Nike Inc. reported its fiscal fourth-quarter 2025 earnings with revenue of $11.1 billion, exceeding analyst estimates of $10.72 billion but reflecting a 12% decline year-over-year. The company posted diluted earnings per share of $0.14, beating the expected $0.12 but down 86% compared to the previous year. Net income fell to $211 million from $1.5 billion a year earlier. Pretax profit stood at $318 million, surpassing estimates of $233.5 million. Gross margin contracted by 440 basis points to 40.3%. Segment performance showed Nike Direct revenues decreased 14% to $4.4 billion, with digital sales down 26%, although Nike stores sales increased by 2%. Wholesale revenue declined 9% to $6.4 billion, and Converse sales dropped 26% to $357 million. Greater China revenue fell 21% to $1.5 billion, with EBIT at $304 million, below estimates. Inventory levels were $7.49 billion, slightly above forecasts. For the full fiscal year 2025, Nike reported revenue of $46.3 billion, down 10%, and GAAP EPS of $2.16, down 42%. The company indicated plans to raise prices in the fall to offset tariff impacts and expects holiday order growth in North America, EMEA, and APLA, partially offset by challenges in Greater China. Despite the declines, Nike shares rose over 10% in after-hours trading following the earnings release.