NIKE, Inc.
For the period ended Nov 30, 2025. Filed Dec 30, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Nov 30, 2025 · Filed Dec 30, 2025
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Earnings Per Share
NOTE 6 — EARNINGS PER SHARE
The following is a reconciliation from basic earnings per common share to diluted earnings per common share. The computations of diluted earnings per common share exclude restricted stock, restricted stock units and options, including shares under ESPPs, to purchase an estimated additional 84.1 million and 81.4 million shares of common stock outstanding for the three months ended November 30, 2025 and 2024, respectively, and 84.3 million and 77.9 million shares of common stock outstanding for the six months ended November 30, 2025 and 2024, respectively, because the awards were assumed to be anti-dilutive.
| THREE MONTHS ENDED NOVEMBER 30, | SIX MONTHS ENDED NOVEMBER 30, | |||
|---|---|---|---|---|
| (In millions, except per share data) | 2025 | 2024 | 2025 | 2024 |
| Net income available to common stockholders | $792 | $1,163 | $1,519 | $2,214 |
| Determination of shares: | ||||
| Weighted average common shares outstanding | 1,479.5 | 1,486.8 | 1,478.1 | 1,492.3 |
| Assumed conversion of dilutive stock options and awards | 1.5 | 3.2 | 1.9 | 3.6 |
| DILUTED WEIGHTED AVERAGE COMMON SHARES OUTSTANDING | 1,481.0 | 1,490.0 | 1,480.0 | 1,495.9 |
| Earnings per common share: | ||||
| Basic | $0.54 | $0.78 | $1.03 | $1.48 |
| Diluted | $0.53 | $0.78 | $1.03 | $1.48 |
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