Nike (NKE) Change in Inventory (2009 - 2026)
Nike's (NKE) quarterly Change in Inventory came in at $55.0 million in Q2 2026, up 125.11% YoY from $24.4 million in Q2 2025, and up 119.57% on a QoQ basis from -$281.0 million in Q1 2026.
Nike (NKE) Change in Inventory (2009 - 2026) Analysis & Trends
Nike (NKE) has 18 years of Change in Inventory data on file, last reported at $55.0 million in Q2 2026.
- Quarterly Change in Inventory rose 125.11% year-over-year to $55.0 million in Q2 2026, while the trailing twelve-month figure through May 2026 was $31.0 million (up 125.83% YoY) and the FY2026 annual result came in at $31.0 million, up 125.83% from the prior year.
- Change in Inventory rose to $55.0 million in Q2 2026, from -$281.0 million in the prior quarter.
- In the past five years, Change in Inventory ranged from a high of $1.4 billion in Q3 2022 to a low of -$756.0 million in Q4 2023.
- A 5-year average of $60.0 million and a median of -$207.5 million in 2024 frame the typical range for Change in Inventory.
- Annual changes were most pronounced in 2022 — Change in Inventory surged 1449.5% — and 2025, when it tumbled 167.42%.
- Tracing NKE's Change in Inventory over 5 years: 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 soared by 115.58% to $55.0 million in 2026.
- The last three Change in Inventory figures came in at $55.0 million (Q2 2026), -$281.0 million (Q1 2026), and -$353.0 million (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Nike | 60.63 Bn | 51.60 Bn | 5.39 Bn | 55.00 Mn |
| 2 | Deckers Outdoor | 13.33 Bn | 11.43 Bn | - | - |
| 3 | Birkenstock Holding | 7.60 Bn | 6.80 Bn | 493.89 Mn | - |
| 4 | Crocs | 6.44 Bn | 6.27 Bn | 700.71 Mn | -8.13 Mn |
| 5 | Steven Madden | 3.37 Bn | 3.28 Bn | 309.66 Mn | -4.17 Mn |
| 6 | Wolverine World Wide | 1.62 Bn | 1.46 Bn | 235.30 Mn | - |
| 7 | Weyco | 425.23 Mn | 329.76 Mn | 43.78 Mn | - |
| 8 | Forward Industries | 355.01 Mn | 355.01 Mn | - | - |
| 9 | Rocky Brands | 354.31 Mn | 351.69 Mn | 60.80 Mn | 887,000.00 |
| 10 | Designer Brands | 311.24 Mn | 261.14 Mn | 315.32 Mn | 23.04 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| May 31, 2026 | 55.00 Mn |
| May 31, 2026 | 55.00 Mn |
| Feb 28, 2026 | -281.00 Mn |
| Feb 28, 2026 | -281.00 Mn |
| Nov 30, 2025 | -353.00 Mn |
| Nov 30, 2025 | -353.00 Mn |
| Aug 31, 2025 | 610.00 Mn |
| Aug 31, 2025 | 610.00 Mn |
| May 31, 2025 | -219.00 Mn |
| May 31, 2025 | -219.00 Mn |
| Feb 28, 2025 | -448.00 Mn |
| Feb 28, 2025 | -448.00 Mn |
| Nov 30, 2024 | -132.00 Mn |
| Nov 30, 2024 | -132.00 Mn |
| Aug 31, 2024 | 679.00 Mn |
| Aug 31, 2024 | 679.00 Mn |
| May 31, 2024 | -210.00 Mn |
| May 31, 2024 | -210.00 Mn |
| Feb 29, 2024 | -205.00 Mn |
| Feb 29, 2024 | -205.00 Mn |