025-06-01 through 2025-08-31. View: Contract with Customer, Sales Channel. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Revenues
11,720,000,000 US dollars
Cost of sales
6,777,000,000 US dollars
Gross profit
4,943,000,000 US dollars
Operating expenses (calculated)
4,016,000,000 US dollars
Operating profit (calculated)
927,000,000 US dollars
Other income (expense), net (calculated)
negative 5,000,000 US dollars
Income before income taxes
922,000,000 US dollars
Income tax expense
195,000,000 US dollars
NET INCOME
727,000,000 US dollars
Sales to Wholesale Customers
7,034,000,000 US dollars
Sales through Direct to Consumer
4,659,000,000 US dollars
Other
27,000,000 US dollars
Total selling and administrative expense
4,016,000,000 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.
NIKE, Inc. (NKE) FY2026 Q1 Revenue by Sales Channel Sankey chart
Free to share unchanged, with credit to Plicit.ai · CC BY-NC-ND 4.0Download PNG

Gross margin

42.2%

Gross profit / revenue

Operating margin

7.9%

Operating profit / revenue

Cash conversion

30.5%

Operating cash / net income, same period

Newsletter

Get the teardowns by email

Subscribe if you want the public-company teardowns in your inbox when they're released.

Product waitlist

Health Check and Teardown for your own company

A health check uncovers insights of your private books, not a public ticker. Join this list to get notified as soon as we go-live!