KPIs & Operating Metrics(New)
Growth Metrics

Nike (NKE) Gross Margin (2016 - 2026)

Nike's Gross Margin history spans 18 years, with the latest figure at 40.16% for Q1 2026.

  • For Q1 2026, Gross Margin fell 132.0% year-over-year to 40.16%; the TTM value through Feb 2026 reached 40.81%, down 301.0%, while the annual FY2025 figure was 42.73%, 183.0% down from the prior year.
  • Gross Margin reached 40.16% in Q1 2026 per NKE's latest filing, down from 40.6% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 46.61% in Q1 2022 to a low of 40.16% in Q1 2026.
  • Average Gross Margin over 5 years is 43.39%, with a median of 43.63% recorded in 2023.
  • Peak YoY movement for Gross Margin: surged 171bps in 2023, then tumbled -442bps in 2025.
  • A 5-year view of Gross Margin shows it stood at 42.89% in 2022, then increased by 4bps to 44.6% in 2023, then dropped by -2bps to 43.62% in 2024, then dropped by -7bps to 40.6% in 2025, then decreased by -1bps to 40.16% in 2026.
  • Per Business Quant, the three most recent readings for NKE's Gross Margin are 40.16% (Q1 2026), 40.6% (Q4 2025), and 42.18% (Q3 2025).