Nike (NKE) Cost of Revenue (2009 - 2026)

Nike (NKE) has 18 years of Cost of Revenue data on file, last reported at $5.6 billion in Q2 2026.

• Quarterly Cost of Revenue fell 15.83% year-over-year to $5.6 billion in Q2 2026, while the trailing twelve-month figure through May 2026 was $26.5 billion (changed 0.12% YoY) and the FY2026 annual result came in at $26.5 billion, changed 0.12% from the prior year.
• Cost of Revenue retreated to $5.6 billion in Q2 2026, from $6.7 billion in the prior quarter.
• In the past five years, Cost of Revenue ranged from a high of $7.6 billion in Q4 2022 to a low of $5.6 billion in Q2 2026.
• A 5-year average of $6.8 billion and a median of $6.9 billion in 2024 frame the typical range for Cost of Revenue.
• Annual changes were most pronounced in 2022 — Cost of Revenue advanced 23.76% — and 2026, when it retreated 15.83%.
• Tracing NKE's Cost of Revenue over 5 years: stood at $7.6 billion in 2022, then declined by 2.46% to $7.4 billion in 2023, then dropped by 6.09% to $7.0 billion in 2024, then increased by 5.99% to $7.4 billion in 2025, then retreated by 24.42% to $5.6 billion in 2026.
• The last three Cost of Revenue figures came in at $5.6 billion (Q2 2026), $6.7 billion (Q1 2026), and $7.4 billion (Q4 2025), per Business Quant data.