Nike Reports $11.3 Billion in Total Revenue for Q3 FY2026

1% Cash and equivalents and short term investments: $8.1 billion, down approximately $2.3 billion North America Leads While Greater China and Converse Drag North America was the standout performer, with total revenues of $5.0 billion, up 3%, driven by footwear growth of 6% to $3.3 billion.

EMEA posted revenues of $2.9 billion, up 2% reported but down 7% currency neutral, while Asia Pacific & Latin America came in at $1.5 billion, up 1% reported but down 2% currency neutral.

Greater China remained a pressure point, with revenues of $1.6 billion, down 7% reported and down 10% currency neutral, as declines in footwear and apparel persisted. Converse was the steepest decliner of the quarter, with revenues of $264 million, down 35% reported and 37% currency neutral, with declines across all territories.

CEO AND CFO Remarks Elliott Hill, President and CEO of NIKE, Inc., said, “This quarter we took meaningful actions to improve the health and quality of our business. The pace of progress is different across the portfolio, and the areas we prioritized first continue to drive momentum…