NIKE (NKE) Revenue — Quarter Ended Feb 28, 2025
Revenue for this quarter declined compared to both the immediately preceding quarter and the same quarter one year earlier. The decrease reflects ongoing headwinds in the business environment.
Key takeaway
Quarter ended Feb 28, 2025 · FY2025 Q3
Revenue for this quarter declined compared to both the immediately preceding quarter and the same quarter one year earlier. The decrease reflects ongoing headwinds in the business environment.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$11.3B
Revenue reported for this quarter.
Quarter-over-quarter
-8.8%
Change from the immediately preceding quarter.
Year-over-year
-9.3%
Change from the comparable year-ago quarter.
Trailing four quarters
$47.8B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| May 31, 2024 | $12.6B | -1.7% |
| Aug 31, 2024 | $11.6B | -10.4% |
| Nov 30, 2024 | $12.4B | -7.7% |
| Feb 28, 2025 | $11.3B | -9.3% |
Revenue performance
Reported revenue for the quarter was lower than the prior quarter, extending a pattern of year-over-year declines. The company continues to navigate a competitive landscape.
Quarterly comparison
Sequentially, revenue fell from the immediately preceding quarter, and on an annual basis it was also down versus the same quarter one year ago. Both comparisons point to a softening in demand.
What to watch
Monitor whether revenue trends stabilize in the coming quarters after this period of decline.