{"url_path":"/sec/nke/10-k/2026/item-15","section_key":"item-15","section_title":"Item 15 EXHIBITS AND FINANCIAL STATEMENT SCHEDULES","topic":"sec","document":{"doc_type":"10-K","doc_date":"2026-07-15","source_url":"https://www.sec.gov/Archives/edgar/data/320187/0000320187-26-000088-index.html","accession_number":"0000320187-26-000088","cik":"0000320187","ticker":"NKE","issuer_name":"NIKE, Inc.","edgar_url":"https://www.sec.gov/Archives/edgar/data/320187/0000320187-26-000088-index.html","primary_entity_key":"0000320187","primary_entity_name":"NIKE, Inc."},"word_count":1695,"has_tables":true,"body_markdown":"ITEM 15. EXHIBITS AND FINANCIAL STATEMENT SCHEDULES\n\n(a)The following documents are filed as part of this Annual Report:\n\nFORM 10-K PAGE NO.\n\n1.Financial Statements:\n\n[Report of Independent Registered Public Accounting Firm](#i3352cfbb0b3b4c89899805d4ecacc4bf_139) (PCAOB ID 238)\n\n[53](#i3352cfbb0b3b4c89899805d4ecacc4bf_139)\n\n[Consolidated Statements of Income for each of the three years ended](#i3352cfbb0b3b4c89899805d4ecacc4bf_142)May 31, 2026[,](#i3352cfbb0b3b4c89899805d4ecacc4bf_142)May 31, 2025, and May 31, 2024\n\n[55](#i3352cfbb0b3b4c89899805d4ecacc4bf_142)\n\n[Consolidated Statements of Comprehensive Income for each of the three years ended](#i3352cfbb0b3b4c89899805d4ecacc4bf_145)May 31, 2026[,](#i3352cfbb0b3b4c89899805d4ecacc4bf_142)May 31, 2025, and May 31, 2024\n\n[56](#i3352cfbb0b3b4c89899805d4ecacc4bf_145)\n\n[Consolidated Balance Sheets at](#i3352cfbb0b3b4c89899805d4ecacc4bf_148)May 31, 2026 and May 31, 2025\n\n[57](#i3352cfbb0b3b4c89899805d4ecacc4bf_148)\n\n[Consolidated Statements of Cash Flows for each of the three years ended](#i3352cfbb0b3b4c89899805d4ecacc4bf_151) May 31, 2026[,](#i3352cfbb0b3b4c89899805d4ecacc4bf_142)May 31, 2025, and May 31, 2024\n\n[58](#i3352cfbb0b3b4c89899805d4ecacc4bf_151)\n\n[Consolidated Statements of Shareholders' Equity for each of the three years ended](#i3352cfbb0b3b4c89899805d4ecacc4bf_154)May 31, 2026[,](#i3352cfbb0b3b4c89899805d4ecacc4bf_142)May 31, 2025, and May 31, 2024\n\n[59](#i3352cfbb0b3b4c89899805d4ecacc4bf_154)\n\n[Notes to Consolidated Financial Statements](#i3352cfbb0b3b4c89899805d4ecacc4bf_157)\n\n[60](#i3352cfbb0b3b4c89899805d4ecacc4bf_157)\n\n2Financial Statement Schedule:\n\nAll financial statement schedules are omitted because they are not applicable or the required information is shown in the financial statements or notes thereto.\n\n3.Exhibits:\n\n3.1\n[Restated Articles of Incorporation, as amended (incorporated by reference to Exhibit 3.1 to the Company's Quarterly Report on Form 10-Q for the fiscal quarter ended November 30, 2015).](https://www.sec.gov/Archives/edgar/data/320187/000032018716000242/nke-11302015xexhibit31.htm)\n\n3.2\n[Sixth Amended and Restated Bylaws (incorporated by reference to Exhibit 3.1 to the Company's Current Report on Form 8-K filed September 20, 2024).](https://www.sec.gov/Archives/edgar/data/320187/000032018724000058/exhibit31-sixthamendedandr.htm)\n\n4.1\n[Restated Articles of Incorporation, as amended (see Exhibit 3.1).](https://www.sec.gov/Archives/edgar/data/320187/000032018716000242/nke-11302015xexhibit31.htm)\n\n4.2\n[Sixth Amended and Restated Bylaws (see Exhibit 3.2).](https://www.sec.gov/Archives/edgar/data/320187/000032018724000058/exhibit31-sixthamendedandr.htm)\n\n4.3\n[Indenture dated as of April 26, 2013, by and between NIKE, Inc. and Deutsche Bank Trust Company Americas, as trustee (incorporated by reference to Exhibit 4.1 to the Company's Form 8-K filed April 26, 2013).](https://www.sec.gov/Archives/edgar/data/320187/000119312513178088/d526946dex41.htm)\n\n4.4\n[Second Supplemental Indenture, dated as of October 29, 2015, by and between NIKE, Inc. and Deutsche Bank Trust Company Americas, as trustee, including the form of 3.875% Notes due 2045 (incorporated by reference to Exhibit 4.2 to the Company's Form 8-K filed October 29, 2015).](https://www.sec.gov/Archives/edgar/data/320187/000119312515357983/d63134dex42.htm)\n\n4.5\n[Third Supplemental Indenture, dated as of October 21, 2016, by and between NIKE, Inc. and Deutsche Bank Trust Company Americas, as trustee, including the form of 2.375% Notes due 2026 and form of 3.375% Notes due 2046 (incorporated by reference to Exhibit 4.2 to the Company's Form 8-K filed October 21, 2016).](https://www.sec.gov/Archives/edgar/data/320187/000119312516743821/d273960dex42.htm)\n\n4.6\n[Fourth Supplemental Indenture, dated as of March 27, 2020, by and between NIKE, Inc. and Deutsche Bank Trust Company Americas, as trustee, including the form of 2.400% Notes due 2025, form of 2.750% Notes due 2027, form of 2.850% Notes due 2030, form of 3.250% Notes due 2040 and form of 3.375% Notes due 2050 (incorporated by reference to Exhibit 4.2 to the Company's Form 8-K filed March 27, 2020).](https://www.sec.gov/Archives/edgar/data/320187/000119312520088765/d886989dex42.htm)\n\n4.7\n[Description of Securities.](https://www.sec.gov/Archives/edgar/data/320187/000032018725000047/nke-5312025exhibit47.htm)\n\n10.1\n[Form of Restricted Stock Agreement for non-employee directors under the Stock Incentive Plan (incorporated by reference to Exhibit 10.4 to the Company's Annual Report on Form 10-K for the fiscal year ended May 31, 2014).*](https://www.sec.gov/Archives/edgar/data/320187/000032018714000097/nke-5312014xexhibit104.htm)\n\n10.2\n[Form of Non-Statutory Stock Option Agreement for options granted to executives under the Stock Incentive Plan (incorporated by reference to Exhibit 10.1 to the Company's Quarterly Report on Form 10-Q for the fiscal quarter ended February 28, 2018).*](https://www.sec.gov/Archives/edgar/data/320187/000032018718000041/nke-02282018xexhibit101.htm)\n\n10.3\n[Form of Indemnity Agreement entered into between the Company and each of its officers and directors (incorporated by reference to Exhibit 10.2 to the Company's Annual Report on Form 10-K for the fiscal year ended May 31, 2008).*](https://www.sec.gov/Archives/edgar/data/320187/000119312508159004/dex102.htm)\n\n10.4\n[NIKE, Inc. Deferred Compensation Plan, as amended (incorporated by reference to Exhibit 99.3 to the Registration Statement on Form S-8 filed by the Company on April 10, 2026).*](https://www.sec.gov/Archives/edgar/data/320187/000119312526151296/d91743dex993.htm)\n\n10.5\n[NIKE, Inc. Foreign Subsidiary Employee Stock Purchase Plan, as amended (incorporated by reference to Exhibit 99.2 to the Registration Statement on Form S-8 filed by the Company on April 10, 2026).*](https://www.sec.gov/Archives/edgar/data/320187/000119312526151296/d91743dex992.htm)\n\n10.6\n[Amended and Restated Covenant Not to Compete and Non-Disclosure Agreement between NIKE, Inc. and Mark G. Parker dated July 24, 2008 (incorporated by reference to Exhibit 10.1 to the Company's Current Report on Form 8-K filed July 24, 2008).*](https://www.sec.gov/Archives/edgar/data/320187/000032018708000087/exhibit101.txt)\n\n2026 FORM 10-K 92\n\n[Table of Contents](#i3352cfbb0b3b4c89899805d4ecacc4bf_7)\n\n10.7\n[Form of Covenant Not to Compete and Non-Disclosure Agreement between NIKE, Inc. and its executive officers (other than Mark Parker](https://www.sec.gov/Archives/edgar/data/320187/000032018720000008/nkeexhibit101.htm)[and](https://www.sec.gov/Archives/edgar/data/320187/000032018720000008/nkeexhibit101.htm)[Elliott Hill](https://www.sec.gov/Archives/edgar/data/320187/000032018720000008/nkeexhibit101.htm)[) (incorporated by reference to Exhibit 10.1 to the Company's Current Report on Form 8-K filed February 18, 2020).*](https://www.sec.gov/Archives/edgar/data/320187/000032018720000008/nkeexhibit101.htm)\n\n10.8\n[NIKE, Inc. Stock Incentive Plan (incorporated by reference to Exhibit 10.2 to the Company's Current Report on Form 8-K filed September 23, 2015).*](https://www.sec.gov/Archives/edgar/data/320187/000032018715000186/exhibit102stockincentivepl.htm)\n\n10.9\n[Form of Discretionary Performance Award Agreement (incorporated by reference to Exhibit 10.22 to the Company's Annual Report on Form 10-K for the fiscal year ended May 31, 2018).*](https://www.sec.gov/Archives/edgar/data/320187/000032018718000142/nke-5312018xexhibit1022.htm)\n\n10.10\n[Form of Performance-Based Stock Option Agreement (incorporated by reference to Exhibit 10.2 to the Company's Current Report on Form 8-K filed October 22, 2019).](https://www.sec.gov/Archives/edgar/data/320187/000032018719000075/nkeex102.htm)*\n\n10.11\n[Letter Agreement between NIKE, Inc. and Mark G. Parker (incorporated by reference to Exhibit 10.6 to the Company's Current Report on Form 8-K filed October 22, 2019).*](https://www.sec.gov/Archives/edgar/data/320187/000032018719000075/nkeex106.htm)\n\n10.12\n[NIKE, Inc. Executive Performance Sharing Plan (incorporated by reference to Exhibit 10.1 to the Company's Current Report on Form 8-K filed June 19, 2020).*](https://www.sec.gov/Archives/edgar/data/320187/000032018720000029/nkeexhibit101.htm)\n\n10.13\n[Form of Non-Statutory Stock Option Agreement under the NIKE, Inc. Stock Incentive Plan (incorporated by reference to Exhibit 10.3 to the Company's Current Report on Form 8-K filed June 19, 2020).*](https://www.sec.gov/Archives/edgar/data/320187/000032018720000029/nkeexhibit103.htm)\n\n10.14\n[Form of Restricted Stock Unit Agreement under the NIKE, Inc. Stock Incentive Plan (incorporated by reference to Exhibit 10.4 to the Company's Current Report on Form 8-K filed June 19, 2020).*](https://www.sec.gov/Archives/edgar/data/320187/000032018720000029/nkeexhbit104.htm)\n\n10.15\n[NIKE, Inc. Stock Incentive Plan (incorporated by reference to Exhibit 10.1 to the Company's Current Report on Form 8-K filed September 18, 2020).*](https://www.sec.gov/Archives/edgar/data/320187/000032018720000054/nikeincstockincentivep.htm)\n\n10.16\nForm of[Performance-Based Restricted Stock Unit Agreement under the NIKE, Inc. Stock Incentive Plan (incorporated by reference to Exhibit 10.1 to the Company's Current Report on Form 8-K filed on June 17, 2021)](https://www.sec.gov/Archives/edgar/data/320187/000032018721000020/exhibit101-agreement.htm).*\n\n10.17\n[Five Year Credit Agreement dated as of March 7, 2025, among NIKE, Inc., Bank of America, N.A., as Administrative Agent, and the other Banks named therein (incorporated by reference to Exhibit 10.2 to the Company's Current Report on Form 8-K filed on March 10, 2025).](https://www.sec.gov/Archives/edgar/data/320187/000032018725000008/nikefiveyearcreditagreemen.htm)\n\n10.18\n[NIKE, Inc. Employee Stock Purchase Plan, as amended (incorporated by reference to Exhibit 10.1 to the Company's Quarterly Report on Form 10-Q for the fiscal quarter ended November 30, 2023).](https://www.sec.gov/Archives/edgar/data/320187/000032018724000004/nke-113023xexhibit101.htm)*\n\n10.19\n[Form of Stock Option Agreement under the NIKE, Inc. Stock Incentive Plan (incorporated by reference to Exhibit 10.26 to the Company's Annual Report on Form 10-K for the fiscal year ended May 31, 2024).*](https://www.sec.gov/Archives/edgar/data/320187/000032018724000044/nke-53124xexhibit1026.htm)\n\n10.20\n[Form of Restricted Stock Unit Agreement under the NIKE, Inc. Stock Incentive Plan (incorporated by reference to Exhibit 10.27 to the Company's Annual Report on Form 10-K for the fiscal year ended May 31, 2024).*](https://www.sec.gov/Archives/edgar/data/320187/000032018724000044/nke-53124xexhibit1027.htm)\n\n10.21\n[Form of Performance-Based Restricted Stock Unit Agreement under the NIKE, Inc. Stock Incentive Plan (incorporated by reference to Exhibit 10.28 to the Company's Annual Report on Form 10-K for the fiscal year ended May 31, 2024).*](https://www.sec.gov/Archives/edgar/data/320187/000032018724000044/nke-53124xexhibit1028.htm)\n\n10.22\n[Offer Letter, dated September 19, 2024, between NIKE, Inc. and Elliott Hill (incorporated by reference to Exhibit 10.1 to the Company's Quarterly Report on Form 10-Q for the fiscal quarter ended November 30, 2024).](https://www.sec.gov/Archives/edgar/data/320187/000032018725000004/nke-113024xexhibit101.htm)*\n\n10.23\n[Covenant Not to Compete and Non-Disclosure Agreement, dated September 19, 2024, between NIKE, Inc. and Elliott Hill (incorporated by reference to Exhibit 10.2 to the Company's Quarterly Report on Form 10-Q for the fiscal quarter ended November 30, 2024).](https://www.sec.gov/Archives/edgar/data/320187/000032018725000004/nke-113024xexhibit102.htm)*\n\n10.24\n[NIKE, Inc. Stock Incentive Plan (incorporated by reference to Exhibit 10.1 to the Company's Current Report on Form 8-K filed September 11, 2025).*](https://www.sec.gov/Archives/edgar/data/320187/000032018725000060/nikeincstockincentiveplan.htm)\n\n10.25\n[Letter Agreement, dated December 1, 2025, between NIKE, Inc. and Craig Williams](https://www.sec.gov/Archives/edgar/data/320187/000032018725000151/nke-113025xexhibit102.htm)[(incorporated by reference to Exhibit 10.2 to the Co](https://www.sec.gov/Archives/edgar/data/320187/000032018725000151/nke-113025xexhibit102.htm)[mpany's Quarterly Report on Form 10-Q for the fiscal quarter ended November 30, 2025)](https://www.sec.gov/Archives/edgar/data/320187/000032018725000151/nke-113025xexhibit102.htm)[.*](https://www.sec.gov/Archives/edgar/data/320187/000032018725000151/nke-113025xexhibit102.htm)\n\n10.26\n[364-Day Credit Agreement dated as of March 6, 2026, among NIKE, Inc., Bank of America, N.A., as Administrative Agent, and the other Banks named therein (incorporated by reference to Exhibit 10.1 to the Company's Current Report on Form 8-K filed on March 9, 2026).](https://www.sec.gov/Archives/edgar/data/320187/000032018726000020/a364-daycreditagreementxni.htm)\n\n10.27\n[Letter Agreement, dated June 17, 2026, by and between NIKE, Inc. and Matthew Friend (incorporated by reference to Exhibit 10.1 to the Company’s Current Report on Form 8-K filed on June 23, 2026).*](https://www.sec.gov/Archives/edgar/data/320187/000032018726000070/nike-mftransitionletter_fi.htm)\n\n10.28\n[NIKE, Inc. Executive Severance Pay Plan (incorporated by reference to Exhibit 10.2 to the Company’s Current Report on Form 8-K filed on June 23, 2026).*](https://www.sec.gov/Archives/edgar/data/320187/000032018726000070/nike-2026nikeincexecutives.htm)\n\n10.29\n[Offer Letter, dated June 16, 2026, between NIKE, Inc. and David Denton.*](nke-5312026exhibit1029.htm)\n\n19.1\n[NIKE, Inc. Insider Trading Policy](https://www.sec.gov/Archives/edgar/data/320187/000032018724000044/nke-53124xexhibit191.htm) (incorporated by reference to Exhibit 19.1 to the Company's Annual Report on Form 10-K for the fiscal year ended May 31, 2024).\n\n19.2\n[NIKE, Inc. Blackout and Pre-clearance Policy](https://www.sec.gov/Archives/edgar/data/320187/000032018724000044/nke-53124xexhibit192.htm) (incorporated by reference to Exhibit 19.2 to the Company's Annual Report on Form 10-K for the fiscal year ended May 31, 2024).\n\n21\n[Subsidiaries of the Registrant.](nke-5312026exhibit21.htm)\n\n23\n[Consent of PricewaterhouseCoopers LLP, Independent Registered Public Accounting Firm (included within this Annual Report on Form 10-K).](#i3352cfbb0b3b4c89899805d4ecacc4bf_259)\n\n31.1\n[Rule 13a-14(a)/15d-14(a) Certification of Chief Executive Officer.](nke-5312026exhibit311.htm)\n\n31.2\n[Rule 13a-14(a)/15d-14(a) Certification of Chief Financial Officer.](nke-5312026exhibit312.htm)\n\n32†\n[Section 1350 Certifications.](nke-5312026exhibit32.htm)\n\n97\n[NIKE, Inc. Policy for Recoupment of Incentive Compensation (incorporated by reference to Exhibit 97 to the Company's Annual Report on Form 10-K for the fiscal year ended May 31, 2024).*](https://www.sec.gov/Archives/edgar/data/320187/000032018724000044/nke-53124xexhibit97.htm)\n\n2026 FORM 10-K 93\n\n[Table of Contents](#i3352cfbb0b3b4c89899805d4ecacc4bf_7)\n\n101.INSInline XBRL Instance Document - the instance document does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document.\n\n101.SCHInline XBRL Taxonomy Extension Schema\n\n101.CALInline XBRL Taxonomy Extension Calculation Linkbase\n\n101.DEFInline XBRL Taxonomy Extension Definition Document\n\n101.LABInline XBRL Taxonomy Extension Label Linkbase\n\n101.PREInline XBRL Taxonomy Extension Presentation Linkbase\n\n104Cover Page Interactive Data File - formatted in Inline XBRL and included in Exhibit 101\n\n* Management contract or compensatory plan or arrangement.\n\n† Furnished herewith\n\nThe Exhibits filed herewith do not include certain instruments with respect to long-term debt of NIKE and its subsidiaries, inasmuch as the total amount of debt authorized under any such instrument does not exceed 10 percent of the total assets of NIKE and its subsidiaries on a consolidated basis. NIKE agrees, pursuant to Item 601(b)(4)(iii) of Regulation S-K, that it will furnish a copy of any such instrument to the SEC upon request.\n\n2026 FORM 10-K 94\n\n[Table of Contents](#i3352cfbb0b3b4c89899805d4ecacc4bf_7)"}