Nike NYSE:NKE 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.
Nike designs and sells athletic footwear, apparel and equipment under the Nike, Jordan and Converse brands. Its business depends heavily on global manufacturing, cross-border supply chains and consumer demand in the U.S. and overseas.
The update also showed a slight shift toward the domestic market. U.S. Nike Brand and Converse sales accounted for about 44% of fiscal 2026 revenue, up from 43% in 2025 and 42% in 2024. International markets contributed 56%, down from 58% 2 years earlier.