Global Sportswear Market: Nike Fiscal 2026 Results by Region and Category
Nike fiscal 2026 results: USD 46.4 billion revenue, flat year on year, with footwear, apparel and regional splits and a sharp fall in Greater China.
- Updated October 1, 2026
- 6 min read
- 2 sources
- Global

Executive Summary
NIKE, Inc. reported revenue of USD 46,398 million for fiscal 2026 (year to 31 May 2026), against USD 46,309 million a year earlier, flat on a reported basis and down 2% currency-neutral. Footwear made up USD 29,525 million of NIKE Brand revenue, about 65% of the total. North America grew 5% to USD 20,511 million while Greater China fell 11% to USD 5,847 million. Converse revenue fell 31% and net income fell 3% to USD 3,108 million.
Key Numbers
Charts
Share of NIKE Brand revenue (USD 45,222 million) by geographic segment; Global Brand Divisions are licensing and other revenue.
- North America$20,511
- EMEA$12,572
- Asia Pacific & Latin America$6,243
- Greater China$5,847
- Global Brand Divisions$49
Footwear, apparel and equipment revenue in fiscal 2026 (FY2025 in table).
- Footwear$29,525
- Apparel$13,449
- Equipment$2,199
Data Tables
Fiscal years ending 31 May, USD million, reported change.
| Segment | FY2025 | FY2026 | Change |
|---|---|---|---|
| North America | 19,572 | 20,511 | 5% |
| EMEA | 12,257 | 12,572 | 3% |
| Greater China | 6,586 | 5,847 | -11% |
| Asia Pacific & Latin America | 6,251 | 6,243 | 0% |
| Converse | 1,692 | 1,174 | -31% |
| Total NIKE, Inc. | 46,309 | 46,398 | 0% |
Overview
This report tracks the sportswear market through the published results of its largest company, NIKE, Inc. Category and regional splits from Nike are one of the few free, audited views of how athletic footwear and apparel demand is moving.
For fiscal 2026, which ended on 31 May 2026, NIKE, Inc. revenue was USD 46,398 million, compared with USD 46,309 million in fiscal 2025 [1]. That is flat on a reported basis and down 2% excluding currency changes [1]. Gross margin was 42.9%, against 42.7% the year before [1]. Net income was USD 3,108 million, down 3% [1].
Segmentation by Category
NIKE Brand revenue was USD 45,222 million in fiscal 2026, up 1% reported and down 1% currency-neutral [1].
- Footwear: USD 29,525 million, flat reported, down 2% currency-neutral [1]
- Apparel: USD 13,449 million, up 4% reported, up 2% currency-neutral [1]
- Equipment: USD 2,199 million, flat reported [1]
Footwear was about 65.3% of NIKE Brand revenue (FREEE.REPORT calculation). Jordan Brand sales, included in NIKE Brand, were USD 7,034 million, down from USD 7,270 million [1]. Converse revenue fell 31% to USD 1,174 million from USD 1,692 million [1].
Regional Analysis
- North America: USD 20,511 million, up 5% [1]
- Europe, Middle East and Africa: USD 12,572 million, up 3% reported but down 3% currency-neutral [1]
- Asia Pacific and Latin America: USD 6,243 million, flat reported, down 1% currency-neutral [1]
- Greater China: USD 5,847 million, down 11% reported and 13% currency-neutral [1]
Greater China footwear revenue fell 13% to USD 4,188 million [1]. Greater China EBIT fell 20% to USD 1,278 million, while North America EBIT rose 14% to USD 5,376 million [1].
Recent Developments
In the fourth quarter of fiscal 2026, NIKE, Inc. revenue was USD 10,972 million, down 1% reported and 4% currency-neutral [1]. Fourth-quarter gross margin was 49.2% against 40.3% a year earlier [1]. The company returned about USD 2.5 billion to shareholders in fiscal 2026 [1]. In the third quarter, NIKE Direct revenue fell 4% to USD 4.5 billion, driven by a 9% fall in NIKE Brand Digital [2].
Methodology
All figures are from NIKE, Inc. earnings releases for fiscal 2026 (fiscal years end 31 May) and are in USD million, unaudited [1][2]. Currency-neutral changes are Nike's non-GAAP measure. The footwear share is a FREEE.REPORT calculation: footwear revenue divided by total NIKE Brand revenue. Results from other sportswear companies such as adidas and Puma were not reviewed for this edition and are not included; this report does not estimate total sportswear market size.
Companies
Sources
- [1]
NIKE, Inc. Reports Fiscal 2026 Fourth Quarter and Full Year Results / NIKE, Inc. / 2026-06-30 / Accessed October 1, 2026 / View source
- [2]
NIKE, Inc. Reports Fiscal 2026 Third Quarter Results / NIKE, Inc. / 2026 / Accessed October 1, 2026 / View source
Figures are reproduced from the publishers above. Calculations marked as our own are derived from these figures. Always check the original source before using a number.
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