NICE Ltd. (NICE)

NICE Ltd. Cash Flow Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	561.06	442.59	338.3	265.95	199.22	196.35
Depreciation & Amortization	185.75	205.02	167.36	176.55	184.09	182.03
Other Amortization	1.64	1.83	4.62	4.58	14.47	13.3
Loss (Gain) From Sale of Investments	-6.06	-9.86	14.75	8.32	11.87	-0.63
Stock-Based Compensation	164.67	182.07	176.66	182.7	153.03	101.67
Other Operating Activities	-13.7	-41.65	-82.21	-51.23	-27.09	-34.75
Change in Accounts Receivable	-73.68	-61.03	-34.29	-129.71	-85.78	22.25
Change in Accounts Payable	19.51	43.97	3.43	19.92	-0.39	4.09
Change in Unearned Revenue	-0.09	3.05	-45.95	6.42	30.77	63.2
Change in Other Net Operating Assets	-52.67	66.65	18.77	-3.79	-18.38	-67.19
Operating Cash Flow	786.42	832.64	561.43	479.72	461.82	480.31
Operating Cash Flow Growth	2.99%	48.31%	17.03%	3.88%	-3.85%	28.37%
Capital Expenditures	-23.07	-34.96	-29.21	-31.89	-24.77	-24.19
Cash Acquisitions	-883.36	-64.82	-415.19	-29.72	-142.8	-147.26
Sale (Purchase) of Intangibles	-71.39	-64.81	-54.97	-50	-42.44	-39.1
Investment in Securities	824.13	-232.82	205.78	-40.74	-51.48	-254.52
Investing Cash Flow	-153.69	-397.41	-293.58	-152.35	-261.5	-465.07
Long-Term Debt Issued	-	-	-	-	-	451.42
Long-Term Debt Repaid	-	-192.11	-2.63	-20.13	-177.31	-215.18
Net Debt Issued (Repaid)	-564.67	-192.11	-2.63	-20.13	-177.31	236.24
Issuance of Common Stock	1.75	3.06	2.57	0.95	4.43	8.87
Repurchase of Common Stock	-418.88	-369.2	-288.44	-144.94	-73.18	-48.27
Other Financing Activities	104.32	101.64	-1.77	-0.38	-15.75	-
Financing Cash Flow	-877.48	-456.6	-290.27	-164.5	-261.82	196.84
Foreign Exchange Rate Adjustments	-3.98	-6.91	2.64	-8.43	-2.11	1.87
Net Cash Flow	-248.73	-28.28	-19.78	154.44	-63.61	213.94
Free Cash Flow	763.34	797.68	532.23	447.82	437.05	456.12
Free Cash Flow Growth	4.55%	49.88%	18.85%	2.47%	-4.18%	31.50%
Free Cash Flow Margin	26.50%	29.16%	22.39%	20.53%	22.75%	27.68%
Free Cash Flow Per Share	11.95	12.18	8.03	6.74	6.53	6.92
Cash Interest Paid	0.24	0.24	1.22	2.97	0.69	7.83
Cash Income Tax Paid	120.34	120.34	210.45	123.59	97.26	83.25
Levered Free Cash Flow	586.56	762.02	456.37	585.88	140.81	427.15
Unlevered Free Cash Flow	585.97	761.36	455.33	584.86	136.58	427.02
Change in Working Capital	-106.93	52.64	-58.05	-107.16	-73.78	22.35

Updated Nov 13, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q