Nike Cash Flow Statement
NYSE: NKEConsumer DiscretionaryShoe ManufacturingUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Nike free cash flow
In fiscal 2026, Nike generated $2.87 billion of operating cash flow and spent $684.0 million on capital expenditures. That left free cash flow of $2.18 billion, a free-cash-flow margin of 4.7% of revenue. Free cash flow was down 33.2% from the prior year's $3.27 billion.
Nike returned $2.55 billion to shareholders: $2.41 billion in dividends and $146.0 million in share repurchases, equal to 117% of free cash flow. Free cash flow covered dividend payments 0.9 times.
Summary generated from market data by MetaCap's automated system. Methodology
Nike cash flow statement (annual)
| Fiscal year (USD) | FY 20262026-05-31 | FY 20252025-05-31 | FY 20242024-05-31 | FY 20232023-05-31 | FY 20222022-05-31 | FY 20212021-05-31 | FY 20202020-05-31 | FY 20192019-05-31 | FY 20182018-05-31 | FY 20172017-05-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 3.11B | 3.22B | 5.70B | 5.07B | 6.05B | 5.73B | 2.54B | 4.03B | 1.93B | 4.24B |
| Net Income growth (YoY) | -3.45% | -43.53% | +12.43% | -16.14% | +5.57% | +125.56% | -36.98% | +108.43% | -54.41% | +12.77% |
| Depreciation & Amortization | 747.00M | 775.00M | 796.00M | 703.00M | 717.00M | 744.00M | 721.00M | 705.00M | 747.00M | 706.00M |
| Stock-Based Compensation | 715.00M | 709.00M | 804.00M | 755.00M | 638.00M | 611.00M | 429.00M | 325.00M | 218.00M | 215.00M |
| Change in Working Capital | -719.00M | -361.00M | 319.00M | -288.00M | -3.02B | -1.28B | -1.27B | -963.00M | -33.00M | -777.00M |
| Operating Cash Flow | 2.87B | 3.70B | 7.43B | 5.84B | 5.19B | 6.66B | 2.48B | 5.90B | 4.96B | 3.85B |
| Capital Expenditures | -684.00M | -430.00M | -812.00M | -969.00M | -758.00M | -695.00M | -1.09B | -1.12B | -1.03B | -1.10B |
| Investing Cash Flow | -488.00M | -275.00M | 894.00M | 564.00M | -1.52B | -3.80B | -1.03B | -264.00M | 276.00M | -1.01B |
| Dividends Paid | -2.41B | -2.30B | -2.17B | -2.01B | -1.84B | -1.64B | -1.45B | -1.33B | -1.24B | -1.13B |
| Share Repurchases | -146.00M | -2.98B | -4.25B | -5.48B | -4.01B | -608.00M | -3.07B | -4.29B | -4.25B | -3.22B |
| Debt Issued | — | — | — | — | 0 | 0 | 6.13B | 0 | 0 | 1.48B |
| Debt Repaid | 0 | -1.00B | 0 | -500.00M | 0 | -197.00M | -6.00M | -6.00M | -6.00M | -44.00M |
| Financing Cash Flow | -2.29B | -5.82B | -5.89B | -7.45B | -4.84B | -1.46B | 2.49B | -5.29B | -4.83B | -2.15B |
| Net Change in Cash | 99.00M | -2.40B | 2.42B | -1.13B | -1.31B | 1.54B | 3.88B | 217.00M | 441.00M | 670.00M |
| Free Cash Flow | 2.18B | 3.27B | 6.62B | 4.87B | 4.43B | 5.96B | 1.40B | 4.78B | 3.93B | 2.74B |
This table shows 10 annual periods of Nike's cash flow statement, from FY 2026 back to FY 2017, across 14 line items including net income, depreciation & amortization, stock-based compensation. Values in USD; B = billions, M = millions. Fiscal periods follow NKE's reporting calendar. What is a cash flow statement?