NIKE (NKE) Revenue — Quarter Ended Nov 30, 2025
Revenue increased compared to the previous quarter, continuing a trend of sequential improvement. On a year-over-year basis, revenue was slightly higher.
Key takeaway
Quarter ended Nov 30, 2025 · FY2026 Q2
Revenue increased compared to the previous quarter, continuing a trend of sequential improvement. On a year-over-year basis, revenue was slightly higher.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$12.4B
Revenue reported for this quarter.
Quarter-over-quarter
+6.0%
Change from the immediately preceding quarter.
Year-over-year
+0.6%
Change from the comparable year-ago quarter.
Trailing four quarters
$46.5B
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 |
|---|---|---|
| Feb 28, 2025 | $11.3B | -9.3% |
| May 31, 2025 | $11.1B | -12.0% |
| Aug 31, 2025 | $11.7B | +1.1% |
| Nov 30, 2025 | $12.4B | +0.6% |
Revenue performance
The company reported higher revenue for the quarter. However, gross profit declined from the same period a year earlier, reflecting increased cost of sales.
Quarterly comparison
Revenue rose from the immediately preceding quarter, reversing prior declines. Compared to the same quarter one year ago, revenue was modestly higher.
What to watch
The rise in cost of sales outpaced revenue growth, pressuring gross margin.