Net Income of Nike

Nike Inc Net Income 1992-2022

Amounts are in $millions.

YearNet Income ($ Millions)
2022$6,046
2021$5,727
2020$2,539
2019$ 4,029
2018 $  1,933
2017 $ 4,240
2016 $ 3,760
2015 $ 3,273
2014 $ 2,693
2013 $ 2,472
2012 $ 2,211
2011 $ 2,124
2010 $ 1,907
2009 $ 1,487
2008 $ 1,883
2007 $ 1,491.5 
2006 $ 1,392
2005 $ 1,211.6 
2004 $ 945.6 
2003 $ 474
2002 $ 663.3 
2001 $ 589.7 
2000 $ 579.1 
1999 $ 451.4 
1998 $ 399.6 
1997 $ 795.8 
1996 $ 553.2 
1995 $ 399.7 
1994 $ 298.8 
1993 $ 365
1992 $ 329.2 

2022: Nike's net income in 2022 reached $6,046 million or 6% higher than the prior year. Its net income in 2021 remained $5,727 million. The company also enjoyed 5% revenue growth in 2022 and had net sales worth $46.71 billion. The number of Nike stores worldwide in 2022 was 1,046.

2021: Nike's net income in 2021 grew to $5,727 million compared to $2,539 million in the previous year. Its 2021 net revenues and net income were the highest in the company's history. Nike's net revenues in 2021 grew to $44,538 million in 2021 compared to $37,403 million in 2020. 

2019 has proved to be a great year for Nike Inc. The company has generated the highest revenue in its history for the first time in fiscal 2019. Its net income has climbed past $4 billion for the second time in the last five fiscals. Last time, its net income was past $4 billion in 2017 and then declined by more than 50% in 2018. Again, its net income has risen past $4 billion in 2019 and reached $4.03 billion. Nike broke several more records in 2019 in terms of financial performance. Its quarterly net revenue rose past $10 billion in 2019 q4. For the first three quarters too, its net revenue remained higher than $9 billion. Nike's performance was most consistent in the latest fiscal.