Nike NKE
NYSE NKE
$38.24 +0.12 (+0.31%)
At close: Sep 2, 2026 · 4:00 PM EDT

Nike (NKE) Free Cash Flow (2009 - 2026)

Nike's (NKE) quarterly Free Cash Flow came in at $1.0 billion in Q2 2026, up 750.0% YoY from $120.0 million in Q2 2025, and up 117.02% on a QoQ basis from $470.0 million in Q1 2026.

Analysis

Nike (NKE) Free Cash Flow (2009 - 2026) Analysis & Trends

Nike (NKE) has 18 years of Free Cash Flow data on file, last reported at $1.0 billion in Q2 2026.

  • Quarterly Free Cash Flow rose 750.0% year-over-year to $1.0 billion in Q2 2026, while the trailing twelve-month figure through May 2026 was $2.2 billion (down 33.17% YoY) and the FY2026 annual result came in at $2.2 billion, down 33.17% from the prior year.
  • Free Cash Flow climbed to $1.0 billion in Q2 2026, from $470.0 million in the prior quarter.
  • In the past five years, Free Cash Flow ranged from a high of $2.6 billion in Q4 2023 to a low of -$319.0 million in Q3 2023.
  • A 5-year average of $1.0 billion and a median of $960.5 million in 2022 frame the typical range for Free Cash Flow.
  • The widest YoY moves for Free Cash Flow: up 1413.01% in 2023, down 236.91% in 2023.
  • Tracing NKE's Free Cash Flow over 5 years: stood at $1.0 billion in 2022, then soared by 160.94% to $2.6 billion in 2023, then plunged by 64.78% to $920.0 million in 2024, then sank by 37.72% to $573.0 million in 2025, then surged by 78.01% to $1.0 billion in 2026.
  • The last three Free Cash Flow figures came in at $1.0 billion (Q2 2026), $470.0 million (Q1 2026), and $573.0 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Nike 56.58 Bn 47.55 Bn 5.39 Bn 1.50 Bn
2 Deckers Outdoor 12.06 Bn 10.16 Bn - -
3 Birkenstock Holding 6.28 Bn 5.48 Bn 493.89 Mn 316.96 Mn
4 Crocs 5.68 Bn 5.51 Bn 700.71 Mn 330.97 Mn
5 Steven Madden 2.98 Bn 2.88 Bn 309.66 Mn 196.09 Mn
6 Wolverine World Wide 1.58 Bn 1.42 Bn 235.30 Mn -
7 Forward Industries 541.84 Mn 541.84 Mn - -
8 Weyco 423.26 Mn 327.79 Mn 43.78 Mn -
9 Rocky Brands 330.85 Mn 328.22 Mn 60.80 Mn 4.14 Mn
10 Fossil 297.84 Mn 218.89 Mn 130.79 Mn -
Historic Data

Historic Data

Download Data
DateValue
May 31, 2026 1.50 Bn
Feb 28, 2026 284.00 Mn
Nov 30, 2025 386.00 Mn
Aug 31, 2025 15.00 Mn
May 31, 2025 363.00 Mn
Feb 28, 2025 1.71 Bn
Nov 30, 2024 920.00 Mn
Aug 31, 2024 274.00 Mn
May 31, 2024 2.41 Bn
Feb 29, 2024 1.92 Bn
Nov 30, 2023 2.61 Bn
Aug 31, 2023 -319.00 Mn
May 31, 2023 1.98 Bn
Feb 28, 2023 2.03 Bn
Nov 30, 2022 765.00 Mn
Aug 31, 2022 93.00 Mn
May 31, 2022 909.00 Mn
Feb 28, 2022 15.00 Mn
Nov 30, 2021 2.58 Bn
Aug 31, 2021 927.00 Mn