Nike (NKE) Exchange Rate Effect (2009 - 2026)
Nike's (NKE) quarterly Exchange Rate Effect came in at -$8.0 million in Q2 2026, down 126.67% YoY from $30.0 million in Q2 2025, and down 132.0% on a QoQ basis from $25.0 million in Q1 2026.
Nike (NKE) Exchange Rate Effect (2009 - 2026) Analysis & Trends
Nike (NKE) has 18 years of Exchange Rate Effect data on file, last reported at -$8.0 million in Q2 2026.
- Quarterly Exchange Rate Effect fell 126.67% year-over-year to -$8.0 million in Q2 2026, while the trailing twelve-month figure through May 2026 was $11.0 million (up 1000.0% YoY) and the FY2026 annual result came in at $11.0 million, up 1000.0% from the prior year.
- Exchange Rate Effect fell to -$8.0 million in Q2 2026, from $25.0 million in the prior quarter.
- In the past five years, Exchange Rate Effect ranged from a high of $30.0 million in Q2 2025 to a low of -$88.0 million in Q2 2022.
- A 5-year average of -$10.8 million and a median of -$9.0 million in 2024 frame the typical range for Exchange Rate Effect.
- Annual changes were most pronounced in 2022 — Exchange Rate Effect slumped 519.05% — and 2025, when it soared 433.33%.
- Tracing NKE's Exchange Rate Effect over 5 years: stood at -$11.0 million in 2022, then soared by 272.73% to $19.0 million in 2023, then slumped by 273.68% to -$33.0 million in 2024, then soared by 96.97% to -$1.0 million in 2025, then tumbled by 700.0% to -$8.0 million in 2026.
- The last three Exchange Rate Effect figures came in at -$8.0 million (Q2 2026), $25.0 million (Q1 2026), and -$1.0 million (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Exchange Rate Effect (Qtr) |
|---|---|---|---|---|---|
| 1 | Nike | 60.63 Bn | 51.60 Bn | 5.39 Bn | -8.00 Mn |
| 2 | Deckers Outdoor | 13.33 Bn | 11.43 Bn | - | - |
| 3 | Birkenstock Holding | 7.60 Bn | 6.80 Bn | 493.89 Mn | 833,413.45 |
| 4 | Crocs | 6.44 Bn | 6.27 Bn | 700.71 Mn | -4.00 Mn |
| 5 | Steven Madden | 3.37 Bn | 3.28 Bn | 309.66 Mn | 741,000.00 |
| 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 | - |
| 10 | Designer Brands | 311.24 Mn | 261.14 Mn | 315.32 Mn | -167,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| May 31, 2026 | -8.00 Mn |
| May 31, 2026 | -8.00 Mn |
| Feb 28, 2026 | 25.00 Mn |
| Feb 28, 2026 | 25.00 Mn |
| Nov 30, 2025 | -1.00 Mn |
| Nov 30, 2025 | -1.00 Mn |
| Aug 31, 2025 | -5.00 Mn |
| Aug 31, 2025 | -5.00 Mn |
| May 31, 2025 | 30.00 Mn |
| May 31, 2025 | 30.00 Mn |
| Feb 28, 2025 | -15.00 Mn |
| Feb 28, 2025 | -15.00 Mn |
| Nov 30, 2024 | -33.00 Mn |
| Nov 30, 2024 | -33.00 Mn |
| Aug 31, 2024 | 19.00 Mn |
| Aug 31, 2024 | 19.00 Mn |
| May 31, 2024 | -9.00 Mn |
| May 31, 2024 | -9.00 Mn |
| Feb 29, 2024 | -10.00 Mn |
| Feb 29, 2024 | -10.00 Mn |