PP&E (Net)
Nike PP&E (Net) decreased by 1.6% to $4.77B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 1.0%, from $4.72B to $4.77B. Over 4 years (FY 2021 to FY 2025), PP&E (Net) shows relatively stable performance with a -0.4% CAGR.
Analysis
How to read this metric
An increase indicates investment in future capacity or infrastructure, while a decrease suggests asset aging or a shift toward an asset-light model.
Detailed definition
The book value of long-term physical assets such as manufacturing facilities, data centers, and retail stores, net of ac...
Peer comparison
Varies significantly based on whether a company owns its manufacturing plants or outsources production to third-party partners.
property_plant_equipment_netHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | 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 | $4.87B | $4.81B | $4.81B | $4.79B | $4.78B | $4.85B | $4.94B | $5.08B | $5.11B | $5.15B | $5.08B | $5.00B | $4.95B | $4.86B | $4.72B | $4.83B | $4.86B | $4.84B | $4.77B |
| QoQ Change | — | -1.2% | -0.1% | -0.3% | -0.3% | +1.6% | +1.8% | +2.9% | +0.6% | +0.9% | -1.4% | -1.6% | -1.0% | -1.8% | -2.9% | +2.4% | +0.7% | -0.4% | -1.6% |
| YoY Change | — | — | — | — | -1.9% | +0.9% | +2.8% | +6.1% | +6.9% | +6.2% | +2.9% | -1.6% | -3.2% | -5.7% | -7.2% | -3.4% | -1.8% | -0.3% | +1.0% |
Business Segments
| Segment | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 |
|---|---|---|---|---|---|---|---|---|
| NIKE Brand | $3.21B | $3.28B | $3.35B | $3.27B | $3.22B | $3.19B | $3.13B | $3.02B |
| Converse | $38.00M | $36.00M | $33.00M | $30.00M | $27.00M | $23.00M | $20.00M | $17.00M |
| Total | $5.08B | $5.11B | $5.15B | $5.08B | $5.00B | $4.95B | $4.86B | $4.72B |
Converse, NIKE Brand were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.
PP&E (Net) at Other Companies
Frequently Asked Questions
- What is Nike's pp&e (net)?
- Nike (NKE) reported pp&e (net) of $4.77B in Q4 2025.
- How has Nike's pp&e (net) changed year-over-year?
- Nike's pp&e (net) increased by 1.0% year-over-year, from $4.72B to $4.77B.
- What is the long-term trend for Nike's pp&e (net)?
- Over 4 years (2021 to 2025), Nike's pp&e (net) has grown at a -0.4% compound annual growth rate (CAGR), from $4.90B to $4.83B.
- What does pp&e (net) mean?
- The value of the company's physical buildings, machinery, and equipment after accounting for wear and tear.