SEGMENT INFORMATION (Tables)

3 Months Ended

Aug. 31, 2025

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

	THREE MONTHS ENDED AUGUST 31, 2025
(Dollars in millions)	NORTH AMERICA		EUROPE, MIDDLE EAST & AFRICA		GREATER CHINA		ASIA PACIFIC & LATIN AMERICA		GLOBAL BRAND DIVISIONS		TOTAL NIKE BRAND		CONVERSE		CORPORATE		TOTAL NIKE, INC.
Revenues	$	5,020	$	3,331	$	1,512	$	1,490	$	9	$	11,362	$	366	$	(8)	$	11,720
Cost of Sales	2,897		1,900		798		838		168		6,601		193		(17)		6,777
Gross profit	2,123		1,431		714		652		(159)		4,761		173		9		4,943
Demand creation expense	442		313		99		97		203		1,154		33		1		1,188
Operating overhead expense	547		382		238		208		831		2,206		102		520		2,828
Total selling and administrative expense	989		695		337		305		1,034		3,360		135		521		4,016
Other segment items(1)	—		1		—		(3)		(1)		(3)		(1)		27		23
EARNINGS (LOSS) BEFORE INTEREST AND TAXES	$	1,134	$	735	$	377	$	350	$	(1,192)	$	1,404	$	39	$	(539)
Interest expense (income), net																	(18)
TOTAL NIKE, INC. INCOME BEFORE INCOME TAXES																	$	922
Supplemental information:
Depreciation and amortization(2)	$	38	39		12		16		54		159		2		29		$	190

(1)At NIKE Brand segments and Converse, other segment items consist of unusual or non-operating transactions that occur outside the normal course of business. At Corporate, this also includes foreign currency conversion gains and losses from the remeasurement of monetary assets and liabilities denominated in non-functional currencies and the impact of certain foreign currency derivative instruments.

(2)The amounts of depreciation and amortization disclosed by segment are included within Cost of sales and Operating overhead expense, as applicable.

	THREE MONTHS ENDED AUGUST 31, 2024
(Dollars in millions)	NORTH AMERICA		EUROPE, MIDDLE EAST & AFRICA		GREATER CHINA		ASIA PACIFIC & LATIN AMERICA		GLOBAL BRAND DIVISIONS		TOTAL NIKE BRAND		CONVERSE		CORPORATE		TOTAL NIKE, INC.
Revenues	$	4,826	$	3,143	$	1,666	$	1,462	$	14	$	11,111	$	501	$	(23)	$	11,589
Cost of Sales	2,627		1,695		855		782		153		6,112		233		(13)		6,332
Gross profit	2,199		1,448		811		680		(139)		4,999		268		(10)		5,257
Demand creation expense	452		290		114		90		242		1,188		35		3		1,226
Operating overhead expense	529		366		240		188		846		2,169		113		540		2,822
Total selling and administrative expense	981		656		354		278		1,088		3,357		148		543		4,048
Other segment items(1)	2		—		(45)		—		—		(43)		(1)		(11)		(55)
EARNINGS (LOSS) BEFORE INTEREST AND TAXES	$	1,216	$	792	$	502	$	402	$	(1,227)	$	1,685	$	121	$	(542)
Interest expense (income), net																	(43)
TOTAL NIKE, INC. INCOME BEFORE INCOME TAXES																	$	1,307
Supplemental information:
Depreciation and amortization(2)	$	36	35		13		11		57		152		4		32		$	188

(1)At NIKE Brand segments and Converse, other segment items consist of unusual or non-operating transactions that occur outside the normal course of business. At Corporate, this also includes foreign currency conversion gains and losses from the remeasurement of monetary assets and liabilities denominated in non-functional currencies and the impact of certain foreign currency derivative instruments.

(2)The amounts of depreciation and amortization disclosed by segment are included within Cost of sales and Operating overhead expense, as applicable.

	AUGUST 31,		MAY 31,
(Dollars in millions)	2025		2025
INVENTORIES(1)
North America	$	3,524	$	3,198
Europe, Middle East & Africa	2,128		2,042
Greater China	1,097		951
Asia Pacific & Latin America	1,066		905
Global Brand Divisions	142		148
TOTAL NIKE BRAND	7,957		7,244
Converse	247		272
Corporate	(90)		(27)
TOTAL NIKE, INC. INVENTORIES	$	8,114	$	7,489

(1)Inventories as of August 31, 2025 and May 31, 2025 were substantially all finished goods.