Nike (NKE) Operating Leases (2019 - 2026)

Nike (NKE) reported Operating Leases of $2.7 billion for Q1 2026, up 7.23% on a YoY basis from $2.5 billion in Q1 2025, and down 3.56% quarter-over-quarter from $2.8 billion in Q4 2025.

Nike (NKE) Operating Leases (2019 - 2026) Analysis & Trends

Nike has reported Operating Leases for 8 years, with the latest figure at $2.7 billion in Q1 2026.

  • For the quarter ending Q1 2026, Operating Leases rose 7.23% year-over-year to $2.7 billion; the trailing twelve-month figure through Feb 2026 stood at $2.7 billion (up 7.23% YoY), and the FY2025 full-year result was $2.6 billion, down 0.62% from the prior year.
  • Operating Leases for Q1 2026 stood at $2.7 billion, down from $2.8 billion in the prior quarter.
  • The five-year high for Operating Leases was $2.8 billion in Q3 2023, with the low at $2.5 billion in Q1 2025.
  • Historically, Operating Leases has averaged $2.7 billion across 5 years, with a median of $2.7 billion in 2024.
  • Annual changes were most pronounced in 2024 — Operating Leases dropped 8.01% — and 2025, when it rose 7.49%.
  • Nike's Operating Leases stood at $2.7 billion in 2022, then advanced by 4.39% to $2.8 billion in 2023, then declined by 8.01% to $2.6 billion in 2024, then grew by 7.49% to $2.8 billion in 2025, then decreased by 3.56% to $2.7 billion in 2026.
  • The last three Operating Leases figures came in at $2.7 billion (Q1 2026), $2.8 billion (Q4 2025), and $2.6 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Birkenstock Holding 102.63 Bn 102.39 Bn 390.51 Mn
2 Nike 65.09 Bn 57.03 Bn 4.53 Bn
3 Deckers Outdoor 16.02 Bn 13.93 Bn 1.17 Bn
4 Crocs 6.13 Bn 6.00 Bn 522.95 Mn
5 Steven Madden 3.14 Bn 3.10 Bn 357.42 Mn
6 Wolverine World Wide 1.98 Bn 1.79 Bn 243.40 Mn
7 On Holding AG 1.66 Bn 264.30 Mn 682.30 Mn
8 Forward Industries 381.04 Mn 355.65 Mn 16.85 Mn
9 Designer Brands 349.93 Mn 299.82 Mn 315.32 Mn
10 Weyco 343.83 Mn 246.40 Mn 33.84 Mn

Historic Data

Download Data
DateValue
Feb 28, 2026 2.66 Bn
Nov 30, 2025 2.75 Bn
Aug 31, 2025 2.56 Bn
May 31, 2025 2.55 Bn
Feb 28, 2025 2.48 Bn
Nov 30, 2024 2.56 Bn
Aug 31, 2024 2.63 Bn
May 31, 2024 2.57 Bn
Feb 29, 2024 2.69 Bn
Nov 30, 2023 2.79 Bn
Aug 31, 2023 2.81 Bn
May 31, 2023 2.79 Bn
Feb 28, 2023 2.69 Bn
Nov 30, 2022 2.67 Bn
Aug 31, 2022 2.74 Bn
May 31, 2022 2.78 Bn
Feb 28, 2022 2.78 Bn
Nov 30, 2021 2.84 Bn
Aug 31, 2021 2.90 Bn
May 31, 2021 2.93 Bn