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REVENUES
 9 Months Ended
Feb. 28, 2026
Revenue from Contract with Customer [Abstract]  
REVENUES
NOTE 10 — REVENUES
DISAGGREGATION OF REVENUES
The following tables present the Company's Revenues by reportable operating segment, disaggregated by major product line and distribution channel:
THREE MONTHS ENDED FEBRUARY 28, 2026
(Dollars in millions)
NORTH AMERICAEUROPE, MIDDLE EAST & AFRICAGREATER CHINAASIA PACIFIC & LATIN AMERICAGLOBAL BRAND DIVISIONSTOTAL NIKE BRANDCONVERSECORPORATETOTAL NIKE, INC.
Revenues by:
Footwear$3,326 $1,789 $1,187 $1,051 $— $7,353 $231 $— $7,584 
Apparel1,480 926 397 381 — 3,184 12 — 3,196 
Equipment220 159 31 58 — 468 4 — 472 
Other— — — — 7 7 17 3 27 
TOTAL REVENUES$5,026 $2,874 $1,615 $1,490 $7 $11,012 $264 $3 $11,279 
Revenues by:
Sales to Wholesale Customers$2,768 $1,919 $888 $891 $— $6,466 $142 $— $6,608 
Sales through Direct to Consumer2,258 955 727 599 — 4,539 105 — 4,644 
Other— — — — 7 7 17 3 27 
TOTAL REVENUES$5,026 $2,874 $1,615 $1,490 $7 $11,012 $264 $3 $11,279 

THREE MONTHS ENDED FEBRUARY 28, 2025
(Dollars in millions)
NORTH AMERICAEUROPE, MIDDLE EAST & AFRICAGREATER CHINAASIA PACIFIC & LATIN AMERICAGLOBAL BRAND DIVISIONSTOTAL NIKE BRANDCONVERSECORPORATETOTAL NIKE, INC.
Revenues by:
Footwear$3,132 $1,742 $1,282 $1,052 $— $7,208 $349 $— $7,557 
Apparel1,510 913 412 358 — 3,193 22 — 3,215 
Equipment222 156 39 60 — 477 7 — 484 
Other— — — — 12 12 27 (26)13 
TOTAL REVENUES$4,864 $2,811 $1,733 $1,470 $12 $10,890 $405 $(26)$11,269 
Revenues by:
Sales to Wholesale Customers$2,499 $1,817 $995 $844 $— $6,155 $208 $— $6,363 
Sales through Direct to Consumer2,365 994 738 626 — 4,723 170 — 4,893 
Other— — — — 12 12 27 (26)13 
TOTAL REVENUES$4,864 $2,811 $1,733 $1,470 $12 $10,890 $405 $(26)$11,269 
NINE MONTHS ENDED FEBRUARY 28, 2026
(Dollars in millions)
NORTH AMERICAEUROPE, MIDDLE EAST & AFRICAGREATER CHINAASIA PACIFIC & LATIN AMERICAGLOBAL BRAND DIVISIONSTOTAL NIKE BRANDCONVERSECORPORATETOTAL NIKE, INC.
Revenues by:
Footwear$10,087 $5,822 $3,250 $3,263 $— $22,422 $805 $— $23,227 
Apparel4,765 3,228 1,201 1,209 — 10,403 39 — 10,442 
Equipment827 547 99 175 — 1,648 17 — 1,665 
Other— — — — 25 25 69 (2)92 
TOTAL REVENUES$15,679 $9,597 $4,550 $4,647 $25 $34,498 $930 $(2)$35,426 
Revenues by:
Sales to Wholesale Customers$9,054 $6,368 $2,548 $2,834 $— $20,804 $480 $— $21,284 
Sales through Direct to Consumer6,625 3,229 2,002 1,813 — 13,669 381 — 14,050 
Other— — — — 25 25 69 (2)92 
TOTAL REVENUES$15,679 $9,597 $4,550 $4,647 $25 $34,498 $930 $(2)$35,426 

NINE MONTHS ENDED FEBRUARY 28, 2025
(Dollars in millions)
NORTH AMERICAEUROPE, MIDDLE EAST & AFRICAGREATER CHINAASIA PACIFIC & LATIN AMERICAGLOBAL BRAND DIVISIONSTOTAL NIKE BRANDCONVERSECORPORATETOTAL NIKE, INC.
Revenues by:
Footwear$9,580 $5,676 $3,731 $3,338 $— $22,325 $1,149 $— $23,474 
Apparel4,534 3,042 1,244 1,143 — 9,963 65 — 10,028 
Equipment755 539 135 195 — 1,624 25 — 1,649 
Other— — — — 39 39 96 (74)61 
TOTAL REVENUES$14,869 $9,257 $5,110 $4,676 $39 $33,951 $1,335 $(74)$35,212 
Revenues by:
Sales to Wholesale Customers$7,840 $6,011 $2,870 $2,764 $— $19,485 $695 $— $20,180 
Sales through Direct to Consumer7,029 3,246 2,240 1,912 — 14,427 544 — 14,971 
Other— — — — 39 39 96 (74)61 
TOTAL REVENUES$14,869 $9,257 $5,110 $4,676 $39 $33,951 $1,335 $(74)$35,212 
Global Brand Divisions revenues included NIKE Brand licensing and other miscellaneous revenues that are not part of a geographic operating segment. Converse Other revenues were primarily attributable to licensing businesses. Corporate revenues primarily consisted of foreign currency hedge gains and losses related to revenues generated by entities within the NIKE Brand geographic operating segments and Converse, but managed through the Company's central foreign exchange risk management program.
As of February 28, 2026 and May 31, 2025, the Company did not have any contract assets and had an immaterial amount of contract liabilities recorded in Accrued liabilities on the Unaudited Condensed Consolidated Balance Sheets.