NIKE, Inc.
Cash Flow Statement
| Line Item | May 2026 | Feb 2026 | Nov 2025 | Aug 2025 | May 2025 | Feb 2025 | Nov 2024 | Aug 2024 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $1.07B | $520.0M | $792.0M | $727.0M | $211.0M | $794.0M | $1.16B | $1.05B |
| Depreciation & Amortization | $193.0M | $185.0M | $179.0M | $190.0M | $199.0M | $198.0M | $190.0M | $188.0M |
| Depreciation | — | — | — | — | — | $198.0M | $190.0M | $188.0M |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | $160.0M | $194.0M | $176.0M | $185.0M | $165.0M | $169.0M | $192.0M | $183.0M |
| Net Cash from Operating Activities | $1.64B | $430.0M | $579.0M | $222.0M | $463.0M | $1.79B | $1.05B | $394.0M |
| Investing Activities | ||||||||
| Capital Expenditures | $138.0M | $146.0M | $193.0M | $207.0M | $100.0M | $81.0M | $129.0M | $120.0M |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-212.0M | $-168.0M | $-49.0M | $-59.0M | $14.0M | $-49.0M | $-74.0M | $-166.0M |
| Financing Activities | ||||||||
| Dividends Paid | $609.0M | $609.0M | $598.0M | $591.0M | $591.0M | $594.0M | $557.0M | $558.0M |
| Stock Repurchases | $0 | $0 | $20.0M | $126.0M | $199.0M | $506.0M | $1.10B | $1.18B |
| Net Cash from Financing Activities | $-514.0M | $-601.0M | $-579.0M | $-598.0M | $-1.64B | $-1.11B | $-1.45B | $-1.62B |
| Net Change in Cash | $903.0M | $-314.0M | $-50.0M | $-440.0M | $-1.14B | $622.0M | $-506.0M | $-1.38B |
| Free Cash Flow | $1.50B | $284.0M | $386.0M | $15.0M | $363.0M | $1.71B | $920.0M | $274.0M |