NKE Q3 2026 Earnings — Income Statement Breakdown
For its Q3 2026 period (ending 2026-02-28), NKE reported revenue of $11.3B, gross profit of $4.5B (40.2% gross margin), operating income of $635M, and net income of $520M (4.6% net margin). The flow of revenue into costs and profit is visualized below.
What changed
NKE was profitable; revenue grew 0.1% year over year, and EPS beat consensus by $0.06.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | +0.1% | −34.5% | Not available |
| Quarter over quarter | −9.2% | −34.3% | Not available |
EPS was $0.35 versus $0.29 expected.
NKE Q3 2026 Income Statement
| Line item | Amount (USD) | % of revenue |
|---|---|---|
| Revenue | $11.3B | 100% |
| Cost of Revenue | −$6.7B | 59.8% |
| Gross Profit | $4.5B | 40.2% |
| Research & Development | — | 0.0% |
| Selling, General & Administrative | −$4.0B | 35.3% |
| Operating Income | $635M | 5.6% |
| Interest Expense | −$15M | 0.1% |
| Other Income, net | −$82M | 0.7% |
| Income Tax Expense | −$130M | 1.2% |
| Net Income | $520M | 4.6% |
Source: original SEC filing (filed 2026-03-31). Accession 0000320187-26-000026. Data normalized by EarningsFyi.