Nike Inc Quarterly Net Revenue
Quarterly Net Revenue of Nike Inc. 2016-2023
Amounts are in $millions.
| Revenue/Quarter | 2021 | 2022 | 2023 |
| Q1 | $10,594 | $12,248 | $12,687 |
| Q2 | $11,243 | $11,357 | |
| Q3 | $10,357 | $10,871 | |
| Q4 | $12,344 | $12,234 | |
| Total | $44,538 | $46,710 |
2023: Nike generated $12,687 million in Q1 2023 compared to $12,248 million in the same quarter of the prior year.
2022: Nike experienced highest revenue growth in the first quarter of 2022 compared to the prior year. Of all the four quarters of 2022, its revenue was also the highest in the first quarter. The company generated $12,248 million in Q1 2022 and $46,710 million in 2022 annual net sales.
2021: Nike's revenues grew the sharpest in the fourth quarter of 2021 compared to the fourth quarter of the previous year. The company generated $12,344 million in the fourth quarter of 2021 compared to $6,313 million in 2020.
| 2020 | Revenue ($mn) |
| Q1 | $ 10,660 |
| Q2 | $10,326 |
| Q3 | $10,106 |
| Q4 | $6,313 |
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.
Nike's revenue in the second quarter of 2020 was $10,326 million compared to $9,374 million during the same period in the previous year.
During the third quarter of 2020, the company generated $10,106 million compared to $9,611 in the same period previous year.
Nike's revenues fell in the fourth quarter of 2020 compared to the same period in the previous year. The company generated $6.3 billion in net revenues in the fourth quarter of 2020 compared to $10,184 million in 2019.
| 2019 | Revenue ($mn) |
| Q1 | $ 9,948 |
| Q2 | $ 9,374 |
| Q3 | $ 9,611 |
| Q4 | $10,184 |
| Total | $39,117 |
| 2018 | Revenue ($mn) |
| Q1 | $ 9,070 |
| Q2 | $ 8,554 |
| Q3 | $ 8,984 |
| Q4 | $ 9,789 |
| Total | $36,397 |
| 2017 | Revenue ($mn) |
| Q1 | $ 9,061 |
| Q2 | $ 8,180 |
| Q3 | $ 8,432 |
| Q4 | $ 8,677 |
| Total | $34,350 |
| 2016 | Quarterly Revenue |
| Q1 | $ 8,414 |
| Q2 | $ 7,686 |
| Q3 | $ 8,032 |
| Q4 | $ 8,244 |
| Total | $32,376 |
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. 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 previous years. For each quarter, Nike generated more than $9 billion in revenue.