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Nike (NKE) Operating Margin (2016 - 2025)

Historic Operating Margin for Nike (NKE) over the last 17 years, with Q4 2025 value amounting to 8.1%.

  • Nike's Operating Margin fell 31100.0% to 8.1% in Q4 2025 from the same period last year, while for Nov 2025 it was 6.54%, marking a year-over-year decrease of 46400.0%. This contributed to the annual value of 7.99% for FY2025, which is 42900.0% down from last year.
  • As of Q4 2025, Nike's Operating Margin stood at 8.1%, which was down 31100.0% from 7.91% recorded in Q3 2025.
  • In the past 5 years, Nike's Operating Margin registered a high of 17.34% during Q3 2021, and its lowest value of 2.89% during Q2 2025.
  • Moreover, its 5-year median value for Operating Margin was 11.96% (2022), whereas its average is 11.58%.
  • In the last 5 years, Nike's Operating Margin soared by 287700bps in 2021 and then tumbled by -93700bps in 2025.
  • Quarter analysis of 5 years shows Nike's Operating Margin stood at 12.8% in 2021, then dropped by -7bps to 11.92% in 2022, then rose by 14bps to 13.63% in 2023, then decreased by -18bps to 11.2% in 2024, then dropped by -28bps to 8.1% in 2025.
  • Its Operating Margin was 8.1% in Q4 2025, compared to 7.91% in Q3 2025 and 2.89% in Q2 2025.