Nike Inc. B Stock

NIKE, Inc. (NKE.US) - FY2026 Annual Report

NIKE, Inc. appears to maintain a stable overall revenue base at approximately $46.4 billion for fiscal year 2026, reflecting a modest year-over-year revenue growth of roughly 0.2%. However, the company's net income declined to about $3.11 billion, which could indicate continued margin pressure and earnings headwinds over the period.

While total revenues remained essentially flat compared to the previous fiscal year, a longer two-year horizon suggests a contraction of nearly 10% from fiscal year 2024 levels, alongside a more pronounced decrease in net income. Despite these top-line and bottom-line adjustments, the gross margin has held relatively steady at roughly 42.9%, and the net margin appears to have stabilized around 6.7%. The return on equity remained notable at approximately 20.9%, suggesting the company continues to generate meaningful returns on shareholder capital despite a cooling profit environment.