NICE Ltd. (NICE)

NICE Ltd. Income Statement

Financials in millions USD. Fiscal year is January - December.

Year	2023	2022	2021	2020	2019
Revenue	2,378	2,181	1,921	1,648	1,574
Revenue Growth (YoY)	9.00%	13.54%	16.57%	4.71%	8.96%
Cost of Revenue	768.17	683.69	624.46	561.95	531.77
Gross Profit	1,609	1,498	1,297	1,086	1,042
Selling, General & Admin	851.4	856.36	761.6	625.84	609.71
Research & Development	322.71	306.07	271.19	218.18	193.72
Operating Expenses	1,174	1,162	1,033	844.02	803.43
Operating Income	435.23	335.17	263.91	242.05	238.72
Interest Expense / Income	-22.47	-10.16	23.29	4.86	4.44
Pretax Income	457.7	345.33	240.62	237.19	234.27
Income Tax	119.4	79.39	41.4	40.84	48.37
Net Income	338.3	265.95	199.22	196.35	185.9
Net Income Growth	27.21%	33.49%	1.47%	5.62%	16.67%
Shares Outstanding (Basic)	64	64	63	63	62
Shares Outstanding (Diluted)	66	66	67	66	65
Shares Change	-0.30%	-0.64%	1.43%	2.00%	2.14%
EPS (Basic)	5.32	4.17	3.15	3.13	2.99
EPS (Diluted)	5.11	4.00	2.98	2.98	2.88
EPS Growth	27.75%	34.23%	0%	3.47%	14.29%
Free Cash Flow	477.25	397.83	394.61	417.02	312.19
Free Cash Flow Per Share	7.50	6.24	6.25	6.65	5.03
Gross Margin	67.69%	68.66%	67.50%	65.90%	66.21%
Operating Margin	18.31%	15.37%	13.74%	14.69%	15.17%
Profit Margin	14.23%	12.19%	10.37%	11.91%	11.81%
Free Cash Flow Margin	20.07%	18.24%	20.54%	25.30%	19.84%
Effective Tax Rate	26.09%	22.99%	17.20%	17.22%	20.65%
EBITDA	602.59	511.72	448	424.07	411.95
EBITDA Margin	25.35%	23.46%	23.32%	25.73%	26.17%
Depreciation & Amortization	167.36	176.55	184.09	182.03	173.23
EBIT	435.23	335.17	263.91	242.05	238.72
EBIT Margin	18.31%	15.37%	13.74%	14.69%	15.17%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).