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Get filing alertsNIKE's net income fell 3.4% to $3.11B in fiscal 2026, while gross margin rose to 42.9% including a benefit of $986 million.
Filed July 15, 2026 · Period ending May 31, 2026 · Compared to 10-K Jul 17, 2025 · ~1 min read
Key Changes
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Revenue was flat at $46.40B, with NIKE Brand revenue up 1.1% and Converse revenue down 30.6%.
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Gross margin rose to 42.9%, including a benefit of $986 million recognized in the fourth quarter.
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Share repurchases dropped 95.1% to $146.0M, and the company paused buybacks during the year.
1 more material change 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