Nike (NKE) Change in Inventory (2009 - 2026)
Nike (NKE) reported Change in Inventory of $312 million for fiscal Q1 2027 (quarter ended Aug 31, 2026), down 48.9% from $610 million a year earlier but up 467.3% from the prior quarter.
Nike (NKE) Change in Inventory (2009 - 2026) Analysis & Trends
Over the twelve months ended Aug 31, 2026, Nike's Change in Inventory came in at -$267 million; for FY2026 (ended May 31, 2026), it came in at $31 million.
- By fiscal year, Change in Inventory came in at -$120 million in FY2025, -$908 million in FY2024, $133 million in FY2023 (-92.1%) and $1.68 billion in FY2022.
- Five-year quarterly Change in Inventory spans a low of -$756 million in fiscal Q2 2024 and a high of $1.36 billion in fiscal Q1 2023.
- Per Business Quant data, the three fiscal quarters before Q1 2027 came in at $55 million (Q4 2026), -$281 million (Q3 2026) and -$353 million (Q2 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Nike | 55.66 Bn | 21.86 Bn | 4.80 Bn | 312.00 Mn |
| 2 | Tapestry | 23.64 Bn | 19.60 Bn | 1.56 Bn | -19.10 Mn |
| 3 | Ralph Lauren | 22.84 Bn | 14.94 Bn | 1.44 Bn | 156.30 Mn |
| 4 | Deckers Outdoor | 12.26 Bn | 5.13 Bn | - | - |
| 5 | Lululemon Athletica | 10.93 Bn | 5.19 Bn | 1.46 Bn | 37.99 Mn |
| 6 | Levi Strauss | 8.11 Bn | 4.69 Bn | 1.07 Bn | - |
| 7 | V F | 6.73 Bn | 3.35 Bn | 917.04 Mn | 537.01 Mn |
| 8 | Gildan Activewear | 6.46 Bn | 5.38 Bn | 459.76 Mn | - |
| 9 | Birkenstock Holding | 6.03 Bn | 4.35 Bn | 493.89 Mn | - |
| 10 | Crocs | 5.80 Bn | 5.22 Bn | 700.71 Mn | -8.13 Mn |
Historic Data
| Date | Value |
|---|---|
| Aug 31, 2026 | 312.00 Mn |
| May 31, 2026 | 55.00 Mn |
| Feb 28, 2026 | -281.00 Mn |
| Nov 30, 2025 | -353.00 Mn |
| Aug 31, 2025 | 610.00 Mn |
| May 31, 2025 | -219.00 Mn |
| Feb 28, 2025 | -448.00 Mn |
| Nov 30, 2024 | -132.00 Mn |
| Aug 31, 2024 | 679.00 Mn |
| May 31, 2024 | -210.00 Mn |
| Feb 29, 2024 | -205.00 Mn |
| Nov 30, 2023 | -756.00 Mn |
| Aug 31, 2023 | 263.00 Mn |
| May 31, 2023 | -394.00 Mn |
| Feb 28, 2023 | -421.00 Mn |
| Nov 30, 2022 | -415.00 Mn |
| Aug 31, 2022 | 1.36 Bn |
| May 31, 2022 | 804.00 Mn |
| Feb 28, 2022 | 1.14 Bn |
| Nov 30, 2021 | -167.00 Mn |
Nike Change in Inventory 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=change-in-inventory&ticker=NKE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-inventory", "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=change-in-inventory&ticker=NKE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();