NKE · 8-K · 20261001PR000184

Income Tax Rate Changes

NIKE, Inc. · 2026-10-01 · Importance 33 · Surprise 50

The effective tax rate increased to 22.7% from 21.1% in the prior-year quarter, a 160-basis-point increase. Income tax expense rose 7% to $209 million while income before taxes was essentially unchanged at $921 million. The higher rate primarily reflected foreign tax audit settlements recognized in the current year.

Key facts

• The effective tax rate was 22.7 percent compared to 21.1 percent for the same period last year source
• Effective tax rate increased by 160 basis points from 21.1% to 22.7% source