Companies /Technology

NICE Ltd

NASDAQ: NICE Software - Application
$105.93
▼ $2.38 (−2.20%) today
Markets open · 12:47pm ET

Q1 2025 Earnings

Reported May 15, 2025, 7:51am ET · SEC source
$2.87
Beat +1.11%
EPS · est. $2.84
$700.2M
Beat +0.12%
Revenue · est. $699.4M
+1.7%
Beating market
NICE vs S&P since report
6 quarters
Consecutive EPS beats

Market Reaction

% change · around the report
−8%−4%0May 15May 16report 7:51am ETearnings+1.3%−3.4%
−8%−4%0May 15May 16earnings+1.3%−3.4%
NICE −3.4%S&P 500 +1.3%
−8%−4%0+4%May 15May 16report 7:51am ETearnings+0.8%−3.4%
−8%−4%0+4%May 15May 16earnings+0.8%−3.4%
NICE −3.4%NASDAQ +0.8%
−8%−4%0May 14May 22report 7:51am ETearnings−0.2%−4.6%
−8%−4%0May 14May 22earnings−0.2%−4.6%
NICE −4.6%S&P 500 −0.2%
−8%−4%0May 14May 22report 7:51am ETearnings−0.2%−4.6%
−8%−4%0May 14May 22earnings−0.2%−4.6%
NICE −4.6%NASDAQ −0.2%
−4.93%
Day of report
+1.44%
Next session
+0.31%
One week
+2.89%
30 days

S&P 500 over the same 30 days: +1.20%.

Did NICE Beat Earnings? Q1 2025 Results

NICE Ltd opened 2025 on solid footing, posting a narrow but clean beat across both top and bottom lines as its cloud transition continued to gain momentum. The enterprise software company reported first-quarter non-GAAP diluted EPS of $2.87, edging past the $2.84 consensus estimate by 1.11%, while revenue of $700.19 million topped expectations by 0.12% and grew 6.2% year over year. The clearest driver behind the results was the acceleration in cloud, where revenue climbed 12% to $526.32 million and now accounts for roughly 75% of total sales, offsetting continued declines in legacy services and product segments. AI-powered offerings were a standout within that mix, with AI and self-service revenue surging 39% year over year on growing adoption of the CXone Mpower platform. A record quarterly operating cash flow of $285.07 million and a new $500.00 million buyback authorization underscored management's confidence, as did raised full-year EPS guidance of $12.28 to $12.48, representing 11% growth at the midpoint, with revenue guidance reiterated at $2.92 billion to $2.94 billion.

Key Takeaways
  • Cloud revenue growth of 12% year over year
  • AI and self-service revenue growth of 39% year over year
  • Operating margin expansion to 21.2% GAAP and 30.5% non-GAAP
  • Record quarterly operating cash flow of $285 million
  • Double-digit EPS growth

“We're pleased to report another strong quarter. Cloud revenue grew 12% in the first quarter compared to the same period last year, powering continued profitability, including a further expansion in operating margin and a double-digit increase in earnings per share. We also delivered record quarterly cash flow in Q1, with cash from operations rising to $285 million—a 12% year-over-year increase. Our industry-leading financial profile continues to differentiate us from competitors, giving us excellent financial flexibility to invest strategically to accelerate our long-term growth.”

NICE CEO, on the earnings call

Forward Guidance & Outlook

For Q2 2025, NICE expects non-GAAP total revenue of $709 million to $719 million (7% YoY growth at midpoint) and non-GAAP diluted EPS of $2.93 to $3.03 (13% YoY growth at midpoint). For full-year 2025, the company reiterated non-GAAP revenue guidance of $2,918 million to $2,938 million (7% YoY growth at midpoint) and raised non-GAAP diluted EPS guidance to $12.28 to $12.48 (11% YoY growth at midpoint).

NICE YoY Financials

Q1 2025 vs Q1 2024 · SEC filings Q1 2024 Q1 2025
$0$200.0M$400.0M$600.0M$659.3M$700.2MRevenue$436.6M$468.1MGross Profit$121.4M$148.2MOperating Income$106.4M$129.3MNet Income
$0$200.0M$400.0M$600.0MRevenueGross ProfitOperating IncomeNet Income

NICE Revenue by Segment

Cloud$526.3M+12.0%
Services$140.2M
Product$33.7M

Figures from SEC filings and company reports. Not investment advice.