Nike NIKE Brand — Demand creation expense decreased by 14.1% to $1.07B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 2.3%, from $1.05B to $1.07B. Over 2 years (FY 2023 to FY 2025), NIKE Brand — Demand creation expense shows an upward trend with a 7.8% CAGR.
Increased spending is often a proactive investment in growth, but if it does not lead to revenue growth, it may signal inefficient marketing spend.
This represents expenditures related to marketing, advertising, endorsements, and brand-building activities for the core...
Comparable to marketing and advertising expenses in other consumer-facing retail and apparel companies.
nke_segment_total_nike_brand_demand_creation_expense| Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $972.00M | $972.00M | $972.00M | $972.00M | $1.03B | $1.03B | $1.03B | $1.03B | $1.19B | $1.08B | $1.05B | $1.21B | $1.15B | $1.25B | $1.07B |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +6.3% | +0.0% | +0.0% | +0.0% | +15.0% | -9.5% | -2.7% | +15.9% | -4.8% | +8.0% | -14.1% |
| YoY Change | — | — | — | — | +6.3% | +6.3% | +6.3% | +6.3% | +15.0% | +4.1% | +1.3% | +17.4% | -2.9% | +15.9% | +2.3% |