NYSE$NKE
NIKE · Q3 2025 earnings
Q3 2025 earnings · · After market close · Investor relations
Briefing
Nike reported fiscal Q3 2025 revenue of $11.27B with net income of $794M and diluted EPS of $0.54.
Total revenues were $11.27 billion for the quarter ended February 28, 2025, down 9% year over year on a reported basis. Net income was $794 million ($0.54 diluted EPS) versus $1.17 billion a year ago as Greater China and EMEA softness weighed on results.
- Fiscal Q3 revenue $11.27B (-9% YoY reported).
- Net income $794M; diluted EPS $0.54.
- NIKE Direct and wholesale channels both declined; inventory and promotional activity remain focal points.
- Management is restructuring wholesale partnerships and accelerating product innovation cycles.
Headline financials
Revenue & EPS history
Nike · Revenue · Quarterly
$11.3B
Revenue by segment
Nike · $13.4B total across 2 segments · Q2 2024
- NIKE Brand$12.9B+1.2%96.1%
- Converse$519M-11.4%3.9%
Forward guidance
Outlook focuses on demand trends, FX, and investment in technology and brand.
Tailwinds
- Digital and AI-enabled services can support bookings and productivity.
- Cost actions and mix may stabilize margins over time.
Headwinds
- Macro softness in key regions may pressure revenue growth.
- Promotional activity and FX headwinds can weigh on reported results.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 18 quarterly earnings reports · overlaid with Q3 2025
+0.5%
Avg return
Earnings day
+0.0%
Avg return
5 days after
+1.3%
Avg return
30 days after
56%
40 / 72 earnings
Positive
+25.8%
Q3 2020
Best reaction
-19.9%
Q4 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q4 2026 | — | — | — | |
| Q3 2026 | -6.0% | -6.4% | — | |
| Q2 2026 | -5.3% | -8.6% | -1.9% | |
| Q1 2026 | +4.9% | +2.1% | -7.4% | |
| Q4 2025 | +0.2% | +2.8% | +6.9% | |
| Q3 2025 | -5.5% | -8.5% | -22.4% | |
| Q2 2025 | +0.1% | -0.1% | -7.9% | |
| Q1 2025 | -6.0% | -7.0% | -12.7% | |
| Q4 2024 | -19.9% | -19.2% | -22.9% | |
| Q3 2024 | -6.4% | -7.7% | -5.7% | |
| Q2 2024 | -11.0% | -11.0% | -16.2% | |
| Q1 2024 | +6.9% | +6.3% | +9.6% | |
| Q4 2023 | -2.4% | -3.5% | -3.9% | |
| Q3 2023 | -1.4% | -0.4% | +2.7% | |
| Q2 2023 | +12.4% | +12.8% | +20.8% | |
| Q1 2023 | -15.8% | -10.2% | -4.9% | |
| Q4 2022 | -9.0% | -10.4% | -4.5% | |
| Q3 2022 | +1.4% | +1.9% | +3.5% | |
| Q2 2022 | +3.3% | +2.7% | -10.1% | |
| Q1 2022 | -5.0% | -7.7% | +3.8% | |
| Q4 2021 | +16.0% | +17.2% | +25.0% | |
| Q3 2021 | -5.1% | -5.3% | -7.3% | |
| Q2 2021 | +2.5% | +0.9% | +0.2% | |
| Q1 2021 | +12.1% | +9.6% | +14.7% | |
| Q4 2020 | -6.4% | -2.0% | -1.6% | |
| Q3 2020 | +25.8% | +32.5% | +39.1% | |
| Q2 2020 | -0.6% | -0.4% | +3.9% | |
| Q1 2020 | +3.6% | +5.3% | +4.3% | |
| Q4 2019 | +1.7% | +2.9% | +6.0% | |
| Q3 2019 | -5.2% | -3.8% | +2.9% | |
| Q2 2019 | +4.9% | -1.3% | +16.6% | |
| Q1 2019 | -0.7% | +0.5% | -13.3% | |
| Q4 2018 | +11.7% | +6.9% | +7.8% | |
| Q3 2018 | -2.6% | -0.3% | -0.4% | |
| Q2 2018 | -0.5% | +0.1% | +5.7% | |
| Q1 2018 | -1.1% | -2.6% | +6.7% | |
| Q4 2017 | +10.6% | +9.9% | +10.0% | |
| Q3 2017 | -8.1% | -4.0% | -3.9% | |
| Q2 2017 | +2.9% | +2.1% | +4.1% | |
| Q1 2017 | -2.1% | -3.2% | -4.6% | |
| Q4 2016 | +6.2% | +7.2% | +6.9% | |
| Q3 2016 | -3.5% | — | — | |
| Q2 2016 | -0.8% | — | — | |
| Q1 2016 | +8.3% | — | — | |
| Q4 2015 | +3.3% | — | — | |
| Q3 2015 | +4.6% | — | — | |
| Q2 2015 | +0.4% | — | — | |
| Q1 2015 | +10.7% | — | — | |
| Q4 2014 | +1.6% | — | — | |
| Q3 2014 | -5.0% | — | — | |
| Q2 2014 | -1.6% | — | — | |
| Q1 2014 | +6.8% | — | — | |
| Q4 2013 | +2.9% | — | — | |
| Q3 2013 | +8.6% | — | — | |
| Q2 2013 | +7.5% | — | — | |
| Q1 2013 | -0.6% | — | — | |
| Q4 2012 | -10.5% | — | — | |
| Q3 2012 | -2.7% | — | — | |
| Q2 2012 | +3.2% | — | — | |
| Q1 2012 | +3.4% | — | — | |
| Q2 2011 | -1.0% | — | — | |
| Q4 2011 | -1.0% | — | — | |
| Q3 2011 | +0.2% | — | — | |
| Q1 2011 | -0.4% | — | — | |
| Q4 2010 | +1.5% | — | — | |
| Q3 2010 | +0.1% | — | — | |
| Q3 2009 | +0.1% | — | — | |
| Q2 2009 | +0.4% | — | — | |
| Q2 2010 | +0.4% | — | — | |
| Q1 2010 | +0.3% | — | — | |
| Q4 2009 | +0.3% | — | — | |
| Q4 2008 | +0.3% | — | — | |
| Q1 2009 | +0.3% | — | — |
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