Out of all sportswear and sporting goods companies compared in this statistic, Nike generated the most revenue with more than ** billion U.S. dollars in revenue in the company's fiscal year 2024.
Sportswear companies revenue - additional information
Nike and adidas are the most dominant sportswear and sporting goods companies worldwide with combined revenues of about ** billion U.S. dollars in 2024. Nike is an American corporation which was founded in January 1964 as Blue Ribbon Sports and officially became Nike, Inc. in May 1971. There are around *****Nike retail stores worldwide and a large proportion of Nike’s income comes from footwear. Revenue in this segment was over ** billion U.S. dollars in 2024, in comparison to roughly **** billion U.S. dollars generated by adidas in the same sector.
adidas was founded in 1949 by the German Adolf Dassler, following a rift between him and his brother Rudolf (who went on to create Puma). adidas is the second largest sportswear company in the world behind Nike. The sales of the corporation can be split into three product categories – footwear, apparel, and hardware. Europe was the biggest market for adidas in 2024, with nearly ** percent of their net sales coming from this region.
Figures come from annual reports for the fiscal years ended 2024 and early 2025. The start / end of the fiscal years of the companies differ from one another. Nike - fiscal year ended May 31, 2024. adidas - fiscal year ended December 31, 2024; Figure converted from Euros to U.S. dollars at the exchange rate of 1 Euro - 1.04156 U.S. dollars (December 31, 2024). VF Corporation - fiscal year ended March 29, 2025. lululemon - fiscal year ended February 2, 2025. Puma - fiscal year ended December 31, 2024; figure converted from Euros to U.S. dollars at the exchange rate of 1 Euro - 1.04156 U.S. dollars (December 31, 2024). Under Armour - fiscal year ended March 31, 2025. Asics - fiscal year ended December 31, 2024; Figure converted from Yen to U.S. dollars at the exchange rate of 1 Yen - 0.00635 U.S. dollars (December 31, 2024). Mizuno - fiscal year ended March 31, 2025; Figure converted from Yen to U.S. dollars at the exchange rate of 1 Yen - 0.00667 U.S. dollars (March 31, 2025).
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Statista. (July 8, 2025). Sportswear / Sporting goods companies ranked by worldwide revenue in fiscal 2024 (in billion U.S. dollars) [Graph]. In Statista. Retrieved July 22, 2025, from https://www.statista.com/statistics/241885/sporting-goods-sportswear-companies-revenue-worldwide/
Statista. "Sportswear / Sporting goods companies ranked by worldwide revenue in fiscal 2024 (in billion U.S. dollars)." Chart. July 8, 2025. Statista. Accessed July 22, 2025. https://www.statista.com/statistics/241885/sporting-goods-sportswear-companies-revenue-worldwide/
Statista. (2025). Sportswear / Sporting goods companies ranked by worldwide revenue in fiscal 2024 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: July 22, 2025. https://www.statista.com/statistics/241885/sporting-goods-sportswear-companies-revenue-worldwide/
Statista. "Sportswear / Sporting Goods Companies Ranked by Worldwide Revenue in Fiscal 2024 (in Billion U.S. Dollars)." Statista, Statista Inc., 8 Jul 2025, https://www.statista.com/statistics/241885/sporting-goods-sportswear-companies-revenue-worldwide/
Statista, Sportswear / Sporting goods companies ranked by worldwide revenue in fiscal 2024 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/241885/sporting-goods-sportswear-companies-revenue-worldwide/ (last visited July 22, 2025)
Sportswear / Sporting goods companies ranked by worldwide revenue in fiscal 2024 (in billion U.S. dollars) [Graph], Statista, July 8, 2025. [Online]. Available: https://www.statista.com/statistics/241885/sporting-goods-sportswear-companies-revenue-worldwide/