Nice (NICE) Cost of Revenue (2009 - 2026)
Nice's (NICE) quarterly Cost of Revenue came in at $273.8 million in Q1 2026, up 17.98% year-on-year from $232.1 million in Q1 2025, and down 61.79% quarter-over-quarter from $716.6 million in Q3 2025.
Nice (NICE) Cost of Revenue (2009 - 2026) Analysis & Trends
Nice's Cost of Revenue history runs 18 years deep, the most recent figure standing at $273.8 million for Q1 2026.
- On a quarterly basis, Cost of Revenue rose 17.98% year-over-year to $273.8 million in Q1 2026; TTM through Mar 2026 was $1.5 billion, a 7.92% increase from a year earlier, with the FY2025 full-year figure at $989.3 million, up 8.77% from the prior year.
- Cost of Revenue eased to $273.8 million in Q1 2026 per NICE's latest filing, from $716.6 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $716.6 million in Q3 2025 and bottomed at -$317.9 million in Q4 2022.
- The 5-year median for Cost of Revenue is $236.8 million (2025), against an average of $301.1 million.
- Across the five-year window, Cost of Revenue sank 42.84% in 2023 and climbed 19.36% in 2024, its largest moves.
- Year by year, Cost of Revenue stood at -$317.9 million in 2022, then jumped by 278.42% to $567.3 million in 2023, then gained by 19.36% to $677.1 million in 2024, then advanced by 5.83% to $716.6 million in 2025, then sank by 61.79% to $273.8 million in 2026.
- Per Business Quant, the three latest NICE Cost of Revenue figures stand at $273.8 million (Q1 2026), $716.6 million (Q3 2025), and $241.6 million (Q2 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 199.59 Bn | 179.36 Bn | 8.16 Bn | 3.02 Bn |
| 2 | Full Truck Alliance | 193.24 Bn | 190.53 Bn | - | - |
| 3 | Shopify | 164.78 Bn | 159.04 Bn | 1.55 Bn | 1.62 Bn |
| 4 | Salesforce | 150.52 Bn | 138.68 Bn | 8.56 Bn | 2.57 Bn |
| 5 | Uber Technologies | 139.79 Bn | 138.58 Bn | 5.95 Bn | 7.26 Bn |
| 6 | ServiceNow | 109.10 Bn | 104.44 Bn | 2.82 Bn | 1.17 Bn |
| 7 | Automatic Data Processing | 102.68 Bn | 99.45 Bn | 2.87 Bn | 3.07 Bn |
| 8 | Adobe | 95.80 Bn | 90.17 Bn | 5.90 Bn | 715.00 Mn |
| 9 | Snowflake | 93.75 Bn | 90.79 Bn | 926.45 Mn | 464.50 Mn |
| 10 | Nice | 5.69 Bn | 5.38 Bn | 494.80 Mn | 273.82 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 273.82 Mn |
| Mar 31, 2026 | 273.82 Mn |
| Sep 30, 2025 | 716.61 Mn |
| Sep 30, 2025 | 716.61 Mn |
| Jun 30, 2025 | 241.60 Mn |
| Jun 30, 2025 | 241.60 Mn |
| Mar 31, 2025 | 232.08 Mn |
| Mar 31, 2025 | 232.08 Mn |
| Sep 30, 2024 | 677.14 Mn |
| Sep 30, 2024 | 677.14 Mn |
| Jun 30, 2024 | 224.78 Mn |
| Jun 30, 2024 | 224.78 Mn |
| Mar 31, 2024 | 222.67 Mn |
| Mar 31, 2024 | 222.67 Mn |
| Sep 30, 2023 | 567.30 Mn |
| Sep 30, 2023 | 567.30 Mn |
| Jun 30, 2023 | 189.71 Mn |
| Jun 30, 2023 | 189.71 Mn |
| Mar 31, 2023 | 186.60 Mn |
| Mar 31, 2023 | 186.60 Mn |