NIKE, Inc. (NKE) Operating Expenses (2009 - 2026)
Nike's Operating Expenses was $4.08 billion in fiscal Q4 2026 (quarter ended May 31, 2026), down 1.6% from $4.15 billion a year earlier but up 2.6% from the prior quarter.
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Analysis
NIKE, Inc. (NKE) Operating Expenses (2009 - 2026) Analysis & Trends
For FY2026 (ended May 31, 2026), Operating Expenses at Nike came in at $16.11 billion, up 0.2% from FY2025.
- Operating Expenses shows a five-year compound annual growth rate of 4.3% (FY2021 to FY2026).
- In earlier fiscal years, Operating Expenses was $16.09 billion in FY2025 (-2.9%), $16.58 billion in FY2024 (+1.2%), $16.38 billion in FY2023 (+10.6%) and $14.8 billion in FY2022 (+13.7%).
- Quarterly Operating Expenses has moved between $3.44 billion (fiscal Q3 2022) and $4.37 billion (fiscal Q4 2023) over five years.
- Compared with a year earlier, Operating Expenses was higher in three of the last eight quarters, with an average decline of 1.4%.
- The best year-over-year quarter for Operating Expenses over five years was fiscal Q1 2022 (growth of 20.1%); the worst was fiscal Q3 2025 (a decline of 8.0%).
- Per Business Quant data, NKE's Operating Expenses in the three fiscal quarters before Q4 2026 was $3.98 billion (Q3 2026), $4.04 billion (Q2 2026) and $4.02 billion (Q1 2026).
Peer Set
Peer Comparison
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 4.08 Bn |
| Feb 28, 2026 | 3.98 Bn |
| Nov 30, 2025 | 4.04 Bn |
| Aug 31, 2025 | 4.02 Bn |
| May 31, 2025 | 4.15 Bn |
| Feb 28, 2025 | 3.89 Bn |
| Nov 30, 2024 | 4.01 Bn |
| Aug 31, 2024 | 4.05 Bn |
| May 31, 2024 | 4.09 Bn |
| Feb 29, 2024 | 4.23 Bn |
| Nov 30, 2023 | 4.15 Bn |
| Aug 31, 2023 | 4.12 Bn |
| May 31, 2023 | 4.37 Bn |
| Feb 28, 2023 | 3.96 Bn |
| Nov 30, 2022 | 4.12 Bn |
| Aug 31, 2022 | 3.92 Bn |
| May 31, 2022 | 4.04 Bn |
| Feb 28, 2022 | 3.44 Bn |
| Nov 30, 2021 | 3.76 Bn |
| Aug 31, 2021 | 3.57 Bn |
API Access
NIKE, Inc. Operating Expenses 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=operating-expenses&ticker=NKE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "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=operating-expenses&ticker=NKE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();