What is the current annual gross margin of NKE?

As of today, NKE annual gross margin is 42.21%

What is 1-year change in NKE annual gross margin?

NKE annual gross margin is down -4.09% year-over-year

What is 3-year change in NKE annual gross margin?

NKE annual gross margin is down -8.50% over the past 3 years

How far is NKE annual gross margin from its all-time high?

NKE annual gross margin is currently -8.50% below its historical high of 46.13% set on May 31, 2022

How does NKE annual gross margin rank versus sector peers?

NKE annual gross margin is higher than 69.71% of companies in Consumer Cyclical sector

When is NKE next annual earnings release?

As of today, the next annual earnings release for NKE has not been scheduled

What is the current quarterly gross margin of NKE?

As of today, NKE quarterly gross margin is 40.58%

What is NKE quarterly gross margin most recent change?

NKE quarterly gross margin was down -2.87% on November 30, 2025

What is 1-year change in NKE quarterly gross margin?

NKE quarterly gross margin is down -6.35% year-over-year

How far is NKE quarterly gross margin from its all-time high?

NKE quarterly gross margin is currently -13.92% below its historical high of 47.14% set on August 31, 2021

How does NKE quarterly gross margin rank versus sector peers?

NKE quarterly gross margin is higher than 66.22% of companies in Consumer Cyclical sector

When is NKE next earnings release?

The next earnings release for NKE is on March 19, 2026

NIKE, Inc. (NKE) Gross Margin History & Chart Since 1980

Annual Gross Margin

42.21%1.80%-4.09%

May 31, 2025

Summary

Current Value: As of today, NKE annual gross margin is 42.21%, down -4.09% on May 31, 2025
Historical Performance: NKE annual gross margin is down -8.50% over the past 3 years, and down -0.61% over the past 5 years
All-Time High Comparison: NKE annual gross margin is currently -8.50% below its historical high of 46.13% set on May 31, 2022
3-Year Low Comparison: NKE annual gross margin is at its 3-year low
Sector Comparison: NKE annual gross margin is higher than 69.71% of companies in Consumer Cyclical sector

Gross Margin Chart

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Performance

NKE Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Gross Margin	May 31, 25	42.21%	-4.1%	-8.5%	-0.6%	-7.7%
Quarterly Gross Margin	Nov 30, 25	40.58%	-6.3%	-2.4%	-5.0%	-9.0%
Price	Jan 9, 26	$65.92	-7.5%	-47.2%	-55.0%	+215.7%
PE Ratio	Jan 9, 26	38.65	+75.5%	+9.6%	-53.7%	+92.0%
Annual Revenue	May 31, 25	$46.40B	-9.7%	-0.8%	+24.0%	+144.7%
Annual Gross Profit	May 31, 25	$19.59B	-13.4%	-9.3%	+23.2%	+125.8%
Annual Operating Margin	May 31, 25	-50.25%	-13.6%	-27.6%	-0.3%	-20.2%
Annual Net Margin	May 31, 25	6.94%	-37.4%	-46.3%	+2.2%	-31.0%

Gross Margin Highs

NKE Annual Gross Margin Highs Comparison
Period	High	Date	Current
3Y	46.13%	N/A	-8.5%
5Y	46.13%	May 31, 22	-8.5%
All	46.13%	May 31, 22	-8.5%

Gross Margin Lows

NKE Annual Gross Margin Lows Comparison
Period	Low	Date	Current
3Y	42.21%	May 31, 25	at low
5Y	42.21%	May 31, 25	at low
All	25.24%	May 1, 85	+67.2%

Gross Margin History

Year	Value	Change
2025	42.21%	-4.1%
2024	44.01%	+3.9%
2023	42.36%	-8.2%
2022	46.13%	+3.1%
2021	44.74%	+5.3%
2020	42.47%	-4.6%
2019	44.54%	+1.2%
2018	44.03%	+1.4%
2017	43.43%	-2.6%
2016	44.58%	-1.8%
2015	45.42%	+1.4%
2014	44.79%	+1.6%
2013	44.08%	+0.9%
2012	43.67%	-3.1%
2011	45.08%	-1.5%
2010	45.75%	+2.6%
2009	44.61%	-0.8%
2008	44.98%	+2.7%
2007	43.80%	-0.4%
2006	43.98%	-1.0%
2005	44.44%	+3.9%
2004	42.76%	+4.4%
2003	40.94%	+4.6%

Year	Value	Change
2002	39.14%	+0.7%
2001	38.87%	-2.1%
2000	39.72%	+6.8%
1999	37.19%	+1.9%
1998	36.51%	-8.5%
1997	39.88%	+1.5%
1996	39.29%	-0.6%
1995	39.54%	+1.2%
1994	39.09%	-0.2%
1993	39.15%	+1.3%
1992	38.65%	+0.7%
1991	38.39%	+0.8%
1990	38.08%	+2.4%
1989	37.17%	+11.8%
1988	33.24%	+3.9%
1987	31.99%	-1.2%
1986	32.39%	+28.3%
1985	25.24%	-8.2%
1984	27.48%	-11.6%
1983	31.10%	-1.0%
1982	31.41%	+11.0%
1981	28.31%	+4.5%
1980	27.09%	-

FAQ

What is the current annual gross margin of NKE?
As of today, NKE annual gross margin is 42.21%
What is 1-year change in NKE annual gross margin?
NKE annual gross margin is down -4.09% year-over-year
What is 3-year change in NKE annual gross margin?
NKE annual gross margin is down -8.50% over the past 3 years
How far is NKE annual gross margin from its all-time high?
NKE annual gross margin is currently -8.50% below its historical high of 46.13% set on May 31, 2022
How does NKE annual gross margin rank versus sector peers?
NKE annual gross margin is higher than 69.71% of companies in Consumer Cyclical sector
When is NKE next annual earnings release?
As of today, the next annual earnings release for NKE has not been scheduled

Quarterly Gross Margin

40.58%1.20%-2.87%

November 30, 2025

Summary

Current Value: As of today, NKE quarterly gross margin is 40.58%, down -2.87% on November 30, 2025
Historical Performance: NKE quarterly gross margin is down -6.35% year-over-year, and down -2.38% over the past 3 years
All-Time High Comparison: NKE quarterly gross margin is currently -13.92% below its historical high of 47.14% set on August 31, 2021
3-Year Low Comparison: NKE quarterly gross margin is +2.94% above its 3-year low of 39.42% reached on May 31, 2025
Sector Comparison: NKE quarterly gross margin is higher than 66.22% of companies in Consumer Cyclical sector

Performance

NKE Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Gross Margin	Nov 30, 25	40.58%	-2.9%	-6.3%	-2.4%	-5.0%
Annual Gross Margin	May 31, 25	42.21%	–	-4.1%	-8.5%	-0.6%
Price	Jan 9, 26	$65.92	-3.1%	-7.5%	-47.2%	-55.0%
PE Ratio	Jan 9, 26	38.65	+10.8%	+75.5%	+9.6%	-53.7%
Quarterly Revenue	Nov 30, 25	$12.42B	+5.9%	+0.4%	-6.7%	+10.8%
Quarterly Gross Profit	Nov 30, 25	$5.04B	+2.9%	-6.0%	-8.9%	+5.3%
Quarterly Operating Margin	Nov 30, 25	8.07%	+7.0%	-26.4%	-23.7%	-40.6%
Quarterly Net Margin	Nov 30, 25	6.37%	+2.7%	-32.2%	-36.3%	-42.9%

Quarterly Gross Margin Highs

NKE Quarterly Gross Margin Highs Comparison
Period	High	Date	Current
1Y	43.33%	N/A	-6.3%
3Y	44.86%	Aug 31, 24	-9.5%
5Y	47.14%	Aug 31, 21	-13.9%
All	47.14%	Aug 31, 21	-13.9%

Quarterly Gross Margin Lows

NKE Quarterly Gross Margin Lows Comparison
Period	Low	Date	Current
1Y	39.42%	May 31, 25	+2.9%
3Y	39.42%	May 31, 25	+2.9%
5Y	39.42%	May 31, 25	+2.9%
All	32.33%	May 31, 98	+25.5%

Quarterly Gross Margin History

Month	Value	Change
Nov 2025	40.58%	-2.9%
Aug 2025	41.78%	+6.0%
May 2025	39.42%	-3.9%
Feb 2025	41.02%	-5.3%
Nov 2024	43.33%	-3.4%
Aug 2024	44.86%	+1.5%
May 2024	44.19%	-0.1%
Feb 2024	44.23%	+0.3%
Nov 2023	44.11%	+1.3%
Aug 2023	43.54%	+2.1%
May 2023	42.64%	+2.0%
Feb 2023	41.81%	+0.6%
Nov 2022	41.57%	-4.3%
Aug 2022	43.44%	-2.6%
May 2022	44.61%	-4.2%
Feb 2022	46.56%	+0.6%
Nov 2021	46.26%	-1.9%
Aug 2021	47.14%	+1.7%
May 2021	46.33%	+1.1%
Feb 2021	45.82%	+7.3%
Nov 2020	42.70%	-2.1%
Aug 2020	43.60%	+20.8%
May 2020	36.10%	-16.6%
Feb 2020	43.30%	+0.7%
Nov 2019	43.01%	-4.3%
Aug 2019	44.95%	-0.2%
May 2019	45.05%	-1.0%
Feb 2019	45.49%	+3.7%
Nov 2018	43.88%	+0.3%
Aug 2018	43.73%	-3.7%
May 2018	45.41%	+2.7%
Feb 2018	44.23%	+3.7%
Nov 2017	42.66%	-3.4%
Aug 2017	44.17%	+2.4%
May 2017	43.15%	-0.3%
Feb 2017	43.28%	+0.4%
Nov 2016	43.09%	-2.4%
Aug 2016	44.15%	-3.9%
May 2016	45.92%	+3.9%
Feb 2016	44.19%	+0.1%
Nov 2015	44.13%	-3.8%
Aug 2015	45.86%	+2.4%
May 2015	44.78%	-0.6%
Feb 2015	45.06%	+0.3%
Nov 2014	44.94%	-4.0%
Aug 2014	46.83%	+1.7%
May 2014	46.04%	+3.4%
Feb 2014	44.54%	+1.9%
Nov 2013	43.71%	-1.8%
Aug 2013	44.53%	+1.9%
May 2013	43.71%	-0.2%
Feb 2013	43.78%	+5.0%
Nov 2012	41.69%	-3.2%
Aug 2012	43.09%	+1.4%
May 2012	42.49%	-2.9%
Feb 2012	43.74%	+1.3%
Nov 2011	43.17%	-3.6%
Aug 2011	44.78%	+1.4%
May 2011	44.17%	-3.0%
Feb 2011	45.54%	+2.1%
Nov 2010	44.60%	-3.3%
Aug 2010	46.11%	-1.9%
May 2010	47.00%	+0.3%
Feb 2010	46.85%	+6.6%
Nov 2009	43.93%	-2.4%
Aug 2009	45.01%	+7.5%
May 2009	41.87%	-2.4%
Feb 2009	42.89%	-3.9%
Nov 2008	44.61%	-5.3%
Aug 2008	47.12%	+2.9%
May 2008	45.77%	+1.7%
Feb 2008	45.02%	+1.8%
Nov 2007	44.21%	-1.3%

Month	Value	Change
Aug 2007	44.77%	+2.4%
May 2007	43.72%	-0.9%
Feb 2007	44.12%	+1.9%
Nov 2006	43.30%	-1.7%
Aug 2006	44.03%	+0.7%
May 2006	43.71%	+0.5%
Feb 2006	43.50%	+0.2%
Nov 2005	43.43%	-3.9%
Aug 2005	45.20%	+0.1%
May 2005	45.16%	+2.6%
Feb 2005	44.01%	+0.0%
Nov 2004	44.00%	-1.1%
Aug 2004	44.48%	+1.5%
May 2004	43.84%	+4.6%
Feb 2004	41.93%	-0.4%
Nov 2003	42.09%	-2.1%
Aug 2003	43.00%	+3.5%
May 2003	41.55%	+2.3%
Feb 2003	40.61%	+1.2%
Nov 2002	40.14%	-3.0%
Aug 2002	41.38%	+4.2%
May 2002	39.70%	+1.6%
Feb 2002	39.09%	+2.0%
Nov 2001	38.32%	-2.7%
Aug 2001	39.37%	+4.4%
May 2001	37.71%	-1.2%
Feb 2001	38.18%	-3.7%
Nov 2000	39.63%	+2.3%
Aug 2000	38.74%	-16.0%
May 2000	46.10%	+20.4%
Feb 2000	38.30%	+1.9%
Nov 1999	37.59%	+1.9%
Aug 1999	36.90%	-17.6%
May 1999	44.80%	+27.9%
Feb 1999	35.04%	+5.0%
Nov 1998	33.38%	-5.5%
Aug 1998	35.33%	+9.3%
May 1998	32.33%	-9.6%
Feb 1998	35.75%	-4.7%
Nov 1997	37.50%	-1.9%
Aug 1997	38.21%	-11.0%
May 1997	42.95%	+1.6%
Feb 1997	42.28%	+3.5%
Nov 1996	40.84%	-1.6%
Aug 1996	41.49%	-3.7%
May 1996	43.09%	+4.9%
Feb 1996	41.07%	+0.7%
Nov 1995	40.79%	-1.3%
Aug 1995	41.32%	-4.0%
May 1995	43.05%	+4.5%
Feb 1995	41.18%	+0.9%
Nov 1994	40.81%	-1.5%
Aug 1994	41.42%	-1.6%
May 1994	42.11%	+4.5%
Feb 1994	40.30%	+0.1%
Nov 1993	40.25%	-1.9%
Aug 1993	41.01%	-1.4%
May 1993	41.60%	+3.6%
Feb 1993	40.17%	-2.1%
Nov 1992	41.04%	+1.4%
Aug 1992	40.49%	+0.6%
May 1992	40.25%	+0.8%
Feb 1992	39.93%	-0.8%
Nov 1991	40.26%	+1.1%
Aug 1991	39.81%	-5.9%
May 1991	42.32%	+7.5%
Feb 1991	39.37%	+1.8%
Nov 1990	38.67%	+1.9%
Aug 1990	37.96%	-5.2%
May 1990	40.03%	+3.2%
Feb 1990	38.80%	+2.9%
Nov 1989	37.69%	-

FAQ

What is the current quarterly gross margin of NKE?
As of today, NKE quarterly gross margin is 40.58%
What is NKE quarterly gross margin most recent change?
NKE quarterly gross margin was down -2.87% on November 30, 2025
What is 1-year change in NKE quarterly gross margin?
NKE quarterly gross margin is down -6.35% year-over-year
How far is NKE quarterly gross margin from its all-time high?
NKE quarterly gross margin is currently -13.92% below its historical high of 47.14% set on August 31, 2021
How does NKE quarterly gross margin rank versus sector peers?
NKE quarterly gross margin is higher than 66.22% of companies in Consumer Cyclical sector
When is NKE next earnings release?
The next earnings release for NKE is on March 19, 2026

Gross Margin Formula

Gross Margin = Gross Profit

Revenue × 100%

Data Sources & References

NKE Official Website www.nike.com
Most Recent Quarterly Report (10-Q) www.sec.gov/Archives/edgar/data/320187/000032018725000151/0000320187-25-000151-index.htm
Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/320187/000032018725000047/0000320187-25-000047-index.htm
NKE Profile on Yahoo Finance finance.yahoo.com/quote/NKE
NKE Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/nke