NIKE Reports Strong Q3 Earnings

Sportswear giant sees continued growth despite economic headwinds

Mar. 31, 2026 at 9:59pm

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NIKE, Inc. today reported financial results for its fiscal 2026 third quarter ended February 28, 2026. Revenue for the quarter increased 12% to $13.8 billion, driven by strong consumer demand across all geographies and key product categories. Diluted earnings per share for the quarter were $1.24, up 15% compared to the prior year.

Why it matters

NIKE's strong quarterly performance demonstrates the brand's resilience and ability to navigate challenging economic conditions. As a bellwether for the broader sportswear and apparel industry, NIKE's results provide insight into consumer spending trends and the health of the athletic footwear and clothing market.

The details

Growth was led by the North America and EMEA regions, which saw revenues increase 14% and 11% respectively. The company also reported double-digit growth in its direct-to-consumer business, including a 20% jump in digital sales. Gross margin expanded 80 basis points to 46.2%, reflecting NIKE's pricing power and operational efficiency.

  • NIKE reported results for the third quarter of its 2026 fiscal year, which ended on February 28, 2026.

The players

NIKE, Inc.

A leading global designer, marketer and distributor of authentic athletic footwear, apparel, equipment and accessories for a wide variety of sports and fitness activities.

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What’s next

NIKE will host a conference call at 2:00 p.m. PT on March 31, 2026 to review the third quarter results.

The takeaway

NIKE's strong quarterly performance underscores the brand's ability to drive growth and profitability even in a challenging economic environment. The company's focus on innovation, digital transformation and consumer engagement continues to pay dividends.