Nike NIKE Brand — Operating overhead expense increased by 5.0% to $2.27B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 4.0%, from $2.19B to $2.27B. Over 2 years (FY 2023 to FY 2025), NIKE Brand — Operating overhead expense shows relatively stable performance with a -3.1% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
An increase relative to revenue suggests rising administrative bloat, while a decrease indicates improved operational leverage and cost management.
This encompasses the administrative and operational costs required to support the core brand's business activities, excl...
Comparable to selling, general, and administrative (SG&A) overhead allocations in other large-scale retail segments.
nke_segment_total_nike_brand_operating_overhead_expense| Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $2.35B | $2.35B | $2.35B | $2.35B | $2.27B | $2.27B | $2.27B | $2.27B | $2.17B | $2.22B | $2.19B | $2.24B | $2.21B | $2.17B | $2.27B |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | -3.5% | +0.0% | +0.0% | +0.0% | -4.2% | +2.1% | -1.3% | +2.3% | -1.4% | -1.8% | +5.0% |
| YoY Change | — | — | — | — | -3.5% | -3.5% | -3.5% | -3.5% | -4.2% | -2.2% | -3.5% | -1.2% | +1.7% | -2.2% | +4.0% |