NIKE, Inc. (NYSE: NKE) reported revenues of $11.3 billion for the third quarter of 2026, flat on a reported basis and down 3% on a currency-neutral basis.
Net income decreased 35% to $520 million, or $0.35 per share, compared to last year.
Wholesale revenues were $6.5 billion, up 5% on a reported basis and up 1% on a currency-neutral basis.
NIKE Direct revenues were $4.5 billion, down 4% on a reported basis and down 7% on a currency-neutral basis.
Cash and equivalents and short-term investments were $8.1 billion at quarter-end.