FINHUB Insights

NKE · Q1 FY26 · Jun 1 – Aug 31, 2025

Nike Q1 FY26: where the revenue came from and where it went

Nike Q1 FY26: revenue $11.7B (+1% year over year). Net profit $0.7B. Largest cohort Footwear $7.7B. The whole income statement as a sankey diagram from the SEC filing.

Period
Jun 1 – Aug 31, 2025
Reported
Oct 1, 2025 10-Q
Sankey diagram of Nike's income statement for Q1 FY26: revenue of $11.7 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$11.7B +1% year over year
Gross profit$4.9B 42% margin
Operating profit$0.9B 8% margin
Net profit$0.7B 6% margin

The numbers

All figures in billions of U.S. dollars, for Q1 FY26 (period ends Aug 31, 2025).
ItemValueShare of revenueYear over year
Revenue 11.7 100% +1%
Footwear 7.7 66% −2%
Apparel 3.3 28% +9%
Sporting Equipment 0.6 5% +4%
Cost of revenue−6.858%
Gross profit4.942% margin−3pp
SG&A−1.234%−1pp
G&A−2.824%+0pp
Operating profit0.98% margin+0pp
Tax−0.2
Net profit0.76%−3pp
Filing on EDGAR More quarters of NKE

Source of the numbers: structured XBRL data from the filing (10-Q). The diagram is generated automatically and checked against EDGAR before release. How we calculate it → About and methodology.

Older quarters