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Nike NKE Q4 2025 Annual earnings

Reported June 26, 2025 · After market close

Revenue estimate$10.7B
EPS estimate$0.13

Next report

Sep 29, 2026 (in 3 months)
Revenue estimate$11.4B
EPS estimate$0.44

Financials

Q4 2025

Income statement

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Revenue$11.1B-12.0%
Gross profit$4.5B-20.7%
Net income$211.0M-85.9%
EPS (diluted)$0.14-85.9%

Balance sheet

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Cash & equivalents$1.2B-87.6%
Total debt$11.0B+0.6%
Total equity$13.2B-8.4%
Total assets$36.6B-4.0%

Cash flow

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Operating cash flow$463.0M-82.3%
CapEx$100.0M-53.1%
Free cash flow$363.0M-84.9%

Valuation & ratios

Valuation

as of 05/31/25
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Market cap$92.74B-35.6%
Enterprise value$102.53B-29.3%
P/E28.8×+3.5×
P/S-0.8×

Profitability

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Gross margin42.7%-1.8pp
Net margin7%-4.1pp
FCF margin7.1%-5.8pp

Returns & leverage

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Return on equity23.3%-16.8pp
Debt / equity0.8×+0.1×
Current ratio2.2×-0.2×

Segments

By product

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Footwear$7.5B-13.3%
Apparel$3.0B-9.7%
Sporting Equipment$574.0M-2.4%

By segment

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NIKE Brand$10.8B-11.4%
Converse$357.0M-25.6%

Versus estimates

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Questions, answered.

When did Nike report Q4 2025 earnings?
Nike (NKE) reported Q4 2025 earnings on June 26, 2025 after market close.
What were Nike's Q4 2025 revenue and EPS?
Nike reported revenue of $11.1B and diluted EPS of $0.14 for Q4 2025.
Did Nike beat estimates in Q4 2025?
Revenue beat the consensus estimate of $10.7B by $369.1M. EPS beat the consensus estimate of $0.13 by $0.01.
How did Nike's Q4 2025 results compare year-over-year?
Compared to the same quarter a year prior, revenue declined 12.0% from $12.6B a year earlier and diluted EPS declined 86.1% from $1.01.
Where can I find Nike's Q4 2025 SEC filings?
You can read the 10-K periodic report (0000320187-25-000047) directly on SEC EDGAR. The filing index links above go to sec.gov.