NICE
$121.58-0.68%
NICE Ltd American Depositary SharesStock · Technology
NICE financial statements
The full income statement, balance sheet, and cash-flow statement for NICE Ltd American Depositary Shares (NICE), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2017-12 60.9M2018-12 61.8M2019-12 62.4M2020-12 63.1M2021-12 63.5M2022-12 63.6M2023-12 62.9M2024-12 63.2M2025-12 60.4M-0.8% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
PeriodRangeOrderChangeFiguresAs-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 2.95B+7.7% | 2.74B+15.0% | 2.38B+9.0% | 2.18B+13.5% | 1.92B+16.6% | |
| 1.96B+7.1% | 1.83B+13.4% | 1.61B+7.5% | 1.50B+15.5% | 1.30B+19.4% | ||
| Cost of revenue | 989M+8.8% | 910M+18.4% | 768M+12.4% | 684M+9.5% | 624M+11.1% | |
| 1.31B+2.4% | 1.28B+9.0% | 1.17B+1.0% | 1.16B+12.6% | 1.03B+22.4% | ||
| Research & development | 360M-0.0% | 361M+11.7% | 323M+5.4% | 306M+12.9% | 271M+24.3% | |
| Selling, general & administrative | 289M+4.3% | 277M+9.8% | 252M+2.3% | 247M+9.4% | 225M+24.7% | |
| General & administrative | 289M+4.3% | 277M+9.8% | 252M+2.3% | 247M+9.4% | 225M+24.7% | |
| Selling & marketing | 661M+2.9% | 642M+7.2% | 599M-1.8% | 610M+13.7% | 536M+20.5% | |
| Operating income | 646M+18.3% | 546M+25.4% | 435M+29.9% | 335M+27.0% | 264M+9.0% | |
| Interest expense | 0.00-100.0% | 46.0K-95.8% | 1.10M-2.3% | 1.13M-88.8% | 10.1M+29.5% | |
| Interest & investment income | 22.0M-10.1% | 24.5M+20.9% | 20.3M+329.2% | 4.72M+2260.0% | 200K-87.0% | |
| Other non-operating income | 58.3M-1.0% | 58.9M+162.0% | 22.5M+121.2% | 10.2M+143.6% | -23.3M-379.3% | |
| Pre-tax income | 704M+16.4% | 605M+32.1% | 458M+32.5% | 345M+43.5% | 241M+1.4% | |
| Income tax | 91.9M-43.3% | 162M+35.9% | 119M+50.4% | 79.4M+91.8% | 41.4M+1.4% | |
| 612M+39.3% | 439M+30.6% | 337M+26.9% | 265M+32.8% | 200M+1.5% | ||
| Net income to non-controlling interest | — | -3.09M-71.5% | -1.80M-114.4% | -840K-338.6% | 352K+207.6% | |
| $9.67+43.0% | $6.76+32.3% | $5.11+27.8% | $4.00+34.2% | $2.98+0.0% | ||
| EPS (basic) | $9.82+40.9% | $6.97+31.0% | $5.32+27.6% | $4.17+32.4% | $3.15+0.6% | |
| Weighted-avg shares (basic) | 62.3M-1.8% | 63.5M-0.2% | 63.6M-0.3% | 63.8M+1.0% | 63.2M+0.8% | |
| Weighted-avg shares (diluted) | 63.3M-3.3% | 65.5M-1.1% | 66.3M-0.3% | 66.5M-0.6% | 66.9M+1.4% | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 1.38B-44.9% | 2.50B+8.3% | 2.31B-4.3% | 2.42B+5.2% | 2.30B+18.3% | ||
| Cash & equivalents | 379M-21.2% | 482M-5.9% | 512M-3.4% | 530M+39.9% | 379M-14.4% | |
| Short-term investments | 38.0M-96.7% | 1.14B+27.2% | 896M-14.0% | 1.04B-0.4% | 1.05B+2.4% | |
| Accounts receivable | 738M+14.6% | 644M+10.1% | 585M+12.9% | 519M+31.1% | 396M+30.5% | |
| Prepaid expenses | 224M-6.4% | 239M+20.8% | 198M-3.3% | 205M+10.9% | 185M+5.3% | |
| Other current assets | 19.2M+10.3% | 17.4M+6.2% | 16.4M-18.2% | 20.0M+112.9% | 9.40M+33.5% | |
| 5.11B-3.6% | 5.30B+3.5% | 5.12B+5.4% | 4.85B+3.1% | 4.71B+11.3% | ||
| Property, plant & equipment | 189M+2.2% | 185M+6.2% | 174M+9.5% | 159M+9.4% | 146M+5.7% | |
| Operating lease right-of-use | 78.1M-16.1% | 93.1M-11.0% | 105M+1.6% | 103M+21.0% | 85.1M-12.5% | |
| Goodwill | 2.44B+31.9% | 1.85B+1.5% | 1.82B+12.7% | 1.62B+0.6% | 1.61B+6.9% | |
| Intangible assets | 588M+154.0% | 231M-24.3% | 306M+45.8% | 210M-29.0% | 295M-19.3% | |
| Deferred tax assets | 198M-9.6% | 219M+22.5% | 179M+53.1% | 117M+111.6% | 55.2M+68.8% | |
| Other non-current assets | 2.44M-25.0% | 3.26M-4.6% | 3.42M-41.6% | 5.85M-3.1% | 6.04M-2.4% | |
| Total non-current assets | 3.73B+33.5% | 2.79B-0.5% | 2.80B+15.1% | 2.44B+1.0% | 2.41B+5.3% | |
| 888M-39.8% | 1.47B+31.6% | 1.12B-1.8% | 1.14B-10.1% | 1.27B+21.6% | ||
| Accounts payable | 101M-8.9% | 111M+67.5% | 66.0M+17.9% | 56.0M+55.1% | 36.1M+9.0% | |
| Accrued liabilities | 196M+24.3% | 158M-3.1% | 163M+15.5% | 141M+25.1% | 113M+17.6% | |
| Short-term & current debt | 0.00-100.0% | 459M+119.3% | 209M-0.0% | 209M-47.1% | 396M+52.4% | |
| Current lease liability | 13.7M+9.5% | 12.6M-8.7% | 13.7M+1.6% | 13.5M-30.7% | 19.5M-12.9% | |
| Other current liabilities | 1.85M-34.8% | 2.84M+10.2% | 2.58M-81.0% | 13.6M+715.0% | 1.67M-56.3% | |
| Long-term debt | — | 0.00-100.0% | 457M+0.4% | 455M+6.1% | 429M+1.9% | |
| Non-current lease liability | 75.1M-18.6% | 92.3M-10.3% | 103M+3.7% | 99.3M+22.3% | 81.2M-12.0% | |
| Operating lease liability (total) | 88.8M-15.3% | 105M-10.2% | 117M+3.4% | 113M+12.0% | 101M-12.2% | |
| Deferred tax liabilities | 110M+5497.6% | 1.97M-77.1% | 8.60M+17.2% | 7.34M-1.3% | 7.43M-76.9% | |
| Other non-current liabilities | 71.6M+90.9% | 37.5M+699.7% | 4.69M-78.8% | 22.1M+1074.6% | 1.89M+7.7% | |
| Total non-current liabilities | 342M+56.6% | 218M-66.0% | 643M-2.3% | 658M+9.1% | 603M+0.5% | |
| 3.88B+8.0% | 3.59B+7.4% | 3.34B+9.8% | 3.04B+7.7% | 2.83B+10.2% | ||
| Common stock | 19.0M+0.0% | 19.0M+0.0% | 19.0M+0.0% | 19.0M+0.0% | 19.0M+0.0% | |
| Additional paid-in capital | 2.38B+4.5% | 2.28B+7.3% | 2.12B+8.8% | 1.95B+7.3% | 1.82B+8.1% | |
| Retained earnings | 3.31B+22.7% | 2.70B+19.4% | 2.26B+17.5% | 1.93B+16.5% | 1.65B+13.7% | |
| Treasury stock | 1.80B+34.6% | 1.34B+33.2% | 1.01B+35.3% | 743M+18.7% | 626M+9.0% | |
| Accumulated other comprehensive income | -35.7M+49.8% | -71.1M-20.2% | -59.1M+46.9% | -111M-180.0% | -39.7M-138.5% | |
| Non-controlling interest | 0.00-100.0% | 13.4M+0.4% | 13.4M+0.2% | 13.3M+3.6% | 12.9M-47.6% | |
| Total equity incl. non-controlling | 3.88B+7.6% | 3.60B+7.4% | 3.35B+9.8% | 3.06B+7.7% | 2.84B+9.6% | |
| Total liabilities & equity | 5.11B-3.6% | 5.30B+3.5% | 5.12B+5.4% | 4.85B+3.1% | 4.71B+11.3% | |
| Common shares issued | 74.8M+0.0% | 74.8M+0.0% | 74.8M+0.0% | 74.8M+0.0% | 74.8M+0.0% | |
| Common shares outstanding | 60.4M-4.5% | 63.2M+0.6% | 62.9M-1.2% | 63.6M+0.2% | 63.5M+0.7% | |
| Shares outstanding (cover) | 60.4M-4.5% | 63.2M+0.6% | 62.9M-1.2% | 63.6M+0.2% | 63.5M+0.7% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 717M-13.9% | 833M+48.3% | 561M+17.0% | 480M+3.9% | 462M-3.8% | ||
| Depreciation & amortization | 199M-2.9% | 205M+22.5% | 167M-5.2% | 177M-4.1% | 184M+1.1% | |
| Share-based compensation | 146M-19.8% | 182M+3.1% | 177M-3.3% | 183M+19.4% | 153M+50.5% | |
| Deferred income taxes | 10.4M+126.1% | -39.9M+37.0% | -63.4M-20.2% | -52.7M-33.5% | -39.5M-18.8% | |
| Change in receivables | 75.8M+24.2% | 61.0M+78.0% | 34.3M-73.6% | 130M+51.2% | 85.8M+485.6% | |
| 160M+140.3% | -397M-35.4% | -294M-92.7% | -152M+41.7% | -261M+43.8% | ||
| Capital expenditure | 18.9M-45.9% | 35.0M+19.7% | 29.2M-8.4% | 31.9M+28.8% | 24.8M+2.4% | |
| Free cash flow | 698M-12.5% | 798M+49.9% | 532M+18.8% | 448M+2.5% | 437M-4.2% | |
| Acquisitions | 856M+1220.8% | 64.8M-84.4% | 415M | 0.00 | 0.00 | |
| Purchases of investments | 93.3M-90.1% | 938M+307.4% | 230M-41.9% | 396M+23.0% | 322M-44.8% | |
| Sales/maturities of investments | — | 705M+61.8% | 436M+22.6% | 356M+31.4% | 271M-17.6% | |
| -984M-115.6% | -457M-57.3% | -290M-76.5% | -164M+37.2% | -262M-233.0% | ||
| Long-term debt issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Long-term debt repaid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 489M+32.4% | 369M+28.0% | 288M+99.0% | 145M+98.1% | 73.2M+51.6% | |
| Dividends paid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| FX effect on cash | 4.73M+168.5% | -6.91M-361.6% | 2.64M+131.4% | -8.43M-298.9% | -2.11M-213.1% | |
| Net change in cash | -103M-264.3% | -28.3M-43.0% | -19.8M-112.8% | 154M+342.8% | -63.6M-129.7% | |
| Interest paid | 224K-5.1% | 236K-80.7% | 1.22M-58.9% | 2.97M+332.3% | 688K-91.2% | |
| Income taxes paid | — | 120M-42.8% | 210M+70.3% | 124M+27.1% | 97.3M+16.8% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 6.83B-36.4% | 10.7B-15.4% | 12.7B+4.0% | 12.2B-36.7% | 19.3B+7.8% | |
| P/E | 11.2×-54.3% | 24.4×-49.0% | 47.9×-21.7% | 61.2×-36.7% | 96.6×+6.2% | |
| P/S | 2.3×-40.9% | 3.9×-32.5% | 5.8×-8.4% | 6.4×-36.7% | 10.0×-7.5% | |
| P/B | 1.8×-41.1% | 3.0×-28.3% | 4.2×-3.4% | 4.3×-36.7% | 6.8×-2.2% | |
| P/FCF | 9.8×-27.3% | 13.5×-52.5% | 28.4×+1.5% | 27.9×-36.7% | 44.1×+12.5% | |
| Earnings yield | 9.0%+119.0% | 4.1%+95.9% | 2.1%+27.7% | 1.6%+57.9% | 1.0%-5.9% | |
| FCF yield | 10.2%+37.5% | 7.4%+110.5% | 3.5%-1.5% | 3.6%+57.9% | 2.3%-11.1% | |
| Source filing | 20-F | 20-F | 20-F | 20-F | 20-F |
About this data
Source: NICE’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all NICE filings on SEC EDGAR → Not investment advice.