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Nike10-Q: Inventory issue

Nike's cash flow impacted by rising inventories, contributing to an $846M drain on cash from operations.

What happened

An increase in inventories due to shifts in product mix was a primary driver for a net $846 million decrease in cash from working capital.

Source

SEC EDGAROct 2, 2026

Quarterly report (Form 10-Q)

Nike 10-Q

Filing excerpt

For the three months ended August 31, 2026, cash provided by operations was $135 million. This was driven by Net income of $712 million, adjusted for non-cash items of $269 million, and a net change in certain working capital components and other assets and liabilities that decreased cash provided by operations by $846 million.

sec.gov/Archives/edgar/data/320187/000032018726000193/nke-20260831.htmRead the full source

Other signals in this filing (7)

Extracted by Autobound

From the Signal API record
Signal
10-Q: Inventory issue

What this signalsFilings often name leadership changes, deals and spending plans.

Fiscal year end
08/31
Filed
Oct 2, 2026

More 10-Q signals at other companies

The full record

From the Signal API record

Numbers

Dollar figure
$846M (Decrease in cash provided by operations from net change in certain working capital components, primarily driven by an increase in inventories.)

Details

CIK
320187
Accession number
0000320187-26-000193
Timeframe
Current quarter
Filing year
2026
Fiscal year
0
Why it matters
Supply chain tools needed
Signal category
Financial

Topics and mentions

Regions named

  • North America
  • Europe, Middle East & Africa
  • Greater China
  • Asia Pacific & Latin America

Extraction

Confidence
High
Relevance
90%
Sentiment
Negative
Detected
Oct 6, 2026
signal_type
sec-10q
signal_subtype
inventoryIssue

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The API returns more than this page shows

This page shows a preview. The full sec-10q record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/57f47585-fd6e-4f14-91b3-e75301a7e8b5 returns this record as JSON. POST /v1/companies/enrich returns every signal for nike.com.

{
  "signal_id": "57f47585-fd6e-4f14-91b3-e75301a7e8b5",
  "signal_type": "sec-10q",
  "signal_subtype": "inventoryIssue",
  "detected_at": "2026-10-06T07:08:26.684+00:00",
  "company": {
    "name": "Nike",
    "domain": "nike.com"
  },
  "data": {
    "detail": "An increase in inventories due to shifts in product mix was a primary driver for a net $846 million decrease in cash from working capital. This signals significant challenges in demand forecasting or supply chain management, creating an urgent need for solutions that improve inventory visibility and planning.",
    "metrics": {
      "timeframe": "current_quarter",
      "dollar_context": "Decrease in cash provided by operations from net change in certain working capital components, primarily driven by an increase in inventories.",
      "dollar_millions": 846
    },
    "summary": "Nike's cash flow impacted by rising inventories, contributing to an $846M drain on cash from operations.",
    "excerpts": "For the three months ended August 31, 2026, cash provided by operations was $135 million. This was driven by Net income of $712 million, adjusted for non-cash items of $269 million, and a net change in certain working capital components and other assets and liabilities that decreased cash provided by operations by $846 million.",
    "relevance": 0.9,
    "sentiment": "negative",
    "confidence": "high",
    "source_url": "https://www.sec.gov/Archives/edgar/data/320187/000032018726000193/nke-20260831.htm",
    "filing_date": "2026-10-02",
    "filing_year": 2026,
    "fiscal_year": 0,
    "fiscal_year_end": "08/31",
    "sales_relevance": "Supply chain tools needed",
    "signal_category": "financial",
    "regions_mentioned": [
      "North America",
      "Europe, Middle East & Africa",
      "Greater China",
      "Asia Pacific & Latin America"
    ]
  }
}

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