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Nike vs Lululemon: who makes more money?

Nike is bigger: $46.4 billion in revenue against $11.1 billion for Lululemon, about 4.2 times as much. But Lululemon keeps more of each sale: $14.22 of every $100 versus $6.70. Across 5 rounds from their latest annual reports, Nike wins 3.

From each company's latest Form 10-K: Nike (year ended May 31, 2026) and Lululemon (year ended February 1, 2026). Page updated November 8, 2026.

3Nike
–
2Lululemon

Revenue Money coming in

NikeWins
$46.4 billion
Lululemon
$11.1 billion

Net profit After every cost and tax

NikeWins
$3.1 billion
Lululemon
$1.6 billion

Kept per $100 of sales Profit margin

Nike
$6.70
LululemonWins
$14.22

Employees As each 10-K states it

NikeMore
73,000
Lululemon
39,000

Revenue per employee Revenue ÷ employees

NikeWins
$635,589
Lululemon
$284,682

Growth over 5 years Revenue, first to latest year shown

Nike
+4%
LululemonWins
+152%

How each one makes its money.

Nike

Nike sells shoes, clothes and gear through stores like Foot Locker and through its own stores and app.

Shoes$30.5B66% of total
Clothes$13.5B29% of total
Equipment$2.2B5% of total
How Nike makes money
Lululemon

Lululemon sells athletic clothes, mostly through its own stores and website.

Women's clothes$7.0B63% of total
Men's clothes$2.7B24% of total
Accessories$1.4B13% of total
How Lululemon makes money

Quick answers.

Who makes more money, Nike or Lululemon?

Nike: $46.4 billion in revenue against $11.1 billion.

Which is more profitable, Nike or Lululemon?

Lululemon keeps more of each dollar ($14.22 of every $100). In total profit, Nike made more: $3.1 billion.

Which has more employees, Nike or Lululemon?

Nike, with about 73,000 against 39,000.

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Sources: NIKE, Inc. Form 10-K and lululemon athletica inc. Form 10-K on SEC EDGAR. Fiscal years can end in different months, so each side uses its own latest year. Profit means net income.