Cost of revenue · 2016–2025
Nike cost of revenue
$26.5B−0.1% · FY2025
Nike (NKE) reported $26.5B in cost of revenue for fiscal 2025, −0.1% year on year.
| Fiscal year | Cost of revenue | Change | Filing |
|---|---|---|---|
| FY20252026-05-31 | $26.5B | −0.1% | Open → |
| FY20242025-05-31 | $26.5B | −6.9% | Open → |
| FY20232024-05-31 | $28.5B | −1.6% | Open → |
| FY20222023-05-31 | $28.9B | +14.6% | Open → |
| FY20212022-05-31 | $25.2B | +2.7% | Open → |
| FY20202021-05-31 | $24.6B | +16.1% | Open → |
| FY20192020-05-31 | $21.2B | −2.2% | Open → |
| FY20182019-05-31 | $21.6B | +5.9% | Open → |
| FY20172018-05-31 | $20.4B | +7.4% | Open → |
| FY20162017-05-31 | $19.0B | — | Open → |
Cost of revenue — Cost of revenue is the direct cost of producing what the company sold — materials, manufacturing and the labour tied to delivery. It excludes sales, marketing and administration. Revenue minus this figure is gross profit.
Every row links to its own SEC filing · Fiscal year 2025 · Data as of September 25, 2026 · 2016–2025 compound annual growth +3.7%
Cost of revenue at companies of similar size
Cite this page
Ready-made references for the figures on this page, as published on September 25, 2026.
Wikipedia
{{cite web |title=Nike cost of revenue |url=https://companiesranked.com/en/company/nike/cost-of-revenue |website=CompaniesRanked |date=2026-09-25 |language=en}}APA 7
CompaniesRanked. (September 25, 2026). Nike cost of revenue. CompaniesRanked. https://companiesranked.com/en/company/nike/cost-of-revenueBibTeX
@misc{companiesranked-en-company-nike-cost-of-revenue-2026,
author = {{CompaniesRanked}},
title = {{Nike cost of revenue}},
year = {2026},
howpublished = {\url{https://companiesranked.com/en/company/nike/cost-of-revenue}},
note = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
urldate = {2026-09-25}
}The filing itself
The numbers above are read from this document: 10-K · 0000320187-26-000088 · July 15, 2026
{{cite web |title=Nike cost of revenue — 10-K (0000320187-26-000088) |url=https://www.sec.gov/Archives/edgar/data/320187/000032018726000088/nke-20260531.htm |website=SEC EDGAR |publisher=U.S. Securities and Exchange Commission |date=2026-07-15}}The figures are rebuilt with every data refresh, so the reference carries the publication date. Add your own access date if your style requires one.