FINHUB Insights

NKE · Q3 FY25 · Dec 1, 2024 – Feb 28, 2025

Nike Q3 FY25: where the revenue came from and where it went

Nike Q3 FY25: revenue $11.3B (−9% year over year). Net profit $0.8B. Largest cohort Footwear $7.6B. The whole income statement as a sankey diagram from the SEC filing.

Period
Dec 1, 2024 – Feb 28, 2025
Reported
Apr 3, 2025 10-Q
Sankey diagram of Nike's income statement for Q3 FY25: revenue of $11.3 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$11.3B −9% year over year
Gross profit$4.7B 41% margin
Operating profit$0.8B 7% margin
Net profit$0.8B 7% margin

The numbers

All figures in billions of U.S. dollars, for Q3 FY25 (period ends Feb 28, 2025).
ItemValueShare of revenueYear over year
Revenue 11.3 100% −9%
Footwear 7.6 67% −12%
Apparel 3.2 28% −3%
Sporting Equipment 0.5 4% −2%
Cost of revenue−6.658%
Gross profit4.741% margin−3pp
SG&A−1.134%+0pp
G&A−2.825%−1pp
Operating profit0.87% margin+0pp
Net profit0.87%−2pp

Source of the numbers: structured XBRL data from the filing (10-Q). The diagram is generated automatically and checked against EDGAR before release. How we calculate it → About and methodology.

Older quarters