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Nike NKE Operating Lease Liabilities

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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$62.31B-44.1%
Enterprise value$65.78B-45.8%
P/E20.1×-14.6×
P/S1.3×-1.1×

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:OperatingLeaseLiabilityNoncurrent.

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
(In millions)MAY 31, 2026MAY 31, 2025
Income taxes payable377669
Total current liabilities12,54710,566
Long-term debt5,9427,961
Operating lease liabilities2,6132,550
Deferred income taxes and other liabilities2,4432,289
Commitments and contingencies (Note 16)
Redeemable preferred stock
Shareholders' equity:

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

FAQ

What is Nike's operating lease liabilities?
Nike (NKE) reported operating lease liabilities of $2.61B in Q1 2026.
How has Nike's operating lease liabilities changed year-over-year?
Nike's operating lease liabilities increased by 2.5% year-over-year, from $2.55B to $2.61B.
What is the long-term trend for Nike's operating lease liabilities?
Over 5 years (2021 to 2026), Nike's operating lease liabilities has grown at a -2.3% compound annual growth rate (CAGR), from $2.93B to $2.61B.
What does operating lease liabilities mean?
Long-term portion of operating lease obligations extending beyond one year, representing committed future rent payments.

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