Nike (NKE) Operating Income (2009 - 2026)
Nike (NKE) recorded Operating Income of $888 million in fiscal Q1 2027 (quarter ended Aug 31, 2026), down 4.2% from $927 million a year earlier and down 32.3% from the prior quarter.
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Analysis
Nike (NKE) Operating Income (2009 - 2026) Analysis & Trends
On a TTM basis, Nike's Operating Income came in at $3.76 billion as of Aug 31, 2026, up 9.9% year-over-year; for FY2026 (ended May 31, 2026), it was $3.8 billion, up 2.6% from FY2025.
- Annual Operating Income has a five-year compound annual growth rate of -11.4% (FY2021 to FY2026).
- Across earlier fiscal years, Operating Income came in at $3.7 billion in FY2025 (-41.3%), $6.31 billion in FY2024 (+6.7%), $5.92 billion in FY2023 (-11.4%) and $6.68 billion in FY2022 (-3.8%).
- Quarterly Operating Income has ranged from $321 million in fiscal Q4 2025 to $1.83 billion in fiscal Q2 2024 over the past five years.
- On a year-over-year basis, Operating Income rose in 1 of the last eight quarters, with growth averaging 9.9%.
- Peak year-over-year performance for Operating Income in the last five years was growth of 308.4% in fiscal Q4 2026, against a decline of 79.2% in fiscal Q4 2025 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at $1.31 billion (Q4 2026), $553 million (Q3 2026) and $1.01 billion (Q2 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Nike | 56.18 Bn | 22.38 Bn | 4.80 Bn | 888.00 Mn |
| 2 | Tapestry | 23.99 Bn | 19.95 Bn | 1.56 Bn | 442.30 Mn |
| 3 | Ralph Lauren | 22.76 Bn | 14.85 Bn | 1.44 Bn | 342.40 Mn |
| 4 | Deckers Outdoor | 12.61 Bn | 5.48 Bn | - | - |
| 5 | Lululemon Athletica | 11.29 Bn | 5.54 Bn | 1.46 Bn | 453.65 Mn |
| 6 | Levi Strauss | 8.02 Bn | 4.60 Bn | 1.07 Bn | 222.30 Mn |
| 7 | V F | 6.86 Bn | 3.48 Bn | 917.04 Mn | -83.07 Mn |
| 8 | Gildan Activewear | 6.55 Bn | 5.47 Bn | 459.76 Mn | 175.90 Mn |
| 9 | Birkenstock Holding | 6.11 Bn | 4.43 Bn | 493.89 Mn | 236.02 Mn |
| 10 | Crocs | 5.97 Bn | 5.38 Bn | 700.71 Mn | 285.68 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 31, 2026 | 888.00 Mn |
| May 31, 2026 | 1.31 Bn |
| Feb 28, 2026 | 553.00 Mn |
| Nov 30, 2025 | 1.01 Bn |
| Aug 31, 2025 | 927.00 Mn |
| May 31, 2025 | 321.00 Mn |
| Feb 28, 2025 | 788.00 Mn |
| Nov 30, 2024 | 1.38 Bn |
| Aug 31, 2024 | 1.21 Bn |
| May 31, 2024 | 1.55 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 | 1.41 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 | 1.45 Bn |
API Access
Nike Operating Income 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-income&ticker=NKE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "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-income&ticker=NKE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();