NICENasdaqServices-Prepackaged SoftwareFiscal year ends December 31Also trades as NCSYF

NICE Ltd.

Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 20-F on Feb 26, 2026

$113.84+1.67 (+1.49%)

Close on Oct 19, 2026

Market cap: –
P/E (TTM): 11.8
Dividend yield: –

NICE Ltd. cash flow statement

AnnualQuarterlyTTM

Millions of USD, except per-share data. Shares in millions.

Line item	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31	FY 2020 2020-12-31	FY 2019 2019-12-31	FY 2018 2018-12-31	FY 2017 2017-12-31	FY 2016 2016-12-31	FY 2015 2015-12-31	FY 2014 2014-12-31	FY 2013 2013-12-31	FY 2012 2012-12-31	FY 2011 2011-12-31	FY 2010 2010-12-31	FY 2009 2009-12-31	FY 2008 2008-12-31
Depreciation & Amortization	199	205	167	177	184	182	173	157	156	78	58	73	91	95	67	57	47	43
Stock-Based Compensation	146	182	177	183	153	102	81	67	57	41	28	30	26	24	21	21	18	25
Deferred Income Taxes	10	-40	-63	-53	-40	-33	-12	-30	-71	-26	6.85	-28	-17	-24	-8.75	-4.91	-6.98	-5.55
Change in Accounts Receivable	-76	-61	-34	-130	-86	22	-30	-73	38	-32	-56	4.81	-35	-12	-21	6.34	8.90	-0.23
Change in Inventory	–	–	–	–	–	–	–	–	–	–	–	-0.33	0.47	0.50	-2.05	3.55	-0.53	-0.94
Change in Accounts Payable	-15	44	3.43	20	-0.39	4.09	0.78	-3.53	2.67	4.39	2.17	-14	5.06	0.30	-3.74	-7.14	1.54	0.19
Change in Unearned Revenue	-23	3.05	-46	6.42	31	63	14	93	42	9.38	55	3.42	-4.55	-27	13	–	–	–
Operating Cash Flow	717	833	561	480	462	480	374	397	395	228	252	182	124	136	154	145	120	136
Capital Expenditures	-19	-35	-29	-32	-25	-24	-27	-31	-40	-27	-17	-17	-20	-29	-17	-12	-8.85	-15
Acquisitions	-856	-65	-415	–	–	–	–	-105	-76	-1,156	–	-0.91	-24	-165	-143	-52	-85	–
Sale of Property, Plant & Equipment	–	–	–	–	–	–	–	–	–	–	–	0.04	0.06	1.01	0.08	0.01	0.07	0.02
Purchase of Investments	-93	-938	-230	-396	-322	-583	-619	-430	-133	-47	-288	-144	-146	-137	-203	-388	-197	-231
Sale & Maturity of Investments	–	705	436	356	271	329	363	137	64	450	93	153	–	–	–	–	–	–
Other Investing Activities	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.96
Investing Cash Flow	160	-397	-294	-152	-261	-465	-344	-461	-213	-800	-28	-8.93	-33	-164	9.44	-277	-71	-121
Dividends Paid	–	–	–	–	–	–	0	0	-9.64	-38	-38	-38	-29	–	–	–	–	–
Share Repurchases	-489	-369	-288	-145	-73	-48	-47	-26	-24	-44	-68	-94	-79	-107	-96	–	–	–
Debt Issued	–	–	–	–	–	–	–	–	–	465	–	–	–	–	–	–	–	–
Debt Repaid	-460	-192	-2.63	-20	-177	-215	0	0	-260	–	–	–	–	–	–	–	–	–
Financing Cash Flow	-984	-457	-290	-164	-262	197	-43	-16	-15	405	-79	-102	-69	-77	-69	26	21	16
Foreign Exchange Rate Adjustments	4.73	-6.91	2.64	-8.43	-2.11	1.87	-0.98	-5.78	4.42	-2.55	-6.11	-3.56	-1.00	-0.56	-0.14	0.39	1.11	-3.05
Net Change in Cash	-103	-28	-20	154	-64	214	-14	-86	171	-169	138	68	21	-106	95	-105	70	28
Free Cash Flow	698	798	532	448	437	456	347	365	355	201	236	166	104	107	137	133	111	120
Income Taxes Paid	–	120	210	124	97	83	65	43	33	28	54	33	44	11	18	9.99	5.55	2.50
Interest Paid	0.22	0.24	1.22	2.97	0.69	7.83	11	12	7.91	2.20	0.11	0.12	0.34	0.06	0.08	0.03	0.04	0.05

Italic numbers are calculated by StockData (for example Q4 = full year − nine months). Per-share data and share counts are adjusted for stock splits. Hover a number for its source; click it to open the filing on SEC.gov. Click a row to chart it.

Ratios

Latest available, balances at Dec 31, 2025

Profitability, FY2025

Gross margin: 66.4%
Operating margin: 21.9%
Net margin: 20.8%
Return on equity, FY2025: 16.4%

Financial strength

Current ratio: 1.55
Debt to equity: –
Debt to assets: –
Cash to current liabilities: 42.7%

Valuation

P/E ratio: 11.8
Price to sales: –
Price to book: –
Dividend yield: –