Nike Inc Net Revenue 1992-2023
Amounts are in $ millions.
| Year | Revenue ($Mn) |
|---|---|
| 2023 | $51,217 |
| 2022 | $46,710 |
| 2021 | $44,538 |
| 2020 | $37,503 |
| 2019 | $39,117 |
| 2018 | $36,397 |
| 2017 | $34,350 |
| 2016 | $32,376 |
| 2015 | $30,601 |
| 2014 | $27,799 |
| 2013 | $25,313 |
| 2012 | $23,331 |
| 2011 | $20,117 |
| 2010 | $19,014 |
| 2009 | $19,176 |
| 2008 | $18,627 |
| 2007 | $16,325.9 |
| 2006 | $14,954.9 |
| 2005 | $13,739.7 |
| 2004 | $12,253.1 |
| 2003 | $10,697 |
| 2002 | $9,893.0 |
| 2001 | $9,488.8 |
| 2000 | $8,995.1 |
| 1999 | $8,776.9 |
| 1998 | $9,553.1 |
| 1997 | $9,186.5 |
| 1996 | $6,470.6 |
| 1995 | $4,760.8 |
| 1994 | $3,789.7 |
| 1993 | $3,931.0 |
| 1992 | $3,405.2 |
2023: Nike’s total net sales in 2023 increased 10% compared to the prior year. The company generated total $51,217 million in 2023 in net sales compared to $46,710 million in the previous year. The net income of the company declined 16% in 2023 compared to the previous year. Nike’s net income in 2023 was $5,070 million compared to $6,046 million in the prveious year.
2022: Nike enjoyed 5% YoY growth in net sales in 2022 compared to the previous fiscal. Its net sales in 2022 remained $46,710 million compared to $44,538 million in 2021. Nike’s net income grew 6% in 2022 compared to the prior year reaching $6,046 million. The number of Nike stores worldwide in 2022 was 1,046.
2021: Nike’s net revenues in 2021 grew to $44.54 billion (highest in the brand’s history) compared to $37.5 billion in 2020. The company experienced around 18.7% growth in its net revenues in 2021 compared to the previous year.
Net revenue of Nike Inc grew to $39.12 billion in 2019 (highest in its history) from $36.4 billion in 2018.
Net Revenue of Nike rose to $36.4 billion in 2018 from $34.35 Billion in 2017.
Nike Inc. was incorporated in 1967 under the laws of the state of Oregon.
Its main business includes design, development, worldwide marketing and sales of athletic footwear, apparel, equipment, accessories and services. Nike is the largest seller of athletic footwear and apparel globally. It sells its products through NIKE-owned retail stores, on digital platforms (collectively called “NIKE Direct” operations), to retail accounts and a mix of independent distributors, licensees and sales representatives in virtually all countries around the globe. Virtually all of Nike products are manufactured by independent contractors and nearly all its footwear and apparel products are produced outside the United States and equipment products both in the U.S. and abroad.
Suggested Reading: