Nice (NICE) Gross Margin (2009 - 2026)
Nice's (NICE) quarterly Gross Margin came in at 64.38% in Q1 2026, down 248.0% year-on-year from 43.5% in Q1 2025, and down 3.64% quarter-over-quarter from 66.81% in Q3 2025.
Nice (NICE) 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.
- On a quarterly basis, Gross Margin fell 248.0% year-over-year to 64.38% in Q1 2026; TTM through Mar 2026 was 66.38%, a 2.0% decrease from a year earlier, with the FY2025 full-year figure at 66.41%, down 33.0% from the prior year.
- Gross Margin fell to 64.38% in Q1 2026 per NICE's latest filing, from 66.81% in the prior quarter.
- Across five years, Gross Margin topped out at 68.83% in Q3 2022 and bottomed at 64.38% in Q1 2026.
- The 5-year median for Gross Margin is 67.1% (2023), against an average of 67.18%.
- Across the five-year window, Gross Margin surged 174 bps in 2022 and plunged 248 bps in 2026, its largest moves.
- Year by year, Gross Margin 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.
- Per Business Quant, the three latest NICE Gross Margin figures stand at 64.38% (Q1 2026), 66.81% (Q3 2025), and 66.75% (Q2 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | 72.98% |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | - |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | 48.77% |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 45.03% |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 76.92% |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 70.68% |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | 48.28% |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | 66.61% |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 95.85% |
| 10 | Nice | 1.79 Mn | -308.45 Mn | 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% |