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Nike NKE Equipment — Revenue

Other product segments

Footwear
$7.31B-2.4%
Apparel
$3.06B+1.3%

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$2.32M-27.6%
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URIEquipment Rental Revenue — Revenue
$3.85B+12.7%

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$61.86B-43.4%
Enterprise value$65.33B-45.2%
P/E19.9×-14.1×
P/S1.3×-1.0×

Profitability

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Gross margin42.9%+0.2pp
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

Reported directly by Nike in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

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

Filed
Jul 15, 2026, 4:43 PM EDT
Fiscal year
FY2026
Accession
0000320187-26-000088
(Dollars in millions)NORTH AMERICAEUROPE, MIDDLE EAST & AFRICAGREATER CHINAASIA PACIFIC & LATIN AMERICAGLOBAL BRAND DIVISIONSTOTAL NIKE BRANDCONVERSECORPORATETOTAL NIKE, INC.
Revenues by:
Footwear$13,317$7,643$4,188$4,377$29,525$1,013$30,538
Apparel6,0754,2101,5351,62913,4494813,497
Equipment1,1197191242372,199212,220
Other4949922143
TOTAL REVENUES$20,511$12,572$5,847$6,243$49$45,222$1,174$2$46,398
Revenues by:
Sales to Wholesale Customers$11,958$8,461$3,255$3,779$27,453$605$28,058

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

FAQ

What is Nike's equipment — revenue?
Nike (NKE) reported equipment — revenue of $555M in Q1 2026.
How has Nike's equipment — revenue changed year-over-year?
Nike's equipment — revenue decreased by 3.3% year-over-year, from $574M to $555M.
What is the long-term trend for Nike's equipment — revenue?
Over 4 years (2022 to 2026), Nike's equipment — revenue has grown at a 7.7% compound annual growth rate (CAGR), from $1.65B to $2.22B.
What does equipment — revenue mean?
This metric represents the total net sales generated from the sale of sporting goods, including balls, bags, protective gear, and other athletic accessories. It serves as a measure of the company's ability to monetize its brand presence beyond core footwear and apparel categories. This revenue stream reflects consumer demand for specialized athletic tools and the brand's penetration into the broader sports equipment market.

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