NIKE (NKE) Revenue — Quarter Ended May 31, 2025
Revenue declined in the current quarter compared to the prior year, continuing a downward trend seen throughout the fiscal year. The sequential decrease from the immediately preceding quarter was relatively modest.
Key takeaway
Quarter ended May 31, 2025 · FY2025 Q4
Revenue declined in the current quarter compared to the prior year, continuing a downward trend seen throughout the fiscal year. The sequential decrease from the immediately preceding quarter was relatively modest.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$11.1B
Revenue reported for this quarter.
Quarter-over-quarter
-1.5%
Change from the immediately preceding quarter.
Year-over-year
-12.0%
Change from the comparable year-ago quarter.
Trailing four quarters
$46.3B
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 |
|---|---|---|
| Aug 31, 2024 | $11.6B | -10.4% |
| Nov 30, 2024 | $12.4B | -7.7% |
| Feb 28, 2025 | $11.3B | -9.3% |
| May 31, 2025 | $11.1B | -12.0% |
Revenue performance
The reported revenue moved lower on both a year-over-year and quarter-over-quarter basis. The year-on-year contraction was notably larger than the sequential drop.
Quarterly comparison
Compared with the same quarter one year earlier, revenue was substantially lower. The decline from the immediately preceding quarter was smaller in magnitude.
What to watch
Monitor whether the persistent year-over-year revenue declines will stabilize in the coming quarters.