NICE (NCSYF) Gross Margin %: 64.38% (As of Mar. 2026) — Near Median


NCSYF NICE Ltd NCSYF
88 GF Score
Price $83.97
GF Value $256.08
Valuation Significantly Undervalued
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What is NICE Gross Margin %?

NICE NCSYF -2.92% 88 Gross Margin % is 64.38% as of Mar. 2026, which is 3% below its 10-year median of 66.58. GuruFocus rates NCSYF with a GF Score™ of 88/100 and a GF Value™ of $256.08 (Significantly Undervalued). Among 2,681 Software companies, NICE ranks better than 75.79% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. NICE's Gross Profit for the three months ended in Mar. 2026 was $495 Mil. NICE's Revenue for the three months ended in Mar. 2026 was $769 Mil. Therefore, NICE's Gross Margin % for the quarter that ended in Mar. 2026 was 64.38%.


The historical rank and industry rank for NICE's Gross Margin % or its related term are showing as below:

NCSYF' s Gross Margin % Range Over the Past 10 Years
Min: 64.82   Med: 66.58   Max: 68.66
Current: 65.79


During the past 13 years, the highest Gross Margin % of NICE was 68.66%. The lowest was 64.82%. And the median was 66.58%.

NCSYF's Gross Margin % is ranked better than
75.79% of 2681 companies
in the Software industry
Industry Median: 40.45 vs NCSYF: 65.79

NICE had a gross margin of 64.38% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for NICE was 0.00% per year.


NICE  (OTCPK:NCSYF) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

NICE had a gross margin of 64.38% for the quarter that ended in Mar. 2026 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


NICE Gross Margin % Related Terms


NICE Gross Margin % Historical Data

* Premium members only.

The historical data trend for NICE's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

NICE Gross Margin % Chart

NICE Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 67.50 68.66 67.69 66.75 66.41

NICE Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 66.85 66.75 66.81 65.33 64.38

NCSYF vs UBER, SHOP, CRM: Gross Margin % Comparison

For the Software - Application subindustry, NICE's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


NICE Gross Margin % vs Software Industry

For the Software industry and Technology sector, NICE's Gross Margin % distribution charts can be found below:

* The bar in red indicates where NICE's Gross Margin % falls into.


NCSYF
88GF Score
NICE Ltd NCSYF
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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NICE Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

NICE's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=1956.1 / 2945.399
=(Revenue - Cost of Goods Sold) / Revenue
=(2945.399 - 989.254) / 2945.399
=66.41 %

NICE's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=494.8 / 768.617
=(Revenue - Cost of Goods Sold) / Revenue
=(768.617 - 273.818) / 768.617
=64.38 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 64.38% mean?
NICE (NCSYF) has a Gross Margin % of 64.38% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on NICE and its competitors. This is near median its historical median of 66.58. Over the past decade, NICE's Gross Margin % has ranged from 64.82 to 68.66. According to the industry distribution chart, NICE ranks #649 out of 2681 companies in the Software industry, placing it in the top 24.2%.
Is NICE's Gross Margin % too high?
NICE's current Gross Margin % of 64.38% is near median its 10-year median of 66.58. Over the past 10 years, this metric has ranged from a low of 64.82 to a high of 68.66. The Software industry median Gross Margin % is 40.45. NICE's value of 64.38% is 59.2% above this industry median. Based on the distribution chart, NICE ranks #649 out of 2681 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, NICE has a GF Score™ of 88/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does NICE's Gross Margin % compare to UBER and SHOP?
According to the Software industry distribution chart, NICE ranks #649 out of 2681 companies for Gross Margin %. This places NICE in the top 24% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 40.45. NICE's value of 64.38% is 59.2% above this benchmark. Historically, NICE's own Gross Margin % has ranged from 64.82 to 68.66 over the past decade. While the company's 10-year median is 66.58 vs. the industry median of 40.45, NICE has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Software company?
The median Gross Margin % among Software companies is 40.45, based on 2,681 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. NICE's current Gross Margin % of 64.38% is 59.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on NICE and its competitors. For the Software industry, the median Gross Margin % is 40.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NICE's current Gross Margin % is 64.38%, which is near median its own 10-year median of 66.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NICE stock overvalued right now?
Based on GuruFocus' analysis, NICE (NCSYF) is currently considered Significantly Undervalued. The stock's GF Value™ is $256.08, compared to a current price of $83.97 — trading 67.2% below its estimated fair value. The current Gross Margin % is 64.38%, which is near median its 10-year median of 66.58 and 59.2% above the Software industry median of 40.45. NICE's overall GF Score™ is 88/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For NICE (NCSYF), the current Gross Margin % is 64.38% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is NICE (NCSYF) Overvalued in 2026?

Based on GuruFocus' analysis, NICE stock appears to be undervalued. The current stock price of $83.97 is trading 67.2% below its estimated GF Value™ of $256.08. GuruFocus considers NICE to be Significantly Undervalued.

Key valuation signals for NCSYF:

  • Gross Margin %: 64.38% (near median its 10-year median of 66.58)
  • GF Value™: $256.08 vs. price of $83.97 (67.2% below fair value)
  • GF Score™: 88/100
  • Industry Position: 59.2% above the Software median (#649 of 2681)

No single metric tells the full story. See the NCSYF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


NICE Business Description

Address 13 Zarchin Street, P.O. Box 690, NICE 1, 2, 3, Ra\'anana, ISR, 4310602
Nice is an enterprise software company that serves the customer engagement and financial crime and compliance markets. Software is deployed primarily on the cloud, but also on premises. Within customer engagement, Nice's CXone is the leading CCaaS platform providing solutions such as call routing, interactive voice response, digital self-service, and workforce engagement management. Within financial crime and compliance, Nice offers risk and investigation management, fraud prevention, anti-money-laundering, and compliance solutions.
88GF Score

Get the complete analysis for NCSYF

Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$83.97
Price
$256.08
GF Value