What is Nice Ltd's earnings per share (EPS)?

Nice Ltd (NCSYF) reported diluted earnings per share of $9.67 for fiscal year 2025. This represents a 43.0% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Nice Ltd Financials

NCSYF

Source SEC Filings (10-K/10-Q) Updated Dec 31, 2025 Currency USD FYE December

This page shows Nice Ltd (NCSYF) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 18 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Financial Profile 62/100

Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores

Profitability

Nice Ltd has an operating margin of 21.9%, meaning the company retains $22 of operating profit per $100 of revenue. This strong profitability earns a score of 71/100, reflecting efficient cost management and pricing power. This is up from 20.0% the prior year.

Growth

Nice Ltd's revenue grew 7.7% year-over-year to $2.9B, a solid pace of expansion. This earns a growth score of 46/100.

Leverage

Nice Ltd carries a low D/E ratio of 0.32, meaning only $0.32 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 96/100, indicating a strong balance sheet with room for future borrowing.

Liquidity

Nice Ltd's current ratio of 1.55 means current assets barely cover short-term liabilities. This tight liquidity results in a low score of 27/100, which could limit financial flexibility.

Cash Flow

Nice Ltd converts 23.7% of revenue into free cash flow ($697.6M). This strong cash generation earns a score of 84/100.

Returns

Nice Ltd's ROE of 15.8% shows moderate profitability relative to equity, earning a score of 46/100. This is up from 12.2% the prior year.

Altman Z-Score Safe

5.37

Nice Ltd scores 5.37, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($6.9B) relative to total liabilities ($1.2B). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.

Piotroski F-Score Neutral

6/9

Nice Ltd passes 6 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), 1 of 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.

Earnings Quality Cash-Backed

1.17x

For every $1 of reported earnings, Nice Ltd generates $1.17 in operating cash flow ($716.5M OCF vs $612.1M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

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Earnings & Revenue

Revenue

$2.9B

YoY+7.7%

5Y CAGR+12.3%

10Y CAGR+12.3%

Nice Ltd generated $2.9B in revenue in fiscal year 2025. This represents an increase of 7.7% from the prior year.

EBITDA

$844.8M

YoY+12.5%

5Y CAGR+14.8%

10Y CAGR+14.2%

Nice Ltd's EBITDA was $844.8M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 12.5% from the prior year.

Net Income

$612.1M

YoY+39.3%

5Y CAGR+25.5%

10Y CAGR+9.0%

Nice Ltd reported $612.1M in net income in fiscal year 2025. This represents an increase of 39.3% from the prior year.

EPS (Diluted)

$9.67

YoY+43.0%

5Y CAGR+26.5%

10Y CAGR+8.6%

Nice Ltd earned $9.67 per diluted share (EPS) in fiscal year 2025. This represents an increase of 43.0% from the prior year.

Cash & Balance Sheet

Free Cash Flow

$697.6M

YoY-12.5%

5Y CAGR+8.9%

10Y CAGR+11.5%

Nice Ltd generated $697.6M in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 12.5% from the prior year.

Cash & Debt

$379.4M

YoY-21.2%

5Y CAGR-3.0%

10Y CAGR+1.5%

Nice Ltd held $379.4M in cash against $0 in long-term debt as of fiscal year 2025.

Dividends Per Share

N/A

Shares Outstanding

60M

YoY-4.5%

5Y CAGR-0.8%

10Y CAGR+0.2%

Nice Ltd had 60M shares outstanding in fiscal year 2025. This represents a decrease of 4.5% from the prior year.

Margins & Returns

Gross Margin

66.4%

YoY-0.3pp

5Y CAGR+0.5pp

10Y CAGR-0.8pp

Nice Ltd's gross margin was 66.4% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 0.3 percentage points from the prior year.

Operating Margin

21.9%

YoY+2.0pp

5Y CAGR+7.2pp

10Y CAGR+4.0pp

Nice Ltd's operating margin was 21.9% in fiscal year 2025, reflecting core business profitability. This is up 2.0 percentage points from the prior year.

Net Margin

20.8%

YoY+4.7pp

5Y CAGR+8.9pp

10Y CAGR-7.1pp

Nice Ltd's net profit margin was 20.8% in fiscal year 2025, showing the share of revenue converted to profit. This is up 4.7 percentage points from the prior year.

Return on Equity

15.8%

YoY+3.6pp

5Y CAGR+8.1pp

10Y CAGR-2.5pp

Nice Ltd's ROE was 15.8% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 3.6 percentage points from the prior year.

Capital Allocation

R&D Spending

$360.4M

YoY-0.0%

5Y CAGR+10.6%

10Y CAGR+10.9%

Nice Ltd invested $360.4M in research and development in fiscal year 2025. This represents a decrease of 0.0% from the prior year.

Share Buybacks

$488.9M

YoY+32.4%

5Y CAGR+58.9%

10Y CAGR+21.7%

Nice Ltd spent $488.9M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents an increase of 32.4% from the prior year.

Capital Expenditures

$18.9M

YoY-45.9%

5Y CAGR-4.8%

10Y CAGR+1.3%

Nice Ltd invested $18.9M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 45.9% from the prior year.

NCSYF Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	$2.9B+7.7%	$2.7B+15.0%	$2.4B+9.0%	$2.2B+13.5%	$1.9B+16.6%	$1.6B
Cost of Revenue	$989.3M+8.8%	$909.5M+18.4%	$768.2M+12.4%	$683.7M+9.5%	$624.5M+11.1%	$562.0M
Gross Profit	$2.0B+7.1%	$1.8B+13.4%	$1.6B+7.5%	$1.5B+15.5%	$1.3B+19.4%	$1.1B
R&D Expenses	$360.4M0.0%	$360.6M+11.7%	$322.7M+5.4%	$306.1M+12.9%	$271.2M+24.3%	$218.2M
SG&A Expenses	$288.8M+4.3%	$276.9M+9.8%	$252.3M+2.3%	$246.5M+9.4%	$225.4M+24.7%	$180.7M
Operating Income	$645.8M+18.3%	$546.0M+25.4%	$435.2M+29.9%	$335.2M+27.0%	$263.9M+9.0%	$242.0M
Interest Expense	$0-100.0%	$46K-95.8%	$1.1M-2.3%	$1.1M-88.8%	$10.1M+29.5%	$7.8M
Income Tax	$91.9M-43.3%	$162.2M+35.9%	$119.4M+50.4%	$79.4M+91.8%	$41.4M+1.4%	$40.8M
Net Income	$612.1M+39.3%	$439.5M+30.6%	$336.5M+26.9%	$265.1M+32.8%	$199.6M+1.5%	$196.7M
EPS (Diluted)	$9.67+43.0%	$6.76+32.3%	$5.11+27.8%	$4.00+34.2%	$2.980.0%	$2.98

Metric	Q4'25	Q4'24	Q4'23	Q4'22	Q4'21	Q4'20	Q4'19	Q4'18
Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
EPS (Diluted)	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

NCSYF Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$5.1B-3.6%	$5.3B+3.5%	$5.1B+5.4%	$4.9B+3.1%	$4.7B+11.3%	$4.2B
Current Assets	$1.4B-44.9%	$2.5B+8.3%	$2.3B-4.3%	$2.4B+5.2%	$2.3B+18.3%	$1.9B
Cash & Equivalents	$379.4M-21.2%	$481.7M-5.9%	$511.8M-3.4%	$529.6M+39.9%	$378.7M-14.4%	$442.3M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	$738.0M+14.6%	$644.0M+10.1%	$585.2M+12.9%	$518.5M+31.1%	$395.6M+30.5%	$303.1M
Goodwill	$2.4B+31.9%	$1.8B+1.5%	$1.8B+12.7%	$1.6B+0.6%	$1.6B+6.9%	$1.5B
Total Liabilities	$1.2B-27.9%	$1.7B-4.0%	$1.8B-2.0%	$1.8B-3.9%	$1.9B+13.0%	$1.7B
Current Liabilities	$887.6M-39.8%	$1.5B+31.6%	$1.1B-1.8%	$1.1B-10.1%	$1.3B+21.6%	$1.0B
Long-Term Debt	N/A	$0-100.0%	$457.1M+0.4%	$455.4M+6.1%	$429.3M+1.9%	$421.3M
Total Equity	$3.9B+8.0%	$3.6B+7.4%	$3.3B+9.8%	$3.0B+7.7%	$2.8B+10.2%	$2.6B
Retained Earnings	$3.3B+22.7%	$2.7B+19.4%	$2.3B+17.5%	$1.9B+16.5%	$1.7B+13.7%	$1.5B

Metric	Q4'25	Q4'24	Q4'23	Q4'22	Q4'21	Q4'20	Q4'19	Q4'18
Total Assets	$5.1B-3.6%	$5.3B+3.5%	$5.1B+5.4%	$4.9B+3.1%	$4.7B+11.3%	$4.2B+17.3%	$3.6B+12.6%	$3.2B
Current Assets	$1.4B-44.9%	$2.5B+8.3%	$2.3B-4.3%	$2.4B+5.2%	$2.3B+18.3%	$1.9B+121.8%	$875.7M+1.7%	$861.2M
Cash & Equivalents	$379.4M-21.2%	$481.7M-5.9%	$511.8M-3.4%	$529.6M+39.9%	$378.7M-14.4%	$442.3M+93.7%	$228.3M-5.7%	$242.1M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	$3.4M-1.3%	$3.4M
Accounts Receivable	$738.0M+14.6%	$644.0M+10.1%	$585.2M+12.9%	$518.5M+31.1%	$395.6M+30.5%	$303.1M-5.2%	$319.6M+11.0%	$288.0M
Goodwill	$2.4B+31.9%	$1.8B+1.5%	$1.8B+12.7%	$1.6B+0.6%	$1.6B+6.9%	$1.5B+9.1%	$1.4B+0.9%	$1.4B
Total Liabilities	$1.2B-27.9%	$1.7B-4.0%	$1.8B-2.0%	$1.8B-3.9%	$1.9B+13.0%	$1.7B+23.4%	$1.4B+13.6%	$1.2B
Current Liabilities	$887.6M-39.8%	$1.5B+31.6%	$1.1B-1.8%	$1.1B-10.1%	$1.3B+21.6%	$1.0B+11.0%	$941.0M+50.6%	$624.9M
Long-Term Debt	N/A	$0-100.0%	$457.1M+0.4%	$455.4M+6.1%	$429.3M+1.9%	$421.3M+97.5%	$213.3M-53.2%	$456.0M
Total Equity	$3.9B+8.0%	$3.6B+7.4%	$3.3B+9.8%	$3.0B+7.7%	$2.8B+10.2%	$2.6B+13.6%	$2.3B+11.9%	$2.0B
Retained Earnings	$3.3B+22.7%	$2.7B+19.4%	$2.3B+17.5%	$1.9B+16.5%	$1.7B+13.7%	$1.5B+15.6%	$1.3B+17.3%	$1.1B

NCSYF Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	$716.5M-13.9%	$832.6M+48.3%	$561.4M+17.0%	$479.7M+3.9%	$461.8M-3.8%	$480.3M
Capital Expenditures	$18.9M-45.9%	$35.0M+19.7%	$29.2M-8.4%	$31.9M+28.8%	$24.8M+2.4%	$24.2M
Free Cash Flow	$697.6M-12.5%	$797.7M+49.9%	$532.2M+18.8%	$447.8M+2.5%	$437.0M-4.2%	$456.1M
Investing Cash Flow	$160.0M+140.3%	-$397.4M-35.4%	-$293.6M-92.7%	-$152.4M+41.7%	-$261.5M+43.8%	-$465.1M
Financing Cash Flow	-$984.3M-115.6%	-$456.6M-57.3%	-$290.3M-76.5%	-$164.5M+37.2%	-$261.8M-233.0%	$196.8M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	$488.9M+32.4%	$369.2M+28.0%	$288.4M+99.0%	$144.9M+98.1%	$73.2M+51.6%	$48.3M

Metric	Q4'25	Q4'24	Q4'23	Q4'22	Q4'21	Q4'20	Q4'19	Q4'18
Operating Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Financing Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

NCSYF Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	66.4%-0.3pp	66.8%-0.9pp	67.7%-1.0pp	68.7%+1.2pp	67.5%+1.6pp	65.9%
Operating Margin	21.9%+2.0pp	20.0%+1.6pp	18.3%+2.9pp	15.4%+1.6pp	13.7%-1.0pp	14.7%
Net Margin	20.8%+4.7pp	16.1%+1.9pp	14.1%+2.0pp	12.2%+1.8pp	10.4%-1.5pp	11.9%
Return on Equity	15.8%+3.6pp	12.2%+2.2pp	10.1%+1.4pp	8.7%+1.7pp	7.1%-0.6pp	7.7%
Return on Assets	12.0%+3.7pp	8.3%+1.7pp	6.6%+1.1pp	5.5%+1.2pp	4.2%-0.4pp	4.7%
Current Ratio	1.55-0.1	1.70-0.4	2.06-0.1	2.12+0.3	1.81-0.0	1.86
Debt-to-Equity	0.32+0.3	0.00-0.1	0.14-0.0	0.150.0	0.15-0.0	0.16
FCF Margin	23.7%-5.5pp	29.2%+6.8pp	22.4%+1.9pp	20.5%-2.2pp	22.8%-4.9pp	27.7%

Metric	Q4'25	Q4'24	Q4'23	Q4'22	Q4'21	Q4'20	Q4'19	Q4'18
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Current Ratio	1.55-0.1	1.70-0.4	2.06-0.1	2.12+0.3	1.81-0.0	1.86+0.9	0.93-0.4	1.38
Debt-to-Equity	0.32+0.3	0.00-0.1	0.14-0.0	0.150.0	0.15-0.0	0.16+0.1	0.09-0.1	0.23
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Frequently Asked Questions

What is Nice Ltd's annual revenue?

Nice Ltd (NCSYF) reported $2.9B in total revenue for fiscal year 2025. This represents a 7.7% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Nice Ltd's revenue growing?

Nice Ltd (NCSYF) revenue grew by 7.7% year-over-year, from $2.7B to $2.9B in fiscal year 2025.

Is Nice Ltd profitable?

Yes, Nice Ltd (NCSYF) reported a net income of $612.1M in fiscal year 2025, with a net profit margin of 20.8%.

What is Nice Ltd's EBITDA?

Nice Ltd (NCSYF) had EBITDA of $844.8M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

What is Nice Ltd's gross margin?

Nice Ltd (NCSYF) had a gross margin of 66.4% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is Nice Ltd's operating margin?

Nice Ltd (NCSYF) had an operating margin of 21.9% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is Nice Ltd's net profit margin?

Nice Ltd (NCSYF) had a net profit margin of 20.8% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is Nice Ltd's return on equity (ROE)?

Nice Ltd (NCSYF) has a return on equity of 15.8% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Nice Ltd's free cash flow?

Nice Ltd (NCSYF) generated $697.6M in free cash flow during fiscal year 2025. This represents a -12.5% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Nice Ltd's operating cash flow?

Nice Ltd (NCSYF) generated $716.5M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Nice Ltd's total assets?

Nice Ltd (NCSYF) had $5.1B in total assets as of fiscal year 2025, including both current and long-term assets.

What are Nice Ltd's capital expenditures?

Nice Ltd (NCSYF) invested $18.9M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How much does Nice Ltd spend on research and development?

Nice Ltd (NCSYF) invested $360.4M in research and development during fiscal year 2025.

Does Nice Ltd buy back shares?

Yes, Nice Ltd (NCSYF) spent $488.9M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

How many shares does Nice Ltd have outstanding?

Nice Ltd (NCSYF) had 60M shares outstanding as of fiscal year 2025.

What is Nice Ltd's current ratio?

Nice Ltd (NCSYF) had a current ratio of 1.55 as of fiscal year 2025, which is generally considered healthy.

What is Nice Ltd's debt-to-equity ratio?

Nice Ltd (NCSYF) had a debt-to-equity ratio of 0.32 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Nice Ltd's return on assets (ROA)?

Nice Ltd (NCSYF) had a return on assets of 12.0% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Nice Ltd's Altman Z-Score?

Nice Ltd (NCSYF) has an Altman Z-Score of 5.37, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios—working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets—to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is Nice Ltd's Piotroski F-Score?

Nice Ltd (NCSYF) has a Piotroski F-Score of 6 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Nice Ltd's earnings high quality?

Nice Ltd (NCSYF) has an earnings quality ratio of 1.17x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

How financially healthy is Nice Ltd?

Nice Ltd (NCSYF) scores 62 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.