NICE Ltd.
NICE, NCSYF · Services-Prepackaged Software · EDGAR filings ↗
Grade
B80CX/analytics software vendor with strong margins, returns, and free cash flow.
Strengths
- Strong margins and returns — operating margin 21.9% (90th), net margin 20.8% (88th), ROA 12.0% (91st)
- Strong FCF and earnings growth — FCF $697.6M (85th), net income +39.3%
- Cloud-transition momentum — per 10-K
Risks
- Modest revenue growth — +7.7% (42nd)
- Competitive CX/contact-center market — per 10-K
- AI-disruption considerations — per 10-K
Notable findings
- Strong balance sheetStrong balance sheet — $417M cash & investments
- Notable holderHeld by 6 notable fund(s): CITADEL ADVISORS LLC, GOLDMAN SACHS GROUP INC, FMR LLC +3 more (as of 2026-03-31)
- AccumulatingInstitutional holders rose 8→9 QoQ (2025-12-31→2026-03-31)
- New fund positionNotable fund(s) opened this quarter: RENAISSANCE TECHNOLOGIES LLC
Key metrics
Gross margin
66.4%
Operating margin
21.9%
Net margin
20.8%
Return on equity
15.8%
Return on assets
12.0%
Revenue growth (QoQ)
7.7%
Net-income growth
39.3%
Current ratio
1.6×
Free cash flow
$698M
EBITDA
$845M
Tangible book value
$848M
Cash & investments
$417M
Stock comp / revenue
5.0%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-06-15 | Dvir Yocheved | Option exercise | 554 | $0.31 |
| 2026-06-15 | Dvir Yocheved | Option exercise | 629 | $0.29 |
| 2026-06-15 | Dvir Yocheved | Option exercise | 696 | $0.29 |
| 2026-06-15 | Dvir Yocheved | Option exercise | 521 | $0.28 |
| 2026-06-15 | Dvir Yocheved | Option exercise | 636 | $0.27 |
| 2026-06-03 | Ben-Shaoul Rimon | Option exercise | 696 | $0.29 |
| 2026-06-03 | Ben-Shaoul Rimon | Option exercise | 554 | $0.31 |
| 2026-06-03 | Ben-Shaoul Rimon | Option exercise | 629 | $0.29 |
| 2026-06-03 | Ben-Shaoul Rimon | Option exercise | 521 | $0.28 |
| 2026-06-03 | Ben-Shaoul Rimon | Option exercise | 636 | $0.27 |
| 2026-06-03 | Falk Dan Michael | Option exercise | 696 | $0.29 |
| 2026-05-13 | Simon Zehava | Option exercise | 696 | $0.29 |
| 2026-04-01 | Russell Scott Edward | Tax withheld | 2.1K | $110.26 |
All non-derivative Form 4 activity (SEC), newest first.
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 20-F | 2026-02-26 | 2025-12-31 | 0001003935-26-000010 ↗ |
| 20-F | 2025-03-19 | 2024-12-31 | 0001003935-25-000004 ↗ |
| 20-F | 2024-03-27 | 2023-12-31 | 0001628280-24-013301 ↗ |
| 20-F | 2023-03-30 | 2022-12-31 | 0001003935-23-000005 ↗ |
| 20-F | 2022-04-05 | 2021-12-31 | 0001003935-22-000008 ↗ |
| 20-F | 2021-03-23 | 2020-12-31 | 0001003935-21-000006 ↗ |
| 20-F | 2020-04-06 | 2019-12-31 | 0001628280-20-004618 ↗ |
| 20-F | 2019-04-05 | 2018-12-31 | 0001178913-19-001056 ↗ |
| 20-F | 2018-03-30 | 2017-12-31 | 0001178913-18-001044 ↗ |
| 20-F | 2017-04-21 | 2016-12-31 | 0001178913-17-001193 ↗ |
| 20-F | 2016-03-23 | 2015-12-31 | 0001178913-16-004793 ↗ |
| 20-F | 2015-04-02 | 2014-12-31 | 0001178913-15-001185 ↗ |