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Nike (NKE) Operating Expenses (2016 - 2026)

Nike filings provide 18 years of Operating Expenses readings, the most recent being $2.9 billion for Q1 2026.

  • Quarterly Operating Expenses fell 25.73% to $2.9 billion in Q1 2026 from the year-ago period, while the trailing twelve-month figure was $7.9 billion through Feb 2026, down 36.93% year-over-year, with the annual reading at $11.4 billion for FY2025, 7.26% down from the prior year.
  • Operating Expenses hit $2.9 billion in Q1 2026 for Nike, up from $2.8 billion in the prior quarter.
  • Across five years, Operating Expenses topped out at $4.4 billion in Q2 2023 and bottomed at -$541.0 million in Q2 2025.
  • Average Operating Expenses over 5 years is $3.3 billion, with a median of $3.4 billion recorded in 2022.
  • The largest annual shift saw Operating Expenses surged 50.4% in 2022 before it plummeted 118.05% in 2025.
  • Nike's Operating Expenses stood at $4.1 billion in 2022, then grew by 0.53% to $4.1 billion in 2023, then tumbled by 30.46% to $2.9 billion in 2024, then dropped by 4.06% to $2.8 billion in 2025, then grew by 4.37% to $2.9 billion in 2026.
  • Per Business Quant, the three most recent readings for NKE's Operating Expenses are $2.9 billion (Q1 2026), $2.8 billion (Q4 2025), and $2.8 billion (Q3 2025).