Quarterly Net Revenue of Nike Inc. 2016-2020
Amounts are in $millions
Net revenue of Nike Inc. for the first quarter of 2020 grew 7% compared to the same period last year. Q1 revenue of Nike was $10.7 billion in 2020 compared to $9.95 billion for Q1 2019.
In fiscal 2019, net revenue of Nike Inc was the highest in its history. Its net revenue reached past $39 billion for the first time, growing by 7% compared to the previous year. The quarterly revenue of Nike was the highest in its history in the fourth quarter of fiscal 2019. For the first time, Nike’s quarterly revenue rose past $10 billion to reach $10.2 billion. During the first three quarters of fiscal 2019 as well the revenue of the company was higher than in previous years. For each quarter, Nike generated more than $9 billion in revenue.