Quarterly ResultMay 6, 2026, 07:51 AM
NICE Q1 Revenue +9.8% to $768.6M; Raises Full-Year EPS Guidance
AI Summary
NICE Ltd. reported a solid start to 2026, with Q1 total revenue increasing 9.8% year over year to $768.6 million, driven by 14.6% cloud revenue growth and 66% AI ARR growth. The company repurchased $253 million in shares during the quarter. Despite a decrease in non-GAAP diluted EPS to $2.64 compared to the prior year, NICE raised its full-year 2026 non-GAAP EPS guidance to a range of $10.98 to $11.18, while reiterating its full-year revenue guidance.
Key Highlights
- Q1 2026 total revenue increased 9.8% year over year to $768.6 million.
- Cloud revenue grew 14.6% year over year to $603.4 million in Q1 2026.
- AI ARR increased 66% year over year in Q1 2026.
- Non-GAAP diluted EPS was $2.64 for Q1 2026.
- The company repurchased $253 million in shares during Q1 2026.
- Full-year 2026 non-GAAP diluted EPS guidance raised to $10.98 to $11.18.
- Full-year 2026 non-GAAP total revenue guidance reiterated at $3,170 million to $3,190 million.
- International markets revenue grew 30% in Q1 2026.