NIKE revenue and financials
$34.61Change from previous close: +1.91%Absolute change: +$0.65
In the fiscal year ended May 2026, NIKE reported revenue of $46.4B (+0.19% year over year). Net income was $3.11B, a net margin of 6.7%.
Fiscal year ending in May. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +0.19%
- FY to May 2026 vs FY to May 2025
- Net income growth
- −3.45%
- FY to May 2026 vs FY to May 2025
- Net margin
- 6.7%
- FY to May 2025: 7.0%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | Q to Aug 2026 | Q to May 2026 | Q to Feb 2026 | Q to Nov 2025 | Q to Aug 2025 | Q to May 2025 | Q to Feb 2025 | Q to Nov 2024 | Q to Aug 2024 | Q to May 2024 | Q to Feb 2024 | Q to Nov 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 135 | 1,637 | 430 | 579 | 222 | 463 | 1,792 | 1,049 | 394 | 2,619 | 2,059 | 2,817 |
| Depreciation and amortization | 193 | 193 | 185 | 179 | 190 | 199 | 198 | 190 | 188 | 156 | 270 | 184 |
| Capital expenditure | -199 | -138 | -146 | -193 | -207 | -100 | -81.0 | -129 | -120 | -213 | -141 | -205 |
| Investing cash flow | -192 | -212 | -168 | -49.0 | -59.0 | 14.0 | -49.0 | -74.0 | -166 | -290 | 309 | 457 |
| Financing cash flow | -618 | -514 | -601 | -579 | -598 | -1,644 | -1,106 | -1,448 | -1,622 | -1,420 | -1,317 | -1,552 |
| Dividends paid | -610 | -609 | -609 | -598 | -591 | -591 | -594 | -557 | -558 | -560 | -562 | -523 |
| Share repurchases | — | 0.0 | 0.0 | -20.0 | -126 | -199 | -506 | -1,096 | -1,184 | -1,036 | -883 | -1,198 |
| Debt issued | — | — | — | — | — | — | -43.0 | 37.0 | 6.0 | — | — | — |
| Debt repaid | — | 4.0 | — | -3.0 | — | -998 | -2.0 | — | — | — | — | — |
| Effect of exchange rates | 15.0 | -8.0 | 25.0 | -1.0 | -5.0 | 30.0 | -15.0 | -33.0 | 19.0 | -9.0 | -10.0 | 19.0 |
| Net change in cash | -660 | 903 | -314 | -50.0 | -440 | -1,137 | 622 | -506 | -1,375 | 900 | 1,041 | 1,741 |
| Free cash flow | -64.0 | 1,499 | 284 | 386 | 15.0 | 363 | 1,711 | 920 | 274 | 2,406 | 1,918 | 2,612 |
| Levered free cash flow | -191 | 1,322 | 452 | 138 | -68.3 | 746 | 1,761 | 1,190 | 27.5 | 2,016 | 1,930 | 2,555 |