Nice (NICE) Gross Margin (2009 - 2026)
Nice (NICE) posted Gross Margin of 64.21% for Q2 2026, little changed on a QoQ basis from 64.38% in Q1 2026, and down 260.0% year-over-year from 40.13% in Q2 2025.
Analysis
Nice (NICE) Gross Margin (2009 - 2026) Analysis & Trends
Nice has reported Gross Margin for 18 years, with the latest figure at 64.21% in Q2 2026.
- On a quarterly basis, Gross Margin fell 260.0% year-over-year to 64.21% in Q2 2026; TTM through Jun 2026 was 65.81%, a 74.0% decrease from a year earlier, with the FY2025 full-year figure at 66.41%, down 33.0% from the prior year.
- Gross Margin was 64.21% for Q2 2026 at Nice, roughly flat from 64.38% in the prior quarter.
- The five-year high for Gross Margin was 68.83% in Q3 2022, with the low at 64.21% in Q2 2026.
- Average Gross Margin over 5 years is 66.98%, with a median of 66.85% recorded in 2025.
- The sharpest annual moves came in 2022 and 2026: Gross Margin jumped 174 bps in 2022, then plunged 260 bps in 2026.
- Over 5 years, Gross Margin stood at 68.73% in 2022, then declined by 2 bps to 67.66% in 2023, then declined by 2 bps to 66.37% in 2024, then increased by 1 bps to 66.81% in 2025, then declined by 4 bps to 64.21% in 2026.
- The last three Gross Margin figures came in at 64.21% (Q2 2026), 64.38% (Q1 2026), and 66.81% (Q3 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Twilio | 35.77 Bn | 33.11 Bn | 725.87 Mn | 48.42% |
| 2 | Zoom Communications | 29.62 Bn | 22.37 Bn | 985.50 Mn | 77.16% |
| 3 | Nice | 6.38 Bn | 6.02 Bn | 995.81 Mn | 64.21% |
| 4 | RingCentral | 6.14 Bn | 6.03 Bn | 472.31 Mn | 71.89% |
| 5 | Five9 | 2.49 Bn | 1.83 Bn | 166.74 Mn | 53.37% |
| 6 | Bandwidth | 1.35 Bn | 1.17 Bn | 78.54 Mn | 35.72% |
| 7 | Consensus Cloud Solutions | 648.68 Mn | 549.78 Mn | 73.07 Mn | 79.98% |
| 8 | Ooma | 640.32 Mn | 622.79 Mn | 50.99 Mn | 61.26% |
| 9 | Agora | 498.86 Mn | 423.01 Mn | 25.74 Mn | 63.67% |
| 10 | 8X8 | 263.26 Mn | 168.30 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 64.21% |
| Mar 31, 2026 | 64.38% |
| Sep 30, 2025 | 66.81% |
| Jun 30, 2025 | 66.80% |
| 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% |