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NICE · Nasdaq · United States · Services-Prepackaged Software
In shortNICE Ltd. is profitable, generates cash and holds more cash than debt, with revenue growing (+7.7% last year).
Financial health
Strong
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | 21.9% | 90/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | 20.8% | 100/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | 16.4% | 82/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | 14.5% | 97/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 1.55× | 63/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 0.00× | 100/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | Net cash | 100/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | – | n/a |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | 6.91 | 100/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 23.7% | 100/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | 1.14× | 100/100 |
| Years with positive free cash flow (last 5) | 5 of 5 | 100/100 |
Weight in the score: 20%
| Profitable years (last 5) | 5 of 5 | 100/100 |
|---|---|---|
| Years of revenue decline (last 5) | 0 of 5 | 100/100 |
| Revenue growth volatility | 3.9% | 97/100 |
| Operating margin volatility | 3.3% | 79/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | 10.5% | 75/100 |
|---|---|---|
| EPS growth, 3-year average | 34.2% | 100/100 |
Weight in the score: 10%
Fiscal year 2025 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
5 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
USD millions; negative values in parentheses.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | 1,921 | 2,181 | 2,378 | 2,735 | 2,945 |
| Cost of revenue | 624 | 684 | 768 | 910 | 989 |
| Gross profit | 1,297 | 1,498 | 1,609 | 1,826 | 1,956 |
| Research & development | 271 | 306 | 323 | 361 | 360 |
| Operating income | 264 | 335 | 435 | 546 | 646 |
| Interest expense | 10 | 1.1 | 1.1 | 0 | 0 |
| Pre-tax income | 241 | 345 | 458 | 605 | 704 |
| Income tax | 41 | 79 | 119 | 162 | 92 |
| Net income | 200 | 265 | 337 | 439 | 612 |
| Diluted EPS | $2.98 | $4.00 | $5.11 | $6.76 | $9.67 |
| Diluted shares (millions) | 67 | 66 | 66 | 66 | 63 |
5 older years available with the 10-year history. Essential plan, from €8.25/month →
6.91 Safe zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
7/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Dec 31, 2025 · Data updated Feb 26, 2026