NICE Ltd. (NICE)

NICE Ltd. Cash Flow Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	529.63	612.1	442.59	338.3	265.95	199.22
Depreciation & Amortization	217.45	199.04	205.02	167.36	176.55	184.09
Stock-Based Compensation	138.1	146.05	182.07	176.66	182.7	153.03
Other Adjustments	-59.9	7.8	-48.29	-64.67	-37.34	1.59
Change in Receivables	-110.61	-75.79	-61.03	-34.29	-129.71	-85.78
Changes in Accounts Payable	40.46	-15.12	43.97	3.43	19.92	-0.39
Changes in Accrued Expenses	-128.57	-175.15	41.95	-55.7	33.68	64.18
Changes in Unearned Revenue	-42.98	-22.83	3.05	-45.95	6.42	30.77
Changes in Other Operating Activities	27.16	40.45	23.32	76.3	-38.46	-84.9
Operating Cash Flow	610.72	716.55	832.64	561.43	479.72	461.82
Operating Cash Flow Growth	-29.25%	-13.94%	48.31%	17.03%	3.88%	-3.85%
Capital Expenditures	-24.63	-18.92	-34.96	-29.21	-31.89	-24.77
Purchases of Intangible Assets	-79.14	-74.83	-64.81	-54.97	-50	-42.44
Purchases of Investments	-59.57	-93.27	-938.15	-230.26	-396.3	-322.13
Proceeds from Sale of Investments	1,152	1,203	705.33	436.04	355.56	270.65
Payments for Business Acquisitions	-856.09	-856.09	-64.82	-415.19	-29.72	-142.8
Investing Cash Flow	132.48	159.96	-397.41	-293.58	-152.35	-261.5
Long-Term Debt Repaid	-460	-460	-192.11	-2.63	-20.13	-177.31
Net Long-Term Debt Issued (Repaid)	-460	-460	-192.11	-2.63	-20.13	-177.31
Issuance of Common Stock	0.49	1.11	3.06	2.57	0.95	4.43
Repurchase of Common Stock	-489.83	-488.91	-369.2	-288.44	-144.94	-73.18
Net Common Stock Issued (Repurchased)	-489.34	-487.8	-366.13	-285.87	-143.99	-68.75
Other Financing Activities	-2.47	-36.47	101.64	-1.77	-0.38	-15.75
Financing Cash Flow	-951.81	-984.27	-456.6	-290.27	-164.5	-261.82
Effect of Exchange Rate Changes on Cash and Cash Equivalents	0.72	4.73	-6.91	2.64	-8.43	-2.11
Net Cash Flow	-207.89	-103.03	-28.28	-19.78	154.44	-63.61
Free Cash Flow	586.1	697.63	797.68	532.23	447.82	437.05
Free Cash Flow Growth	-15.99%	-12.54%	49.88%	18.85%	2.47%	-4.18%
FCF Margin	19.45%	23.69%	29.16%	22.39%	20.53%	22.75%
Free Cash Flow Per Share	9.39	11.02	12.18	8.03	6.74	6.53
Levered Free Cash Flow	158.51	159.57	532.82	451.9	412.04	190.9
Unlevered Free Cash Flow	570.86	568.92	681.85	437.92	424.34	387.49

Updated May 6, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q