Nike (NKE) Operating Income (2009 - 2026)
Nike (NKE) reported Operating Income of $1.6 billion for Q1 2026, up 108.5% on a YoY basis from $788.0 million in Q1 2025, and down 27.91% quarter-over-quarter from $2.3 billion in Q4 2025.
Nike (NKE) Operating Income (2009 - 2026) Analysis & Trends
Nike has reported Operating Income for 18 years, with the latest figure at $1.6 billion in Q1 2026.
- For the quarter ending Q1 2026, Operating Income rose 108.5% year-over-year to $1.6 billion; the trailing twelve-month figure through Feb 2026 stood at $11.0 billion (up 32.05% YoY), and the FY2025 full-year result was $8.4 billion, down 20.81% from the prior year.
- Operating Income for Q1 2026 stood at $1.6 billion, down from $2.3 billion in the prior quarter.
- The five-year high for Operating Income was $5.0 billion in Q2 2025, with the low at $788.0 million in Q1 2025.
- Historically, Operating Income has averaged $2.0 billion across 5 years, with a median of $1.7 billion in 2022.
- The largest YoY upside for Operating Income was 819.61% in 2022 against a maximum downside of 44.28% in 2022.
- Nike's Operating Income stood at $1.6 billion in 2022, then advanced by 15.0% to $1.8 billion in 2023, then surged by 37.32% to $2.5 billion in 2024, then decreased by 9.06% to $2.3 billion in 2025, then decreased by 27.91% to $1.6 billion in 2026.
- The last three Operating Income figures came in at $1.6 billion (Q1 2026), $2.3 billion (Q4 2025), and $2.1 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Birkenstock Holding | 102.63 Bn | 102.39 Bn | 390.51 Mn | 181.99 Mn |
| 2 | Nike | 65.09 Bn | 57.03 Bn | 4.53 Bn | 1.64 Bn |
| 3 | Deckers Outdoor | 16.02 Bn | 13.93 Bn | 1.17 Bn | 614.37 Mn |
| 4 | Crocs | 6.13 Bn | 6.00 Bn | 522.95 Mn | 200.84 Mn |
| 5 | Steven Madden | 3.14 Bn | 3.10 Bn | 357.42 Mn | 98.74 Mn |
| 6 | Wolverine World Wide | 1.98 Bn | 1.79 Bn | 243.40 Mn | 48.90 Mn |
| 7 | On Holding AG | 1.66 Bn | 264.30 Mn | 682.30 Mn | 149.92 Mn |
| 8 | Forward Industries | 381.04 Mn | 355.65 Mn | 16.85 Mn | -583.64 Mn |
| 9 | Designer Brands | 349.93 Mn | 299.82 Mn | 315.32 Mn | 18.87 Mn |
| 10 | Weyco | 343.83 Mn | 246.40 Mn | 33.84 Mn | -12.25 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Feb 28, 2026 | 1.64 Bn |
| Nov 30, 2025 | 2.28 Bn |
| Aug 31, 2025 | 2.12 Bn |
| May 31, 2025 | 5.01 Bn |
| Feb 28, 2025 | 788.00 Mn |
| Nov 30, 2024 | 2.51 Bn |
| Aug 31, 2024 | 2.44 Bn |
| May 31, 2024 | 2.64 Bn |
| Feb 29, 2024 | 1.34 Bn |
| Nov 30, 2023 | 1.83 Bn |
| Aug 31, 2023 | 1.60 Bn |
| May 31, 2023 | 1.22 Bn |
| Feb 28, 2023 | 2.34 Bn |
| Nov 30, 2022 | 1.59 Bn |
| Aug 31, 2022 | 1.70 Bn |
| May 31, 2022 | 1.47 Bn |
| Feb 28, 2022 | 1.63 Bn |
| Nov 30, 2021 | 2.47 Bn |
| Aug 31, 2021 | 3.04 Bn |
| May 31, 2021 | -204.00 Mn |