Skip to content

Nike NKE Gross margin

Gross margin at other companies

Deckers Outdoor Corporation logo
Deckers Outdoor CorporationDECK
57.7%-0.2pp
lululemon athletica logo
lululemon athleticaLULU
55.7%-3.6pp
TJX Companies logo
TJX CompaniesTJX
31.4%+0.9pp
Ralph Lauren logo
Ralph LaurenRL
69.9%+1.3pp
Dick's Sporting Goods logo
Dick's Sporting GoodsDKS
32.2%-3.8pp
Best Buy logo
Best BuyBBY
22.5%-0.1pp

Other financials

Income statement

See full
Revenue$11.3B+0.1%
Gross profit$4.5B-3.1%
Net income$520.0M-34.5%
EPS (diluted)$0.35-35.2%

Balance sheet

See full
Cash & equivalents$1.7B-80.3%
Total debt$10.2B-6.7%
Total equity$14.1B+0.6%
Total assets$37.1B-1.9%

Cash flow

See full
Operating cash flow$430.0M-76.0%
CapEx$146.0M+80.3%
Free cash flow$284.0M-83.4%

Valuation

See full
Market cap$65.44B-21.7%
Enterprise value$73.93B-16.1%
P/E29.1×+10.6×
P/S1.4×-0.3×

Profitability

See full
Net margin4.8%-4.6pp

Returns & leverage

See full
Return on equity16%-15.9pp
Debt / equity0.7×-0.1×
Current ratio2.1×-0.1×

Where this comes from

Calculated from Nike’s reported figures.

Based on trailing twelve months.

The official record: Nike’s 10-Q, filed April 1, 2026, on SEC EDGAR. View the filing →

Ask your AI about Nike's gross margin.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is Nike's gross margin?
Nike (NKE) reported gross margin of 40.8% in Q4 2025.
How has Nike's gross margin changed year-over-year?
Nike's gross margin decreased by 6.9% year-over-year, from 43.8% to 40.8%.
What is the long-term trend for Nike's gross margin?
Over 4 years (2021 to 2025), Nike's gross margin has grown at a 0.3% compound annual growth rate (CAGR), from 174.1% to 176%.
What does gross margin mean?
How much of every sales dollar is left after the direct cost of what was sold.
How do you interpret gross margin?
Higher and stable gross margins indicate pricing power and a durable cost structure. A declining trend signals input-cost pressure, pricing competition, or a shift toward lower-margin products.
How does gross margin compare across companies?
Highly comparable within an industry, less so across industries — software runs 70%+ while distributors run in single digits. Track the trend more than the absolute level across sectors.