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Nike NKE CONVERSE — Selling, General and Administrative Expense

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Other financials

Income statement

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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

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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

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Operating cash flow$430.0M-76.0%
CapEx$146.0M+80.2%
Free cash flow$284.0M-83.4%

Valuation

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Market cap$60.57B-31.4%
Enterprise value$69.05B-29.6%
P/E26.9×-0.5×
P/S1.3×-0.6×

Profitability

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Gross margin40.8%-3.0pp
Net margin4.8%-4.6pp
FCF margin2.3%-8.9pp

Returns & leverage

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

Where this comes from

Reported directly by Nike in its filing.

Tagged under the XBRL concept us-gaap:SellingGeneralAndAdministrativeExpense.

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

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Questions, answered.

What is Nike's CONVERSE — selling, general and administrative expense?
Nike (NKE) reported CONVERSE — selling, general and administrative expense of $137M in Q4 2025.
How has Nike's CONVERSE — selling, general and administrative expense changed year-over-year?
Nike's CONVERSE — selling, general and administrative expense decreased by 7.4% year-over-year, from $148M to $137M.
What is the long-term trend for Nike's CONVERSE — selling, general and administrative expense?
Over 2 years (2023 to 2025), Nike's CONVERSE — selling, general and administrative expense has grown at a -4.1% compound annual growth rate (CAGR), from $637M to $586M.
What does CONVERSE — selling, general and administrative expense mean?
The total of all operating expenses for the Converse segment, including demand creation, administrative overhead, and other selling costs. It represents the total cost of running the business outside of production.