Nice Ltd. income statement
In fiscal 2025, Nice Ltd. reported revenue of $2.95bn, up 7.7% on the year before, operating income of $646m (a 21.9% margin) and net income of $612m, or $9.67 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 583 | 689 | 794 | 879 | 822 | 872 | 927 | 1,016 | 1,332 | 1,445 | 1,574 | 1,648 | 1,921 | 2,181 | 2,378 | 2,735 | 2,945 |
| Cost of revenue | 237 | 269 | 307 | 351 | 300 | 304 | 304 | 338 | 469 | 497 | 532 | 562 | 624 | 684 | 768 | 910 | 989 |
| Gross profit | 346 | 420 | 487 | 528 | 522 | 568 | 623 | 678 | 863 | 948 | 1,042 | 1,086 | 1,297 | 1,498 | 1,609 | 1,826 | 1,956 |
| Research and development | 77 | 97 | 109 | 121 | 115 | 123 | 128 | 142 | 181 | 184 | 194 | 218 | 271 | 306 | 323 | 361 | 360 |
| Selling and marketing | 142 | 178 | 199 | 230 | 215 | 231 | 226 | 268 | 361 | 413 | 442 | 445 | 536 | 610 | 599 | 642 | 661 |
| General and administrative | 73 | 76 | 96 | 96 | 86 | 83 | 90 | 117 | 129 | 153 | 168 | 181 | 225 | 247 | 252 | 277 | 289 |
| Operating income | 38 | 49 | 59 | 46 | 75 | 106 | 166 | 134 | 150 | 198 | 239 | 242 | 264 | 335 | 435 | 546 | 646 |
| Interest expense | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 10 | 11 | 12 | 8 | 10 | 1 | 1 | 0 | 0 |
| Income before tax | 46 | 58 | 70 | 54 | 79 | 110 | 171 | 144 | 130 | 187 | 234 | 237 | 241 | 345 | 458 | 605 | 704 |
| Income tax | 3 | 10 | 12 | −14 | 27 | 10 | 31 | 21 | −14 | 27 | 48 | 41 | 41 | 79 | 119 | 162 | 92 |
| Net income | 43 | 49 | 57 | 68 | 55 | 103 | 259 | 117 | 143 | 159 | 186 | 197 | 200 | 265 | 337 | 439 | 612 |
| Diluted EPS | $0.68 | $0.76 | $0.89 | $1.09 | $0.89 | $1.69 | $4.22 | $1.92 | $2.31 | $2.52 | $2.88 | $2.98 | $2.98 | $4.00 | $5.11 | $6.76 | $9.67 |
| Diluted shares (average) | 61m | 63m | 63m | 62m | 62m | 61m | 61m | 61m | 62m | 63m | 65m | 66m | 67m | 66m | 66m | 66m | 63m |
| EBITDA | 85 | 106 | 126 | 141 | 167 | 180 | 224 | 212 | 306 | 355 | 412 | 424 | 448 | 512 | 603 | 751 | 845 |
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