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Nike NKE Gross margin

Gross margin at other companies

V.F. Corporation logo
V.F. CorporationVFC
55%+1.0pp
Wolverine World Wide logo
Wolverine World WideWWW
47.3%+2.6pp
Deckers Outdoor Corporation logo
Deckers Outdoor CorporationDECK
57.8%+0.2pp
Columbia Sportswear Company logo
Columbia Sportswear CompanyCOLM
50.5%+0.2pp
Crocs logo
CrocsCROX
57.5%-1.9pp
Under Armour, Inc. logo
Under Armour, Inc.UA

Other financials

Income statement

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Revenue$11.0B-1.1%
Gross profit$5.4B+20.7%
Net income$1.1B+407%
EPS (diluted)$0.72+414%

Balance sheet

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Cash & equivalents$7.6B+519%
Total debt$11.0B+0.1%
Total equity$14.9B+12.5%
Total assets$38.4B+5.0%

Cash flow

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Operating cash flow$1.6B+254%
CapEx$138.0M+38.0%
Free cash flow$1.5B+313%

Valuation

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Market cap$61.88B-44.0%
Enterprise value$65.35B-45.7%
P/E19.9×-14.4×
P/S1.3×-1.0×

Profitability

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Net margin6.7%-0.3pp
FCF margin4.7%-2.3pp

Returns & leverage

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Return on equity22.1%-1.2pp
Debt / equity0.7×-0.1×
Current ratio-0.3×

Where this comes from

Calculated from Nike’s reported figures.

Based on trailing twelve months.

The source filing: Nike’s 10-K, filed July 15, 2026. Open the filing →

Filed
Jul 15, 2026, 4:43 PM EDT
Fiscal year
FY2026
Accession
0000320187-26-000088

FAQ

What is Nike's gross margin?
Nike (NKE) reported gross margin of 42.9% in Q1 2026.
How has Nike's gross margin changed year-over-year?
Nike's gross margin increased by 0.4% year-over-year, from 42.7% to 42.9%.
What is the long-term trend for Nike's gross margin?
Over 5 years (2021 to 2026), Nike's gross margin has grown at a -0.9% compound annual growth rate (CAGR), from 44.8% to 42.9%.
What does gross margin mean?
Gross profit (revenue minus cost of revenue) as a percentage of revenue, on a trailing-twelve-month basis. Measures how much of each sales dollar survives the direct cost of producing the goods or services sold.

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