The chart above displays the net income of Nike from 2005 to 2022. In 2022, the net income of Nike grew by more than $300 million compared to the prior year. The total net income of Nike for 2022 was $6,046 million compared to $5,727 million in 2021.
Nike Inc Net Income 1992-2022
Amounts are in $millions.
| Year | Net Income ($ Millions) |
| 2022 | $6,046 |
| 2021 | $5,727 |
| 2020 | $2,539 |
| 2019 | $ 4,029 |
| 2018 | $ 1,933 |
| 2017 | $ 4,240 |
| 2016 | $ 3,760 |
| 2015 | $ 3,273 |
| 2014 | $ 2,693 |
| 2013 | $ 2,472 |
| 2012 | $ 2,211 |
| 2011 | $ 2,124 |
| 2010 | $ 1,907 |
| 2009 | $ 1,487 |
| 2008 | $ 1,883 |
| 2007 | $ 1,491.5 |
| 2006 | $ 1,392 |
| 2005 | $ 1,211.6 |
| 2004 | $ 945.6 |
| 2003 | $ 474 |
| 2002 | $ 663.3 |
| 2001 | $ 589.7 |
| 2000 | $ 579.1 |
| 1999 | $ 451.4 |
| 1998 | $ 399.6 |
| 1997 | $ 795.8 |
| 1996 | $ 553.2 |
| 1995 | $ 399.7 |
| 1994 | $ 298.8 |
| 1993 | $ 365 |
| 1992 | $ 329.2 |
2022: Nike’s net income in 2022 reached $6,046 million or 6% higher than the prior year. Its net income in 2021 remained $5,727 million. The company also enjoyed 5% revenue growth in 2022 and had net sales worth $46.71 billion. The number of Nike stores worldwide in 2022 was 1,046.
2021: Nike’s net income in 2021 grew to $5,727 million compared to $2,539 million in the previous year. Its 2021 net revenues and net income were the highest in the company’s history. Nike’s net revenues in 2021 grew to $44,538 million in 2021 compared to $37,403 million in 2020.
2019 has proved to be a great year for Nike Inc. The company has generated the highest revenue in its history for the first time in fiscal 2019. Its net income has climbed past $4 billion for the second time in the last five fiscals. Last time, its net income was past $4 billion in 2017 and then declined by more than 50% in 2018. Again, its net income has risen past $4 billion in 2019 and reached $4.03 billion. Nike broke several more records in 2019 in terms of financial performance. Its quarterly net revenue rose past $10 billion in 2019 q4. For the first three quarters too, its net revenue remained higher than $9 billion. Nike’s performance was most consistent in the latest fiscal.
In 2018, the Net income of Nike Inc. fell to 1,933 million dollars from 4,240 million dollars the past year. This was mainly due to the impact of the Tax Act which offset the strong revenue growth for the year. There was a total decline of 54% in the Net Income as compared to the last year.
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