Nice (NCSYF) Cost of Revenue (2009 - 2026)

Nice (NCSYF) recorded quarterly Cost of Revenue of $185.1 million in Q1 2026, down 72.0% quarter-over-quarter from $661.1 million in Q4 2025, and up 14.66% on a YoY basis from $161.4 million in Q1 2025.

Nice (NCSYF) Cost of Revenue (2009 - 2026) Analysis & Trends

Nice's Cost of Revenue history runs 18 years deep, the most recent figure standing at $185.1 million for Q1 2026.

  • In Q1 2026, Cost of Revenue rose 14.66% year-over-year to $185.1 million; the TTM figure through Mar 2026 stood at $1.5 billion (up 60.63% YoY), while the FY2025 annual figure was $989.3 million, up 8.77% from the prior year.
  • Cost of Revenue was $185.1 million for Q1 2026 at Nice, down from $661.1 million in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $661.1 million in Q4 2025 to a low of -$233.6 million in Q4 2022.
  • Historically, Cost of Revenue has averaged $258.5 million across 5 years, with a median of $169.8 million in 2025.
  • Biggest YoY gain for Cost of Revenue was 19.43% in 2022; the steepest drop was 60.67% in 2022.
  • A 5-year view of Cost of Revenue shows it stood at -$233.6 million in 2022, then jumped by 290.34% to $444.6 million in 2023, then rose by 4.68% to $465.4 million in 2024, then surged by 42.05% to $661.1 million in 2025, then sank by 72.0% to $185.1 million in 2026.
  • The last three Cost of Revenue figures came in at $185.1 million (Q1 2026), $661.1 million (Q4 2025), and $493.1 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Sap Se 245.77 Bn 227.80 Bn 8.16 Bn 3.02 Bn
2 Full Truck Alliance 173.38 Bn 170.83 Bn - 55.33 Mn
3 Salesforce 149.14 Bn 137.30 Bn 8.56 Bn 3.77 Bn
4 Uber Technologies 141.25 Bn 140.21 Bn 11.88 Bn 1.33 Bn
5 Shopify 141.09 Bn 135.35 Bn 1.55 Bn 1.62 Bn
6 ServiceNow 109.96 Bn 104.78 Bn 2.83 Bn 940.00 Mn
7 Cadence Design Systems 104.55 Bn 103.15 Bn 1.26 Bn 211.49 Mn
8 Adobe 95.76 Bn 88.87 Bn 5.73 Bn 1.71 Bn
9 Automatic Data Processing 93.36 Bn 90.13 Bn 2.87 Bn 3.07 Bn
10 Nice - - 494.80 Mn 185.11 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 185.11 Mn
Mar 31, 2026 185.11 Mn
Dec 31, 2025 661.13 Mn
Dec 31, 2025 661.13 Mn
Sep 30, 2025 493.10 Mn
Sep 30, 2025 493.10 Mn
Jun 30, 2025 169.80 Mn
Jun 30, 2025 169.80 Mn
Mar 31, 2025 161.43 Mn
Mar 31, 2025 161.43 Mn
Sep 30, 2024 465.44 Mn
Sep 30, 2024 465.44 Mn
Jun 30, 2024 157.65 Mn
Jun 30, 2024 157.65 Mn
Mar 31, 2024 155.02 Mn
Mar 31, 2024 155.02 Mn
Sep 30, 2023 444.61 Mn
Sep 30, 2023 444.61 Mn
Jun 30, 2023 151.96 Mn
Jun 30, 2023 151.96 Mn