Nike, Inc. (NKE) FY2025 10-K Annual Report

Filed: Jul 17, 2025
Materials
Rubber & Plastics FootwearSEC EDGAR

Nike, Inc. (NKE) 10-K annual report for fiscal year 2025, filed with SEC EDGAR on Jul 17, 2025. This page provides AI-powered analysis including business overview, management discussion & analysis (MD&A), risk factors, and key financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE) extracted from XBRL.

Nike, Inc. FY2025 10-K Analysis

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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Nike, Inc. FY2025 Key Financial Metrics
XBRL

Revenue

$46.3B

-9.8% YoY

Net Income

$3.2B

-43.5% YoY

Gross Margin

42.7%

-183bp YoY

Net Margin

7.0%

-415bp YoY

ROE

24.4%

-1514bp YoY

Total Assets

$36.6B

-4.0% YoY

EPS (Diluted)

$2.16

-42.1% YoY

Operating Cash Flow

$3.7B

-50.2% YoY

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

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