NICE Ltd (NICE) closed fiscal year 2025 with a gross margin of 66.4 % and a net margin of 20.8 %.
NICE Ltd (NICE) closed fiscal year 2025 with a gross margin of 66.4 % and a net margin of 20.8 %. The same year shows an EBITDA margin of 30.7 % and an EBIT margin of 23.9 %. The free cash flow margin was 21.1 %. Against the previous year the gross margin moved −0.3 pp and the net margin +4.6 pp. Across the period the gross margin ranges between 66.4 % in 2025 and 68.7 % in 2022. The series covers 4 fiscal years, from 2022 to 2025. Margins are expressed as a percentage of net revenue and are derived from the same figures as the income statement, taken from as-reported SEC EDGAR filings, with no restatements or adjustments of our own.
Fiscal year end: December
| 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|
| Gross margin (%) | 68.66 % | 67.69 % | 66.75 % | 66.41 % |
| EBITDA margin (%) | 24.10 % | 26.45 % | 29.61 % | 30.66 % |
| EBIT margin (%) | 16.00 % | 19.41 % | 22.12 % | 23.90 % |
| Net margin (%) | 12.19 % | 14.23 % | 16.18 % | 20.78 % |
| FCF margin (%) | 18.24 % | 20.07 % | 26.79 % | 21.14 % |