Nice

NICE Technology Software Application

Nice’s revenue for fiscal 2025 (year ended December 2025) was $2.9 billion, up 7.68% from fiscal 2024.

Revenue
+7.65%
EPS
−53.2%
Free cash flow
+141.2%

Quarter to June 2026, against a year earlier

96.12 3.47 −3.48%
Market cap
$5.8B
P/E
13.8×
Fwd P/E
15.7×
Dividend yield
—
F-score
7/9
Altman Z
5.46
Beneish M
−2.15
Dividend safety
n/a

Nice (NICE) Free cash flow margin

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Nice's free cash flow margin over the twelve months to 30 June 2026 was 18.3%, down 2.8 percentage points from fiscal 2025 (21.1%). Over the past ten years it has ranged from 18.2% (fiscal 2022) to 26.8% (fiscal 2024); the current reading is higher than 55% of that period. That is above the Software Application industry median of 5.77% and above the Technology sector median of 0.67%.

Free cash flow margin, annual

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Annual newest first

Period Free cash flow margin Change (points)
FY2025 21.1% (5.65)
FY2024 26.8% 6.72
FY2023 20.1% 1.83
FY2022 18.2% (2.30)
FY2021 20.5% (4.76)
FY2020 25.3% 5.46
FY2019 19.8% (3.21)
FY2018 23.1% (1.48)
FY2017 24.5% 5.58
FY2016 19.0% (5.51)

Against its own ten years

Low 18.2% High 26.8%
Ten-year median 21.1%
Current reading's percentile 55

Free cash flow margin against peers

Company Free cash flow margin
PEGA Pegasystems Inc. compare 25.3%
RNG Ringcentral, Inc. compare 23.0%
CVLT CommVault Systems, Inc. compare 20.4%
NICE Nice 18.3%
KVYO Klaviyo, Inc. compare 15.7%
BRZE Braze, Inc. compare 9.61%
NIQ NIQ Global Intelligence plc compare 6.05%
NAVN Navan, Inc. compare 3.43%
OCTV Octave Intelligence plc compare —
Software Application industry median 5.77%
Technology sector median 0.67%
Market median 0.00%

What Free cash flow margin is

Free Cash Flow Margin tells an investor how much of each sale turns into cash the company keeps after paying for investment in its assets.

(Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)) ÷ Revenue

The full definition of Free cash flow margin →

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