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Nike NKE NIKE Brand — Operating overhead 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:GeneralAndAdministrativeExpense.

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 NIKE brand — operating overhead expense?
Nike (NKE) reported NIKE brand — operating overhead expense of $2.27B in Q4 2025.
How has Nike's NIKE brand — operating overhead expense changed year-over-year?
Nike's NIKE brand — operating overhead expense increased by 4.0% year-over-year, from $2.19B to $2.27B.
What is the long-term trend for Nike's NIKE brand — operating overhead expense?
Over 2 years (2023 to 2025), Nike's NIKE brand — operating overhead expense has grown at a -3.1% compound annual growth rate (CAGR), from $9.39B to $8.81B.
What does NIKE brand — operating overhead expense mean?
This encompasses the administrative and operational costs required to support the core brand's business activities, excluding direct production and marketing costs. It includes expenses like personnel, facilities, and general corporate support.