Below are the financial statements of Nike, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of USD | 2024 | 2023 | 2022 |
|---|---|---|---|
| Revenues | 51,362a | 51,217a | 46,710a |
| Cost of sales | -28,475a | -28,925a | -25,231a |
| Gross profit | 22,887a | 22,292a | 21,479a |
| Demand creation expense | -4,285a | -4,060a | -3,850a |
| Operating overhead expense | -12,291a | -12,317a | -10,954a |
| Total selling and administrative expense | -16,576a | -16,377a | -14,804a |
| Interest expense (income), net | -161a | -6a | 205a |
| Other (income) expense, net | -228a | -280a | -181a |
| Income before income taxes | 6,700a | 6,201a | 6,651a |
| Income tax expense | -1,000a | -1,131a | -605a |
| Net income | 5,700a | 5,070a | 6,046a |
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