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Nike (NKE) Operating Expenses (2016 - 2026)

Nike's Operating Expenses history spans 18 years, with the latest figure at $2.9 billion for Q1 2026.

  • For Q1 2026, Operating Expenses fell 25.73% year-over-year to $2.9 billion; the TTM value through Feb 2026 reached $7.9 billion, down 36.93%, while the annual FY2025 figure was $11.4 billion, 7.26% down from the prior year.
  • Operating Expenses reached $2.9 billion in Q1 2026 per NKE's latest filing, up from $2.8 billion in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $4.4 billion in Q2 2023 to a low of -$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.
  • Peak YoY movement for Operating Expenses: surged 50.4% in 2022, then plummeted 118.05% in 2025.
  • A 5-year view of Operating Expenses shows it stood at $4.1 billion in 2022, then increased by 0.53% to $4.1 billion in 2023, then crashed by 30.46% to $2.9 billion in 2024, then decreased by 4.06% to $2.8 billion in 2025, then increased 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).