Nice (NCSYF) Research & Development (2009 - 2026)
Nice (NCSYF) recorded quarterly Research & Development of $97.5 million in Q1 2026, down 63.81% quarter-over-quarter from $269.3 million in Q3 2025, and up 9.4% on a YoY basis from $89.1 million in Q1 2025.
Nice (NCSYF) Research & Development (2009 - 2026) Analysis & Trends
Nice's Research & Development history runs 18 years deep, the most recent figure standing at $97.5 million for Q1 2026.
- In Q1 2026, Research & Development rose 9.4% year-over-year to $97.5 million; the TTM figure through Mar 2026 stood at $545.7 million (up 3.09% YoY), while the FY2025 annual figure was $360.4 million, changed 0.04% from the prior year.
- Research & Development was $97.5 million for Q1 2026 at Nice, down from $269.3 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $269.3 million in Q3 2025 to a low of -$144.7 million in Q4 2022.
- Historically, Research & Development has averaged $120.7 million across 5 years, with a median of $89.4 million in 2025.
- The sharpest annual moves came in 2022 and 2023: Research & Development grew 29.45% in 2022, then sank 47.59% in 2023.
- A 5-year view of Research & Development shows it stood at -$144.7 million in 2022, then jumped by 266.99% to $241.6 million in 2023, then gained by 10.04% to $265.9 million in 2024, then advanced by 1.31% to $269.3 million in 2025, then plunged by 63.81% to $97.5 million in 2026.
- The last three Research & Development figures came in at $97.5 million (Q1 2026), $269.3 million (Q3 2025), and $89.8 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 257.53 Bn | 239.56 Bn | 8.16 Bn | -1.99 Bn |
| 2 | Full Truck Alliance | 171.61 Bn | 169.06 Bn | - | -37.02 Mn |
| 3 | Salesforce | 152.15 Bn | 140.31 Bn | 8.56 Bn | 1.63 Bn |
| 4 | Uber Technologies | 144.45 Bn | 143.41 Bn | 11.88 Bn | 951.00 Mn |
| 5 | Shopify | 144.09 Bn | 138.34 Bn | 1.55 Bn | 437.00 Mn |
| 6 | ServiceNow | 110.55 Bn | 105.37 Bn | 2.83 Bn | 823.00 Mn |
| 7 | Cadence Design Systems | 106.32 Bn | 104.91 Bn | 1.26 Bn | 508.44 Mn |
| 8 | Adobe | 97.77 Bn | 90.88 Bn | 5.73 Bn | 1.11 Bn |
| 9 | Automatic Data Processing | 93.39 Bn | 90.16 Bn | 2.87 Bn | 253.90 Mn |
| 10 | Nice | - | - | 494.80 Mn | 97.48 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 97.48 Mn |
| Sep 30, 2025 | 269.33 Mn |
| Jun 30, 2025 | 89.76 Mn |
| Mar 31, 2025 | 89.10 Mn |
| Sep 30, 2024 | 265.85 Mn |
| Jun 30, 2024 | 86.52 Mn |
| Mar 31, 2024 | 87.83 Mn |
| Sep 30, 2023 | 241.59 Mn |
| Jun 30, 2023 | 78.64 Mn |
| Mar 31, 2023 | 78.10 Mn |
| Dec 31, 2022 | -144.67 Mn |
| Sep 30, 2022 | 224.11 Mn |
| Jun 30, 2022 | 150.06 Mn |
| Mar 31, 2022 | 76.58 Mn |
| Dec 31, 2021 | -105.20 Mn |
| Sep 30, 2021 | 195.86 Mn |
| Jun 30, 2021 | 121.37 Mn |
| Mar 31, 2021 | 59.16 Mn |
| Dec 31, 2020 | -103.16 Mn |
| Sep 30, 2020 | 162.02 Mn |