NKE · 10-K · 2026A · Full report
Financing Activities
NIKE, Inc. · 2026-07-15 · Importance 82 · Surprise 82 · Matches filing data
In fiscal 2026, cash used by financing activities was $2,292 million, primarily driven by dividend payments. By comparison, fiscal 2025 cash used by financing activities was $5,820 million, driven by share repurchases, dividend payments and a $1.0 billion bond repayment. The year-over-year reduction of $3,528 million (≈60.6%) in financing cash outflows reflects a pullback in share repurchases and the absence of the $1.0 billion bond repayment in fiscal 2026. Dividend payments remained a consistent use of cash in both years.
Key facts
- Cash used by financing activities in fiscal 2025: $5,820 million, primarily driven by share repurchases, dividend payments and a $1 billion bond repayment. source
- Cash used by financing activities was $(2,292) million in fiscal 2026 compared to $(5,820) million in fiscal 2025. source
- Cash used by financing activities in fiscal 2026: $2,292 million, primarily driven by dividend payments. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | negative | realized | -6.0% | Cash used by financing activities was $(2,292) million in fiscal 2026 compared to $(5,820) million in fiscal 2025. |