Nike reported $684 million in outstanding tariff receivables as of May 31, 2026, after already collecting $302 million tied to IEEPA-related import charges. The company said it has since recovered substantially all of the remaining balance. Nike will continue monitoring U.S. and international trade policies, tariff refunds and related litigation because further changes could affect cash flow and reported results. The update also showed a slight shift toward the domestic market, with U.S. Nike Brand and Converse sales accounting for about 44% of fiscal 2026 revenue, up from 43% in 2025 and 42% in 2024, while international markets contributed 56%, down from 58% two years earlier.
Nike IncNike has recovered substantially all of $684 million in outstanding tariff receivables, reducing financial risk from trade policy.