NIKE, Inc. (NKE) quarterly cash flow statement — complete operating, investing & financing history
NIKE, Inc. (NKE) cash flow statement — 30-year operating, investing & financing cash flows
| Metric | Q1'27 | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 |
|---|
| Cash from Operations | 135M | 1.64B | 430M | 579M | 222M | 463M | 1.79B | 1.05B | 394M | 2.62B | 2.06B | 2.82B | -66M | 2.25B | 2.23B | 1B | 357M | 1.15B | 169M | 2.76B |
| Operating CF Margin % | 1.2% | 14.92% | 3.81% | 4.66% | 1.89% | 4.17% | 15.9% | 8.49% | 3.4% | 20.78% | 16.57% | 21.04% | -0.51% | 17.57% | 18% | 7.52% | 2.81% | 9.41% | 1.55% | 24.28% |
| Operating CF Growth % | -39.19% | 253.56% | -76% | -44.8% | -43.65% | -82.32% | -12.97% | -62.76% | 696.97% | 16.25% | -7.67% | 181.42% | -118.49% | 95.74% | 1219.53% | -63.69% | -67.87% | -42.79% | -86.9% | 11.48% |
| Net Income | 712M | 1.07B | 520M | 792M | 727M | 211M | 794M | 1.16B | 1.05B | 1.5B | 1.17B | 1.58B | 1.45B | 1.03B | 1.24B | 1.33B | 1.47B | 1.44B | 1.4B | 1.34B |
| Depreciation & Amortization | 193M | 203M | 185M | 180M | 198M | 197M | 242M | 185M | 184M | 204M | 270M | 184M | 186M | 236M | 144M | 319M | 160M | 296M | 183M | 193M |
| Stock-Based Compensation | 158M | 165M | 194M | 176M | 185M | 165M | 169M | 192M | 183M | 186M | 216M | 206M | 196M | 199M | 192M | 194M | 170M | 171M | 161M | 170M |
| Deferred Taxes | -67M | 0 | -64M | -43M | -25M | 16M | -116M | -135M | -53M | -216M | -137M | -76M | -68M | 99M | -66M | -107M | -43M | -416M | -12M | -77M |
| Other Non-Cash Items | -15M | 365M | -22M | 20M | 34M | 13M | -30M | 61M | -7M | -57M | -38M | -36M | -7M | -16M | -72M | -141M | 16M | -29M | -45M | 5M |
| Working Capital Changes | -846M | -165M | -383M | -546M | -897M | -139M | 733M | -417M | -964M | 1B | 576M | 961M | -1.82B | 704M | 792M | -595M | -1.41B | -310M | -1.51B | 1.13B |
| Change in Receivables | 695M | -584M | 398M | -806M | -215M | -93M | 779M | -631M | -312M | 100M | 220M | -28M | -621M | 380M | 987M | -463M | -415M | -970M | -77M | 507M |
| Change in Inventory | -312M | -55M | 281M | 353M | -610M | 219M | 448M | 132M | -679M | 210M | 205M | 756M | -263M | 394M | 421M | 415M | -1.36B | -804M | -1.14B | 167M |
| Change in Payables | -1.22B | 528M | -1.21B | -369M | 93M | -276M | -119M | -323M | 292M | 610M | 99M | 402M | -714M | 301M | -582M | -436M | 492M | 1.67B | -102M | 657M |
| Cash from Investing | -192M | -212M | -168M | -49M | -59M | 14M | -49M | -74M | -166M | -290M | 309M | 457M | 418M | 427M | 160M | 191M | -214M | 187M | -606M | -1.61B |
| Capital Expenditures | -199M | -138M | -146M | -193M | -207M | -100M | -81M | -129M | -120M | -213M | -141M | -205M | -253M | -269M | -200M | -236M | -264M | -242M | -154M | -178M |
| CapEx % of Revenue | 1.77% | 1.26% | 1.29% | 1.55% | 1.77% | 0.9% | 0.72% | 1.04% | 1.04% | 1.69% | 1.13% | 1.53% | 1.96% | 2.1% | 1.61% | 1.77% | 2.08% | 1.98% | 1.42% | 1.57% |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | -2M | -60M | -3M | 0 | 0 | -2M | 10M | 0 | -6M | 1M | -9M | -1M | -10M | 8M | -85M | 139M | 20M | -72M | -69M |
| Cash from Financing | -618M | -514M | -601M | -579M | -598M | -1.64B | -1.11B | -1.45B | -1.62B | -1.42B | -1.32B | -1.55B | -1.6B | -2.18B | -1.95B | -1.92B | -1.4B | -1.38B | -1.61B | -1.1B |
| Debt Issued (Net) | 0 | 4M | 0 | -3M | -1M | -999M | -45M | 37M | 6M | 0 | 0 | 0 | 0 | -508M | 7M | -2M | -1M | 11M | -9M | 0 |
| Equity Issued (Net) | 0 | 103M | 17M | -20M | -126M | -199M | -506M | -1.1B | -1.18B | -846M | -733M | -970M | -1.03B | -1.14B | -1.55B | -1.57B | -983M | -1.09B | -1.2B | -598M |
| Dividends Paid | -610M | -609M | -609M | -598M | -591M | -591M | -594M | -557M | -558M | -560M | -562M | -523M | -524M | -524M | -528M | -480M | -480M | -481M | -483M | -438M |
| Share Repurchases | 0 | 0 | 0 | -20M | -126M | -199M | -506M | -1.1B | -1.18B | -1.04B | -883M | -1.2B | -1.13B | -1.38B | -1.55B | -1.57B | -983M | -1.09B | -1.2B | -971M |
| Other Financing | -8M | -12M | -9M | 42M | 120M | 145M | 39M | 168M | 114M | -14M | -22M | -59M | -41M | -8M | 127M | 132M | 60M | 181M | 82M | -67M |
| Net Change in Cash | -660M | 903M | -314M | -50M | -440M | -1.14B | 622M | -506M | -1.38B | 900M | 1.04B | 1.74B | -1.26B | 486M | 465M | -736M | -1.35B | -130M | -2.05B | 31M |
| Free Cash Flow | -64M | 1.5B | 284M | 386M | 15M | 363M | 1.71B | 920M | 274M | 2.41B | 1.92B | 2.61B | -319M | 1.98B | 2.03B | 765M | 93M | 909M | 15M | 2.58B |
| FCF Margin % | -0.57% | 13.66% | 2.52% | 3.11% | 0.13% | 3.27% | 15.18% | 7.45% | 2.36% | 19.09% | 15.43% | 19.51% | -2.47% | 15.47% | 16.38% | 5.75% | 0.73% | 7.43% | 0.14% | 22.71% |
| FCF Growth % | -526.67% | 312.95% | -83.4% | -58.04% | -94.53% | -84.91% | -10.79% | -64.78% | 185.89% | 21.27% | -5.52% | 241.44% | -443.01% | 118.26% | 13433.33% | -70.34% | -89.97% | -50.54% | -98.65% | 11.89% |
| FCF per Share | -0.04 | 1.01 | 0.19 | 0.26 | 0.01 | 0.25 | 1.15 | 0.62 | 0.18 | 1.59 | 1.26 | 1.70 | -0.21 | 1.27 | 1.30 | 0.49 | 0.06 | 0.57 | 0.01 | 1.59 |
| FCF Conversion (FCF/Net Income) | 0.19x | 1.53x | 0.83x | 0.73x | 0.31x | 2.19x | 2.26x | 0.90x | 0.37x | 1.75x | 1.76x | 1.79x | -0.05x | 2.19x | 1.80x | 0.75x | 0.24x | 0.80x | 0.12x | 2.06x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |