Nike, Inc. income statement & cash flow
In the fiscal year ended May 31, 2026, Nike, Inc. reported net income of $3.11B on revenue of $46.40B. Operating cash flow was $2.87B and capital expenditures were $684.00M, leaving $2.18B of free cash flow (operating cash flow minus capital expenditures).
Income statement and cash flow summary
| Fiscal year ended | May 2017 | May 2018 | May 2019 | May 2020 | May 2021 | May 2022 | May 2023 | May 2024 | May 2025 | May 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $34.35B | $36.40B | $39.12B | $37.40B | $44.54B | $46.71B | $51.22B | $51.36B | $46.31B | $46.40B |
| Gross profit | $15.31B | $15.96B | $17.47B | $16.24B | $19.96B | $21.48B | $22.29B | $22.89B | $19.79B | $19.91B |
| Net income | $4.24B | $1.93B | $4.03B | $2.54B | $5.73B | $6.05B | $5.07B | $5.70B | $3.22B | $3.11B |
| Diluted EPS | $2.51 | $1.17 | $2.49 | $1.60 | $3.56 | $3.75 | $3.23 | $3.73 | $2.16 | $2.10 |
| Operating cash flow | $3.85B | $4.96B | $5.90B | $2.48B | $6.66B | $5.19B | $5.84B | $7.43B | $3.70B | $2.87B |
| Capital expenditures | $1.10B | $1.03B | $1.12B | $1.09B | $695.00M | $758.00M | $969.00M | $812.00M | $430.00M | $684.00M |
| Reported in | 10-K 2019 | 10-K 2020 | 10-K 2021 | 10-K 2022 | 10-K 2023 | 10-K 2024 | 10-K 2025 | 10-K 2026 | 10-K 2026 | 10-K 2026 |
Margins
Each figure divided by revenue for the same fiscal year.
| Fiscal year ended | Gross margin | Operating margin | Net margin |
|---|---|---|---|
| May 2026 | 42.9% | — | 6.7% |
| May 2025 | 42.7% | — | 7.0% |
| May 2024 | 44.6% | — | 11.1% |
| May 2023 | 43.5% | — | 9.9% |
| May 2022 | 46.0% | — | 12.9% |
Source: SEC EDGAR XBRL company facts for CIK 320187 (raw data). Most recent filing in this dataset: 10-Q filed Oct 2, 2026. SEC data file dated Nov 3, 2026; page built Nov 5, 2026. Figures are as most recently reported, including restatements. How we select figures.