Nice (NICE) Cost of Revenue (2009 - 2026)
Nice's Cost of Revenue came in at $852.64 million for Q3 2026, up 53.6% from the prior quarter.
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Analysis
Nice (NICE) Cost of Revenue (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Nice reported Cost of Revenue of $2.4 billion; for FY2025, it was $989.25 million, up 8.8% from FY2024.
- Cost of Revenue has increased in each of the last ten years, with a five-year compound annual growth rate of 12.0% (FY2020 to FY2025).
- Going back by year, Cost of Revenue was $909.52 million in FY2024 (+18.4%), $768.17 million in FY2023 (+12.4%), $683.69 million in FY2022 (+9.5%) and $624.46 million in FY2021 (+11.1%).
- The Q3 2026 figure represents the highest quarterly Cost of Revenue in data going back to Q1 2009.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Adobe | 94.52 Bn | 69.77 Bn | 6.00 Bn | 763.00 Mn |
| 2 | Autodesk | 54.99 Bn | 43.02 Bn | 1.87 Bn | 176.00 Mn |
| 3 | Atlassian | 39.98 Bn | 33.26 Bn | 1.53 Bn | 238.45 Mn |
| 4 | Twilio | 30.87 Bn | 20.51 Bn | 760.53 Mn | 799.01 Mn |
| 5 | Zoom Communications | 26.33 Bn | -4.40 Bn | 985.50 Mn | 291.72 Mn |
| 6 | Figma | 10.00 Bn | 3.32 Bn | 314.44 Mn | 76.98 Mn |
| 7 | Dropbox | 7.80 Bn | 3.43 Bn | 506.50 Mn | 125.00 Mn |
| 8 | Open Text | 6.19 Bn | 1.62 Bn | 1.01 Bn | 337.55 Mn |
| 9 | RingCentral | 6.04 Bn | 5.57 Bn | 494.30 Mn | 181.74 Mn |
| 10 | Nice | 5.99 Bn | 4.56 Bn | 1.49 Bn | 852.64 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 852.64 Mn |
| Jun 30, 2026 | 555.10 Mn |
| Mar 31, 2026 | 273.82 Mn |
| Sep 30, 2025 | 716.61 Mn |
| Jun 30, 2025 | 473.68 Mn |
| Mar 31, 2025 | 232.08 Mn |
| Sep 30, 2024 | 677.14 Mn |
| Jun 30, 2024 | 224.78 Mn |
| Mar 31, 2024 | 222.67 Mn |
| Sep 30, 2023 | 567.30 Mn |
| Jun 30, 2023 | 189.71 Mn |
| Mar 31, 2023 | 186.60 Mn |
| Dec 31, 2022 | -317.95 Mn |
| Sep 30, 2022 | 502.71 Mn |
| Jun 30, 2022 | 331.93 Mn |
| Mar 31, 2022 | 167.00 Mn |
| Dec 31, 2021 | -280.99 Mn |
| Sep 30, 2021 | 459.21 Mn |
| Jun 30, 2021 | 298.37 Mn |
| Mar 31, 2021 | 147.86 Mn |
API Access
Nice Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=NICE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "NICE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=NICE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();