Nike (NKE) Cash from Operations (2009 - 2026)
Nike's Cash from Operations was $1.64 billion in fiscal Q4 2026 (quarter ended May 31, 2026), up 253.6% from $463 million a year earlier and up 280.7% from the prior quarter.
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Analysis
Nike (NKE) Cash from Operations (2009 - 2026) Analysis & Trends
For FY2026 (ended May 31, 2026), Cash from Operations at Nike came in at $2.87 billion, down 22.4% from FY2025.
- Cash from Operations shows a five-year compound annual growth rate of -15.5% (FY2021 to FY2026).
- In earlier fiscal years, Cash from Operations was $3.7 billion in FY2025 (-50.2%), $7.43 billion in FY2024 (+27.2%), $5.84 billion in FY2023 (+12.6%) and $5.19 billion in FY2022 (-22.1%).
- The fiscal Q4 2026 figure marks the highest quarterly Cash from Operations since fiscal Q3 2025.
- Compared with a year earlier, Cash from Operations was higher in 1 of the last seven quarters, with an average decline of 9.9%.
- The best year-over-year quarter for Cash from Operations over five years was fiscal Q4 2026 (growth of 253.6%); the worst was fiscal Q3 2022 (a decline of 86.9%).
- Per Business Quant data, NKE's Cash from Operations in the three fiscal quarters before Q4 2026 was $430 million (Q3 2026), $579 million (Q2 2026) and $222 million (Q1 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Ops. (Qtr) |
|---|---|---|---|---|---|
| 1 | Nike | 52.47 Bn | 18.46 Bn | 5.39 Bn | 1.64 Bn |
| 2 | Tapestry | 23.05 Bn | 19.01 Bn | 1.56 Bn | 522.20 Mn |
| 3 | Ralph Lauren | 21.35 Bn | 13.45 Bn | 1.44 Bn | 339.30 Mn |
| 4 | Deckers Outdoor | 11.12 Bn | 3.99 Bn | - | - |
| 5 | Lululemon Athletica | 10.25 Bn | 4.50 Bn | 1.46 Bn | 374.84 Mn |
| 6 | Levi Strauss | 7.60 Bn | 4.25 Bn | 979.10 Mn | 270.80 Mn |
| 7 | Gildan Activewear | 6.52 Bn | 5.51 Bn | 459.76 Mn | 347.44 Mn |
| 8 | Birkenstock Holding | 5.97 Bn | 4.27 Bn | 493.89 Mn | 286.47 Mn |
| 9 | Crocs | 5.64 Bn | 5.06 Bn | 700.71 Mn | 351.70 Mn |
| 10 | V F | 5.53 Bn | 2.15 Bn | 917.04 Mn | -62.50 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 1.64 Bn |
| Feb 28, 2026 | 430.00 Mn |
| Nov 30, 2025 | 579.00 Mn |
| Aug 31, 2025 | 222.00 Mn |
| May 31, 2025 | 463.00 Mn |
| Feb 28, 2025 | 1.79 Bn |
| Nov 30, 2024 | 1.05 Bn |
| Aug 31, 2024 | 394.00 Mn |
| May 31, 2024 | 2.62 Bn |
| Feb 29, 2024 | 2.06 Bn |
| Nov 30, 2023 | 2.82 Bn |
| Aug 31, 2023 | -66.00 Mn |
| May 31, 2023 | 2.25 Bn |
| Feb 28, 2023 | 2.23 Bn |
| Nov 30, 2022 | 1.00 Bn |
| Aug 31, 2022 | 357.00 Mn |
| May 31, 2022 | 1.15 Bn |
| Feb 28, 2022 | 169.00 Mn |
| Nov 30, 2021 | 2.76 Bn |
| Aug 31, 2021 | 1.11 Bn |
API Access
Nike Cash from Operations API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cash-from-operations&ticker=NKE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-from-operations", "ticker": "NKE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cash-from-operations&ticker=NKE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();