NKE Nike, Inc.

Q4 2025 10-Q
Filed: Dec 30, 2025Period ending Nov 30, 2025
Materials
Rubber & Plastics FootwearSEC EDGAR

Nike, Inc. (NKE) 10-Q quarterly report for Q4 2025, filed with SEC EDGAR on Dec 30, 2025 for the fiscal period ending Nov 30, 2025. This page provides AI-powered analysis including management discussion & analysis (MD&A), risk factor updates, and key quarterly financial data such as revenue and net income extracted from XBRL.

AI Filing Analysis
Q4 2025 10-Q

Management Discussion & Analysis

  • Revenue impact from foreign exchange translation benefited consolidated Revenues by $123M (3 months) and $336M (6 months) ended Nov 30, 2025
  • Cash provided by operations $801M, down $642M YoY due to $580M net income decrease and $62M working capital changes
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Risk Factors

  • New risk: Greater China market challenges triggered by declining store traffic, elevated promotions, high inventory negatively impacting revenues/profitability through FY26
  • Material update: North America tariffs increased product costs, reducing gross margin by ~360 bps, partially offset by lower logistics costs
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