KPIs & Operating Metrics(New)
Growth Metrics

Nike (NKE) Gross Margin (2016 - 2026)

Nike filings provide 18 years of Gross Margin readings, the most recent being 40.16% for Q1 2026.

  • Quarterly Gross Margin fell 132.0% to 40.16% in Q1 2026 from the year-ago period, while the trailing twelve-month figure was 40.81% through Feb 2026, down 301.0% year-over-year, with the annual reading at 42.73% for FY2025, 183.0% down from the prior year.
  • Gross Margin hit 40.16% in Q1 2026 for Nike, down from 40.6% in the prior quarter.
  • Across five years, Gross Margin topped out at 46.61% in Q1 2022 and bottomed at 40.16% in Q1 2026.
  • Average Gross Margin over 5 years is 43.39%, with a median of 43.63% recorded in 2023.
  • The largest annual shift saw Gross Margin surged 171bps in 2023 before it tumbled -442bps in 2025.
  • Nike's Gross Margin stood at 42.89% in 2022, then grew by 4bps to 44.6% in 2023, then fell by -2bps to 43.62% in 2024, then fell by -7bps to 40.6% in 2025, then dropped 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).