NIKE's Income Statement Analysis: Revenue to Profit Breakdown
NIKE's Income Statement Analysis: Revenue to Profit Breakdown
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FY21
May 31, 2021
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FY22
May 31, 2022
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FY23
May 31, 2023
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FY24
May 31, 2024
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FY25
May 31, 2025
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TTM
Trailing 12M
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Revenue
Total sales generated. |
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$44.54 B | $46.71 B | $51.22 B | $51.36 B | $46.31 B | $46.52 B |
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Cost of Revenue Direct cost of goods/services. |
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$24.58 B | $25.23 B | $28.93 B | $28.48 B | $26.52 B | $27.54 B |
Gross Profit Revenue minus cost of revenue. |
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$19.96 B | $21.48 B | $22.29 B | $22.89 B | $19.79 B | $18.99 B |
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Operating Expense
Costs to run business. |
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$13.03 B | $14.80 B | $16.38 B | $16.58 B | $16.09 B | $16.18 B |
Research and Development Investment in innovation. |
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- | - | - | - | - | - |
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Sales, General and Administrative
Selling and admin costs. |
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$13.03 B | $14.80 B | $16.38 B | $16.58 B | $16.09 B | $16.18 B |
General and Administrative Corporate overhead costs. |
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$9.91 B | $10.95 B | $12.32 B | $12.29 B | $11.40 B | $11.38 B |
Sales and Marketing Customer acquisition costs. |
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$3.11 B | $3.85 B | $4.06 B | $4.29 B | $4.69 B | $4.80 B |
Other Expenses Other operating costs. |
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- | - | - | - | - | - |
Operating Income Profit from operations. |
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$6.94 B | $6.68 B | $5.92 B | $6.31 B | $3.70 B | $2.81 B |
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Net Interest Income
Interest income minus expense. |
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-$255.00 M | -$198.00 M | $14.00 M | $169.00 M | $115.00 M | $71.00 M |
Interest Income Income from investments. |
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$34.00 M | $94.00 M | $297.00 M | $430.00 M | $404.00 M | $300.00 M |
Interest Expense Cost of borrowing. |
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$289.00 M | $292.00 M | $283.00 M | $261.00 M | $289.00 M | $229.00 M |
Non-Operating Income (ex-Int) Income outside core operations. |
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- | - | - | - | - | $51.00 M |
Total Other Income (Net) Net non-operating items. |
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-$276.00 M | -$24.00 M | $286.00 M | $389.00 M | $183.00 M | $82.00 M |
Income Before Tax Profit before taxes. |
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$6.66 B | $6.65 B | $6.20 B | $6.70 B | $3.89 B | $2.89 B |
Income Tax Expense Taxes on income. |
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$934.00 M | $605.00 M | $1.13 B | $1.00 B | $666.00 M | $639.00 M |
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Net Income
Final profit. |
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$5.73 B | $6.05 B | $5.07 B | $5.70 B | $3.22 B | $2.25 B |
Net Income From Continuing Operations Profit from core business. |
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$5.73 B | $6.05 B | $5.07 B | $5.70 B | $3.22 B | $2.25 B |
Net Income From Discontinued Operations Profit/loss from sold units. |
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- | - | - | - | - | - |
Other Adjustments to Net Income Additional accounting adjustments. |
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- | - | - | - | - | - |
Net Income Deductions Reductions from net income. |
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- | - | - | - | - | - |
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Earnings Per Share
Company profit allocated to each outstanding share. |
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EPS Earnings per share. Formula: Net Income ÷ Shares |
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$3.64 | $3.83 | $3.27 | $3.76 | $2.17 | $1.52 |
Diluted EPS EPS including dilution. Formula: Net Income ÷ Diluted Shares |
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$3.56 | $3.75 | $3.23 | $3.73 | $2.16 | $1.52 |
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Shares for EPS
Number of shares used to calculate EPS. |
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Weighted Average Shares Outst. Avg shares used for EPS. |
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1.57 B | 1.58 B | 1.55 B | 1.52 B | 1.48 B | 1.48 B |
Diluted Average Shares Outst. Shares including dilution. |
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1.61 B | 1.61 B | 1.57 B | 1.53 B | 1.49 B | 1.48 B |
| Supplemental Items | |||||||
EBIT Earnings before interest and tax. |
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$6.94 B | $6.68 B | $5.92 B | $6.31 B | $3.70 B | $2.76 B |
EBITDA Earnings before interest, tax, D&A. |
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$7.73 B | $7.52 B | $6.77 B | $7.16 B | $4.51 B | $3.33 B |
Depreciation and Amortization Non-cash expense for assets. |
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$797.00 M | $840.00 M | $859.00 M | $844.00 M | $808.00 M | $575.00 M |
| Company Report |
NIKE's Assets vs Liabilities & Equity
NIKE's Assets vs Liabilities & Equity
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