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.
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.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Nike | 60.63 Bn | 51.60 Bn | 5.39 Bn | 1.02 Bn |
| 2 | Deckers Outdoor | 13.33 Bn | 11.43 Bn | - | - |
| 3 | Birkenstock Holding | 7.60 Bn | 6.80 Bn | 493.89 Mn | 120.15 Mn |
| 4 | Crocs | 6.44 Bn | 6.27 Bn | 700.71 Mn | 330.97 Mn |
| 5 | Steven Madden | 3.37 Bn | 3.28 Bn | 309.66 Mn | 196.09 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 | 4.14 Mn |
| 10 | Designer Brands | 311.24 Mn | 261.14 Mn | 315.32 Mn | -31.90 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| May 31, 2026 | 1.02 Bn |
| May 31, 2026 | 1.02 Bn |
| Feb 28, 2026 | 470.00 Mn |
| Feb 28, 2026 | 470.00 Mn |
| Nov 30, 2025 | 573.00 Mn |
| Nov 30, 2025 | 573.00 Mn |
| Aug 31, 2025 | 121.00 Mn |
| Aug 31, 2025 | 121.00 Mn |
| May 31, 2025 | 120.00 Mn |
| May 31, 2025 | 120.00 Mn |
| Feb 28, 2025 | 1.95 Bn |
| Feb 28, 2025 | 1.95 Bn |
| Nov 30, 2024 | 920.00 Mn |
| Nov 30, 2024 | 920.00 Mn |
| Aug 31, 2024 | 274.00 Mn |
| Aug 31, 2024 | 274.00 Mn |
| May 31, 2024 | 1.98 Bn |
| May 31, 2024 | 1.98 Bn |
| Feb 29, 2024 | 2.34 Bn |
| Feb 29, 2024 | 2.34 Bn |