Nike (NKE) Net Margin (2009 - 2026)
Nike (NKE) posted Net Margin of 9.74% for fiscal Q4 2026 (quarter ended May 31, 2026), up 7.84 percentage points from 1.90% a year earlier and up 5.13 percentage points from the prior quarter.
Nike (NKE) Net Margin (2009 - 2026) Analysis & Trends
For FY2026 (ended May 31, 2026), Nike's Net Margin came in at 6.70%, down 0.25 percentage points from FY2025.
- Annual Net Margin shows a five-year change of -6.16 percentage points (FY2021 to FY2026).
- In prior fiscal years, Nike's Net Margin was 6.95% in FY2025 (-4.15 pp), 11.10% in FY2024 (+1.20 pp), 9.90% in FY2023 (-3.04 pp) and 12.94% in FY2022 (+0.09 pp).
- The fiscal Q4 2026 figure stands as the highest quarterly Net Margin since fiscal Q4 2024.
- On a year-over-year basis, Net Margin increased in 1 of the last eight quarters, with an average year-over-year change of -2.17 percentage points.
- The strongest year-over-year quarter for Net Margin in the past five years was fiscal Q4 2026, with a gain of 7.84 percentage points; the weakest was fiscal Q4 2025, with a drop of 10.00 percentage points.
- According to Business Quant data, Net Margin for the three prior fiscal quarters was 4.61% (Q3 2026), 6.37% (Q2 2026) and 6.20% (Q1 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Nike | 53.94 Bn | 19.93 Bn | 5.39 Bn | 9.74% |
| 2 | Tapestry | 22.74 Bn | 18.69 Bn | 1.56 Bn | 18.53% |
| 3 | Ralph Lauren | 21.47 Bn | 13.57 Bn | 1.44 Bn | 13.38% |
| 4 | Deckers Outdoor | 11.15 Bn | 4.02 Bn | - | - |
| 5 | Lululemon Athletica | 10.72 Bn | 4.97 Bn | 1.46 Bn | 13.63% |
| 6 | Levi Strauss | 7.64 Bn | 4.29 Bn | 979.10 Mn | 5.59% |
| 7 | Gildan Activewear | 6.52 Bn | 5.51 Bn | 459.76 Mn | -3.16% |
| 8 | Birkenstock Holding | 6.06 Bn | 4.37 Bn | 493.89 Mn | 15.23% |
| 9 | Crocs | 5.89 Bn | 5.30 Bn | 700.71 Mn | 17.37% |
| 10 | V F | 5.67 Bn | 2.29 Bn | 917.04 Mn | -5.82% |
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 9.74% |
| Feb 28, 2026 | 4.61% |
| Nov 30, 2025 | 6.37% |
| Aug 31, 2025 | 6.20% |
| May 31, 2025 | 1.90% |
| Feb 28, 2025 | 7.05% |
| Nov 30, 2024 | 9.41% |
| Aug 31, 2024 | 9.07% |
| May 31, 2024 | 11.90% |
| Feb 29, 2024 | 9.43% |
| Nov 30, 2023 | 11.79% |
| Aug 31, 2023 | 11.21% |
| May 31, 2023 | 8.04% |
| Feb 28, 2023 | 10.01% |
| Nov 30, 2022 | 10.00% |
| Aug 31, 2022 | 11.57% |
| May 31, 2022 | 11.76% |
| Feb 28, 2022 | 12.84% |
| Nov 30, 2021 | 11.77% |
| Aug 31, 2021 | 15.30% |
Nike Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=NKE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "NKE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=NKE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();