Nike, INC 10-Q quarterly reports

Nike reported a 35% drop in net income for its third fiscal quarter, driven by higher tariffs, strategic marketplace adjustments, and weakness in key international markets.

Nike reports a 32% drop in net income and a 300 basis point decline in gross margin for Q2 FY26, impacted by higher tariffs and strategic marketplace adjustments.

NIKE, Inc. reported a 1% increase in revenues to $11.7 billion for the first quarter of fiscal 2026, but net income declined 31% to $727 million, primarily due to higher discounts and product costs.

Nike's third-quarter fiscal year 2025 results reveal a decrease in revenue and gross margin, driven by strategic actions to reduce footwear supply and reposition the brand.

Nike's second-quarter fiscal 2025 results show a decline in revenue and profit, reflecting lower wholesale shipments and increased promotional activity as the company repositions its business.

Nike's first quarter of fiscal year 2025 saw a 10% revenue decrease, impacted by strategic portfolio adjustments and cautious consumer spending.

Nike's third-quarter results reveal flat revenue growth, a 150 basis point gross margin increase, and a 9% inventory decrease, as the company navigates a cautious consumer spending environment.