NKE financial statements

The full income statement, balance sheet, and cash-flow statement for Nike Inc. (NKE), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.

Shares outstanding (point-in-time)

2024-05 1.50B2024-08 1.49B2024-11 1.48B2025-02 1.48B2025-05 1.48B2025-08 1.48B2025-11 1.48B2026-02 1.48B2026-05 1.48B-1.1% over 8 periods

SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.

PeriodRangeOrderChangeYoYQoQFiguresAs-reported fiscal years.

Line item	FY2026	FY2025	FY2024	FY2023	FY2022
Income Statement	as ofMay 31 ’26	as ofMay 31 ’25	as ofMay 31 ’24	as ofMay 31 ’23	as ofMay 31 ’22
Revenue	46.4B YoY+0.2%	46.3B YoY-9.8%	51.4B YoY+0.3%	51.2B YoY+9.6%	46.7B YoY+4.9%
	19.9B YoY+0.6%	19.8B YoY-13.5%	22.9B YoY+2.7%	22.3B YoY+3.8%	21.5B YoY+7.6%
Cost of revenue	26.5B YoY-0.1%	26.5B YoY-6.9%	28.5B YoY-1.6%	28.9B YoY+14.6%	25.2B YoY+2.7%
Selling, general & administrative	16.1B YoY+0.2%	16.1B YoY-2.9%	16.6B YoY+1.2%	16.4B YoY+10.6%	14.8B YoY+13.7%
General & administrative	11.4B YoY-0.3%	11.4B YoY-7.3%	12.3B YoY-0.2%	12.3B YoY+12.4%	11.0B YoY+10.5%
Restructuring	—	—	443M	—	—
Interest & investment income	278M YoY-31.2%	404M YoY-6.0%	430M YoY+44.8%	297M YoY+216.0%	94.0M
Other non-operating income	53.0M YoY-30.3%	76.0M YoY-66.7%	228M YoY-18.6%	280M YoY+54.7%	181M YoY+1392.9%
Pre-tax income	3.90B YoY+0.4%	3.88B YoY-42.0%	6.70B YoY+8.0%	6.20B YoY-6.8%	6.65B YoY-0.2%
Income tax	792M YoY+18.9%	666M YoY-33.4%	1.00B YoY-11.6%	1.13B YoY+86.9%	605M YoY-35.2%
Net income	3.11B YoY-3.4%	3.22B YoY-43.5%	5.70B YoY+12.4%	5.07B YoY-16.1%	6.05B YoY+5.6%
	$2.10 YoY-2.8%	$2.16 YoY-42.1%	$3.73 YoY+15.5%	$3.23 YoY-13.9%	$3.75 YoY+5.3%
EPS (basic)	$2.10 YoY-3.2%	$2.17 YoY-42.3%	$3.76 YoY+15.0%	$3.27 YoY-14.6%	$3.83 YoY+5.2%
	1.48B YoY-0.3%	1.48B YoY-2.2%	1.52B YoY-2.2%	1.55B YoY-1.7%	1.58B YoY+0.4%
	1.48B YoY-0.4%	1.49B YoY-2.8%	1.53B YoY-2.6%	1.57B YoY-2.5%	1.61B YoY+0.1%
Dividends per share	$1.63 YoY+3.8%	$1.57 YoY+8.3%	$1.45 YoY+9.4%	$1.32 YoY+11.3%	$1.19 YoY+11.2%
Balance Sheet	as ofMay 31 ’26	as ofMay 31 ’25	as ofMay 31 ’24	as ofMay 31 ’23	as ofMay 31 ’22
	24.6B YoY+5.3%	23.4B YoY-8.0%	25.4B YoY+0.7%	25.2B YoY-10.7%	28.2B YoY+7.3%
Cash & equivalents	7.56B YoY+1.3%	7.46B YoY-24.3%	9.86B YoY+32.5%	7.44B YoY-13.2%	8.57B YoY-13.3%
Accounts receivable	5.93B YoY+25.7%	4.72B YoY+6.6%	4.43B YoY+7.2%	4.13B YoY-11.5%	4.67B YoY+4.6%
Prepaid expenses	2.14B YoY+6.9%	2.00B YoY+8.1%	1.85B YoY-4.5%	1.94B YoY-8.8%	2.13B YoY+42.1%
	38.4B YoY+5.0%	36.6B YoY-4.0%	38.1B YoY+1.5%	37.5B YoY-6.9%	40.3B YoY+6.8%
Property, plant & equipment	4.80B YoY-0.7%	4.83B YoY-3.4%	5.00B YoY-1.6%	5.08B YoY+6.1%	4.79B YoY-2.3%
Operating lease right-of-use	2.84B YoY+4.6%	2.71B YoY-0.2%	2.72B YoY-7.0%	2.92B YoY-0.1%	2.93B YoY-6.0%
Goodwill	240M YoY+0.0%	240M YoY+0.0%	240M YoY-14.6%	281M YoY-1.1%	284M YoY+17.4%
Intangible assets	259M YoY+0.0%	259M YoY+0.0%	259M YoY-5.5%	274M YoY-4.2%	286M YoY+6.3%
	12.5B YoY+18.7%	10.6B YoY-0.3%	10.6B YoY+14.4%	9.26B YoY-13.7%	10.7B YoY+10.9%
Accounts payable	3.60B YoY+3.5%	3.48B YoY+22.0%	2.85B YoY-0.4%	2.86B YoY-14.8%	3.36B YoY+18.4%
Accrued liabilities	6.09B YoY+3.0%	5.92B YoY+3.3%	5.72B YoY+0.0%	5.72B YoY-8.0%	6.22B YoY+2.6%
Short-term & current debt	2.00B	0.00 YoY-100.0%	1.00B	0.00 YoY-100.0%	500M
Current lease liability	478M YoY-4.8%	502M YoY+5.2%	477M YoY+12.2%	425M YoY+1.2%	420M YoY-10.1%
Long-term debt	5.94B YoY-25.4%	7.96B YoY+0.7%	7.90B YoY-11.5%	8.93B YoY+0.1%	8.92B YoY-5.2%
Non-current lease liability	2.61B YoY+2.5%	2.55B YoY-0.6%	2.57B YoY-7.9%	2.79B YoY+0.3%	2.78B YoY-5.3%
Operating lease liability (total)	3.09B YoY+1.3%	3.05B YoY+0.3%	3.04B YoY-5.2%	3.21B YoY+0.4%	3.20B YoY-5.9%
	14.9B YoY+12.5%	13.2B YoY-8.4%	14.4B YoY+3.0%	14.0B YoY-8.4%	15.3B YoY+19.7%
Additional paid-in capital	15.2B YoY+6.8%	14.2B YoY+5.9%	13.4B YoY+8.0%	12.4B YoY+8.1%	11.5B YoY+15.2%
Retained earnings	-155M YoY+78.7%	-727M YoY-175.3%	965M YoY-28.9%	1.36B YoY-60.9%	3.48B YoY+9.3%
Accumulated other comprehensive income	-141M YoY+45.3%	-258M YoY-586.8%	53.0M YoY-77.1%	231M YoY-27.4%	318M YoY+183.7%
Total liabilities & equity	38.4B YoY+5.0%	36.6B YoY-4.0%	38.1B YoY+1.5%	37.5B YoY-6.9%	40.3B YoY+6.8%
Cash Flow	as ofMay 31 ’26	as ofMay 31 ’25	as ofMay 31 ’24	as ofMay 31 ’23	as ofMay 31 ’22
	2.87B YoY-22.4%	3.70B YoY-50.2%	7.43B YoY+27.2%	5.84B YoY+12.6%	5.19B YoY-22.1%
Depreciation & amortization	747M YoY-3.6%	775M YoY-2.6%	796M YoY+13.2%	703M YoY-2.0%	717M YoY-3.6%
Share-based compensation	715M YoY+0.8%	709M YoY-11.8%	804M YoY+6.5%	755M YoY+18.3%	638M YoY+4.4%
Deferred income taxes	-96.0M YoY+66.7%	-288M YoY+42.1%	-497M YoY-324.8%	-117M YoY+82.0%	-650M YoY-68.8%
Change in receivables	1.21B YoY+369.6%	257M YoY-21.9%	329M YoY+167.3%	-489M YoY-197.0%	504M YoY-68.6%
Change in inventory	31.0M YoY+125.8%	-120M YoY+86.8%	-908M YoY-782.7%	133M YoY-92.1%	1.68B YoY+430.6%
	-488M YoY-77.5%	-275M YoY-130.8%	894M YoY+58.5%	564M YoY+137.0%	-1.52B YoY+59.9%
Capital expenditure	684M YoY+59.1%	430M YoY-47.0%	812M YoY-16.2%	969M YoY+27.8%	758M YoY+9.1%
Free cash flow	2.18B YoY-33.2%	3.27B YoY-50.6%	6.62B YoY+35.8%	4.87B YoY+10.0%	4.43B YoY-25.7%
Acquisitions	0.00	0.00	0.00	0.00	0.00
Sales/maturities of investments	556M YoY+74.3%	319M YoY-85.9%	2.27B YoY-32.4%	3.36B YoY-59.1%	8.20B YoY+93.6%
Other investing activities	65.0M YoY+912.5%	-8.00M YoY-153.3%	15.0M YoY+128.8%	-52.0M YoY-373.7%	19.0M YoY+111.1%
	-2.29B YoY+60.6%	-5.82B YoY+1.2%	-5.89B YoY+20.9%	-7.45B YoY-54.0%	-4.84B YoY-231.5%
Long-term debt issued	0.00	0.00	0.00	0.00	0.00
Long-term debt repaid	0.00	0.00	0.00	0.00	0.00
Common stock issued	0.00	0.00	0.00	0.00	0.00
Common stock repurchased	146M YoY-95.1%	2.98B YoY-29.8%	4.25B YoY-22.4%	5.48B YoY+36.5%	4.01B YoY+560.2%
Dividends paid	2.41B YoY+4.7%	2.30B YoY+6.0%	2.17B YoY+7.8%	2.01B YoY+9.5%	1.84B YoY+12.1%
Other financing activities	-93.0M YoY-8.1%	-86.0M YoY+36.8%	-136M YoY-33.3%	-102M YoY+32.5%	-151M YoY-11.0%
FX effect on cash	11.0M YoY+1000.0%	1.00M YoY+106.3%	-16.0M YoY+82.4%	-91.0M YoY+36.4%	-143M YoY-200.0%
Net change in cash	99.0M YoY+104.1%	-2.40B YoY-199.0%	2.42B YoY+313.5%	-1.13B YoY+13.8%	-1.31B YoY-185.3%
Interest paid	323M YoY-17.0%	389M YoY+2.1%	381M YoY+9.8%	347M YoY+19.7%	290M YoY-1.0%
Income taxes paid	1.27B YoY+3.6%	1.23B YoY-5.6%	1.30B YoY-14.4%	1.52B YoY+23.2%	1.23B YoY+4.6%
Valuation Ratios	as ofMay 31 ’26	as ofMay 31 ’25	as ofMay 31 ’24	as ofMay 31 ’23	as ofMay 31 ’22
Market cap	68.5B YoY-23.6%	89.7B YoY-37.8%	144B YoY-12.0%	164B YoY-13.6%	190B YoY-14.0%
P/E	30.4× YoY+53.0%	19.9× YoY-21.3%	25.3× YoY-21.7%	32.3× YoY+3.0%	31.4× YoY-51.3%
P/S	1.5× YoY-21.5%	1.9× YoY-33.2%	2.8× YoY-12.2%	3.2× YoY-21.2%	4.1× YoY-29.1%
P/B	4.9× YoY-24.1%	6.4× YoY-35.9%	10.0× YoY-14.6%	11.7× YoY-5.8%	12.4× YoY-32.9%
P/FCF	65.4× YoY+286.9%	16.9× YoY-22.5%	21.8× YoY-35.2%	33.6× YoY-21.5%	42.8× YoY-25.6%
	3.3% YoY-34.6%	5.0% YoY+27.1%	4.0% YoY+27.7%	3.1% YoY-2.9%	3.2% YoY+105.2%
	1.5% YoY-74.2%	5.9% YoY+29.0%	4.6% YoY+54.3%	3.0% YoY+27.4%	2.3% YoY+34.4%
	3.5% YoY+36.1%	2.6% YoY+69.9%	1.5% YoY+21.2%	1.3% YoY+25.7%	1.0% YoY+27.7%
Source filing	10-K	10-K	10-K	10-K	10-K

About this data

Source: NKE's SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn't file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all NKE filings on SEC EDGAR → Not investment advice.