No material news briefings were provided for Nike Inc. ahead of this report's generation date of 2026-05-24. The primary driver of this report is material institutional position changes recorded in the most recent 13F filings, detailed in the holdings section below.
Nike's trailing twelve-month financials as of 2026-02-28 show revenue of approximately $46.5 billion, representing year-over-year growth of 0.09%, indicating a near-flat top-line trend. Net income over the same period was $2.25 billion, with a net margin of 4.84% and an operating margin of 7.04%. Gross margin stood at 40.81%. Earnings per share declined 35.19% year-over-year. The company held $6.66 billion in cash against $7.03 billion in total debt. The P/E ratio was recorded at 29.48 [SEC 10-Q - NKE - 2026-02-28].
Insider activity in the 30-day window ending 2026-05 recorded one transaction with a net value of zero and a mixed directional classification, indicating no material net insider buying or selling during the period [SEC Form 4 - NKE - 2026-05]. Institutional ownership saw notable shifts in the most recent 13F reporting period. AQR Capital (Cliff Asness) increased its position by 893%, while Millennium (Izzy Englander) added 44% and Citadel (Ken Griffin) added 9.6% to their respective positions. Bridgewater (Ray Dalio) reduced its position by 88% [SEC 13F - AQR Capital - Q1 2026; SEC 13F - Millennium - Q1 2026; SEC 13F - Citadel - Q1 2026; SEC 13F - Bridgewater - Q1 2026].
The prevailing macro environment as of the report date shows the 10-year US Treasury yield (DGS10) at 4.57% and the 2-year yield (DGS2) at 4.08%, producing a normal yield curve with a spread of 49 basis points [FRED DGS10; FRED DGS2]. This rate environment reflects the broader cost-of-capital context within which consumer discretionary companies such as Nike operate.