TickerStat.comNike annual operating margin
2023
2024
2025
2026
Nike Operating Margin Growth & History (NKE)
Nike's operating margin was 8.18% for fiscal 2026.
View full Nike company overviewNike annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2026 | 2026-05-31 | 8.18% | +0.19 pp |
| 2025 | 2025-05-31 | 7.99% | −4.29 pp |
| 2024 | 2024-05-31 | 12.29% | +0.74 pp |
| 2023 | 2023-05-31 | 11.55% | — |
Nike quarterly operating margin
Q4.25
Q1.26
Q2.26
Q3.26
Q4.26
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q4 2026 | 2026-05-31 | 11.95% | +9.06 pp |
| Q3 2026 | 2026-02-28 | 4.90% | — |
| Q2 2026 | 2025-11-30 | 8.10% | — |
| Q1 2026 | 2025-08-31 | 7.91% | — |
| Q4 2025 | 2025-05-31 | 2.89% | — |
Nike operating margin trends
Between the periods ended 2023-05-31 and 2026-05-31, Nike's operating margin decreased from 11.55% to 8.18%, a change of −3.37 percentage points. The latest reported quarter, Q4 2026, shows 11.95%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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