No material news briefings were recorded for Nike Inc. in the 30 days preceding this report's generation date of 2026-06-01. The primary driver of this report is material institutional position changes identified in the most recent 13F filings. Nike's trailing twelve-month financial data and insider activity are summarised below alongside the prevailing macro environment [Brief - 2026-05-24].
As of the quarter ending 2026-02-28, Nike reported trailing twelve-month revenue of $46.52 billion, representing year-over-year growth of 0.09%. Net income for the same period stood at $2.25 billion, with a net margin of 4.84% and a gross margin of 40.81%. Operating margin was recorded at 7.04%. Earnings per share declined 35.19% year-over-year. The company held $6.66 billion in cash against total debt of $7.03 billion. Nike's price-to-earnings ratio stood at 30.62 at the time of reporting [SEC 10-Q - NKE - 2026-02-28].
Insider activity over the past 30 days consisted of one transaction with a net direction classified as mixed and a net reported value of $0 [SEC Form 4 - NKE - 2026-06]. Institutional ownership changes were more pronounced. Citadel added 9.6% to its existing NKE position, while Millennium expanded its holding by 44%. AQR Capital recorded an 893% addition to its position. Bridgewater, by contrast, reduced its NKE position by 88% [SEC 13F - Citadel - Q1 2026; SEC 13F - Millennium - Q1 2026; SEC 13F - AQR Capital - Q1 2026; SEC 13F - Bridgewater - Q1 2026].
The prevailing macroeconomic backdrop reflects a normal yield curve, with the 10-year US Treasury yield at 4.45% and the 2-year yield at 3.99% [FRED DGS10; FRED DGS2]. The spread between the two tenors stood at 46 basis points at the time of this report's generation.