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Side-by-side financial comparison of Nike, Inc. (NKE) and PG&E Corporation (PCG). Click either name above to swap in a different company.

Nike, Inc. is the larger business by last-quarter revenue ($12.4B vs $6.9B, roughly 1.8× PG&E Corporation). PG&E Corporation runs the higher net margin — 12.9% vs 6.4%, a 6.5% gap on every dollar of revenue. On growth, PG&E Corporation posted the faster year-over-year revenue change (15.0% vs 0.6%). Over the past eight quarters, PG&E Corporation's revenue compounded faster (7.2% CAGR vs -0.0%).

Nike often refers to:Nike, Inc., a major American producer of athletic shoes, apparel, and sports equipment Nike (mythology), a Greek goddess who personifies victory

Pacific Gas and Electric Company (PG&E) is an American investor-owned utility (IOU). The company is headquartered at Kaiser Center, in Oakland, California. PG&E provides natural gas and electricity to 5.2 million households in the northern two-thirds of California, from Bakersfield and northern Santa Barbara County, almost to the Oregon and Nevada state lines.

NKE vs PCG — Head-to-Head

Bigger by revenue
NKE
NKE
1.8× larger
NKE
$12.4B
$6.9B
PCG
Growing faster (revenue YoY)
PCG
PCG
+14.4% gap
PCG
15.0%
0.6%
NKE
Higher net margin
PCG
PCG
6.5% more per $
PCG
12.9%
6.4%
NKE
Faster 2-yr revenue CAGR
PCG
PCG
Annualised
PCG
7.2%
-0.0%
NKE

Income Statement — Q2 FY2026 vs Q1 FY2026

Metric
NKE
NKE
PCG
PCG
Revenue
$12.4B
$6.9B
Net Profit
$792.0M
$885.0M
Gross Margin
40.6%
Operating Margin
21.4%
Net Margin
6.4%
12.9%
Revenue YoY
0.6%
15.0%
Net Profit YoY
-31.9%
39.6%
EPS (diluted)
$0.53
$0.39

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
NKE
NKE
PCG
PCG
Q1 26
$6.9B
Q4 25
$12.4B
$6.8B
Q3 25
$11.7B
$6.3B
Q2 25
$11.1B
$5.9B
Q1 25
$11.3B
$6.0B
Q4 24
$12.4B
$6.6B
Q3 24
$11.6B
$5.9B
Q2 24
$12.6B
$6.0B
Net Profit
NKE
NKE
PCG
PCG
Q1 26
$885.0M
Q4 25
$792.0M
$670.0M
Q3 25
$727.0M
$850.0M
Q2 25
$211.0M
$549.0M
Q1 25
$794.0M
$634.0M
Q4 24
$1.2B
$674.0M
Q3 24
$1.1B
$579.0M
Q2 24
$1.5B
$524.0M
Gross Margin
NKE
NKE
PCG
PCG
Q1 26
Q4 25
40.6%
Q3 25
42.2%
Q2 25
40.3%
Q1 25
41.5%
Q4 24
43.6%
Q3 24
45.4%
Q2 24
44.7%
Operating Margin
NKE
NKE
PCG
PCG
Q1 26
21.4%
Q4 25
18.0%
Q3 25
19.3%
Q2 25
2.9%
18.6%
Q1 25
7.5%
20.4%
Q4 24
11.5%
15.4%
Q3 24
11.3%
17.3%
Q2 24
13.7%
18.9%
Net Margin
NKE
NKE
PCG
PCG
Q1 26
12.9%
Q4 25
6.4%
9.8%
Q3 25
6.2%
13.6%
Q2 25
1.9%
9.3%
Q1 25
7.0%
10.6%
Q4 24
9.4%
10.2%
Q3 24
9.1%
9.7%
Q2 24
11.9%
8.8%
EPS (diluted)
NKE
NKE
PCG
PCG
Q1 26
$0.39
Q4 25
$0.53
$0.29
Q3 25
$0.49
$0.37
Q2 25
$0.14
$0.24
Q1 25
$0.54
$0.28
Q4 24
$0.78
$0.30
Q3 24
$0.70
$0.27
Q2 24
$0.99
$0.24

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
NKE
NKE
PCG
PCG
Cash + ST InvestmentsLiquidity on hand
$7.0B
Total DebtLower is stronger
Stockholders' EquityBook value
$14.1B
Total Assets
$37.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NKE
NKE
PCG
PCG
Q1 26
Q4 25
$7.0B
$713.0M
Q3 25
$7.0B
$404.0M
Q2 25
$7.5B
$494.0M
Q1 25
$8.6B
$2.0B
Q4 24
$8.0B
$940.0M
Q3 24
$8.5B
$895.0M
Q2 24
$9.9B
$1.3B
Total Debt
NKE
NKE
PCG
PCG
Q1 26
Q4 25
$57.4B
Q3 25
Q2 25
$8.0B
Q1 25
Q4 24
$53.6B
Q3 24
Q2 24
$8.9B
Stockholders' Equity
NKE
NKE
PCG
PCG
Q1 26
Q4 25
$14.1B
$32.5B
Q3 25
$13.5B
$32.0B
Q2 25
$13.2B
$31.2B
Q1 25
$14.0B
$30.7B
Q4 24
$14.0B
$30.1B
Q3 24
$13.9B
$26.8B
Q2 24
$14.4B
$26.3B
Total Assets
NKE
NKE
PCG
PCG
Q1 26
Q4 25
$37.8B
$141.6B
Q3 25
$37.3B
$138.2B
Q2 25
$36.6B
$136.4B
Q1 25
$37.8B
$135.4B
Q4 24
$38.0B
$133.7B
Q3 24
$37.9B
$132.3B
Q2 24
$38.1B
$130.8B
Debt / Equity
NKE
NKE
PCG
PCG
Q1 26
Q4 25
1.76×
Q3 25
Q2 25
0.60×
Q1 25
Q4 24
1.78×
Q3 24
Q2 24
0.62×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
NKE
NKE
PCG
PCG
Operating Cash FlowLast quarter
$579.0M
Free Cash FlowOCF − Capex
$386.0M
FCF MarginFCF / Revenue
3.1%
Capex IntensityCapex / Revenue
1.6%
Cash ConversionOCF / Net Profit
0.73×
TTM Free Cash FlowTrailing 4 quarters
$2.5B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NKE
NKE
PCG
PCG
Q1 26
Q4 25
$579.0M
$2.0B
Q3 25
$222.0M
$2.9B
Q2 25
$463.0M
$1.1B
Q1 25
$1.8B
$2.8B
Q4 24
$1.0B
$1.9B
Q3 24
$394.0M
$3.1B
Q2 24
$2.6B
$711.0M
Free Cash Flow
NKE
NKE
PCG
PCG
Q1 26
Q4 25
$386.0M
$-1.2B
Q3 25
$15.0M
$-80.0M
Q2 25
$363.0M
$-2.0B
Q1 25
$1.7B
$213.0M
Q4 24
$920.0M
$-896.0M
Q3 24
$274.0M
$526.0M
Q2 24
$2.4B
$-1.6B
FCF Margin
NKE
NKE
PCG
PCG
Q1 26
Q4 25
3.1%
-17.6%
Q3 25
0.1%
-1.3%
Q2 25
3.3%
-34.0%
Q1 25
15.2%
3.6%
Q4 24
7.4%
-13.5%
Q3 24
2.4%
8.9%
Q2 24
19.1%
-26.5%
Capex Intensity
NKE
NKE
PCG
PCG
Q1 26
Q4 25
1.6%
46.4%
Q3 25
1.8%
46.9%
Q2 25
0.9%
52.0%
Q1 25
0.7%
44.0%
Q4 24
1.0%
42.6%
Q3 24
1.0%
43.8%
Q2 24
1.7%
38.4%
Cash Conversion
NKE
NKE
PCG
PCG
Q1 26
Q4 25
0.73×
2.93×
Q3 25
0.31×
3.35×
Q2 25
2.19×
1.93×
Q1 25
2.26×
4.49×
Q4 24
0.90×
2.87×
Q3 24
0.37×
5.41×
Q2 24
1.75×
1.36×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

NKE
NKE

Footwear$7.7B62%
Apparel$3.9B31%
Sporting Equipment$550.0M4%
Converse Segment$300.0M2%
Sales Channel Other$9.0M0%

PCG
PCG

Electric$5.0B72%
Other$1.9B28%

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