Nike, Inc.NKEEarnings & Financial Report
Nike often refers to:Nike, Inc., a major American producer of athletic shoes, apparel, and sports equipment Nike (mythology), a Greek goddess who personifies victory
Revenue
$12.4B
Gross Profit
$5.4B
Operating Profit
$1.4B
Net Profit
$1.2B
Gross Margin
43.6%
Operating Margin
11.5%
Net Margin
9.4%
YoY Growth
-7.7%
EPS
$0.78
Nike, Inc. Q2 FY2025 Financial Summary
Nike, Inc. reported revenue of $12.4B (down 7.7% YoY) for Q2 FY2025, with a net profit of $1.2B (down 26.3% YoY) (9.4% margin). Cost of goods sold was $7.0B, operating expenses totaled $4.0B.
Key Financial Metrics
| Total Revenue | $12.4B |
|---|---|
| Net Profit | $1.2B |
| Gross Margin | 43.6% |
| Operating Margin | 11.5% |
| Report Period | Q2 FY2025 |
Revenue Breakdown
Nike, Inc. Q2 FY2025 revenue of $12.4B breaks down across 5 segments, led by Footwear at $7.7B (62.0% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Footwear | $7.7B | 62.0% |
| Apparel | $3.7B | 30.3% |
| Sporting Equipment | $544.0M | 4.4% |
| Converse Segment | $429.0M | 3.5% |
| Sales Channel Other | $13.0M | 0.1% |
Nike, Inc. Revenue by Segment — Quarterly Trend
Nike, Inc. revenue by segment across the last 4 reported quarters, showing how each business line (such as Footwear and Apparel) has evolved quarter over quarter.
| Segment | Q4 FY2026 | Q2 FY2026 | Q1 FY2026 | Q4 FY2025 |
|---|---|---|---|---|
| Footwear | — | $7.7B | — | $7.2B |
| Apparel | — | $3.9B | — | $3.0B |
| Sporting Equipment | — | $550.0M | $468.0M | $567.0M |
| Converse Segment | — | $300.0M | $264.0M | $357.0M |
| Sales Channel Other | — | $9.0M | $7.0M | $9.0M |
Nike, Inc. Annual Revenue by Year
Nike, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $46.3B).
| Year | Annual Revenue |
|---|---|
| 2025 | $46.3B |
| 2024 | $51.4B |
| 2023 | $51.2B |
| 2022 | $46.7B |
Nike, Inc. Quarterly Revenue & Net Profit History
Nike, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2026 | $11.3B | +0.1% | $520.0M | 4.6% |
| Q2 FY2026 | $12.4B | +0.6% | $792.0M | 6.4% |
| Q1 FY2026 | $11.7B | +1.1% | $727.0M | 6.2% |
| Q4 FY2025 | $11.1B | -12.0% | $211.0M | 1.9% |
| Q3 FY2025 | $11.3B | -9.3% | $794.0M | 7.0% |
| Q2 FY2025 | $12.4B | -7.7% | $1.2B | 9.4% |
| Q1 FY2025 | $11.6B | -10.4% | $1.1B | 9.1% |
| Q4 FY2024 | $12.6B | -1.7% | $1.5B | 11.9% |
Income Statement
| Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q4 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $12.61B | $11.59B | $12.35B | $11.27B | $11.10B | $11.72B | $12.43B | $11.28B |
| YoY Growth | -1.7% | -10.4% | -7.7% | -9.3% | -12.0% | 1.1% | 0.6% | 0.1% |
Balance Sheet
| Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q4 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $38.11B | $37.87B | $37.96B | $37.79B | $36.58B | $37.33B | $37.79B | $37.06B |
| Liabilities | $23.68B | $23.92B | $23.92B | $23.79B | $23.37B | N/A | N/A | $22.97B |
| Equity | $14.43B | $13.94B | $14.04B | $14.01B | $13.21B | $13.47B | $14.09B | $14.09B |
Cash Flow
| Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|
| Operating CF | $2.62B | $394.0M | $1.05B | $1.79B | $463.0M | $222.0M | $579.0M |