OpenNashEarnings

Consumer Brands · NYSE: NKE

Nike earnings: results, call transcripts & KPI history

2 quarters · fiscal year ends May · next results expected around 17 Dec 2026

Investor relations ↗SEC filings ↗KPIs as CSV

Latest: Q1 FY2027

Nike reported first quarter revenues of $11.2 billion, down 4 percent on a reported basis, gross margin of 42.8 percent and Diluted earnings per share of $0.48.

Nike's first quarter revenue was $11.2 billion, down 4 percent reported and 5 percent currency-neutral. Gross margin rose 60 basis points to 42.8 percent, mainly on lower warehousing and logistics costs. Selling and administrative expense fell 3 percent to $3.9 billion. Diluted EPS was $0.48, against $0.49 a year ago. Performance sports such as running, football, tennis and golf grew, but Sportswear, Jordan Brand and Greater China (down 26 percent currency-neutral) pulled results down.

Read the Q1 FY2027 summary →Official transcript (PDF) ↗

Quarters

KPI history

Revenue$11.2B−4.3% y/yQ1 FY27
Q2 FY25: $12.4BQ2 25$12.4BQ3 FY25: $11.3BQ3 25$11.3BQ4 FY25: $11.1B (worked out from the annual figure)Q4 25$11.1BQ1 FY26: $11.7BQ1 26$11.7BQ2 FY26: $12.4BQ2 26$12.4BQ3 FY26: $11.3BQ3 26$11.3BQ4 FY26: $11.0B (worked out from the annual figure)Q4 26$11.0BQ1 FY27: $11.2BQ1 27$11.2B

Fourth quarter worked out from the annual figure.

Data
Q2 FY25$12.4B
Q3 FY25$11.3B
Q4 FY25$11.1B *
Q1 FY26$11.7B
Q2 FY26$12.4B
Q3 FY26$11.3B
Q4 FY26$11.0B *
Q1 FY27$11.2B
Diluted EPS (GAAP)$0.48−2.0% y/yQ1 FY27
Q2 FY25: $0.78Q2 25$0.78Q3 FY25: $0.54Q3 25$0.54Q1 FY26: $0.49Q1 26$0.49Q2 FY26: $0.53Q2 26$0.53Q3 FY26: $0.35Q3 26$0.35Q1 FY27: $0.48Q1 27$0.48
Data
Q2 FY25$0.78
Q3 FY25$0.54
Q1 FY26$0.49
Q2 FY26$0.53
Q3 FY26$0.35
Q1 FY27$0.48

Fourth-quarter EPS appears once the press release is read; filings report it only for the full year.

Free cash flow-$64.0MQ1 FY27
Q2 FY25: $920.0MQ2 25$920.0MQ3 FY25: $1.7BQ3 25$1.7BQ4 FY25: $363.0MQ4 25$363.0MQ1 FY26: $15.0MQ1 26$15.0MQ2 FY26: $386.0MQ2 26$386.0MQ3 FY26: $284.0MQ3 26$284.0MQ4 FY26: $1.5BQ4 26$1.5BQ1 FY27: -$64.0MQ1 27-$64.0M
Data
Q2 FY25$920.0M
Q3 FY25$1.7B
Q4 FY25$363.0M
Q1 FY26$15.0M
Q2 FY26$386.0M
Q3 FY26$284.0M
Q4 FY26$1.5B
Q1 FY27-$64.0M

Operating cash flow minus capital expenditure, from cash flow statements.

Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Revenue$12.4B$11.3B$11.1Bd$11.7B$12.4B$11.3B$11.0Bd$11.2B
Gross margin43.6%41.5%40.3%42.2%40.6%40.2%49.2%42.8%
Net income$1.2B$794.0M$211.0Md$727.0M$792.0M$520.0M$1.1Bd$712.0M
Diluted EPS$0.78$0.54—$0.49$0.53$0.35—$0.48
Operating cash flow$1.0Bd$1.8Bd$463.0Md$222.0M$579.0Md$430.0Md$1.6Bd$135.0M
Capital expenditure$129.0Md$81.0Md$100.0Md$207.0M$193.0Md$146.0Md$138.0Md$199.0M
Free cash flow$920.0M$1.7B$363.0M$15.0M$386.0M$284.0M$1.5B-$64.0M

From XBRL data in 10-Q and 10-K filings. d derived: a fourth quarter is the full year minus the first nine months, and cash flows are year-to-date figures differenced.

10-Q and 10-K filings