Nike, Inc. Cost of Revenue History
NKE / Consumer Discretionary|9 years of SEC 10-K data (FY2016-FY2024)
$26.5B in FY2024 with a 5-year CAGR of +4.6%. Top quartile in the Consumer Discretionary sector.
Improved from $28.9B to $26.5B over the past 2 years.
Among 160 Consumer Discretionary companies, Nike, Inc. is in the bottom 6% for cost of revenue. Cost of Revenue has fluctuated over the past 9 years, ranging from $19.0B in FY2016 to $28.9B in FY2022.
Based on SEC 10-K filings.
Key Data Points
- Low Piotroski F-Score: 2/9 (multiple financial health concerns)
- Altman Z-Score 0.47 (distress zone, below 1.8 threshold)
Data sourced from SEC EDGAR filings. Not investment advice.
- 3-Year CAGR
- +1.7%
- 5-Year CAGR
- +4.6%
- 10-Year CAGR
- -
Cost of Revenue Trend
Bottom 6% in Consumer DiscretionaryTop 94% of 160This company $26.5B Sector average $9.7B
▼
+172.1% above sector average
Key Insights
- 5-year CAGR of +4.6%, indicating consistent growth.
- In FY2024, cost of revenue decreased 6.9% year-over-year.
- Ranks #10 out of 160 companies in the Consumer Discretionary sector.
- Peak cost of revenue was recorded in FY2022.
Annual Data
| Year | Cost of Revenue | YoY Growth |
|---|---|---|
| FY2025 | - | - |
| FY2024 | $26.5B | -6.9% |
| FY2023 | $28.5B | -1.6% |
| FY2022 | $28.9B | +14.6% |
| FY2021 | $25.2B | +2.7% |
| FY2020 | $24.6B | +16.1% |
| FY2019 | $21.2B | -2.2% |
| FY2018 | $21.6B | +5.9% |
| FY2017 | $20.4B | +7.4% |
| FY2016 | $19.0B | +9.4% |
As of FY2024 · SEC 10-K · Updated Mar 15, 2026