Quarterly Gross Profit of Nike
Nike Inc Quarterly Gross Profit 2016-2023
Amounts are in $millions.
Gross Profit/quarter | 2021 | 2022 | 2023 |
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 $2,353 million in the fourth quarter of the previous year.
2020 | Gross Profit ($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.
2019 | Gross Profit |
Q1 | $4,397 |
Q2 | $4,105 |
Q3 | $4,339 |
Q4 | $4,633 |
2018 | Gross Profit |
Q1 | $3,962 |
Q2 | $3,678 |
Q3 | $3,938 |
Q4 | $4,378 |
2017 | Gross Profit |
Q1 | $4,123 |
Q2 | $3,616 |
Q3 | $3,750 |
Q4 | $3,823 |
2016 | Gross Profit |
Q1 | $3,995 |
Q2 | $3,501 |
Q3 | $3,689 |
Q4 | $3,786 |