NIKE, Inc.

NKE 10-Q · Q2 2026

NKE Q2 2026 request

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Income Statement

Income Statement
Metric Q2 2026 Q2 2025 YoY
Revenue 12,427 12,354 +0.6%
Show Product Lines breakouts
Apparel 3,921 3,764 +4.2%
Apparel · CONVERSE 15 26 -42.3%
Apparel · NIKE Brand 3,906 3,738 +4.5%
Apparel · NIKE Brand 457 437 +4.6%
Apparel · NIKE Brand 1,196 1,136 +5.3%
Apparel · NIKE Brand 442 472 -6.4%
Apparel · NIKE Brand 1,811 1,693 +7.0%
Equipment 555 550 +0.9%
Equipment · CONVERSE 5 6 -16.7%
Equipment · NIKE Brand 550 544 +1.1%
Equipment · NIKE Brand 59 73 -19.2%
Equipment · NIKE Brand 184 185 -0.5%
Equipment · NIKE Brand 27 36 -25.0%
Equipment · NIKE Brand 280 250 +12.0%
Footwear 7,914 8,019 -1.3%
Footwear · CONVERSE 255 364 -29.9%
Footwear · NIKE Brand 7,659 7,655 +0.1%
Footwear · NIKE Brand 1,151 1,234 -6.7%
Footwear · NIKE Brand 2,012 1,982 +1.5%
Footwear · NIKE Brand 954 1,203 -20.7%
Footwear · NIKE Brand 3,542 3,236 +9.5%
Product And Service Other 37 21 +76.2%
Product And Service Other · CONVERSE 25 33 -24.2%
Product And Service Other · Corporate Non Segment 3 -25 +112.0%
Product And Service Other · Material Reconciling Items 9 13 -30.8%
Product And Service Other · NIKE Brand 9 13 -30.8%
Show Business Segments breakouts
CONVERSE · Operating Segments 25 33 -24.2%
CONVERSE · Operating Segments 143 212 -32.5%
CONVERSE · Operating Segments 132 184 -28.3%
CONVERSE · Operating Segments 300 429 -30.1%
NIKE Brand · ASIA PACIFIC & LATIN AMERICA 994 1,030 -3.5%
NIKE Brand · ASIA PACIFIC & LATIN AMERICA 673 714 -5.7%
NIKE Brand · ASIA PACIFIC & LATIN AMERICA 1,667 1,744 -4.4%
NIKE Brand · EUROPE, MIDDLE EAST & AFRICA 2,188 2,120 +3.2%
NIKE Brand · EUROPE, MIDDLE EAST & AFRICA 1,204 1,183 +1.8%
NIKE Brand · EUROPE, MIDDLE EAST & AFRICA 3,392 3,303 +2.7%
NIKE Brand · GREATER CHINA 767 904 -15.2%
NIKE Brand · GREATER CHINA 656 807 -18.7%
NIKE Brand · GREATER CHINA 1,423 1,711 -16.8%
NIKE Brand · Material Reconciling Items 9 13 -30.8%
NIKE Brand · NORTH AMERICA 3,550 2,866 +23.9%
NIKE Brand · NORTH AMERICA 2,083 2,313 -9.9%
NIKE Brand · NORTH AMERICA 5,633 5,179 +8.8%
NIKE Brand · Operating Segments 9 13 -30.8%
NIKE Brand · Operating Segments 7,499 6,920 +8.4%
NIKE Brand · Operating Segments 4,616 5,017 -8.0%
NIKE Brand · Operating Segments 12,124 11,950 +1.5%
Show Consolidation Items breakouts
Corporate Non Segment 3 -25 +112.0%
Corporate Non Segment · Other 3 -25 +112.0%
Material Reconciling Items 9 13 -30.8%
Material Reconciling Items · Other 9 13 -30.8%
Show Contract With Customer Sales Channel breakouts
Other 37 21 +76.2%
Sales Channel Directly To Consumer 4,748 5,201 -8.7%
Sales to Wholesale Customers 7,642 7,132 +7.2%
Cost of Revenue 7,382 6,965 +6.0%
Show Business Segments breakouts
CONVERSE · Operating Segments 176 222 -20.7%
NIKE Brand · ASIA PACIFIC & LATIN AMERICA 964 977 -1.3%
NIKE Brand · EUROPE, MIDDLE EAST & AFRICA 1,925 1,788 +7.7%
NIKE Brand · GREATER CHINA 836 957 -12.6%
NIKE Brand · Material Reconciling Items 152 147 +3.4%
NIKE Brand · NORTH AMERICA 3,335 2,896 +15.2%
NIKE Brand · Operating Segments 7,212 6,765 +6.6%
Show Consolidation Items breakouts
Corporate Non Segment -6 -22 +72.7%
Gross Profit 5,045 5,389 -6.4%
Show Business Segments breakouts
CONVERSE · Operating Segments 124 207 -40.1%
NIKE Brand · ASIA PACIFIC & LATIN AMERICA 703 767 -8.3%
NIKE Brand · EUROPE, MIDDLE EAST & AFRICA 1,467 1,515 -3.2%
NIKE Brand · GREATER CHINA 587 754 -22.1%
NIKE Brand · Material Reconciling Items -143 -134 -6.7%
NIKE Brand · NORTH AMERICA 2,298 2,283 +0.7%
NIKE Brand · Operating Segments 4,912 5,185 -5.3%
Show Consolidation Items breakouts
Corporate Non Segment 9 -3 +400.0%
Marketing And Advertising Expense 1,273 1,122 +13.5%
Show Business Segments breakouts
CONVERSE · Operating Segments 24 43 -44.2%
NIKE Brand · ASIA PACIFIC & LATIN AMERICA 109 98 +11.2%
NIKE Brand · EUROPE, MIDDLE EAST & AFRICA 334 313 +6.7%
NIKE Brand · GREATER CHINA 145 135 +7.4%
NIKE Brand · Material Reconciling Items 185 147 +25.9%
NIKE Brand · NORTH AMERICA 473 382 +23.8%
NIKE Brand · Operating Segments 1,246 1,075 +15.9%
Show Consolidation Items breakouts
Corporate Non Segment 3 4 -25.0%
General & Administrative 2,766 2,883 -4.1%
Show Business Segments breakouts
CONVERSE · Operating Segments 104 111 -6.3%
NIKE Brand · ASIA PACIFIC & LATIN AMERICA 206 209 -1.4%
NIKE Brand · EUROPE, MIDDLE EAST & AFRICA 399 372 +7.3%
NIKE Brand · GREATER CHINA 252 252 0.0%
NIKE Brand · Material Reconciling Items 744 851 -12.6%
NIKE Brand · NORTH AMERICA 565 531 +6.4%
NIKE Brand · Operating Segments 2,166 2,215 -2.2%
Show Consolidation Items breakouts
Corporate Non Segment 496 557 -11.0%
Selling, General & Administrative 4,039 4,005 +0.8%
Show Business Segments breakouts
CONVERSE · Operating Segments 128 154 -16.9%
NIKE Brand · ASIA PACIFIC & LATIN AMERICA 315 307 +2.6%
NIKE Brand · EUROPE, MIDDLE EAST & AFRICA 733 685 +7.0%
NIKE Brand · GREATER CHINA 397 387 +2.6%
NIKE Brand · Material Reconciling Items 929 998 -6.9%
NIKE Brand · NORTH AMERICA 1,038 913 +13.7%
NIKE Brand · Operating Segments 3,412 3,290 +3.7%
Show Consolidation Items breakouts
Corporate Non Segment 499 561 -11.1%
Interest Income Expense Nonoperating Net -9 -24 +62.5%
Other Non-Operating Income (Expense) 16 -8 +300.0%
Income Before Taxes 999 1,416 -29.4%
Income Tax Expense (Benefit) 207 253 -18.2%
Net Income 792 1,163 -31.9%
Show Equity Components breakouts
Retained Earnings 792 1,163 -31.9%
EPS (Basic) 0.54 0.78 -30.8%
EPS (Diluted) 0.53 0.78 -32.1%
Wtd Avg Shares (Basic) 1,479.5 1,486.8 -0.5%
Wtd Avg Shares (Diluted) 1,481 1,490 -0.6%
Interest Income 62 97 -36.1%
Comprehensive Income 996 1,392 -28.4%
Other Comprehensive Income 204 229 -10.9%
Show Equity Components breakouts
Accumulated Gain Loss Net Cash Flow Hedge Parent 258 450 -42.7%
Accumulated Other Adjustments, Parent [Member] 1 3 -66.7%
Accumulated Other Comprehensive Income 204 229 -10.9%
Accumulated Translation Adjustment -55 -224 +75.4%

Balance Sheet

Balance Sheet
Metric Q2 2026 Q2 2025 YoY
Current Assets
Cash & Cash Equivalents 6,974 7,979 -12.6%
Debt Securities Available For Sale Excluding Accrued Interest Current 1,371 1,782 -23.1%
Show Fair Value Hierarchy breakouts
Fair Value Inputs Level1 · US Treasury Securities 701
Fair Value Inputs Level2 670
Fair Value Inputs Level2 · Commercial paper and bonds 648
Fair Value Inputs Level2 · US Government Agencies Debt Securities 22
Accounts Receivable 5,738
Inventory Finished Goods Net Of Reserves 7,726
Show Business Segments breakouts
CONVERSE · Operating Segments 229
NIKE Brand · ASIA PACIFIC & LATIN AMERICA 1,001
NIKE Brand · EUROPE, MIDDLE EAST & AFRICA 2,172
NIKE Brand · GREATER CHINA 1,074
NIKE Brand · Material Reconciling Items 152
NIKE Brand · NORTH AMERICA 3,261
NIKE Brand · Operating Segments 7,660
Show Consolidation Items breakouts
Corporate Non Segment -163
Prepaid Expenses & Other Current Assets 2,206 1,936 +13.9%
Total Current Assets 24,015 24,980 -3.9%
Non-Current Assets
Property, Plant & Equipment 4,843
Operating Lease Right-of-Use Assets 2,894 2,736 +5.8%
Goodwill 240 240 0.0%
Deferred Income Taxes And Other Assets Noncurrent 5,536 4,887 +13.3%
Total Assets 37,787 37,959 -0.5%
Other Assets
Intangible Assets Net Excluding Goodwill 259 259 0.0%
Current Liabilities
Current Portion of Long-Term Debt 999 1,000 -0.1%
Accounts Payable 3,717 3,255 +14.2%
Operating Lease Liability Current 513 481 +6.7%
Accrued Liabilities 5,919 5,694 +4.0%
Accrued Income Taxes Current 492 767 -35.9%
Total Current Liabilities 11,640 11,246 +3.5%
Non-Current Liabilities
Long-Term Debt 7,016 7,973 -12.0%
Operating Lease Liabilities 2,754 2,562 +7.5%
Deferred Income Taxes And Other Liabilities Noncurrent 2,292 2,141 +7.1%
Stockholders' Equity
Common Stock (Q)
Show Statement Class Of Stock breakouts
Common Class B 3 3 0.0%
Additional Paid In Capital Common Stock 14,705 13,778 +6.7%
Accumulated Other Comprehensive Income -104 202 -151.5%
Retained Earnings -519 54 -1061.1%
Total Stockholders' Equity 14,085 14,037 +0.3%
Show Equity Components breakouts
Accumulated Gain Loss Net Cash Flow Hedge Parent -135 470 -128.7%
Accumulated Other Adjustments, Parent [Member] -49 -41 -19.5%
Accumulated Other Comprehensive Income -104 202 -151.5%
Accumulated Translation Adjustment -35 -342 +89.8%
Additional Paid In Capital 14,705 13,778 +6.7%
Common Stock · Common Class B 3 3 0.0%
NET INVESTMENT HEDGES 115 115 0.0%
Retained Earnings -519 54 -1061.1%
Total Liabilities & Equity 37,787 37,959 -0.5%

Cash Flow Statement

Cash Flow Statement
Metric YTD Q2 2026 YTD Q2 2025 YoY
Operating Activities
Depreciation & Amortization 369 378 -2.4%
Show Business Segments breakouts
CONVERSE · Operating Segments 4 8 -50.0%
NIKE Brand · ASIA PACIFIC & LATIN AMERICA 29 24 +20.8%
NIKE Brand · EUROPE, MIDDLE EAST & AFRICA 76 71 +7.0%
NIKE Brand · GREATER CHINA 22 26 -15.4%
NIKE Brand · Material Reconciling Items 109 116 -6.0%
NIKE Brand · NORTH AMERICA 71 70 +1.4%
NIKE Brand · Operating Segments 307 307 0.0%
Show Consolidation Items breakouts
Corporate Non Segment 58 63 -7.9%
Deferred Income Taxes -68 -188 +63.8%
Stock-Based Compensation 361 375 -3.7%
Asset Impairment Charges 9 -9 +200.0%
Foreign Currency Transaction Gain Loss Unrealized 54 54 0.0%
Change in Accounts Receivable -1,021 -943 -8.3%
Change in Inventory -257 -547 +53.0%
Change in Prepaid & Other Assets 111 140 -20.7%
Increase Decrease In Accounts Payable And Other Operating Liabilities -276 -31 -790.3%
Net Cash from Operations 801 1,443 -44.5%
Investing Activities
Purchases of Investments -636 -2,084 +69.5%
Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities 395 197 +100.5%
Proceeds From Sale Of Available For Sale Securities Debt 536 1,886 -71.6%
Capital Expenditures -400 -249 -60.6%
Other Investing Activities -3 10 -130.0%
Net Cash from Investing -108 -240 +55.0%
Financing Activities
Proceeds From Repayments Of Notes Payable -4 43 -109.3%
Proceeds From Issuance Or Sale Of Equity 234 345 -32.2%
Share Repurchases -146 -2,280 +93.6%
Payments Of Dividends Common Stock -1,189 -1,115 -6.6%
Proceeds From Payments For Other Financing Activities -72 -63 -14.3%
Net Cash from Financing -1,177 -3,070 +61.7%
Supplemental
Unpaid Capital Expenditures 107 85 +25.9%
Dividends Payable Current And Noncurrent 611 597 +2.3%
Other Cash Flow
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents -6 -14 +57.1%
Net Change in Cash -490 -1,881 +74.0%
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents 6,974 7,979 -12.6%

Values in millions USD. Source: SEC EDGAR 10-Q filing.

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