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Form 8-K · Current Report · Filed 2025-12-18

NIKE Reports Fiscal 2026 Second Quarter Financial Results

NIKE, Inc. reported fiscal 2026 second quarter results for the period ending November 30, 2025. The company's revenues were $12.4 billion, up 1 percent on a reported basis and flat on a currency-neutral basis. Wholesale revenues increased by 8 percent, while NIKE Direct revenues decreased by 8 percent on a reported basis. Gross margin decreased to 40.6 percent, and net income dropped to $0.8 billion with diluted earnings per share at $0.53. The company's management commented on the resilience of their portfolio and the actions being taken to drive long-term growth.

Filer
Nike Inc. NKE · NYSE
Filed
Accession
0000320187-25-000138
CIK
0000320187
Signal
Low impactConsumer Cyclical

Items reported

Item 2.02

Results of Operations and Financial Condition

General Statement
Item 9.01

Financial Statements and Exhibits

Exhibits Furnished

Market reaction

Close before filing

$65.69

Next session

-10.6%

Since filing

-36.5%

Latest close

$41.71

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from NKE reporting the same item, with the next session's move:

About Nike Inc.

Nike Inc. is a global leader in the design, development, and marketing of athletic footwear, apparel, equipment, and accessories. As a major player in the sports and lifestyle industries, Nike's primary function is to provide high-performance athletic gear that enhances athletic pursuits across various disciplines, including running, basketball, soccer, and tennis, among others. Noteworthy for its innovative product line, Nike consistently pushes the boundaries of sports technology, offering products like the Air Max and Flyknit shoes that integrate advanced materials and design for optimal performance. Beyond physical products, Nike is heavily involved in digital transformation efforts, delivering enhanced experiences through platforms like the Nike Training Club and Nike App. Serving a diverse customer base from professional athletes to everyday fitness enthusiasts, the company maintains a significant presence worldwide. With headquarters in Beaverton, Oregon, Nike also sponsors prominent sports teams and figures, reinforcing its influence on global sports culture.

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