NICE

NICE Q3 2025 Earnings

Reported Nov 13, 2025 at 7:51 AM ET · SEC Source

Q3 25 EPS

$3.18

BEAT +0.27%

Est. $3.17

Q3 25 Revenue

$732.0M

BEAT +0.42%

Est. $729.0M

vs S&P Since Q3 25

-38.9%

TRAILING MARKET

NICE -28.1% vs S&P +10.8%

Market Reaction

Did NICE Beat Earnings? Q3 2025 Results

NICE Ltd. Delivered a narrow but clean beat in its fiscal third quarter, posting non-GAAP diluted EPS of $3.18 against a consensus estimate of $3.17, a 0.27% beat, while revenue of $732.00 million edged past expectations by 0.42% and grew 6.1% year o… Read more NICE Ltd. Delivered a narrow but clean beat in its fiscal third quarter, posting non-GAAP diluted EPS of $3.18 against a consensus estimate of $3.17, a 0.27% beat, while revenue of $732.00 million edged past expectations by 0.42% and grew 6.1% year over year. The primary engine behind the quarter was cloud, where revenue climbed 13% to $562.94 million, powered by accelerating adoption of the company's CX AI and Self-Service platform; notably, AI capabilities were included in every new seven-figure CX deal during the period, underscoring deepening enterprise penetration. The completed acquisition of conversational AI specialist Cognigy added further strategic weight, with the company's CX AI annual recurring revenue growing 49% year over year. Operating cash flow rose 20% to $190.50 million, and NICE fully retired $460.00 million in debt during the quarter. Management raised full-year non-GAAP revenue guidance to a range of $2.93 billion to $2.95 billion and lifted EPS guidance to $12.18 to $12.32, though investors have grown cautious about near-term margin compression as the company absorbs heavy AI investment costs.

Key Takeaways

  • 13% year-over-year cloud revenue growth to $562.9 million
  • CX AI and Self-Service ARR growth accelerated to 49% YoY
  • AI-first strategy execution and go-to-market performance
  • Operating cash flow increased 20% year over year to $190.5 million
24/7 Wall St

NICE YoY Financials

Q3 2025 vs Q3 2024, source: SEC Filings

24/7 Wall St

NICE Revenue by Segment

With YoY comparisons, source: SEC Filings

Q1 25 Q1 26

“We're pleased to report a strong third quarter, stemming from the continued execution of our AI-first strategy and our outstanding go-to-market performance. Total revenue was $732 million, at the high end of our guidance, with cloud revenue increasing 13% year over year to $563 million. Our cloud revenue growth was fueled by the strong momentum of our CX AI and Self-Service business, whose ARR growth accelerated to 49% year over year, and 43% year over year excluding Cognigy. Our AI capabilities were included in every new seven-figure CX deal, underscoring the expansion of our AI-powered, enterprise-grade solutions.”

— Scott Russell, Q3 2025 Earnings Press Release