Nice (NCSYF) Gross Margin (2009 - 2026)
Nice (NCSYF) recorded quarterly Gross Margin of 64.38% in Q1 2026, down 3.64% quarter-over-quarter from 66.81% in Q3 2025, and down 248.0% on a YoY basis from 43.5% in Q1 2025.
Nice (NCSYF) Gross Margin (2009 - 2026) Analysis & Trends
Nice's Gross Margin history runs 18 years deep, the most recent figure standing at 64.38% for Q1 2026.
- In Q1 2026, Gross Margin fell 248.0% year-over-year to 64.38%; the TTM figure through Mar 2026 stood at 66.38% (down 2.0% YoY), while the FY2025 annual figure was 66.41%, down 33.0% from the prior year.
- Gross Margin was 64.38% for Q1 2026 at Nice, down from 66.81% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 68.83% in Q3 2022 to a low of 64.38% in Q1 2026.
- Historically, Gross Margin has averaged 67.18% across 5 years, with a median of 67.1% in 2023.
- The sharpest annual moves came in 2022 and 2026: Gross Margin soared 174 bps in 2022, then plunged 248 bps in 2026.
- A 5-year view of Gross Margin shows it stood at 68.73% in 2022, then dropped by 2 bps to 67.66% in 2023, then dropped by 2 bps to 66.37% in 2024, then grew by 1 bps to 66.81% in 2025, then fell by 4 bps to 64.38% in 2026.
- The last three Gross Margin figures came in at 64.38% (Q1 2026), 66.81% (Q3 2025), and 66.75% (Q2 2025), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 257.53 Bn | 239.56 Bn | 8.16 Bn | 72.98% |
| 2 | Full Truck Alliance | 171.61 Bn | 169.06 Bn | - | - |
| 3 | Salesforce | 152.15 Bn | 140.31 Bn | 8.56 Bn | 76.92% |
| 4 | Uber Technologies | 144.45 Bn | 143.41 Bn | 11.88 Bn | 89.96% |
| 5 | Shopify | 144.09 Bn | 138.34 Bn | 1.55 Bn | 48.77% |
| 6 | ServiceNow | 110.55 Bn | 105.37 Bn | 2.83 Bn | 75.07% |
| 7 | Cadence Design Systems | 106.32 Bn | 104.91 Bn | 1.26 Bn | 85.65% |
| 8 | Adobe | 97.77 Bn | 90.88 Bn | 5.73 Bn | 89.62% |
| 9 | Automatic Data Processing | 93.39 Bn | 90.16 Bn | 2.87 Bn | 48.28% |
| 10 | Nice | - | - | 494.80 Mn | 64.38% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 64.38% |
| Sep 30, 2025 | 66.81% |
| Jun 30, 2025 | 66.75% |
| Mar 31, 2025 | 66.85% |
| Sep 30, 2024 | 66.37% |
| Jun 30, 2024 | 66.17% |
| Mar 31, 2024 | 66.23% |
| Sep 30, 2023 | 67.66% |
| Jun 30, 2023 | 67.35% |
| Mar 31, 2023 | 67.37% |
| Dec 31, 2022 | 68.73% |
| Sep 30, 2022 | 68.83% |
| Jun 30, 2022 | 68.63% |
| Mar 31, 2022 | 68.34% |
| Dec 31, 2021 | 67.00% |
| Sep 30, 2021 | 67.33% |
| Jun 30, 2021 | 67.28% |
| Mar 31, 2021 | 67.50% |
| Dec 31, 2020 | 65.38% |
| Sep 30, 2020 | 65.73% |