NIKE, Inc. (NKE) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Sales/Revenue | 11.28B | 12.43B | 11.72B | 11.1B | 11.27B | 12.35B | 11.59B | 12.61B | 12.43B | 13.39B | 12.94B | 12.82B | 12.39B | 13.31B | 12.69B | 12.23B | 10.87B | 11.36B | 12.25B | 12.34B |
| Revenue Growth % | 0.09% | 0.59% | 1.13% | -11.97% | -9.33% | -7.72% | -10.43% | -1.71% | 0.31% | 0.55% | 1.99% | 4.83% | 13.97% | 17.24% | 3.58% | -0.89% | 4.96% | 1.01% | 15.61% | 95.53% |
| Cost of Goods Sold | 6.75B | 7.38B | 6.78B | 6.63B | 6.59B | 6.96B | 6.33B | 6.97B | 6.87B | 7.42B | 7.22B | 7.23B | 7.02B | 7.6B | 7.07B | 6.73B | 5.8B | 6.14B | 6.55B | 6.69B |
| COGS % of Revenue | 59.84% | 59.4% | 57.82% | 59.73% | 58.51% | 56.38% | 54.64% | 55.31% | 55.25% | 55.4% | 55.79% | 56.37% | 56.65% | 57.11% | 55.74% | 55.02% | 53.39% | 54.1% | 53.49% | 54.19% |
| Gross Profit | 4.53B | 5.04B | 4.94B | 4.47B | 4.67B | 5.39B | 5.26B | 5.63B | 5.56B | 5.97B | 5.72B | 5.59B | 5.37B | 5.71B | 5.62B | 5.5B | 5.07B | 5.21B | 5.7B | 5.66B |
| Gross Margin % | 40.16% | 40.6% | 42.18% | 40.27% | 41.49% | 43.62% | 45.36% | 44.69% | 44.75% | 44.6% | 44.21% | 43.63% | 43.35% | 42.89% | 44.26% | 44.98% | 46.61% | 45.9% | 46.51% | 45.81% |
| Gross Profit Growth % | -3.1% | -6.38% | -5.97% | -20.68% | -15.95% | -9.75% | -8.09% | 0.7% | 3.56% | 4.55% | 1.87% | 1.67% | 6% | 9.55% | -1.42% | -2.69% | 7.37% | 7.55% | 20.14% | 140.33% |
| Operating Expenses | 3.98B | 4.04B | 4.02B | 4.15B | 3.89B | 4B | 4.05B | 4.09B | 4.23B | 4.15B | 4.12B | 4.37B | 3.96B | 4.12B | 3.92B | 4.04B | 3.44B | 3.76B | 3.57B | 3.74B |
| OpEx % of Revenue | 35.26% | 32.5% | 34.27% | 37.38% | 34.49% | 32.42% | 34.93% | 32.43% | 34% | 30.97% | 31.81% | 34.11% | 31.95% | 30.97% | 30.9% | 32.98% | 31.63% | 33.1% | 29.16% | 30.31% |
| Selling, General & Admin | 3.98B | 4.04B | 4.02B | 4.15B | 3.89B | 4B | 4.05B | 4.09B | 4.23B | 4.15B | 4.12B | 4.37B | 3.96B | 4.12B | 3.92B | 4.04B | 3.44B | 3.76B | 3.57B | 3.74B |
| SG&A % of Revenue | 35.26% | 32.5% | 34.27% | 37.38% | 34.49% | 32.42% | 34.93% | 32.43% | 34% | 30.97% | 31.81% | 34.11% | 31.95% | 30.97% | 30.9% | 32.98% | 31.63% | 33.1% | 29.16% | 30.31% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 553M | 1.01B | 927M | 321M | 788M | 1.38B | 1.21B | 1.55B | 1.34B | 1.82B | 1.6B | 1.22B | 1.41B | 1.59B | 1.7B | 1.47B | 1.63B | 1.45B | 2.12B | 1.91B |
| Operating Margin % | 4.9% | 8.1% | 7.91% | 2.89% | 6.99% | 11.2% | 10.43% | 12.26% | 10.75% | 13.63% | 12.4% | 9.52% | 11.4% | 11.92% | 13.36% | 12% | 14.98% | 12.8% | 17.34% | 15.5% |
| Operating Income Growth % | -29.82% | -27.31% | -23.33% | -79.24% | -41.02% | -24.16% | -24.63% | 26.62% | -5.38% | 15% | -5.37% | -16.83% | -13.32% | 9.15% | -20.2% | -23.26% | -2.92% | -7.97% | 20.27% | 328.28% |
| EBITDA | 729M | 1.19B | 1.13B | 518M | 1.03B | 1.57B | 1.39B | 1.75B | 1.61B | 2.01B | 1.79B | 1.46B | 1.56B | 1.91B | 1.85B | 1.76B | 1.81B | 1.65B | 2.29B | 2.13B |
| EBITDA Margin % | 6.46% | 9.54% | 9.6% | 4.67% | 9.14% | 12.7% | 12.02% | 13.88% | 12.92% | 15.01% | 13.83% | 11.36% | 12.56% | 14.31% | 14.62% | 14.42% | 16.67% | 14.5% | 18.71% | 17.29% |
| EBITDA Growth % | -29.22% | -24.41% | -19.24% | -70.4% | -35.87% | -21.9% | -22.18% | 20.11% | 3.21% | 5.4% | -3.5% | -17.4% | -14.13% | 15.73% | -19.07% | -17.34% | 1.23% | -9.85% | 15.58% | 446.99% |
| D&A (Non-Cash Add-back) | 176M | 180M | 198M | 197M | 242M | 185M | 184M | 204M | 270M | 184M | 186M | 236M | 144M | 319M | 160M | 296M | 183M | 193M | 168M | 221M |
| EBIT | 502M | 1.05B | 985M | 384M | 921M | 1.49B | 1.38B | 1.8B | 1.46B | 1.99B | 1.71B | 1.32B | 1.55B | 1.71B | 1.9B | 1.45B | 1.74B | 1.57B | 2.18B | 1.91B |
| Net Interest Income | 17M | 10M | 20M | 24M | 20M | 26M | 45M | 55M | 54M | 24M | 36M | 30M | 9M | -14M | -11M | -38M | -51M | -54M | -57M | -61M |
| Interest Income | 65M | 62M | 83M | 90M | 97M | 97M | 120M | 126M | 113M | 92M | 99M | 101M | 83M | 49M | 65M | 37M | 22M | 18M | 17M | 13M |
| Interest Expense | 48M | 52M | 63M | 66M | 77M | 71M | 75M | 71M | 59M | 68M | 63M | 71M | 74M | 63M | 76M | 75M | 73M | 72M | 74M | 74M |
| Other Income/Expense | 97M | -7M | -5M | -3M | 56M | 32M | 98M | 180M | 68M | 97M | 44M | 25M | 65M | 63M | 133M | -94M | 41M | 47M | -18M | -59M |
| Pretax Income | 650M | 999M | 922M | 318M | 844M | 1.42B | 1.31B | 1.73B | 1.4B | 1.92B | 1.65B | 1.25B | 1.48B | 1.65B | 1.83B | 1.37B | 1.67B | 1.5B | 2.11B | 1.85B |
| Pretax Margin % | 5.76% | 8.04% | 7.87% | 2.87% | 7.49% | 11.46% | 11.28% | 13.69% | 11.3% | 14.36% | 12.74% | 9.72% | 11.92% | 12.39% | 14.41% | 11.23% | 15.36% | 13.22% | 17.19% | 15.02% |
| Income Tax | 130M | 207M | 195M | 107M | 50M | 253M | 256M | 226M | 232M | 344M | 198M | 215M | 237M | 319M | 360M | -65M | 274M | 164M | 232M | 345M |
| Effective Tax Rate % | 20% | 20.72% | 21.15% | 33.65% | 5.92% | 17.87% | 19.59% | 13.09% | 16.52% | 17.9% | 12.01% | 17.26% | 16.05% | 19.33% | 19.69% | -4.73% | 16.41% | 10.93% | 11.02% | 18.61% |
| Net Income | 520M | 792M | 727M | 211M | 794M | 1.16B | 1.05B | 1.5B | 1.17B | 1.58B | 1.45B | 1.03B | 1.24B | 1.33B | 1.47B | 1.44B | 1.4B | 1.34B | 1.87B | 1.51B |
| Net Margin % | 4.61% | 6.37% | 6.2% | 1.9% | 7.05% | 9.41% | 9.07% | 11.9% | 9.43% | 11.79% | 11.21% | 8.04% | 10.01% | 10% | 11.57% | 11.76% | 12.84% | 11.77% | 15.3% | 12.22% |
| Net Income Growth % | -34.51% | -31.9% | -30.83% | -85.93% | -32.25% | -26.3% | -27.52% | 45.49% | -5.48% | 18.56% | -1.23% | -28.35% | -11.17% | -0.45% | -21.66% | -4.64% | -3.66% | 6.87% | 23.45% | 291.01% |
| Net Income (Continuing) | 520M | 792M | 727M | 211M | 794M | 1.16B | 1.05B | 1.5B | 1.17B | 1.58B | 1.45B | 1.03B | 1.24B | 1.33B | 1.47B | 1.44B | 1.4B | 1.34B | 1.87B | 1.51B |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.35 | 0.54 | 0.49 | 0.14 | 0.54 | 0.78 | 0.70 | 0.99 | 0.77 | 1.03 | 0.94 | 0.66 | 0.79 | 0.85 | 0.93 | 0.90 | 0.87 | 0.83 | 1.16 | 0.93 |
| EPS Growth % | -35.19% | -30.77% | -30% | -85.86% | -29.87% | -24.27% | -25.53% | 50% | -2.53% | 21.18% | 1.08% | -26.67% | -9.2% | 2.41% | -19.83% | -3.23% | -3.33% | 6.41% | 22.11% | 282.35% |
| EPS (Basic) | 0.35 | 0.54 | 0.49 | 0.14 | 0.54 | 0.78 | 0.70 | 0.99 | 0.77 | 1.04 | 0.95 | 0.67 | 0.80 | 0.85 | 0.94 | 0.92 | 0.88 | 0.84 | 1.18 | 0.96 |
| Diluted Shares Outstanding | 1.48B | 1.48B | 1.48B | 1.48B | 1.49B | 1.49B | 1.5B | 1.52B | 1.53B | 1.53B | 1.54B | 1.56B | 1.56B | 1.57B | 1.59B | 1.59B | 1.61B | 1.62B | 1.62B | 1.61B |
| Basic Shares Outstanding | 1.48B | 1.48B | 1.48B | 1.48B | 1.49B | 1.49B | 1.5B | 1.52B | 1.52B | 1.53B | 1.54B | 1.54B | 1.54B | 1.57B | 1.57B | 1.57B | 1.58B | 1.58B | 1.58B | 1.58B |
| Dividend Payout Ratio | 117.12% | 75.51% | 81.29% | 280.09% | 74.81% | 47.89% | 53.09% | 37.33% | 47.95% | 33.14% | 36.14% | 50.82% | 42.58% | 36.06% | 32.7% | 33.43% | 34.6% | 32.76% | 23.21% | 28.83% |