NKE Nike, Inc.

FY2025 10-K
Filed: Jul 17, 2025
Materials
Rubber & Plastics FootwearSEC EDGAR

Nike, Inc. (NKE) filed its fiscal year 2025 10-K annual report with the SEC on Jul 17, 2025. This page provides AI-powered analysis of the filing, including business overview, management discussion, risk factors, and key financial metrics from XBRL data.

AI Filing Analysis
FY2025 10-K

Business Overview

  • Core business model: Design, marketing, and selling athletic footwear, apparel, equipment, and accessories
  • No new products, services, or business segments introduced or highlighted in this year's filing
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Management Discussion & Analysis

  • Revenue and YoY change not explicitly stated in the provided text
  • Expected gross margin negative impact in fiscal 2026 due to new tariffs; no current year margin % disclosed
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Risk Factors

  • Regulatory tax risk: Implementation of The One Big Beautiful Bill Act of 2025 affecting U.S. corporate income tax, impacting fiscal 2026 onwards
  • Macroeconomic exposure: Greater China revenue down 12% currency-neutral; EBIT down 31% reflecting regional demand decline and market challenges
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Financial Summary
XBRL

Revenue

$46.3B

Net Income

$3.2B

Gross Margin

42.7%

Net Margin

7.0%

ROE

24.4%

Total Assets

$36.6B

EPS (Diluted)

$2.16

Operating Cash Flow

$3.7B

Source: XBRL data from Nike, Inc. FY2025 10-K filing on SEC EDGAR. All figures in USD.

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