What is Nike, Inc.'s earnings per share (EPS)?

Nike, Inc. (NKE) reported diluted earnings per share of $2.10 for fiscal year 2026. This represents a -2.8% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Nike, Inc. (NKE) Financials

NKE

Trailing 12 months to August 31, 2026

Revenue $45.9B -1.2% YoY

Net Income $3.1B +6.8% YoY

EPS (Diluted) $2.08 +6.7% YoY

Free Cash Flow $2.1B -30.0% YoY

Market Cap $55.1B as of Oct 17, 2026

Price / Sales 1.2x on $45.9B revenue, trailing 12 months to August 31, 2026

Price / Earnings 17.8x on $3.1B net income, trailing 12 months to August 31, 2026

Price / Book 3.6x on $15.2B equity, Q1 FY2027

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 17, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q1 FY2027, ended Aug 31, 2026 Reported Oct 2, 2026 Currency USD FYE May

Newest figures come from the 10-Q for Q1 FY2027, filed Oct 2, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the NKE SEC filings page.

Nike, Inc. (NKE) reported $45.9B in revenue over the twelve months to Aug 31, 2026, down 1.2% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI NKE FY2026 2026-10-02

NIKE's recent earnings weakness is not a volume story alone: lower margins and weaker cash conversion are reshaping a once cash-rich model.

From FY2024 to FY2026, free-cash-flow margin fell from 12.9% to 4.7% while revenue ended below FY2024 levels, pointing to weaker cash generation rather than expansionary reinvestment. Accounts receivable rose from $4.4B in FY2024 to $5.9B in FY2026, so more reported sales were tied up in customer balances instead of becoming cash.

Gross margin held near 43.0% in FY2025-FY2026 after 44.6% in FY2024, so recent profit pressure is not primarily a collapse in product-level economics. Yet net margin remained about 7.0% in both recent years, showing that costs below gross profit absorb much of the remaining earnings.

Debt-to-equity fell from 0.6x to 0.4x by FY2026, making the balance sheet less debt-dependent even as earnings weakened. The current ratio fell from 2.4x to 2.0x, while buybacks contracted and dividends increased, indicating capital returns shifted toward dividends as available cash generation narrowed.

Financial Health Signals

Financial Health Score 32/100

Scored against operating companies for FY2026. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of Nike, Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability

Not available for Nike, Inc., and counted as zero in the overall score.

Growth

Nike, Inc.'s revenue grew a modest 0.2% year-over-year to $46.4B. This slow but positive growth earns a score of 16/100.

Leverage

Nike, Inc. has a moderate D/E ratio of 0.40. This balance of debt and equity financing earns a leverage score of 64/100.

Liquidity

Nike, Inc.'s current ratio of 1.96 indicates adequate short-term liquidity, earning a score of 58/100. The company can meet its near-term obligations, though with limited headroom.

Cash Flow

Nike, Inc. has a free cash flow margin of 4.7%, earning a moderate score of 55/100. The company generates positive cash flow after capital investments, but with room for improvement.

Returns

Not available for Nike, Inc., and counted as zero in the overall score.

Piotroski F-Score Partial

4/8

Nike, Inc. passes 4 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 2 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.

Earnings Quality Mixed

0.92x

For every $1 of reported earnings, Nike, Inc. generates $0.92 in operating cash flow ($2.9B OCF vs $3.1B net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.

Key Financial Metrics

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Earnings & Revenue

Revenue

$11.2B

YoY-4.3%

QoQ+2.2%

5Y CAGR-1.8%

10Y CAGR+2.2%

Nike, Inc. generated $11.2B in revenue in Q1 2027. This represents a decrease of 4.3% from the same quarter a year earlier. Against the prior quarter it is up 2.2%.

Net Income

$712.0M

YoY-2.1%

QoQ-33.4%

5Y CAGR-17.6%

10Y CAGR-5.5%

Nike, Inc. reported $712.0M in net income in Q1 2027. This represents a decrease of 2.1% from the same quarter a year earlier. Against the prior quarter it is down 33.4%.

EPS (Diluted)

$0.48

YoY-2.0%

QoQ-33.3%

5Y CAGR-16.2%

10Y CAGR-4.1%

Nike, Inc. earned $0.48 per diluted share (EPS) in Q1 2027. This represents a decrease of 2.0% from the same quarter a year earlier. Against the prior quarter it is down 33.3%.

EBITDA

Not reported for Q1 2027.

Cash & Balance Sheet

Free Cash Flow

-$64.0M

YoY-526.7%

QoQ-104.3%

Nike, Inc. recorded an outflow of $64.0M in free cash flow in Q1 2027, representing a cash shortfall after capex. This represents a decrease of 526.7% from the same quarter a year earlier. Against the prior quarter it is down 104.3%.

Cash & Debt

$6.9B

YoY-1.7%

QoQ-8.7%

5Y CAGR-8.4%

10Y CAGR+10.0%

Nike, Inc. held $6.9B in cash against $5.9B in long-term debt as of Q1 2027.

Dividends Per Share

$0.41

YoY+2.5%

QoQ0.0%

5Y CAGR+8.3%

10Y CAGR+9.9%

Nike, Inc. paid $0.41 per share in dividends in Q1 2027. This represents an increase of 2.5% from the same quarter a year earlier. It is unchanged from the prior quarter.

Shares Outstanding

Diluted avg 1.48B

Nike, Inc. had a weighted average of 1.48B diluted shares in Q1 2027; the shares outstanding count is not reported for that period.

Margins & Returns

Gross Margin

42.8%

YoY+0.6pp

QoQ-6.4pp

5Y change-3.7pp

10Y change-2.7pp

Nike, Inc.'s gross margin was 42.8% in Q1 2027, indicating the percentage of revenue retained after direct costs. This is up 0.6 percentage points from the same quarter a year earlier. Against the prior quarter it is down 6.4 percentage points.

Net Margin

6.3%

YoY+0.2pp

QoQ-3.4pp

5Y change-8.9pp

10Y change-7.4pp

Nike, Inc.'s net profit margin was 6.3% in Q1 2027, showing the share of revenue converted to profit. This is up 0.2 percentage points from the same quarter a year earlier. Against the prior quarter it is down 3.4 percentage points.

Return on Equity

4.7%

YoY-0.7pp

QoQ-2.5pp

5Y change-8.4pp

10Y change-5.6pp

Nike, Inc.'s ROE was 4.7% in Q1 2027, measuring profit generated per dollar of shareholder equity. This is down 0.7 percentage points from the same quarter a year earlier. Against the prior quarter it is down 2.5 percentage points.

Operating Margin

Not reported for Q1 2027.

Capital Allocation

Share Buybacks

YoY-100.0%

Nike, Inc. repurchased no shares in Q1 2027. This represents a decrease of 100.0% from the same quarter a year earlier.

Capital Expenditures

$199.0M

YoY-3.9%

QoQ+44.2%

5Y CAGR+1.6%

10Y CAGR-3.3%

Nike, Inc. invested $199.0M in capex in Q1 2027, funding long-term assets and infrastructure. This represents a decrease of 3.9% from the same quarter a year earlier. Against the prior quarter it is up 44.2%.

R&D Spending

Not reported for Q1 2027.

NKE Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

NKE quarterly income statement

Metric	TTM	FY2610-K	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K
Revenue	$45.9B	$46.4B+0.2%	$46.3B-9.8%	$51.4B+0.3%	$51.2B+9.6%	$46.7B+4.9%	$44.5B+19.1%	$37.4B-4.4%	$39.1B+7.5%	$36.4B+6.0%	$34.4B+6.1%	$32.4B+5.8%	$30.6B+10.1%	$27.8B+9.8%	$25.3B+8.5%	$23.3B
Cost of Revenue	$26.1B	$26.5B-0.1%	$26.5B-6.9%	$28.5B-1.6%	$28.9B+14.6%	$25.2B+2.7%	$24.6B+16.1%	$21.2B-2.2%	$21.6B+5.9%	$20.4B+7.4%	$19.0B+9.4%	$17.4B+5.3%	$16.5B+7.7%	$15.4B+7.5%	$14.3B+8.3%	$13.2B
Gross Profit	$19.8B	$19.9B+0.6%	$19.8B-13.5%	$22.9B+2.7%	$22.3B+3.8%	$21.5B+7.6%	$20.0B+22.9%	$16.2B-7.1%	$17.5B+9.5%	$16.0B+4.2%	$15.3B+2.3%	$15.0B+6.4%	$14.1B+13.0%	$12.4B+12.8%	$11.0B+8.7%	$10.1B
SG&A Expenses	$16.0B	$16.1B+0.2%	$16.1B-2.9%	$16.6B+1.2%	$16.4B+10.6%	$14.8B+13.7%	$13.0B-0.8%	$13.1B+3.3%	$12.7B+10.3%	$11.5B+9.0%	$10.6B+0.9%	$10.5B+5.8%	$9.9B+12.8%	$8.8B+12.4%	$7.8B+10.1%	$7.1B
Interest Expense	N/A	N/A	N/A	N/A	N/A	$205.0M-21.8%	$262.0M+194.4%	$89.0M+81.6%	$49.0M-9.3%	$54.0M-8.5%	$59.0M+210.5%	$19.0M-32.1%	$28.0M-15.2%	$33.0M	N/A	$4.0M
Income Tax	$806.0M	$792.0M+18.9%	$666.0M-33.4%	$1.0B-11.6%	$1.1B+86.9%	$605.0M-35.2%	$934.0M+168.4%	$348.0M-54.9%	$772.0M-67.7%	$2.4B+270.3%	$646.0M-25.1%	$863.0M-7.4%	$932.0M+9.5%	$851.0M+5.7%	$805.0M+6.8%	$754.0M
Net Income	$3.1B	$3.1B-3.4%	$3.2B-43.5%	$5.7B+12.4%	$5.1B-16.1%	$6.0B+5.6%	$5.7B+125.6%	$2.5B-37.0%	$4.0B+108.4%	$1.9B-54.4%	$4.2B+12.8%	$3.8B+14.9%	$3.3B+21.5%	$2.7B+8.9%	$2.5B+11.8%	$2.2B
EPS (Basic)	N/A	$2.10-3.2%	$2.17-42.3%	$3.76+15.0%	$3.27-14.6%	$3.83+5.2%	$3.64+123.3%	$1.63-36.1%	$2.55+114.3%	$1.19-53.5%	$2.56+15.8%	$2.21+16.3%	$1.90+25.0%	$1.52-44.9%	$2.76+15.0%	$2.40
EPS (Diluted)	$2.08	$2.10-2.8%	$2.16-42.1%	$3.73+15.5%	$3.23-13.9%	$3.75+5.3%	$3.56+122.5%	$1.60-35.7%	$2.49+112.8%	$1.17-53.4%	$2.51+16.2%	$2.16+16.8%	$1.85+24.2%	$1.49	$2.70	$2.35
Diluted Shares (Avg)	N/A	1.48B-0.4%	1.49B-2.8%	1.53B-2.6%	1.57B-2.5%	1.61B+0.1%	1.61B+1.1%	1.59B-1.7%	1.62B-2.5%	1.66B-1.9%	1.69B-2.9%	1.74B-1.5%	1.77B-2.4%	1.81B	916M	940M

Metric	Q1'2710-Q	Q4'2610-Q	Q3'2610-Q	Q2'2610-Q	Q1'2610-Q	Q4'2510-K	Q3'2510-Q	Q2'2510-Q
Revenue	$11.2B-4.3%	$11.0B-1.1%	$11.3B+0.1%	$12.4B+0.6%	$11.7B+1.1%	$11.1B-12.0%	$11.3B-9.3%	$12.4B-7.7%
Cost of Revenue	$6.4B-5.3%	$5.6B-15.8%	$6.7B+2.4%	$7.4B+6.0%	$6.8B+7.0%	$6.6B-4.9%	$6.6B-4.0%	$7.0B-6.1%
Gross Profit	$4.8B-2.9%	$5.4B+20.7%	$4.5B-3.1%	$5.0B-6.4%	$4.9B-6.0%	$4.5B-20.7%	$4.7B-15.9%	$5.4B-9.7%
SG&A Expenses	$3.9B-2.6%	$4.1B-1.6%	$4.0B+2.3%	$4.0B+0.8%	$4.0B-0.8%	$4.1B+1.5%	$3.9B-8.0%	$4.0B-3.4%
Income Tax	$209.0M+7.2%	$260.0M+143.0%	$130.0M+160.0%	$207.0M-18.2%	$195.0M-23.8%	$107.0M-52.7%	$50.0M-78.4%	$253.0M-26.5%
Net Income	$712.0M-2.1%	$1.1B+406.6%	$520.0M-34.5%	$792.0M-31.9%	$727.0M-30.8%	$211.0M-85.9%	$794.0M-32.3%	$1.2B-26.3%
EPS (Basic)	$0.48-2.0%	$0.72+380.0%	$0.35-35.2%	$0.54-30.8%	$0.49-30.0%	$0.15-85.0%	$0.54-29.9%	$0.78-25.0%
EPS (Diluted)	$0.48-2.0%	$0.72+414.3%	$0.35-35.2%	$0.53-32.1%	$0.49-30.0%	$0.14-85.9%	$0.54-29.9%	$0.78-24.3%
Diluted Shares (Avg)	1.48B+0.4%	N/A	1.48B+0.1%	1.48B-0.6%	1.48B-1.5%	N/A	1.48B-3.0%	1.49B-2.7%

Not reported in any period shown, so not listed: R&D Expenses, Operating Income, EBITDA, Interest Expense.

NKE Balance Sheet

NKE quarterly balance sheet

Metric	FY2610-K	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K
Total Assets	$38.4B+5.0%	$36.6B-4.0%	$38.1B+1.5%	$37.5B-6.9%	$40.3B+6.8%	$37.7B+20.4%	$31.3B+32.1%	$23.7B+5.2%	$22.5B-3.1%	$23.3B+8.8%	$21.4B-1.0%	$21.6B+16.2%	$18.6B+6.0%	$17.5B+13.4%	$15.5B
Current Assets	$24.6B+5.3%	$23.4B-8.0%	$25.4B+0.7%	$25.2B-10.7%	$28.2B+7.3%	$26.3B+27.9%	$20.6B+24.4%	$16.5B+9.2%	$15.1B-5.8%	$16.1B+6.9%	$15.0B-3.6%	$15.6B+13.8%	$13.7B+0.5%	$13.6B+15.1%	$11.8B
Cash & Equivalents	$7.6B+1.3%	$7.5B-24.3%	$9.9B+32.5%	$7.4B-13.2%	$8.6B-13.3%	$9.9B+18.5%	$8.3B+86.9%	$4.5B+5.1%	$4.2B+11.6%	$3.8B+21.4%	$3.1B-18.5%	$3.9B+73.5%	$2.2B-33.5%	$3.3B+48.0%	$2.3B
Short-Term Investments	$1.5B-13.2%	$1.7B-2.0%	$1.7B-46.8%	$3.2B-26.9%	$4.4B+23.3%	$3.6B+717.1%	$439.0M+122.8%	$197.0M-80.2%	$996.0M-58.0%	$2.4B+2.2%	$2.3B+11.9%	$2.1B-29.1%	$2.9B+11.2%	$2.6B+82.5%	$1.4B
Accounts Receivable	$5.9B+25.7%	$4.7B+6.6%	$4.4B+7.2%	$4.1B-11.5%	$4.7B+4.6%	$4.5B+62.3%	$2.7B-35.7%	$4.3B+22.1%	$3.5B-4.9%	$3.7B+13.5%	$3.2B-3.5%	$3.4B-2.2%	$3.4B+10.2%	$3.1B-0.5%	$3.1B
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$240.0M0.0%	$240.0M0.0%	$240.0M-14.6%	$281.0M-1.1%	$284.0M+17.4%	$242.0M+8.5%	$223.0M+44.8%	$154.0M0.0%	$154.0M+10.8%	$139.0M+6.1%	$131.0M0.0%	$131.0M0.0%	$131.0M0.0%	$131.0M0.0%	$131.0M
Total Liabilities	$23.5B+0.8%	$23.4B-1.3%	$23.7B+0.7%	$23.5B-6.0%	$25.0B+0.3%	$25.0B+7.2%	$23.3B+58.7%	$14.7B+15.3%	$12.7B+17.3%	$10.9B+19.0%	$9.1B+2.6%	$8.9B+14.4%	$7.8B+20.2%	$6.5B+25.6%	$5.1B
Current Liabilities	$12.5B+18.7%	$10.6B-0.3%	$10.6B+14.4%	$9.3B-13.7%	$10.7B+10.9%	$9.7B+16.8%	$8.3B+5.3%	$7.9B+30.2%	$6.0B+10.3%	$5.5B+2.2%	$5.4B-15.4%	$6.3B+26.0%	$5.0B+26.9%	$4.0B+2.1%	$3.9B
Non-Current Liabilities	$11.0B-14.1%	$12.8B-2.2%	$13.1B-8.3%	$14.3B-0.3%	$14.3B-6.5%	$15.3B+2.0%	$15.0B+120.3%	$6.8B+1.9%	$6.7B+24.3%	$5.4B+42.9%	$3.8B+47.1%	$2.6B-6.7%	$2.7B+9.6%	$2.5B+97.9%	$1.3B
Long-Term Debt	$5.9B-25.4%	$8.0B+0.7%	$7.9B-11.5%	$8.9B+0.1%	$8.9B-5.2%	$9.4B+0.1%	$9.4B+171.5%	$3.5B-0.1%	$3.5B-0.1%	$3.5B+74.2%	$2.0B+84.7%	$1.1B-10.0%	$1.2B-0.9%	$1.2B+430.7%	$228.0M
Total Equity	$14.9B+12.5%	$13.2B-8.4%	$14.4B+3.0%	$14.0B-8.4%	$15.3B+19.7%	$12.8B+58.5%	$8.1B-10.9%	$9.0B-7.9%	$9.8B-20.9%	$12.4B+1.2%	$12.3B-3.5%	$12.7B+17.4%	$10.8B-2.3%	$11.1B+7.4%	$10.3B
Retained Earnings	-$155.0M+78.7%	-$727.0M-175.3%	$965.0M-28.9%	$1.4B-60.9%	$3.5B+9.3%	$3.2B+1764.4%	-$191.0M-111.6%	$1.6B-53.3%	$3.5B-49.1%	$6.9B+66.4%	$4.2B-11.4%	$4.7B-3.8%	$4.9B-13.3%	$5.6B+0.6%	$5.6B

Metric	Q1'2710-Q	Q4'2610-Q	Q3'2610-Q	Q2'2610-Q	Q1'2610-Q	Q4'2510-K	Q3'2510-Q	Q2'2510-Q
Total Assets	$37.8B+1.2%	$38.4B+5.0%	$37.1B-1.9%	$37.8B-0.5%	$37.3B-1.4%	$36.6B-4.0%	$37.8B+1.2%	$38.0B+2.0%
Current Assets	$23.7B-0.9%	$24.6B+5.3%	$23.2B-5.8%	$24.0B-3.9%	$23.9B-4.6%	$23.4B-8.0%	$24.6B-0.6%	$25.0B+1.4%
Cash & Equivalents	$6.9B-1.7%	$7.6B+1.3%	$6.7B-22.6%	$7.0B-12.6%	$7.0B-17.2%	$7.5B-24.3%	$8.6B-4.0%	$8.0B+0.8%
Short-Term Investments	$1.5B-5.5%	$1.5B-13.2%	$1.4B-22.0%	$1.4B-23.1%	$1.6B-14.3%	$1.7B-2.0%	$1.8B+11.1%	$1.8B-11.3%
Accounts Receivable	$5.2B+5.6%	$5.9B+25.7%	$5.4B+19.6%	$5.7B+8.2%	$5.0B+4.2%	$4.7B+6.6%	$4.5B-0.8%	$5.3B+10.9%
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$240.0M0.0%	$240.0M0.0%	$240.0M+0.4%	$240.0M0.0%	$240.0M0.0%	$240.0M0.0%	$239.0M-0.4%	$240.0M-14.6%
Total Liabilities	$22.6B-5.4%	$23.5B+0.8%	$23.0B-3.4%	$23.7B-0.9%	$23.9B-0.2%	$23.4B-1.3%	$23.8B+2.8%	$23.9B+3.8%
Current Liabilities	$11.4B+4.6%	$12.5B+18.7%	$10.8B-3.4%	$11.6B+3.5%	$10.9B+2.7%	$10.6B-0.3%	$11.2B+24.3%	$11.2B+25.0%
Non-Current Liabilities	$11.2B-13.8%	$11.0B-14.1%	$12.1B-3.4%	$12.1B-4.8%	$13.0B-2.6%	$12.8B-2.2%	$12.6B-10.9%	$12.7B-9.8%
Long-Term Debt	$5.9B-26.3%	$5.9B-25.4%	$7.0B-11.6%	$7.0B-12.0%	$8.0B0.0%	$8.0B+0.7%	$8.0B-10.9%	$8.0B-10.7%
Total Equity	$15.2B+13.0%	$14.9B+12.5%	$14.1B+0.6%	$14.1B+0.3%	$13.5B-3.4%	$13.2B-8.4%	$14.0B-1.5%	$14.0B-0.8%
Retained Earnings	-$56.0M+92.0%	-$155.0M+78.7%	-$610.0M-248.6%	-$519.0M-1061.1%	-$700.0M-270.3%	-$727.0M-175.3%	-$175.0M-118.0%	$54.0M-95.3%

Not reported in any period shown, so not listed: Inventory.

NKE Cash Flow Statement

NKE quarterly cash flow statement

Metric	TTM	FY2610-K	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K
Operating Cash Flow	$2.8B	$2.9B-22.4%	$3.7B-50.2%	$7.4B+27.2%	$5.8B+12.6%	$5.2B-22.1%	$6.7B+167.9%	$2.5B-57.9%	$5.9B+19.1%	$5.0B+28.8%	$3.8B+13.2%	$3.4B-27.4%	$4.7B+55.3%	$3.0B-0.6%	$3.0B+56.9%	$1.9B
Depreciation & Amortization	N/A	$747.0M-3.6%	$775.0M-2.6%	$796.0M+13.2%	$703.0M-2.0%	$717.0M-3.6%	$744.0M+3.2%	$721.0M+2.3%	$705.0M-5.6%	$747.0M+5.8%	$706.0M+8.8%	$649.0M+7.1%	$606.0M+17.0%	$518.0M+14.6%	$452.0M+16.8%	$387.0M
Stock-Based Compensation	N/A	$715.0M+0.8%	$709.0M-11.8%	$804.0M+6.5%	$755.0M+18.3%	$638.0M+4.4%	$611.0M+42.4%	$429.0M+32.0%	$325.0M+49.1%	$218.0M+1.4%	$215.0M-8.9%	$236.0M+23.6%	$191.0M+7.9%	$177.0M+1.7%	$174.0M+33.8%	$130.0M
Capital Expenditures	$676.0M	$684.0M+59.1%	$430.0M-47.0%	$812.0M-16.2%	$969.0M+27.8%	$758.0M+9.1%	$695.0M-36.0%	$1.1B-2.9%	$1.1B+8.9%	$1.0B-7.0%	$1.1B-3.3%	$1.1B+18.7%	$963.0M+9.4%	$880.0M+47.2%	$598.0M+6.2%	$563.0M
Free Cash Flow	$2.1B	$2.2B-33.2%	$3.3B-50.6%	$6.6B+35.8%	$4.9B+10.0%	$4.4B-25.7%	$6.0B+326.2%	$1.4B-70.8%	$4.8B+21.8%	$3.9B+43.3%	$2.7B+21.5%	$2.3B-39.3%	$3.7B+74.3%	$2.1B-12.4%	$2.4B+77.8%	$1.4B
Investing Cash Flow	-$621.0M	-$488.0M-77.5%	-$275.0M-130.8%	$894.0M+58.5%	$564.0M+137.0%	-$1.5B+59.9%	-$3.8B-269.6%	-$1.0B-289.4%	-$264.0M-195.7%	$276.0M+127.4%	-$1.0B+2.5%	-$1.0B-490.9%	-$175.0M+85.5%	-$1.2B-28.4%	-$940.0M-260.4%	$586.0M
Financing Cash Flow	-$2.3B	-$2.3B+60.6%	-$5.8B+1.2%	-$5.9B+20.9%	-$7.4B-54.0%	-$4.8B-231.5%	-$1.5B-158.6%	$2.5B+147.1%	-$5.3B-9.5%	-$4.8B-125.1%	-$2.1B+27.8%	-$3.0B-6.6%	-$2.8B+4.3%	-$2.9B-178.9%	-$1.0B+50.2%	-$2.1B
Dividends Paid	$2.4B	$2.4B+4.7%	$2.3B+6.0%	$2.2B+7.8%	$2.0B+9.5%	$1.8B+12.1%	$1.6B+12.8%	$1.5B+9.0%	$1.3B+7.2%	$1.2B+9.7%	$1.1B+10.9%	$1.0B+13.7%	$899.0M+12.5%	$799.0M+13.7%	$703.0M+13.6%	$619.0M
Share Buybacks	$20.0M	$146.0M-95.1%	$3.0B-29.8%	$4.3B-22.4%	$5.5B+36.5%	$4.0B+560.2%	$608.0M-80.2%	$3.1B-28.4%	$4.3B+0.8%	$4.3B+32.0%	$3.2B-0.5%	$3.2B+27.8%	$2.5B-3.6%	$2.6B+57.0%	$1.7B-7.7%	$1.8B

Metric	Q1'2710-Q	Q4'2610-Q	Q3'2610-Q	Q2'2610-Q	Q1'2610-Q	Q4'2510-K	Q3'2510-Q	Q2'2510-Q
Operating Cash Flow	$135.0M-39.2%	$1.6B+253.6%	$430.0M-76.0%	$579.0M-44.8%	$222.0M-43.7%	$463.0M-82.3%	$1.8B-13.0%	$1.0B-62.8%
Depreciation & Amortization	$193.0M+1.6%	$193.0M-3.0%	$185.0M-6.6%	$179.0M-5.8%	$190.0M+1.1%	$199.0M-3.9%	$198.0M-4.3%	$190.0M-0.5%
Stock-Based Compensation	$158.0M-14.6%	N/A	N/A	N/A	$185.0M+1.1%	N/A	N/A	N/A
Capital Expenditures	$199.0M-3.9%	$138.0M+38.0%	$146.0M+80.2%	$193.0M+49.6%	$207.0M+72.5%	$100.0M-53.1%	$81.0M-42.6%	$129.0M-37.1%
Free Cash Flow	-$64.0M-526.7%	$1.5B+312.9%	$284.0M-83.4%	$386.0M-58.0%	$15.0M-94.5%	$363.0M-84.9%	$1.7B-10.8%	$920.0M-64.8%
Investing Cash Flow	-$192.0M-225.4%	-$212.0M-1614.3%	-$168.0M-242.9%	-$49.0M+33.8%	-$59.0M+64.5%	$14.0M+104.8%	-$49.0M-115.9%	-$74.0M-116.2%
Financing Cash Flow	-$618.0M-3.3%	-$514.0M+68.7%	-$601.0M+45.7%	-$579.0M+60.0%	-$598.0M+63.1%	-$1.6B-15.8%	-$1.1B+16.0%	-$1.4B+6.7%
Dividends Paid	$610.0M+3.2%	$609.0M+3.0%	$611.0M+2.9%	$611.0M+2.3%	$591.0M+5.9%	$591.0M+5.5%	$594.0M+5.9%	$597.0M+5.7%
Share Buybacks	$0-100.0%	$0-100.0%	$0-100.0%	$20.0M-98.2%	$126.0M-89.4%	$199.0M-80.8%	$506.0M-42.7%	$1.1B-8.5%

NKE Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

NKE quarterly financial ratios

Metric	FY2610-K	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K
Gross Margin	42.9%+0.2pp	42.7%-1.8pp	44.6%+1.0pp	43.5%-2.5pp	46.0%+1.2pp	44.8%+1.4pp	43.4%-1.3pp	44.7%+0.8pp	43.8%-0.7pp	44.6%-1.7pp	46.2%+0.3pp	46.0%+1.2pp	44.8%+1.2pp	43.6%+0.1pp	43.5%
Net Margin	6.7%-0.3pp	7.0%-4.1pp	11.1%+1.2pp	9.9%-3.0pp	12.9%+0.1pp	12.9%+6.1pp	6.8%-3.5pp	10.3%+5.0pp	5.3%-7.0pp	12.3%+0.7pp	11.6%+0.9pp	10.7%+1.0pp	9.7%-0.1pp	9.8%+0.3pp	9.5%
Return on Equity	20.9%-3.5pp	24.4%-15.1pp	39.5%+3.3pp	36.2%-3.4pp	39.6%-5.3pp	44.9%+13.3pp	31.5%-13.1pp	44.6%+24.9pp	19.7%-14.5pp	34.2%+3.5pp	30.7%+4.9pp	25.8%+0.9pp	24.9%+2.6pp	22.3%+0.9pp	21.4%
Return on Assets	8.1%-0.7pp	8.8%-6.2pp	15.0%+1.5pp	13.5%-1.5pp	15.0%-0.2pp	15.2%+7.1pp	8.1%-8.9pp	17.0%+8.4pp	8.6%-9.6pp	18.2%+0.6pp	17.6%+2.4pp	15.2%+0.7pp	14.5%+0.4pp	14.1%-0.2pp	14.3%
Current Ratio	1.96-0.3x	2.21-0.2x	2.40-0.3x	2.72+0.1x	2.63-0.1x	2.72+0.2x	2.48+0.4x	2.10-0.4x	2.51-0.4x	2.93+0.1x	2.80+0.3x	2.46-0.3x	2.72-0.7x	3.44+0.4x	3.05
Debt-to-Equity	0.40-0.2x	0.60+0.1x	0.55-0.1x	0.64+0.1x	0.58-0.2x	0.74-0.4x	1.17+0.8x	0.380.0x	0.35+0.1x	0.28+0.1x	0.16+0.1x	0.080.0x	0.110.0x	0.11+0.1x	0.02
Asset Turnover	1.21-0.1x	1.27-0.1x	1.350.0x	1.36+0.2x	1.160.0x	1.180.0x	1.19-0.5x	1.650.0x	1.62+0.1x	1.480.0x	1.51+0.1x	1.42-0.1x	1.50+0.1x	1.44-0.1x	1.51
FCF Margin	4.7%-2.3pp	7.1%-5.8pp	12.9%+3.4pp	9.5%0.0pp	9.5%-3.9pp	13.4%+9.6pp	3.7%-8.5pp	12.2%+1.4pp	10.8%+2.8pp	8.0%+1.0pp	7.0%-5.2pp	12.2%+4.5pp	7.7%-1.9pp	9.6%+3.7pp	5.9%

Metric	Q1'2710-Q	Q4'2610-Q	Q3'2610-Q	Q2'2610-Q	Q1'2610-Q	Q4'2510-K	Q3'2510-Q	Q2'2510-Q
Gross Margin	42.8%+0.6pp	49.1%+8.9pp	40.2%-1.3pp	40.6%-3.0pp	42.2%-3.2pp	40.3%-4.4pp	41.5%-3.3pp	43.6%-1.0pp
Net Margin	6.3%+0.2pp	9.7%+7.8pp	4.6%-2.4pp	6.4%-3.0pp	6.2%-2.9pp	1.9%-10.0pp	7.0%-2.4pp	9.4%-2.4pp
Return on Equity	4.7%-0.7pp	7.2%+5.6pp	3.7%-2.0pp	5.6%-2.7pp	5.4%-2.1pp	1.6%-8.8pp	5.7%-2.6pp	8.3%-2.9pp
Return on Assets	1.9%-0.1pp	2.8%+2.2pp	1.4%-0.7pp	2.1%-1.0pp	1.9%-0.8pp	0.6%-3.4pp	2.1%-1.0pp	3.1%-1.2pp
Current Ratio	2.07-0.1x	1.96-0.3x	2.14-0.1x	2.06-0.2x	2.19-0.2x	2.21-0.2x	2.19-0.5x	2.22-0.5x
Debt-to-Equity	0.39-0.2x	0.40-0.2x	0.50-0.1x	0.50-0.1x	0.590.0x	0.60+0.1x	0.57-0.1x	0.57-0.1x
Asset Turnover	0.300.0x	0.290.0x	0.300.0x	0.330.0x	0.310.0x	0.300.0x	0.300.0x	0.330.0x
FCF Margin	-0.6%-0.7pp	13.7%+10.4pp	2.5%-12.7pp	3.1%-4.3pp	0.1%-2.2pp	3.3%-15.8pp	15.2%-0.3pp	7.4%-12.1pp

Not reported in any period shown, so not listed: Operating Margin.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
Nike, Inc. NKE	FY2026	$46.4B	$3.1B	6.7%	$55.1B	32/100
Deckers Outdoor Corp DECK	FY2026	$5.5B	$1.0B	18.7%	$11.7B	82/100
Skechers U.S.A., Inc. SKX	FY2024	$9.0B	$639.5M	7.1%	$9.5B	69/100
Wolverine World Wide, Inc. WWW	FY2025	$1.9B	$95.8M	5.1%	$1.6B	37/100

Where Nike, Inc. Ranks

Frequently Asked Questions

What is Nike, Inc.'s annual revenue?

Nike, Inc. (NKE) reported $46.4B in total revenue for fiscal year 2026. This represents a 0.2% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Nike, Inc.'s revenue growing?

Nike, Inc. (NKE) revenue grew by 0.2% year-over-year, from $46.3B to $46.4B in fiscal year 2026.

Is Nike, Inc. profitable?

Yes, Nike, Inc. (NKE) reported a net income of $3.1B in fiscal year 2026, with a net profit margin of 6.7%.

How much debt does Nike, Inc. have?

As of fiscal year 2026, Nike, Inc. (NKE) had $7.6B in cash and equivalents against $5.9B in long-term debt.

What is Nike, Inc.'s gross margin?

Nike, Inc. (NKE) had a gross margin of 42.9% in fiscal year 2026, indicating the percentage of revenue retained after direct costs of goods sold.

What is Nike, Inc.'s net profit margin?

Nike, Inc. (NKE) had a net profit margin of 6.7% in fiscal year 2026, representing the share of revenue converted into profit after all expenses.

Does Nike, Inc. pay dividends?

Yes, Nike, Inc. (NKE) paid $1.63 per share in dividends during fiscal year 2026.

What is Nike, Inc.'s return on equity (ROE)?

Nike, Inc. (NKE) has a return on equity of 20.9% for fiscal year 2026, measuring how efficiently the company generates profit from shareholder equity.

What is Nike, Inc.'s free cash flow?

Nike, Inc. (NKE) generated $2.2B in free cash flow during fiscal year 2026. This represents a -33.2% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Nike, Inc.'s operating cash flow?

Nike, Inc. (NKE) generated $2.9B in operating cash flow during fiscal year 2026, representing cash generated from core business activities.

What are Nike, Inc.'s total assets?

Nike, Inc. (NKE) had $38.4B in total assets as of fiscal year 2026, including both current and long-term assets.

What are Nike, Inc.'s capital expenditures?

Nike, Inc. (NKE) invested $684.0M in capital expenditures during fiscal year 2026, funding long-term assets and infrastructure.

Does Nike, Inc. buy back shares?

Yes, Nike, Inc. (NKE) spent $146.0M on share buybacks during fiscal year 2026, returning capital to shareholders by reducing shares outstanding.

What is Nike, Inc.'s current ratio?

Nike, Inc. (NKE) had a current ratio of 1.96 as of fiscal year 2026, which is generally considered healthy.

What is Nike, Inc.'s debt-to-equity ratio?

Nike, Inc. (NKE) had a debt-to-equity ratio of 0.40 as of fiscal year 2026, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Nike, Inc.'s return on assets (ROA)?

Nike, Inc. (NKE) had a return on assets of 8.1% for fiscal year 2026, measuring how efficiently the company uses its assets to generate profit.

What is Nike, Inc.'s P/E ratio?

Nike, Inc. (NKE) trades at 17.8x earnings, its market capitalization divided by net income of $3.1B net income, trailing 12 months to August 31, 2026. The market capitalization is $55.1B as of Oct 17, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Nike, Inc.'s price-to-sales ratio?

Nike, Inc. (NKE) trades at 1.2x sales, its market capitalization divided by revenue of $45.9B revenue, trailing 12 months to August 31, 2026. The market capitalization is $55.1B as of Oct 17, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Nike, Inc.'s Piotroski F-Score?

Nike, Inc. (NKE) has a Piotroski F-Score of 4 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Nike, Inc.'s earnings high quality?

Nike, Inc. (NKE) has an earnings quality ratio of 0.92x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

How financially healthy is Nike, Inc.?

Nike, Inc. (NKE) scores 32 out of 100 on our Financial Health Score, indicating weak standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.