NICE Ltd. (NICE) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 766.53M | 786.5M | 732M | 726.71M | 700.19M | 721.6M | 689.96M | 664.4M | 659.31M | 623.19M | 601.34M | 581.11M | 571.86M | 568.56M | 554.72M | 530.58M | 527.43M | 519.69M | 490.4M | 456.03M |
| Revenue Growth % | 9.47% | 8.99% | 6.09% | 9.38% | 6.2% | 15.79% | 14.74% | 14.33% | 15.29% | 9.61% | 8.4% | 9.52% | 8.42% | 9.4% | 13.12% | 16.35% | 15.91% | 19.59% | 19.66% | 15.99% |
| Cost of Goods Sold | 273.08M | 272.64M | 242.93M | 241.6M | 232.08M | 232.39M | 229.69M | 224.78M | 222.67M | 200.88M | 190.99M | 189.71M | 186.6M | 180.98M | 170.78M | 164.92M | 167M | 165.24M | 160.84M | 150.51M |
| COGS % of Revenue | 35.62% | 34.67% | 33.19% | 33.25% | 33.15% | 32.2% | 33.29% | 33.83% | 33.77% | 32.23% | 31.76% | 32.65% | 32.63% | 31.83% | 30.79% | 31.08% | 31.66% | 31.8% | 32.8% | 33% |
| Gross Profit | 493.46M | 513.85M | 489.07M | 485.11M | 468.11M | 489.21M | 460.28M | 439.62M | 436.64M | 422.31M | 410.36M | 391.4M | 385.26M | 387.58M | 383.94M | 365.66M | 360.43M | 354.45M | 329.56M | 305.52M |
| Gross Margin % | 64.38% | 65.33% | 66.81% | 66.75% | 66.85% | 67.8% | 66.71% | 66.17% | 66.23% | 67.77% | 68.24% | 67.35% | 67.37% | 68.17% | 69.21% | 68.92% | 68.34% | 68.2% | 67.2% | 67% |
| Gross Profit Growth % | 5.41% | 5.04% | 6.26% | 10.35% | 7.21% | 15.84% | 12.16% | 12.32% | 13.34% | 8.96% | 6.88% | 7.04% | 6.89% | 9.35% | 16.5% | 19.68% | 17.34% | 22.85% | 22.17% | 18.67% |
| Operating Expenses | 367.05M | 337.63M | 328.3M | 324.52M | 319.94M | 334.9M | 318.9M | 310.79M | 315.2M | 299.65M | 296.73M | 285.97M | 291.76M | 299.76M | 293.65M | 280.97M | 288.06M | 285.16M | 265.39M | 241.55M |
| OpEx % of Revenue | 47.88% | 42.93% | 44.85% | 44.66% | 45.69% | 46.41% | 46.22% | 46.78% | 47.81% | 48.08% | 49.34% | 49.21% | 51.02% | 52.72% | 52.94% | 52.95% | 54.62% | 54.87% | 54.12% | 52.97% |
| Selling, General & Admin | 269.84M | 246.51M | 237.83M | 234.76M | 230.84M | 242.37M | 226.58M | 224.27M | 227.37M | 218.53M | 211.88M | 207.33M | 213.66M | 217.74M | 219.6M | 207.49M | 211.49M | 210.93M | 190.91M | 179.33M |
| SG&A % of Revenue | 35.2% | 31.34% | 32.49% | 32.3% | 32.97% | 33.59% | 32.84% | 33.76% | 34.49% | 35.07% | 35.24% | 35.68% | 37.36% | 38.3% | 39.59% | 39.11% | 40.1% | 40.59% | 38.93% | 39.32% |
| Research & Development | 97.21M | 91.12M | 90.46M | 89.76M | 89.1M | 94.75M | 91.5M | 86.52M | 87.83M | 81.12M | 84.85M | 78.64M | 78.1M | 84.38M | 74.05M | 73.48M | 76.58M | 77.45M | 74.48M | 62.22M |
| R&D % of Revenue | 12.68% | 11.59% | 12.36% | 12.35% | 12.73% | 13.13% | 13.26% | 13.02% | 13.32% | 13.02% | 14.11% | 13.53% | 13.66% | 14.84% | 13.35% | 13.85% | 14.52% | 14.9% | 15.19% | 13.64% |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | -1000K | 817K | 0 | 0 | 0 | 0 | 0 | 0 | -1000K | 0 | 0 | 0 | -1000K | 0 | 0 |
| Operating Income | 126.41M | 176.22M | 160.77M | 160.59M | 148.17M | 154.31M | 141.38M | 128.82M | 121.44M | 122.67M | 113.63M | 105.43M | 93.51M | 87.82M | 90.3M | 84.69M | 72.36M | 69.29M | 64.17M | 63.98M |
| Operating Margin % | 16.49% | 22.41% | 21.96% | 22.1% | 21.16% | 21.38% | 20.49% | 19.39% | 18.42% | 19.68% | 18.9% | 18.14% | 16.35% | 15.45% | 16.28% | 15.96% | 13.72% | 13.33% | 13.08% | 14.03% |
| Operating Income Growth % | -14.69% | 14.2% | 13.72% | 24.66% | 22.01% | 25.8% | 24.42% | 22.19% | 29.87% | 39.67% | 25.84% | 24.49% | 29.22% | 26.75% | 40.71% | 32.37% | 8.86% | 6.4% | 3.57% | 13.97% |
| EBITDA | 188.08M | 238.3M | 209.69M | 205.2M | 191.61M | 203.09M | 194.34M | 180.34M | 173.2M | 163.88M | 155.9M | 147.46M | 135.35M | 135.29M | 132.89M | 126.89M | 116.64M | 116.64M | 110.08M | 109.89M |
| EBITDA Margin % | 24.54% | 30.3% | 28.65% | 28.24% | 27.37% | 28.14% | 28.17% | 27.14% | 26.27% | 26.3% | 25.92% | 25.38% | 23.67% | 23.8% | 23.96% | 23.92% | 22.12% | 22.44% | 22.45% | 24.1% |
| EBITDA Growth % | -1.84% | 17.34% | 7.9% | 13.78% | 10.63% | 23.93% | 24.66% | 22.3% | 27.96% | 21.13% | 17.31% | 16.21% | 16.04% | 15.99% | 20.72% | 15.47% | 4.71% | 4.13% | 2.45% | 8.01% |
| D&A (Non-Cash Add-back) | 61.67M | 62.07M | 48.92M | 44.61M | 43.44M | 48.78M | 52.96M | 51.52M | 51.76M | 41.21M | 42.27M | 42.03M | 41.85M | 47.47M | 42.59M | 42.2M | 44.28M | 47.35M | 45.91M | 45.91M |
| EBIT | 126.41M | 176.22M | 160.77M | 160.59M | 148.17M | 151.7M | 142.2M | 144.47M | 121.44M | 148.84M | 113.63M | 114.78M | 102.23M | 87.87M | 90.3M | 84.69M | 72.36M | 68.19M | 67.59M | 64.77M |
| Net Interest Income | 0 | 0 | 21.14M | 0 | 15.85M | 16.94M | 12.28M | 15.64M | 14.01M | 0 | 7.04M | 9.35M | 8.72M | 9.1M | 596K | -50K | -486K | -7.73M | -3.14M | -9.06M |
| Interest Income | 0 | 0 | 21.14M | 0 | 15.85M | 23.05M | 12.28M | 15.64M | 14.01M | - | 7.04M | 9.39M | 8.72M | 9.1M | 596K | 0 | 0 | - | 0 | 0 |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 6.11M | 0 | 0 | 0 | - | 0 | 37K | 0 | - | 0 | 50K | 486K | 7.73M | 3.14M | 9.06M |
| Other Income/Expense | 19.27M | 6.45M | 21.14M | 14.82M | 15.85M | 16.94M | 12.28M | 15.64M | 14.01M | -2.63M | 7.04M | 9.35M | 8.72M | 9.13M | 596K | -50K | 486K | -7.7M | 287K | -9.06M |
| Pretax Income | 145.67M | 182.68M | 181.91M | 175.41M | 164.02M | 171.25M | 153.66M | 144.47M | 135.45M | 120.03M | 120.66M | 114.78M | 102.23M | 96.95M | 90.89M | 84.64M | 72.85M | 61.59M | 64.46M | 54.92M |
| Pretax Margin % | 19% | 23.23% | 24.85% | 24.14% | 23.42% | 23.73% | 22.27% | 21.74% | 20.54% | 19.26% | 20.07% | 19.75% | 17.88% | 17.05% | 16.38% | 15.95% | 13.81% | 11.85% | 13.14% | 12.04% |
| Income Tax | 98.98M | 32.12M | 37.06M | -11.99M | 34.73M | 71.74M | 32.74M | 28.68M | 29.07M | 38.38M | 28.31M | 27.42M | 25.29M | 25.77M | 19.64M | 19.07M | 14.91M | 6.21M | 13.8M | 10.52M |
| Effective Tax Rate % | 67.95% | 17.58% | 20.37% | -6.84% | 21.17% | 41.89% | 21.31% | 19.85% | 21.47% | 31.97% | 23.46% | 23.89% | 24.73% | 26.58% | 21.61% | 22.53% | 20.47% | 10.08% | 21.41% | 19.15% |
| Net Income | 46.69M | 150.55M | 144.85M | 187.4M | 129.29M | 99.51M | 120.92M | 115.78M | 106.37M | 81.65M | 92.35M | 87.36M | 76.94M | 71.19M | 71.25M | 65.57M | 57.94M | 55.15M | 50.65M | 44.78M |
| Net Margin % | 6.09% | 19.14% | 19.79% | 25.79% | 18.46% | 13.79% | 17.53% | 17.43% | 16.13% | 13.1% | 15.36% | 15.03% | 13.45% | 12.52% | 12.84% | 12.36% | 10.99% | 10.61% | 10.33% | 9.82% |
| Net Income Growth % | -63.89% | 51.3% | 19.79% | 61.86% | 21.54% | 21.87% | 30.93% | 32.55% | 38.25% | 14.7% | 29.63% | 33.22% | 32.79% | 29.09% | 40.66% | 46.43% | 10.97% | 0.4% | -0.22% | -0.01% |
| Net Income (Continuing) | 46.69M | 150.55M | 144.85M | 187.4M | 129.29M | 99.51M | 120.92M | 115.78M | 106.37M | 81.65M | 92.35M | 87.36M | 76.94M | 71.19M | 71.25M | 65.57M | 57.94M | 55.38M | 50.65M | 44.4M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 13.42M | 12.52M | 11.69M | 11.22M | 13.37M | 12.82M | 12.34M | 11.93M | 13.34M | 12.92M | 12.62M | 12.96M | 12.87M | 23.53M | 23.39M |
| EPS (Diluted) | 0.77 | 2.41 | 2.29 | 2.96 | 2.01 | 1.54 | 1.86 | 1.76 | 1.60 | 1.24 | 1.39 | 1.31 | 1.15 | 1.07 | 1.07 | 0.99 | 0.87 | 0.83 | 0.75 | 0.68 |
| EPS Growth % | -61.69% | 56.49% | 23.12% | 68.18% | 25.62% | 24.19% | 33.81% | 34.35% | 39.13% | 15.89% | 29.91% | 32.32% | 32.18% | 28.92% | 42.67% | 45.59% | 11.54% | 0% | -1.32% | 0% |
| EPS (Basic) | 0.78 | 2.44 | 2.33 | 3.01 | 2.04 | 1.56 | 1.91 | 1.82 | 1.68 | 1.29 | 1.46 | 1.37 | 1.20 | 1.11 | 1.12 | 1.03 | 0.91 | 0.87 | 0.80 | 0.72 |
| Diluted Shares Outstanding | 60.6M | 62.58M | 63.16M | 63.21M | 64.37M | 64.8M | 64.84M | 65.86M | 66.53M | 65.75M | 66.22M | 66.44M | 66.66M | 66.28M | 66.45M | 66.27M | 66.85M | 67.25M | 67.1M | 66.51M |
| Basic Shares Outstanding | 59.92M | 61.8M | 63.25M | 62.16M | 63.35M | 63.72M | 63.4M | 63.53M | 63.28M | 63.28M | 63.42M | 63.72M | 63.94M | 63.96M | 63.74M | 63.81M | 63.74M | 63.38M | 63.18M | 63.11M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |