Operating Income for NIKE (NKE)
According to NIKE's latest reported financial statements, the company's current operating income (TTM) is $2.81B USD. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

NKE
Currently viewingOperating IncomeSwitch metric
TTM (last 4 quarters)
$2.81B
YoY change
-41.3%
5Y CAGR
+3.5%
Peak year (2021)
$6.94B
Cumulative operating income
$95.44B
Operating Income history chart for NIKE (NKE) from 1986 to 2025
Operating Income history table for NIKE (NKE) from 1986 to 2025
| Fiscal year | Period ended | Reported | Operating Income | YoY |
|---|---|---|---|---|
| 2025 | $3.70B | -41.3% | ||
| 2024 | $6.31B | +6.7% | ||
| 2023 | $5.92B | -11.4% | ||
| 2022 | $6.67B | -3.8% | ||
| 2021 | $6.94B | +122.7% | ||
| 2020 | $3.12B | -34.7% | ||
| 2019 | $4.77B | +7.4% | ||
| 2018 | $4.45B | -6.4% | ||
| 2017 | $4.75B | +5.5% | ||
| 2016 | $4.50B | +7.8% | ||
| 2015 | $4.17B | +13.5% | ||
| 2014 | $3.68B | +13.7% | ||
| 2013 | $3.24B | +5.5% | ||
| 2012 | $3.07B | +8.0% | ||
| 2011 | $2.84B | +14.8% | ||
| 2010 | $2.47B | +0.8% | ||
| 2009 | $2.45B | +0.9% | ||
| 2008 | $2.43B | +14.2% | ||
| 2007 | $2.13B | +1.1% | ||
| 2006 | $2.11B | +11.4% | ||
| 2005 | $1.89B | +22.2% | ||
| 2004 | $1.55B | +26.1% | ||
| 2003 | $1.23B | +16.8% | ||
| 2002 | $1.05B | +3.8% | ||
| 2001 | $1.01B | +3.0% | ||
| 2000 | $984.90M | +15.0% | ||
| 1999 | $856.80M | -0.8% | ||
| 1998 | $863.80M | -37.4% | ||
| 1997 | $1.38B | +41.5% | ||
| 1996 | $975.30M | +42.2% | ||
| 1995 | $685.70M | +33.4% | ||
| 1994 | $514.20M | -17.3% | ||
| 1993 | $621.70M | +12.1% | ||
| 1992 | $554.60M | +13.4% | ||
| 1991 | $488.90M | +23.3% | ||
| 1990 | $396.60M | +41.1% | ||
| 1989 | $281.10M | +83.2% | ||
| 1988 | $153.40M | +101.8% | ||
| 1987 | $76.00M | -44.6% | ||
| 1986 | $137.10M | — |
Operating Income 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
The 2025 reading of NIKE (NKE) operating income is $3.70B – plunged 41.3% year-over-year.
NIKE operating income has recorded the values shown across consecutive periods, with a +3.5% compound annual growth rate over 2020–2025 (5 years).
Between 2021 and 2025, NIKE operating income plunged 46.6%, falling from $6.94B to $3.70B.
Across the available history, operating income reached its high of $6.94B in 2021 and its low of $76.00M in 1987.
NIKE (NKE) sits 9th of 8 Consumer Cyclical peers we track on this metric, against a peer median of $16.64B.
NIKE Operating Income by Year
NIKE Operating Income 2025: $3.70B
NIKE operating income in 2025 was $3.70B, plunged 41.3% below 2024.
NIKE Operating Income 2024: $6.31B
NIKE operating income in 2024 was $6.31B, grew 6.7% from 2023.
NIKE Operating Income 2023: $5.92B
NIKE operating income in 2023 was $5.92B, declined 11.4% below 2022.
NIKE Operating Income 2022: $6.67B
NIKE operating income in 2022 was $6.67B, edged down 3.8% below 2021.
NIKE Operating Income 2021: $6.94B
NIKE operating income in 2021 was $6.94B.
See more financial history for NIKE (NKE).
Sector peers — Operating Income
Companies in the same sector as NIKE, ranked by their latest operating income.
| Company | Operating Income | Sector |
|---|---|---|
| Alibaba Group Holding Limited (BABA) | $140.91B | Consumer Cyclical |
| PDD Holdings Inc. (PDD) | $92.05B | Consumer Cyclical |
| Amazon.com, Inc. (AMZN) | $79.97B | Consumer Cyclical |
| The Home Depot, Inc. (HD) | $20.89B | Consumer Cyclical |
| McDonald's Corporation (MCD) | $12.39B | Consumer Cyclical |
| Booking Holdings Inc. (BKNG) | $9.28B | Consumer Cyclical |
| The TJX Companies, Inc. (TJX) | $7.18B | Consumer Cyclical |
| Tesla, Inc. (TSLA) | $4.36B | Consumer Cyclical |
Frequently asked questions
What is NIKE's operating income?
- Latest reported operating income for NIKE (NKE) is $2.81B (period ending February 28, 2026).
How has NIKE operating income changed year-over-year?
- NIKE (NKE) operating income changed -41.3% year-over-year on the latest annual filing.
What is the long-term growth rate of NIKE operating income?
- NIKE (NKE) operating income compound annual growth rate is +3.5% over the most recent 5 years available.
When did NIKE operating income hit its highest annual value?
- NIKE operating income reached its highest annual value of $6.94B in 2021.
What was NIKE operating income in 2024?
- NIKE (NKE) operating income in 2024 was $6.31B.
What was NIKE operating income in 2025?
- NIKE (NKE) operating income in 2025 was $3.70B.
Metrics overview
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