NKE · 10-K · 2026A · Full report

Investing Activities

NIKE, Inc. · 2026-07-15 · Importance 57 · Surprise 64 · Matches filing data

In fiscal 2026, cash used by investing activities was $488 million, primarily for additions to property, plant and equipment, partially offset by net changes in short-term investments. In fiscal 2025, cash used by investing activities was $275 million for the same primary reasons, representing a fiscal 2026 increase of $213 million (≈77%). The company notes purchases, sales and maturities of short-term investments as an offsetting source of liquidity during both years. The increase in investing cash outflow in fiscal 2026 reflects higher capital additions year-over-year.

Key facts

• Cash used by investing activities was $(488) million in fiscal 2026 compared to $(275) million in fiscal 2025. source
• Cash used by investing activities in fiscal 2026: $488 million, primarily driven by additions to Property, plant and equipment, partially offset by the net change in short-term investments. source
• Cash used by investing activities in fiscal 2025: $275 million, primarily driven by additions to Property, plant and equipment, partially offset by the net change in short-term investments. source

Impact estimates