Company: NIKE, Inc.
Ticker: NKE
Form: 10-K
Filed: 2025-07-17
Fiscal Period: {"fp": "FY", "fy": 2025}

Question: What was NIKE, Inc.'s net income in fiscal year 2025?
Question Type: value_lookup

Concept: NetIncomeLoss
Answer (Numeric): 3219.0
Answer (Display): $3,219 million
Unit: USD millions

Evidence:
[{"chunk_id": "157", "equivalent_chunk_ids": ["157"], "section": "CONSOLIDATED STATEMENTS OF INCOME", "supports": ["main"], "text": "YEAR ENDED MAY 31,\n(In millions, except per share data)\nRevenues\n46,309\n51,362\n51,217\nCost of sales\n26,519\n28,475\n28,925\nGross profit\n19,790\n22,887\n22,292\nDemand creation expense\n4,689\n4,285\n4,060\nOperating overhead expense\n11,399\n12,291\n12,317\nTotal selling and administrative expense\n16,088\n16,576\n16,377\nInterest expense (income), net\nOther (income) expense, net\nIncome before income taxes\n3,885\n6,700\n6,201\nIncome tax expense\n1,000\n1,131\nNET INCOME\n3,219\n5,700\n5,070\nEarnings per common share:\nBasic\n2.17\n3.76\n3.27\nDiluted\n2.16\n3.73\n3.23\nWeighted average common shares outstanding:\nBasic\n1,484.9\n1,517.6\n1,551.6\nDiluted\n1,487.6\n1,529.7\n1,569.8\nThe accompanying Notes to the Consolidated Financial Statements are an integral part of this statement.\n2025 FORM 10-K\nNIKE, INC."}]

Derivation: