Nike (NKE) Operating Income (2009 - 2026)
Nike's (NKE) quarterly Operating Income came in at $1.3 billion in Q2 2026, up 308.41% YoY from $321.0 million in Q2 2025, and down 20.21% on a QoQ basis from $1.6 billion in Q1 2026.
Analysis
Nike (NKE) Operating Income (2009 - 2026) Analysis & Trends
Nike (NKE) has 18 years of Operating Income data on file, last reported at $1.3 billion in Q2 2026.
- Quarterly Operating Income rose 308.41% year-over-year to $1.3 billion in Q2 2026, while the trailing twelve-month figure through May 2026 was $4.9 billion (down 31.54% YoY) and the FY2026 annual result came in at $3.8 billion, up 2.57% from the prior year.
- Operating Income retreated to $1.3 billion in Q2 2026, from $1.6 billion in the prior quarter.
- In the past five years, Operating Income ranged from a high of $5.8 billion in Q2 2024 to a low of -$1.3 billion in Q2 2022.
- A 5-year average of $1.9 billion and a median of $2.1 billion in 2023 frame the typical range for Operating Income.
- Annual changes were most pronounced in 2022 — Operating Income tumbled 169.05% — and 2026, when it soared 308.41%.
- Tracing NKE's Operating Income over 5 years: stood at $2.7 billion in 2022, then rose by 9.3% to $2.9 billion in 2023, then declined by 14.73% to $2.5 billion in 2024, then sank by 59.86% to $1.0 billion in 2025, then soared by 30.32% to $1.3 billion in 2026.
- The last three Operating Income figures came in at $1.3 billion (Q2 2026), $1.6 billion (Q1 2026), and $1.0 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Nike | 56.65 Bn | 47.63 Bn | 5.39 Bn | 1.31 Bn |
| 2 | Deckers Outdoor | 12.17 Bn | 10.26 Bn | - | - |
| 3 | Birkenstock Holding | 6.30 Bn | 5.50 Bn | 493.89 Mn | 236.02 Mn |
| 4 | Crocs | 5.73 Bn | 5.56 Bn | 700.71 Mn | 285.68 Mn |
| 5 | Steven Madden | 2.99 Bn | 2.89 Bn | 309.66 Mn | 39.32 Mn |
| 6 | Wolverine World Wide | 1.61 Bn | 1.45 Bn | 235.30 Mn | 47.30 Mn |
| 7 | Forward Industries | 564.38 Mn | 564.38 Mn | - | - |
| 8 | Weyco | 421.09 Mn | 325.62 Mn | 43.78 Mn | 17.02 Mn |
| 9 | Rocky Brands | 336.03 Mn | 333.40 Mn | 60.80 Mn | 19.69 Mn |
| 10 | Fossil | 300.79 Mn | 221.84 Mn | 130.79 Mn | 3.20 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |
| Aug 31, 2021 | 2.12 Bn |