Quarterly Gross Profit of Nike

Nike Inc Quarterly Gross Profit 2016-2023

Amounts are in $millions.

Gross Profit/quarter202120222023
Q1$4,741$5,696$5,615
Q2$4,847$5,213 
Q3$4,719$5,067 
Q4$5,655$5,503 
Total$19,962$21,479 

2023: Nike had $5,615 million in gross profit in the first quarter of 2023 compared to $5,696 million in the same quarter of the prior year; YoY decline of 1%.

2022: Nike's annual gross profit increased 8% in 2022 compared to the prior year. The company had total gross profit worth $21,479 million in 2022 compared to $19,962 million in 2021. The company experienced the highest rise in gross profit in Q1 of 2022 when its gross profit was $5,696 million compared to $4,741 million in the same quarter of the prior year.

2021: The gross profit of Nike grew to $19,962 million in 2021 compared to $16,241 million in 2020.

Nike generated $4,741 million as gross profit in the first quarter of 2021 compared to $4,871 in the same period of the previous year.

Nike generated $4,544 million in the second quarter of 2021 as gross profit compared to $4,847 during the same period in the previous year.

Nike generated $4,719 million in the third quarter of 2021 as gross profit compared to $4,473 million in the same period of the previous year.

Nike generated $5,655 million in the fourth quarter of 2021 compared to the $2,353 million in the fourth quarter of the previous year.

2020Gross Profit ($mn)
Q1$ 4,871
Q2$4,544
Q3$4,473
Q4$2,353
Total$16,241

 Gross Profit of Nike Inc during the first quarter of 2020 grew 11% compared to the same period last year. Q1 gross profit of Nike Inc for 2020 was $4.9 billion compared to $4.4 billion for the same period last year.

2019Gross Profit
Q1$4,397
Q2$4,105
Q3$4,339
Q4$4,633 
  
2018Gross Profit
Q1$3,962
Q2$3,678
Q3$3,938
Q4$4,378
  

 

2017Gross Profit
Q1$4,123
Q2$3,616
Q3$3,750
Q4$3,823
  

 

2016Gross Profit
Q1$3,995
Q2$3,501
Q3$3,689
Q4$3,786