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| Date | Value |
|---|---|
| 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 |