NIKE Inc (NKE.NE) Q2 2025 Earnings Report

Nike, Inc. reported QQ2 2025 revenue of $12.354 billion, down 7.72% year over year, with gross profit of $5.389 billion and a gross margin of 43.62%. Despite the top-line decline, the company delivered an operating income of $1.384 billion and a net income of $1.163 billion, translating to an net margin of 9.41% and EPS of $0.78. QoQ performance showed meaningful improvement, with operating income up 14.47% and net income higher by 10.66%, underscoring operating discipline and a favorable mix in the quarter.