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NYSE: NKE NIKE, Inc. 10-K

revenue $46.4B, net income $3.11B. Nike FY26 revenue flat at +0.2%; tariff recovery offsets severance as buybacks pause

Filed July 15, 2026 · Period ending May 31, 2026 · Compared to 10-K Jul 17, 2025 · ~2 min read

Key Changes

  • high

    IEEPA tariff recovery benefit recognized in Q4 FY26 following Supreme Court ruling that tariffs were unauthorized; receivable outstanding at year-end, substantially collected post-close.

    MD&A: IEEPA Tariff Recovery verify on EDGAR →
  • high

    in new severance charges for organizational changes, concentrated in Global Brand Divisions, North America, and EMEA; remains unpaid at year-end, separate from prior FY24 restructuring.

    MD&A: Severance and Restructuring verify on EDGAR →
  • high

    Share repurchases collapsed in FY26 FY25; company paused buybacks in Q1 and bought zero shares in Q4, leaving remaining under authorization.

    MD&A: Share Repurchase Program verify on EDGAR →

2 more material changes behind this preview — plus the full narrative summary, section-by-section diffs against the prior filing, and verbatim quotes with EDGAR citations.

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Figures/quotes linked to EDGAR · Narrative written by AI · Jul 17, 2026 · How we verify