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
NICE YoY Financials
Q3 2025 vs Q3 2024, source: SEC Filings
NICE Revenue by Segment
With YoY comparisons, source: SEC Filings
“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
NICE Earnings Trends
NICE vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
NICE EPS Trend
Earnings per share: estimate vs actual
NICE Revenue Trend
Quarterly revenue: estimate vs actual
NICE Quarterly Results
5 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 26 BEAT | $2.52 | $2.64 | +4.79% | $768.6M | +1.01% |
| Q4 25 BEAT FY | $3.21 | $3.24 | +0.82% | $786.5M | +0.84% |
| FY Full Year | $12.26 | $12.30 | +0.30% | $2.95B | +0.23% |
| Q3 25 BEAT | $3.17 | $3.18 | +0.27% | $732.0M | +0.42% |
| Q2 25 BEAT | $2.99 | $3.01 | +0.73% | $726.7M | +1.89% |
| Q1 25 BEAT | $2.84 | $2.87 | +1.11% | $700.2M | +0.12% |