NICE Ltd.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.95B | $2.74B | $2.38B | $2.18B | $1.92B | $1.65B | $1.57B | $1.44B |
| Cost of Revenue | $989.3M | $909.5M | $768.2M | $683.7M | $624.5M | $562.0M | $531.8M | $496.8M |
| Gross Profit | $1.96B | $1.83B | $1.61B | $1.50B | $1.30B | $1.09B | $1.04B | $947.7M |
| Gross Margin | 66.4% | 66.7% | 67.7% | 68.7% | 67.5% | 65.9% | 66.2% | 65.6% |
| Operating Expenses | ||||||||
| Research & Development | $360.5M | $360.6M | $322.7M | $306.1M | $271.2M | $218.2M | $193.7M | $183.8M |
| SG&A Expense | $288.8M | $276.9M | $252.3M | $246.5M | $225.4M | $180.7M | $168.0M | $153.3M |
| Operating Income | $645.8M | $546.0M | $435.2M | $335.2M | $263.9M | $242.0M | $238.7M | $197.6M |
| Operating Margin | 21.9% | 20.0% | 18.3% | 15.4% | 13.7% | 14.7% | 15.2% | 13.7% |
| Interest Expense | — | — | $1.1M | $1.1M | $10.1M | $7.8M | $11.7M | $11.2M |
| Pretax Income | $704.0M | $604.8M | $457.7M | $345.3M | $240.6M | $237.2M | $234.3M | $186.7M |
| Income Tax Expense | $91.9M | $162.2M | $119.4M | $79.4M | $41.4M | $40.8M | $48.4M | $27.4M |
| Net Income | $612.1M | $439.5M | $336.5M | $265.1M | $199.6M | $196.7M | $185.9M | $159.3M |
| Net Margin | 20.8% | 16.1% | 14.2% | 12.2% | 10.4% | 11.9% | 11.8% | 11.0% |
| EPS (Basic) | $9.82 | $6.97 | $5.32 | $4.17 | $3.15 | $3.13 | $2.99 | $2.60 |
| EPS (Diluted) | $9.67 | $6.76 | $5.11 | $4.00 | $2.98 | $2.98 | $2.88 | $2.52 |
| Shares Outstanding (Basic) | 62.3M | 63.5M | 63.6M | 63.8M | 63.2M | 62.7M | 62.1M | 61.4M |
| Shares Outstanding (Diluted) | 63.3M | 65.5M | 66.3M | 66.5M | 66.9M | 66.0M | 64.7M | 63.3M |
| Dividends Per Share | — | — | — | — | — | — | $0.00 | $0.00 |