Gross Profit for NIKE (NKE)
According to NIKE's latest reported financial statements, the company's current gross profit (TTM) is $18.99B USD. Gross profit equals revenue minus the cost of goods sold (COGS) — what remains from sales after the direct cost of producing the product or service. It does not yet subtract operating expenses, interest, or taxes (see operating income and net income for those steps). Higher gross profit (and gross margin) generally signals pricing power and production efficiency.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
NKE
Currently viewingGross ProfitSwitch metric
TTM (last 4 quarters)
$18.99B
YoY change
-13.5%
5Y CAGR
+4.0%
Peak year (2024)
$22.89B
Cumulative gross profit
$334.02B
Gross Profit history chart for NIKE (NKE) from 1986 to 2025
Gross Profit history table for NIKE (NKE) from 1986 to 2025
| Fiscal year | Period ended | Reported | Gross Profit | YoY |
|---|---|---|---|---|
| 2025 | $19.79B | -13.5% | ||
| 2024 | $22.89B | +2.7% | ||
| 2023 | $22.29B | +3.8% | ||
| 2022 | $21.48B | +7.6% | ||
| 2021 | $19.96B | +22.9% | ||
| 2020 | $16.24B | -7.1% | ||
| 2019 | $17.47B | +9.5% | ||
| 2018 | $15.96B | +4.2% | ||
| 2017 | $15.31B | +2.3% | ||
| 2016 | $14.97B | +6.4% | ||
| 2015 | $14.07B | +13.0% | ||
| 2014 | $12.45B | +12.8% | ||
| 2013 | $11.03B | +8.7% | ||
| 2012 | $10.15B | +10.3% | ||
| 2011 | $9.20B | +4.6% | ||
| 2010 | $8.80B | +2.3% | ||
| 2009 | $8.60B | +2.6% | ||
| 2008 | $8.39B | +17.1% | ||
| 2007 | $7.16B | +8.7% | ||
| 2006 | $6.59B | +7.7% | ||
| 2005 | $6.12B | +16.4% | ||
| 2004 | $5.25B | +19.8% | ||
| 2003 | $4.38B | +12.7% | ||
| 2002 | $3.89B | +5.0% | ||
| 2001 | $3.70B | -2.9% | ||
| 2000 | $3.81B | +8.6% | ||
| 1999 | $3.51B | -5.6% | ||
| 1998 | $3.72B | -3.4% | ||
| 1997 | $3.85B | +42.9% | ||
| 1996 | $2.70B | +35.8% | ||
| 1995 | $1.99B | +27.9% | ||
| 1994 | $1.55B | -3.2% | ||
| 1993 | $1.60B | +17.6% | ||
| 1992 | $1.36B | +14.8% | ||
| 1991 | $1.19B | +36.8% | ||
| 1990 | $868.20M | +33.4% | ||
| 1989 | $650.70M | +57.2% | ||
| 1988 | $414.00M | +41.4% | ||
| 1987 | $292.80M | -17.9% | ||
| 1986 | $356.80M | — |
Gross Profit values are taken from NIKE's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
As of the 2025 fiscal year, NIKE (NKE) reported gross profit of $19.79B – declined 13.5% year-over-year.
NIKE gross profit has recorded the values shown across consecutive periods, with a +4.0% compound annual growth rate over 2020–2025 (5 years).
Between 2024 and 2025, NIKE gross profit declined 13.5%, falling from $22.89B to $19.79B.
$22.89B stands as the all-time-high annual gross profit, posted in 2024, against a low of $292.80M during 1987.
Within Consumer Cyclical, NIKE (NKE) ranks 6th among 8 peers we track. The peer median for gross profit is $40.89B.
NIKE Gross Profit by Year
NIKE Gross Profit 2025: $19.79B
NIKE gross profit in 2025 was $19.79B, declined 13.5% below 2024.
NIKE Gross Profit 2024: $22.89B
NIKE gross profit in 2024 was $22.89B, edged up 2.7% from 2023. This figure represents the highest annual value in the available history.
NIKE Gross Profit 2023: $22.29B
NIKE gross profit in 2023 was $22.29B, edged up 3.8% from 2022.
NIKE Gross Profit 2022: $21.48B
NIKE gross profit in 2022 was $21.48B, grew 7.6% from 2021.
NIKE Gross Profit 2021: $19.96B
NIKE gross profit in 2021 was $19.96B.
See more financial history for NIKE (NKE).
Sector peers — Gross Profit
Companies in the same sector as NIKE, ranked by their latest gross profit.
| Company | Gross Profit | Sector |
|---|---|---|
| Alibaba Group Holding Limited (BABA) | $398.06B | Consumer Cyclical |
| Amazon.com, Inc. (AMZN) | $360.51B | Consumer Cyclical |
| PDD Holdings Inc. (PDD) | $236.42B | Consumer Cyclical |
| The Home Depot, Inc. (HD) | $54.87B | Consumer Cyclical |
| Booking Holdings Inc. (BKNG) | $26.92B | Consumer Cyclical |
| The TJX Companies, Inc. (TJX) | $18.69B | Consumer Cyclical |
| Tesla, Inc. (TSLA) | $17.09B | Consumer Cyclical |
| McDonald's Corporation (MCD) | $15.44B | Consumer Cyclical |
Frequently asked questions
What is NIKE's gross profit?
- Latest reported gross profit for NIKE (NKE) is $18.99B (period ending February 28, 2026).
How has NIKE gross profit changed year-over-year?
- NIKE (NKE) gross profit changed -13.5% year-over-year on the latest annual filing.
What is the long-term growth rate of NIKE gross profit?
- NIKE (NKE) gross profit compound annual growth rate is +4.0% over the most recent 5 years available.
When did NIKE gross profit hit its highest annual value?
- NIKE gross profit reached its highest annual value of $22.89B in 2024.
What was NIKE gross profit in 2024?
- NIKE (NKE) gross profit in 2024 was $22.89B.
What was NIKE gross profit in 2025?
- NIKE (NKE) gross profit in 2025 was $19.79B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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