Current Assets

Finished goods

Nike Finished goods decreased by 3.1% to $7.49B in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 0.7%, from $7.54B to $7.49B. Over 4 years (FY 2021 to FY 2025), Finished goods shows relatively stable performance with a 2.2% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ2 2025
Last reportedQ1 2026

How to read this metric

A decrease relative to sales may indicate strong demand, while an increase may signal slowing sales or inventory accumulation.

Detailed definition

This represents the value of completed products ready for sale to customers, net of any reserves for obsolescence or slo...

Peer comparison

Standard inventory metric for all manufacturing and industrial companies.

Metric ID: current_assets_inventory_finished_goods_net_of_reserves

Historical Data

20 periods
 Q1 '21Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value$6.85B$6.70B$6.51B$7.70B$8.42B$9.66B$9.33B$8.91B$8.45B$8.70B$7.98B$7.73B$7.52B$8.25B$7.98B$7.54B$7.49B$8.11B$7.73B$7.49B
QoQ Change-2.3%-2.9%+18.4%+9.4%+14.8%-3.5%-4.5%-5.1%+2.9%-8.3%-3.2%-2.7%+9.8%-3.3%-5.5%-0.7%+8.3%-4.8%-3.1%
YoY Change+22.8%+44.2%+43.3%+15.6%+0.4%-10.0%-14.4%-13.2%-11.1%-5.1%+0.0%-2.4%-0.4%-1.7%-3.2%-0.7%
Range$6.51B$9.66B
CAGR+1.9%
Avg YoY Growth+4.0%
Median YoY Growth-1.2%
Current Streak2 quarters decline

Business Segments

View all
SegmentQ2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
NIKE Brand$7.21B$7.95B$7.66B$7.19B$7.24B$7.96B$7.66B$7.54B
Converse$296.00M$313.00M$306.00M$285.00M$272.00M$247.00M$229.00M$195.00M
Total$7.52B$8.25B$7.98B$7.54B$7.49B$8.11B$7.73B$7.49B

Converse, NIKE Brand were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.

Frequently Asked Questions

What is Nike's finished goods?
Nike (NKE) reported finished goods of $7.49B in Q4 2025.
How has Nike's finished goods changed year-over-year?
Nike's finished goods decreased by 0.7% year-over-year, from $7.54B to $7.49B.
What is the long-term trend for Nike's finished goods?
Over 4 years (2021 to 2025), Nike's finished goods has grown at a 2.2% compound annual growth rate (CAGR), from $6.85B to $7.49B.
What does finished goods mean?
The value of completed products ready for sale, after accounting for potential losses.