For the quarter ending 2025-11-30, NKE had -$50M decrease in cash & cash equivalents over the period. $386M in free cash flow.
| Cash Flow | 2025-11-30 | 2025-08-31 | 2025-05-31 | 2025-02-28 |
|---|---|---|---|---|
| Net income | 792 | 727 | 211 | 794 |
| Depreciation | - | - | - | 198 |
| Depreciation and amortization | 179 | 190 | 775 | - |
| Deferred income taxes | -43 | -25 | 16 | -116 |
| Stock-based compensation | 176 | 185 | 165 | 169 |
| Amortization, impairment and other | - | - | - | 44 |
| Impairment and other | 1 | 8 | 33 | - |
| Net foreign currency adjustments | -20 | -34 | -13 | 30 |
| (increase) decrease in accounts receivable | 806 | 215 | 93 | -779 |
| (increase) decrease in inventories | -353 | 610 | -219 | -448 |
| (increase) decrease in prepaid expenses, operating lease right-of-use assets and other current and non-current assets | -276 | 165 | -11 | 375 |
| Increase (decrease) in accounts payable, accrued liabilities, operating lease liabilities and other current and non-current liabilities | -369 | 93 | -276 | -119 |
| Cash provided (used) by operations | 579 | 222 | 463 | 1,792 |
| Purchases of short-term investments | 281 | 355 | 570 | 580 |
| Maturities of short-term investments | 186 | 209 | 61 | 61 |
| Sales of short-term investments | 242 | 294 | 623 | 553 |
| Additions to property, plant and equipment | 193 | 207 | 100 | 81 |
| Other investing activities | 3 | - | 0 | 2 |
| Cash provided (used) by investing activities | -49 | -59 | 14 | -49 |
| Increase (decrease) in notes payable, net | -3 | -1 | 1 | -45 |
| Repayment of borrowings | - | - | 1,000 | - |
| Proceeds from exercise of stock options and other stock issuances | 107 | 127 | 151 | 55 |
| Repurchase of common stock | 20 | 126 | 199 | 506 |
| Dividends common and preferred | 598 | 591 | 591 | 594 |
| Other financing activities | -65 | -7 | -6 | -16 |
| Cash provided (used) by financing activities | -579 | -598 | -1,644 | -1,106 |
| Effect of exchange rate changes on cash and equivalents | -1 | -5 | 30 | -15 |
| Net increase (decrease) in cash and equivalents | -50 | -440 | -1,137 | 622 |
| Cash and cash equivalents at beginning of period | 7,024 | 7,464 | 8,601 | 7,979 |
| Cash and cash equivalents at end of period | 6,974 | 7,024 | 7,464 | 8,601 |
NIKE, Inc. (NKE)
NIKE, Inc. (NKE)