NIKE, Inc.
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NKE Q2 2026 request
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Income Statement
| Metric | Q2 2026 | Q2 2025 | YoY |
|---|---|---|---|
| Revenue | 12,427 | 12,354 | +0.6% |
Show Product Lines breakouts |
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| 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 |
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| 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 |
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| 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 |
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| 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 |
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| 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 |
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| Corporate Non Segment | -6 | -22 | +72.7% |
| Gross Profit | 5,045 | 5,389 | -6.4% |
Show Business Segments breakouts |
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| 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 |
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| Corporate Non Segment | 9 | -3 | +400.0% |
| Marketing And Advertising Expense | 1,273 | 1,122 | +13.5% |
Show Business Segments breakouts |
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| 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 |
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| Corporate Non Segment | 3 | 4 | -25.0% |
| General & Administrative | 2,766 | 2,883 | -4.1% |
Show Business Segments breakouts |
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| 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 |
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| Corporate Non Segment | 496 | 557 | -11.0% |
| Selling, General & Administrative | 4,039 | 4,005 | +0.8% |
Show Business Segments breakouts |
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| 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 |
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| 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 |
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| 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 |
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| 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
| 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 |
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| 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 |
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| 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 |
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| 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 |
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| 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 |
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| 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
| Metric | YTD Q2 2026 | YTD Q2 2025 | YoY |
|---|---|---|---|
| Operating Activities | |||
| Depreciation & Amortization | 369 | 378 | -2.4% |
Show Business Segments breakouts |
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| 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 |
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| 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.