15 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 12.3% per year over the past 5 years.
Net income has grown faster than revenue (25.5% vs 12.3% per year).
Operating margin has expanded, at 21.9% in the latest year.
Free cash flow has grown 8.9% per year over the past 5 years.
Financial health
Total debt has grown slower than revenue (-0.3% vs 12.3% per year).
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
2025
$2.9B
$612M
66.4%
21.9%
$698M
—
$379M
2024
$2.7B
$439M
66.7%
20.0%
$798M
$459M
$482M
2023
$2.4B
$337M
67.7%
18.3%
$532M
$666M
$512M
2022
$2.2B
$265M
68.7%
15.4%
$448M
$665M
$530M
2021
$1.9B
$200M
67.5%
13.7%
$437M
$825M
$379M
2020
$1.6B
$197M
65.9%
14.7%
$456M
$681M
$442M
2019
$1.6B
$186M
66.2%
15.2%
$347M
$465M
$228M
2018
$1.4B
$159M
65.6%
13.7%
$365M
$212M
$242M
2017
$1.3B
$143M
64.8%
11.3%
$355M
$212M
$328M
2016
$1.0B
$117M
66.7%
13.2%
$201M
$465M
$157M
2015
—
$259M
—
—
$236M
—
$326M
2014
—
$103M
—
—
—
—
$187M
2013
—
$55M
—
—
—
—
$120M
2012
—
$68M
—
—
$107M
—
$99M
2011
—
$57M
—
—
$137M
—
$204M
Valuation over time
How the market has priced NICE against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has fallen from 53.7× (Mar '23) to 9.1× (Jun '26).
The price-to-sales ratio has fallen from 6.5× (Mar '23) to 1.9× (Jun '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Frequently asked questions
Is NICE growing its revenue and profit?
Over the past 5 years, Nice Ltd.'s revenue has grown 12.3% per year, and net income grown 25.5% per year. These are computed facts, not advice.
How much debt does NICE have?
As of FY2025, Nice Ltd. reported — of total debt against $379M of cash.
What is NICE's profit margin?
In FY2025, gross margin was 66.4%, operating margin 21.9%, and net margin 20.8%.
What is NICE's P/E ratio?
As of Jun '26, Nice Ltd. traded at a price-to-earnings ratio of about 9.1× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.