Nike (NKE) Change in Inventory (2009 - 2026)

Nike has reported Change in Inventory for 18 years, with the latest figure at -$281.0 million in Q1 2026.

• For the quarter ending Q1 2026, Change in Inventory rose 37.28% year-over-year to -$281.0 million; the trailing twelve-month figure through Feb 2026 stood at -$243.0 million (down 118.92% YoY), and the FY2025 full-year result was -$120.0 million, up 86.78% from the prior year.
• Change in Inventory for Q1 2026 stood at -$281.0 million, up from -$353.0 million in the prior quarter.
• The five-year high for Change in Inventory was $1.4 billion in Q3 2022, with the low at -$756.0 million in Q4 2023.
• Historically, Change in Inventory has averaged $60.3 million across 5 years, with a median of -$210.0 million in 2024.
• Annual changes were most pronounced in 2022 — Change in Inventory surged 1449.5% — and 2025, when it tumbled 167.42%.
• Nike's Change in Inventory stood at -$415.0 million in 2022, then slumped by 82.17% to -$756.0 million in 2023, then soared by 82.54% to -$132.0 million in 2024, then plunged by 167.42% to -$353.0 million in 2025, then gained by 20.4% to -$281.0 million in 2026.
• The last three Change in Inventory figures came in at -$281.0 million (Q1 2026), -$353.0 million (Q4 2025), and $610.0 million (Q3 2025), per Business Quant data.