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Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

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TTENK/calls
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Home›NKE›Financials
Annual statements · SEC XBRL · FY2016 – FY2025

NIKE, Inc. (NKE) financials

Income statement

NIKE, Inc. (NKE) income statement, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue$32.4B$34.4B$36.4B$39.1B$37.4B$44.5B$46.7B$51.2B$51.4B$46.3B
Revenue growth—6.1%6.0%7.5%-4.4%19.1%4.9%9.6%0.3%-9.8%
Gross profit$15.0B$15.3B$16.0B$17.5B$16.2B$20.0B$21.5B$22.3B$22.9B$19.8B
Gross margin46.2%44.6%43.8%44.7%43.4%44.8%46.0%43.5%44.6%42.7%
Net income$3.76B$4.24B$1.93B$4.03B$2.54B$5.73B$6.05B$5.07B$5.70B$3.22B
Net margin11.6%12.3%5.3%10.3%6.8%12.9%12.9%9.9%11.1%7.0%
EPS (diluted)$2.16$2.51$1.17$2.49$1.60$3.56$3.75$3.23$3.73$2.16

Cash flow

NIKE, Inc. (NKE) cash flow, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow$3.40B$3.85B$4.96B$5.90B$2.48B$6.66B$5.19B$5.84B$7.43B$3.70B
Capital expenditures$1.14B$1.10B$1.03B$1.12B$1.09B$695M$758M$969M$812M$430M
Free cash flow$2.26B$2.74B$3.93B$4.78B$1.40B$5.96B$4.43B$4.87B$6.62B$3.27B
Share buybacks$3.24B$3.22B$4.25B$4.29B$3.07B$608M$4.01B$5.48B$4.25B$2.98B
Dividends paid$1.02B$1.13B$1.24B$1.33B$1.45B$1.64B$1.84B$2.01B$2.17B$2.30B

Balance sheet

NIKE, Inc. (NKE) balance sheet, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$3.14B$3.81B$4.25B$4.47B$8.35B$9.89B$8.57B$7.44B$9.86B$7.46B
Total assets$21.4B$23.3B$22.5B$23.7B$31.3B$37.7B$40.3B$37.5B$38.1B$36.6B
Long-term debt$1.99B$3.47B$3.47B$3.46B$9.41B$9.41B$8.92B$8.93B$7.90B$7.96B
Shareholders' equity$12.3B$12.4B$9.81B$9.04B$8.05B$12.8B$15.3B$14.0B$14.4B$13.2B
Retained earnings$4.15B$6.91B$3.52B$1.64B-$191M$3.18B$3.48B$1.36B$965M-$727M
Shares (wtd avg diluted)1.74B1.69B1.66B1.62B1.59B1.61B1.61B1.57B1.53B1.49B

Every figure is extracted from NIKE, Inc.’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is NIKE, Inc.'s annual revenue?
NIKE, Inc. (NKE) reported $46.3B of revenue for fiscal year 2025 — down 9.8% from $51.4B in FY2024, per its annual report filed with the SEC.
Is NIKE, Inc. profitable?
Yes — NKE earned $3.22B of net income in FY2025, a 7.0% net margin, per SEC filings.
What is NIKE, Inc.'s free cash flow?
$3.27B in FY2025 (operating cash flow $3.70B minus $430M of capital expenditures), from the SEC cash-flow statement.
Does NKE pay a dividend?
Yes — NIKE, Inc. paid $2.30B in cash dividends during FY2025, per its SEC cash-flow statement.
Full NKE analysis — verdict, score & filings →Is NKE a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.