
NICE Ltd. Income Statement 2025-2007 | NICE
Brief overview of revenue and earnings at NICE Ltd.
The figures are compared over a five-year interval. Revenue at NICE Ltd. moved from 1.6 billion dollars in 2020 to 2.9 billion dollars in 2025. The total change was +78.7%, with a CAGR of approximately 12.3%. The pace indicates confident and sustained business growth.
Gross profit changed from $1.1 billion to $2 billion (+80.1%). Cost of revenue moved broadly in line with sales. Gross margin moved from 65.9% to 66.4%. The economics of the core business remained steady.
EBITDA changed from $424 million to $845 million (+99.2%). Additional revenue translated efficiently into EBITDA. At the operating-margin level, the figure shifted from 25.7% to 28.7%. Higher profitability strengthens the quality of operating growth.
The five-year change in net income was +211.2%: from 197 million dollars to 612 million dollars. Net income reached a five-year high at the end of the interval.
Over the period, capitalization shifted from $17.8 billion to $7.2 billion (−59.3%). The market has not yet confirmed the improvement in fundamentals.
Financial takeaway
The financial profile remains mixed, with strengths and risks moving in different directions. Key strengths include net-income growth, steady gross profitability and sales growth. The main areas of concern are a weaker market valuation. Further direction will depend on top-line growth, operating profitability, and net income.
Annual Income Statement NICE Ltd.
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Market Cap |
7.24 B | 8.97 B | 16.6 B | 13.6 B | 19.2 B | 17.8 B | 9.64 B | 6.64 B | 5.56 B | 4.15 B | 3.6 B | 2.91 B | 2.4 B | 2.25 B | 2.27 B | 1.78 B | 1.47 B | - | - |
Shares |
62.3 M | 63.5 M | 63.6 M | 63.8 M | 63.2 M | 62.7 M | 62.1 M | 61.4 M | 60.4 M | 59.7 M | 59.6 M | 59.4 M | 60.4 M | 60.9 M | 62.9 M | 62.7 M | 61.4 M | - | - |
Historical Prices |
116 | 141 | 261 | 213 | 304 | 284 | 155 | 108 | 91.9 | 68.4 | 56.3 | 49.2 | 39.2 | 31.7 | 32.7 | 28.4 | 24 | 33.2 | 37.8 |
Net Income |
612 M | 439 M | 336 M | 265 M | 200 M | 197 M | 186 M | 159 M | 143 M | 117 M | 259 M | 103 M | 55.3 M | 67.9 M | 57.3 M | 48.7 M | 42.8 M | 39.1 M | - |
Revenue |
2.95 B | 2.74 B | 2.38 B | 2.18 B | 1.92 B | 1.65 B | 1.57 B | 1.44 B | 1.33 B | 1.02 B | 927 M | 1.01 B | 949 M | 879 M | 794 M | - | - | - | - |
Cost of Revenue |
989 M | 910 M | 768 M | 684 M | 624 M | 562 M | 532 M | 497 M | 469 M | 338 M | 304 M | 376 M | 365 M | 351 M | 307 M | 269 M | 237 M | 239 M | - |
Gross Profit |
1.96 B | 1.83 B | 1.61 B | 1.5 B | 1.3 B | 1.09 B | 1.04 B | 948 M | 863 M | 678 M | 623 M | 636 M | 584 M | 528 M | 487 M | 420 M | 346 M | 385 M | - |
Operating Income |
646 M | 546 M | 435 M | 335 M | 264 M | 242 M | 239 M | 198 M | 150 M | 134 M | 166 M | 106 M | 75.5 M | 45.6 M | 59 M | 49.1 M | 38.2 M | 37.4 M | - |
Interest Expense |
429 K | -375 K | 1.1 M | 1.13 M | 10.1 M | 7.77 M | 11.7 M | 11.2 M | 9.58 M | 1.86 M | 66 K | 73 K | 182 K | 103 K | 165 K | 46 K | 705 K | - | - |
EBITDA |
845 M | 751 M | 603 M | 512 M | 448 M | 424 M | 412 M | 355 M | 306 M | 151 M | 179 M | 138 M | 111 M | 80.1 M | 82.7 M | 106 M | 85.4 M | 80.1 M | - |
Operating Expenses |
1.31 B | 1.28 B | 1.17 B | 1.16 B | 1.03 B | 844 M | 1.34 B | 1.25 B | 1.18 B | 881 M | 761 M | 766 M | 746 M | 833 M | 735 M | 371 M | 308 M | 348 M | - |
General and Administrative Expenses |
289 M | 277 M | 252 M | 247 M | 225 M | 181 M | 168 M | 153 M | 129 M | 117 M | 90.3 M | 85.6 M | 88.3 M | 96.1 M | 95.6 M | 76.3 M | 72.8 M | 97.4 M | - |
All numbers in USD currency
Quarterly Income Statement NICE Ltd.
| 2025-Q4 | 2024-Q4 | 2023-Q4 | 2022-Q4 | 2022-Q3 | 2022-Q2 | 2022-Q1 | 2021-Q4 | 2021-Q3 | 2021-Q2 | 2021-Q1 | 2020-Q4 | 2020-Q3 | 2020-Q2 | 2020-Q1 | 2019-Q4 | 2019-Q3 | 2019-Q2 | 2019-Q1 | 2018-Q4 | 2018-Q3 | 2018-Q2 | 2018-Q1 | 2017-Q4 | 2017-Q3 | 2017-Q2 | 2017-Q1 | 2016-Q4 | 2016-Q3 | 2016-Q2 | 2016-Q1 | 2015-Q4 | 2015-Q3 | 2015-Q2 | 2015-Q1 | 2014-Q4 | 2014-Q3 | 2014-Q2 | 2014-Q1 | 2013-Q4 | 2013-Q3 | 2013-Q2 | 2013-Q1 | 2012-Q4 | 2012-Q3 | 2012-Q2 | 2012-Q1 | 2011-Q4 | 2011-Q3 | 2011-Q2 | 2011-Q1 | 2010-Q4 | 2009-Q4 | 2008-Q4 | 2007-Q4 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Shares |
62.3 M | 63.5 M | 63.6 M | - | - | - | - | 63.5 M | - | - | - | 63.1 M | - | - | - | 62.4 M | - | - | - | 61.8 M | - | - | - | 60.9 M | - | - | - | 60 M | - | - | - | 59.5 M | - | - | - | 59.3 M | - | - | - | 60.1 M | - | - | - | 60.2 M | - | - | - | 61.8 M | - | - | - | 62.7 M | 61.4 M | - | - |
Net Income |
612 M | 439 M | 336 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 48.7 M | 42.8 M | 39.1 M | - |
Revenue |
2.95 B | 2.74 B | 2.38 B | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Cost of Revenue |
989 M | 910 M | 768 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 269 M | 237 M | 239 M | - |
Gross Profit |
1.96 B | 1.83 B | 1.61 B | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 420 M | 346 M | 385 M | - |
Operating Income |
646 M | 546 M | 435 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 49.1 M | 38.2 M | 37.4 M | - |
Interest Expense |
429 K | -375 K | 1.1 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 46 K | 705 K | - | - |
EBITDA |
845 M | 751 M | 603 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 106 M | 85.4 M | 80.1 M | - |
Operating Expenses |
1.31 B | 1.28 B | 1.17 B | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 371 M | 308 M | 348 M | - |
General and Administrative Expenses |
289 M | 277 M | 252 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 76.3 M | 72.8 M | 97.4 M | - |
All numbers in USD currency
The income statement is one of the three key financial reports of a company NICE Ltd. (alongside the balance sheet and the cash flow statement). It shows how the company makes money and what its expenses are:
- How much revenue the company earned
- How much it spent on production, personnel, marketing, taxes, etc.
- What profit remained in the end
Analyzing the income statement helps an investor understand whether the business generates stable and growing profits, how effectively the company controls its expenses, and whether it is capable of generating income in the future. Additionally, this analysis shows how the company copes with crises and economic cycles, and allows assessing the potential for stock price growth and dividend payments.
Features- The income statement may include both recurring and one-time items (for example, profit from the sale of assets). It is necessary to separate core metrics from one-off events for accurate analysis.
- Companies often publish interim reports (e.g., quarterly), which allows for more timely tracking of trends.
- A combined analysis of the income statement with the balance sheet and cash flow statement provides a comprehensive view of the company’s financial health.