Is Nike profitable?

Nike is indeed profitable, as evidenced by its positive net income and profit margins. Here are the key metrics that indicate Nike's profitability:

1. **Net Income**: Nike reported a net income of $211 million for the quarter ending May 31, 2025.

|code|Ticker|Name|Date|Net Income YoY|Net Income|market_code|
|---|---|---|---|---|---|---|
|NKE|NKE.N|NIKE|2025 Q1|-27.51724137931034|1.051E9|169|
|NKE|NKE.N|NIKE|2025 Q2|-26.29911280101394|1.163E9|169|
|NKE|NKE.N|NIKE|2025 Q3|-32.25255972696246|7.94E8|169|
|NKE|NKE.N|NIKE|2025 Q4|-85.93333333333332|2.11E8|169|

2. **Total Revenue**: The company's total revenue for the same period was $11.1 billion.

|code|Ticker|Name|Date|Total Revenue (FY)|Total Revenue (FY) YoY|market_code|
|---|---|---|---|---|---|---|
|NKE|NKE.N|NIKE|2020|3.7403E10|-4.3817266150267145|169|
|NKE|NKE.N|NIKE|2021|4.4538E10|19.07600994572628|169|
|NKE|NKE.N|NIKE|2022|4.671E10|4.876734473932372|169|
|NKE|NKE.N|NIKE|2023|5.1217E10|9.648897452365661|169|
|NKE|NKE.N|NIKE|2024|5.1362E10|0.28310912392369725|169|

3. **Profit Margins**:
- Nike's net profit margin was 6.95% as of March 31, 2025.
- The operating margin was 8.23%.
- The gross margin was 42.73%.

|code|Ticker|Name|Date|Net Profit Margin YoY|Net Profit Margin|market_code|
|---|---|---|---|---|---|---|
|NKE|NKE.N|NIKE|2025 Q1|-19.07392204454598|9.0689|169|
|NKE|NKE.N|NIKE|2025 Q2|-19.601791070729906|9.247|169|
|NKE|NKE.N|NIKE|2025 Q3|-21.17283381009504|8.5425|169|
|NKE|NKE.N|NIKE|2025 Q4|-37.36449895023293|6.9511|169|

|code|Ticker|Name|Date|Operating Profit Margin|Operating Profit Margin YoY|market_code|
|---|---|---|---|---|---|---|
|NKE|NKE.N|NIKE|2025 Q1|10.803348002416085|-14.661465321574049|169|
|NKE|NKE.N|NIKE|2025 Q2|11.10971891575826|-16.07300720368216|169|
|NKE|NKE.N|NIKE|2025 Q3|9.843235260706578|-21.714667399149562|169|
|NKE|NKE.N|NIKE|2025 Q4|8.225183009782116|-34.72468328979774|169|

|code|Ticker|Name|Date|Gross Profit Margin|Gross Profit Margin YoY|market_code|
|---|---|---|---|---|---|---|
|NKE|NKE.N|NIKE|2025 Q1|45.362|2.6117799282473118|169|
|NKE|NKE.N|NIKE|2025 Q2|44.4639|0.12835843078441|169|
|NKE|NKE.N|NIKE|2025 Q3|43.5107|-2.2604847586315406|169|
|NKE|NKE.N|NIKE|2025 Q4|42.7347|-4.096705131485058|169|

4. **Return on Equity (ROE)**: Nike's ROE was 23.29% as of March 31, 2025, indicating that the company is generating strong returns on its equity capital.

|code|Ticker|Name|Date|ROA|ROE(Average)|market_code|
|---|---|---|---|---|---|---|
|NKE|NKE.N|NIKE|2025 Q1|3.3273|7.4082|169|
|NKE|NKE.N|NIKE|2025 Q2|6.9831|15.5549|169|
|NKE|NKE.N|NIKE|2025 Q3|9.1749|21.1555|169|
|NKE|NKE.N|NIKE|2025 Q4|10.1166|23.2898|169|

5. **Free Cash Flow**: Nike's free cash flow for the quarter ending February 28, 2025, was $2,905.00, and the annual free cash flow for 2024 was $6,617 billion, indicating a strong ability to generate cash and a resilient financial position.

These financial metrics clearly demonstrate that Nike is a profitable company.