NICE (NCSYF) Research & Development: $369 Mil (TTM As of Mar. 2026)


NCSYF NICE Ltd NCSYF
88 GF Score
Price $83.97
GF Value $256.08
Valuation Significantly Undervalued
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What is NICE Research & Development?

NICE NCSYF -2.92% 88 Research & Development is $369 Mil as of Mar. 2026. GuruFocus rates NCSYF with a GF Score™ of 88/100 and a GF Value™ of $256.08 (Significantly Undervalued).

Research & Development is the aggregate amount of research and development expenses during the year. NICE's Research & Development for the three months ended in Mar. 2026 was $97 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was $369 Mil.

NICE  (OTCPK:NCSYF) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

NICE Research & Development Related Terms

NICE Research & Development Historical Data

* Premium members only.

The historical data trend for NICE's Research & Development 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 Research & Development Chart

NICE Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 271.19 306.07 322.71 360.61 360.45

NICE Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Research & Development 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 89.10 89.76 90.46 91.12 97.48
NCSYF
88GF Score
NICE Ltd NCSYF
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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NICE Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $369 Mil.

* 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.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of $369 Mil mean?
NICE (NCSYF) has a Research & Development of $369 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on NICE and its competitors.
Is NICE's Research & Development too high?
NICE's current Research & Development is $369 Mil. 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 Research & Development compare to CRM and SHOP?
NICE's Research & Development of $369 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Research & Development for a Software company?
A good Research & Development depends on the Software industry context. However, Research & Development should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on NICE and its competitors. NICE's current Research & Development is $369 Mil. 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 Research & Development is $369 Mil. 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 Research & Development calculated?
Research & Development is calculated from a company's financial statements. For NICE (NCSYF), the current Research & Development is $369 Mil 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:

  • Research & Development: $369 Mil
  • GF Value™: $256.08 vs. price of $83.97 (67.2% below fair value)
  • GF Score™: 88/100

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

Research & Development is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$83.97
Price
$256.08
GF Value