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Where the tokens are
Standardised from the company’s filings, newest period first, labelled with the company’s own fiscal calendar. A line the company does not report is left off rather than shown as zero; margins and free cash flow are worked out here, and only where every input is present.
| Line item | Q4 FY262026-05-31 | Q3 FY262026-02-28 | Q2 FY262025-11-30 | Q1 FY262025-08-31 | Q4 FY252025-05-31 | Q3 FY252025-02-28 | Q2 FY252024-11-30 | Q1 FY252024-08-31 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $10.97B | $11.28B | $12.43B | $11.72B | $11.10B | $11.27B | $12.35B | $11.59B |
| Cost of revenue | $5.58B | $6.75B | $7.38B | $6.78B | $6.63B | $6.59B | $6.97B | $6.33B |
| Gross profit | $5.39B | $4.53B | $5.05B | $4.94B | $4.47B | $4.68B | $5.39B | $5.26B |
| Gross margin | 49.2% | 40.2% | 40.6% | 42.2% | 40.3% | 41.5% | 43.6% | 45.4% |
| Selling, general and administrative | $4.08B | $3.98B | $4.04B | $4.02B | $4.15B | $3.89B | $4.01B | $4.05B |
| Operating expenses | $4.08B | $3.98B | $4.04B | $4.02B | $4.15B | $3.89B | $4.01B | $4.05B |
| Operating income | $1.31B | $553.00M | $1.01B | $927.00M | $321.00M | $788.00M | $1.38B | $1.21B |
| Operating margin | 11.9% | 4.9% | 8.1% | 7.9% | 2.9% | 7.0% | 11.2% | 10.4% |
| EBITDA | $1.50B | $738.00M | $1.19B | $1.12B | $520.00M | $986.00M | $1.57B | $1.40B |
| Interest income | $50.00M | $0 | $9.00M | $18.00M | $107.00M | $0 | $24.00M | $43.00M |
| Interest expense | −$42.00M | $15.00M | — | — | −$85.00M | $18.00M | — | — |
| Income before taxes | $1.33B | $650.00M | $999.00M | $922.00M | $318.00M | $844.00M | $1.42B | $1.31B |
| Income taxes | $260.00M | $130.00M | $207.00M | $195.00M | $107.00M | $50.00M | $253.00M | $256.00M |
| Net income | $1.07B | $520.00M | $792.00M | $727.00M | $211.00M | $794.00M | $1.16B | $1.05B |
| Net margin | 9.7% | 4.6% | 6.4% | 6.2% | 1.9% | 7.0% | 9.4% | 9.1% |
| EPS, basic | $0.72 | $0.35 | $0.54 | $0.49 | $0.14 | $0.54 | $0.78 | $0.70 |
| EPS, diluted | $0.72 | $0.35 | $0.53 | $0.49 | $0.14 | $0.54 | $0.78 | $0.70 |
| Diluted shares | 1.48B | 1.48B | 1.48B | 1.48B | 1.48B | 1.48B | 1.49B | 1.50B |
Figures describe Nike shares, not any token. As of Jul 15, 2026, from Massive's standardised financials. The company reports these figures; a token's issuer holds the shares and reports nothing of its own here.