TickerStat.comNike annual net debt
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Nike Net Debt Growth & History (NKE)
Nike's net debt was $3.47B for fiscal 2026.
View full Nike company overviewNike annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2026 | 2026-05-31 | $3.47B | −$84.0M | −2.36% |
| 2025 | 2025-05-31 | $3.55B | $1.46B | +69.89% |
| 2024 | 2024-05-31 | $2.09B | −$2.61B | −55.52% |
| 2023 | 2023-05-31 | $4.70B | $650.0M | +16.04% |
| 2022 | 2022-05-31 | $4.05B | $1.13B | +38.61% |
| 2021 | 2021-05-31 | $2.92B | −$1.74B | −37.35% |
| 2020 | 2020-05-31 | $4.67B | $5.65B | — |
| 2019 | 2019-05-31 | −$987.0M | −$548.0M | — |
| 2018 | 2018-05-31 | −$439.0M | −$433.0M | — |
| 2017 | 2017-05-31 | −$6.0M | $1.09B | — |
| 2016 | 2016-05-31 | −$1.10B | $1.49B | — |
| 2015 | 2015-05-31 | −$2.59B | −$1.82B | — |
| 2014 | 2014-05-31 | −$773.0M | $1.12B | — |
| 2013 | 2013-05-31 | −$1.89B | −$22.0M | — |
| 2012 | 2012-05-31 | −$1.87B | −$655.0M | — |
| 2011 | 2011-05-31 | −$1.21B | $1.27B | — |
| 2010 | 2010-05-31 | −$2.49B | −$1.01B | — |
| 2009 | 2009-05-31 | −$1.48B | — | — |
Nike quarterly net debt
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Q1.10
Q2.10
Q3.10
Q4.10
Q1.11
Q2.11
Q3.11
Q4.11
Q1.12
Q2.12
Q3.12
Q4.12
Q1.13
Q2.13
Q3.13
Q4.13
Q1.14
Q2.14
Q3.14
Q4.14
Q1.15
Q2.15
Q3.15
Q4.15
Q1.16
Q2.16
Q3.16
Q4.16
Q1.17
Q2.17
Q3.17
Q4.17
Q1.18
Q2.18
Q3.18
Q4.18
Q1.19
Q2.19
Q3.19
Q4.19
Q1.20
Q2.20
Q3.20
Q4.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
Q3.26
Q4.26
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q4 2026 | 2026-05-31 | $3.47B | −$84.0M | −2.36% |
| Q3 2026 | 2026-02-28 | $4.52B | $1.21B | +36.50% |
| Q2 2026 | 2025-11-30 | $4.31B | $222.0M | +5.43% |
| Q1 2026 | 2025-08-31 | $4.04B | $396.0M | +10.88% |
| Q4 2025 | 2025-05-31 | $3.55B | $1.46B | +69.89% |
| Q3 2025 | 2025-02-28 | $3.31B | $169.0M | +5.38% |
| Q2 2025 | 2024-11-30 | $4.09B | −$172.0M | −4.04% |
| Q1 2025 | 2024-08-31 | $3.64B | −$2.36B | −39.31% |
| Q4 2024 | 2024-05-31 | $2.09B | −$2.61B | −55.52% |
| Q3 2024 | 2024-02-29 | $3.14B | −$2.47B | −44.02% |
| Q2 2024 | 2023-11-30 | $4.26B | −$1.78B | −29.44% |
| Q1 2024 | 2023-08-31 | $6.00B | $634.0M | +11.82% |
| Q4 2023 | 2023-05-31 | $4.70B | $650.0M | +16.04% |
| Q3 2023 | 2023-02-28 | $5.61B | $1.66B | +41.94% |
| Q2 2023 | 2022-11-30 | $6.04B | $4.06B | +206.03% |
| Q1 2023 | 2022-08-31 | $5.37B | $3.29B | +159.18% |
| Q4 2022 | 2022-05-31 | $4.05B | $1.13B | +38.61% |
| Q3 2022 | 2022-02-28 | $3.95B | −$381.0M | −8.79% |
| Q2 2022 | 2021-11-30 | $1.97B | −$2.20B | −52.71% |
| Q1 2022 | 2021-08-31 | $2.07B | −$2.75B | −57.04% |
| Q4 2021 | 2021-05-31 | $2.92B | −$1.74B | −37.35% |
| Q3 2021 | 2021-02-28 | $4.33B | $541.0M | +14.26% |
| Q2 2021 | 2020-11-30 | $4.17B | $318.0M | +8.26% |
| Q1 2021 | 2020-08-31 | $4.82B | $1.44B | +42.76% |
| Q4 2020 | 2020-05-31 | $4.67B | $5.65B | — |
| Q3 2020 | 2020-02-29 | $3.79B | $4.00B | — |
| Q2 2020 | 2019-11-30 | $3.85B | $3.79B | +6541.38% |
| Q1 2020 | 2019-08-31 | $3.38B | $3.17B | +1554.41% |
| Q4 2019 | 2019-05-31 | −$987.0M | −$548.0M | — |
| Q3 2019 | 2019-02-28 | −$208.0M | −$32.0M | — |
| Q2 2019 | 2018-11-30 | $58.0M | −$349.0M | −85.75% |
| Q1 2019 | 2018-08-31 | $204.0M | −$197.0M | −49.13% |
| Q4 2018 | 2018-05-31 | −$439.0M | −$433.0M | — |
| Q3 2018 | 2018-02-28 | −$176.0M | $344.0M | — |
| Q2 2018 | 2017-11-30 | $407.0M | $1.21B | — |
| Q1 2018 | 2017-08-31 | $401.0M | $1.00B | — |
| Q4 2017 | 2017-05-31 | −$6.0M | $1.09B | — |
| Q3 2017 | 2017-02-28 | −$520.0M | $469.0M | — |
| Q2 2017 | 2016-11-30 | −$802.0M | $878.0M | — |
| Q1 2017 | 2016-08-31 | −$600.0M | $1.44B | — |
| Q4 2016 | 2016-05-31 | −$1.10B | $1.49B | — |
| Q3 2016 | 2016-02-29 | −$989.0M | $775.0M | — |
| Q2 2016 | 2015-11-30 | −$1.68B | −$686.0M | — |
| Q1 2016 | 2015-08-31 | −$2.04B | −$1.08B | — |
| Q4 2015 | 2015-05-31 | −$2.59B | −$1.82B | — |
| Q3 2015 | 2015-02-28 | −$1.76B | −$1.23B | — |
| Q2 2015 | 2014-11-30 | −$994.0M | −$296.0M | — |
| Q1 2015 | 2014-08-31 | −$956.0M | $330.0M | — |
| Q4 2014 | 2014-05-31 | −$773.0M | $1.12B | — |
| Q3 2014 | 2014-02-28 | −$537.0M | $1.70B | — |
| Q2 2014 | 2013-11-30 | −$698.0M | $1.26B | — |
| Q1 2014 | 2013-08-31 | −$1.29B | $515.0M | — |
| Q4 2013 | 2013-05-31 | −$1.89B | −$22.0M | — |
| Q3 2013 | 2013-02-28 | −$2.24B | −$584.0M | — |
| Q2 2013 | 2012-11-30 | −$1.96B | −$505.0M | — |
| Q1 2013 | 2012-08-31 | −$1.80B | −$711.0M | — |
| Q4 2012 | 2012-05-31 | −$1.87B | −$655.0M | — |
| Q3 2012 | 2012-02-29 | −$1.65B | −$133.0M | — |
| Q2 2012 | 2011-11-30 | −$1.46B | −$288.0M | — |
| Q1 2012 | 2011-08-31 | −$1.09B | $337.0M | — |
| Q4 2011 | 2011-05-31 | −$1.21B | $1.27B | — |
| Q3 2011 | 2011-02-28 | −$1.52B | $137.8M | — |
| Q2 2011 | 2010-11-30 | −$1.17B | $294.7M | — |
| Q1 2011 | 2010-08-31 | −$1.43B | $289.0M | — |
| Q4 2010 | 2010-05-31 | −$2.49B | −$1.01B | — |
| Q3 2010 | 2010-02-28 | −$1.66B | — | — |
| Q2 2010 | 2009-11-30 | −$1.46B | — | — |
| Q1 2010 | 2009-08-31 | −$1.72B | — | — |
| Q4 2009 | 2009-05-31 | −$1.48B | — | — |
Nike net debt trends
Over the last five fiscal years, Nike's net debt increased from $2.92B to $3.47B, a change of $546.0M. The latest reported quarter, Q4 2026, shows $3.47B.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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