Want to see IL:NICE full AI Analyst Report?
EarningsQ2 2026 Earnings Report
IL:NICE Q2 2026 EPS Results
Actual EPS810.90
Consensus EPS786.90
Beat/MissBeat by +24.00
One Year Ago EPS1017.90
IL:NICE Q2 2026 Revenue Results
Actual Revenue231.52B
Expected Revenue228.62B
Beat/MissBeat by +2.91B
YoY Revenue Growth-11.02%
Earnings Announcement Details
QuarterQ2 2026
Date08/05/2026
TimeBefore Open
Conference CallWednesday, August 5, 2026
IL:NICE Upcoming Earnings
Nice's next earnings date is estimated for November 12, 2026, based on past reporting schedules.
Q2 2026 Earnings Call Audio
No earnings call audio is available for this earnings event.
Q2 2026 Earnings Slide Deck
No slide deck is available for this earnings event.
Q2 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
The call emphasized multiple strong operational and commercial positives: revenue and EPS beat, double-digit cloud growth, rapid AI ARR expansion (52% YoY), record bookings and backlog expansion, major enterprise deals (including HMRC), strong international momentum, improving cloud margins, solid cash generation, active buybacks, and meaningful product/platform innovations (Cognigy native to CXone, NICE Labs). The primary negatives were timing and mix dynamics: services decline, temporary lag converting bookings into revenue as large customers stage AI deployments, targeted renewal structuring that can compress near-term metrics, and some sequential variability in AI ARR additions. Management reiterated full-year revenue guidance and raised EPS guidance, expressing confidence in medium-term targets. Overall, the positives are materially stronger than the operational caveats and timing issues.Company Guidance
Revenue Beat and EPS at High End
Total revenue $782M, up 8% year-over-year, above the high end of guidance; non-GAAP EPS $2.70 delivered at the high end of the range.
Strong Cloud Growth
Cloud revenue $609M (78% of total), grew 12.6% year-over-year; company expects full-year cloud growth of 13%–15% and Q3 cloud growth similar to Q2.
Rapid AI ARR Expansion
CX AI and Self-Service ARR reached $362M, up 52% year-over-year; AI now represents 15% of cloud revenue, and Agentic AI solutions showed further growth.
Record Bookings and Backlog Expansion
Record Q2 for new cloud ACV bookings and record quarter for AI bookings; cloud backlog up 19% year-over-year and AI backlog up 72% year-over-year (HMRC excluded).
Major Enterprise Wins
Signed largest-ever CXone and Cognigy deal (HMRC, 8-digit ACV / 9-digit TCV referenced) and another 8-digit ACV win with a large U.S. health care organization; many enterprise wins noted across utilities and insurance.
International Momentum
International revenue increased 22% year-over-year; EMEA +30% YoY (28% constant currency), APAC +8% YoY (5% constant currency); international cloud revenue +34% YoY (constant currency).
Improving Cloud Margins and Profitability
Overall gross margin 68.4%; cloud gross margin improved 40 basis points year-over-year to 69%; operating income $198M and operating margin 25.3%.
Strong Cash Flow and Capital Return
Operating cash flow $123M, free cash flow $93M for the quarter; ended quarter with $355M cash & short-term investments; repurchased $58M in shares in Q2 and $311M YTD.
Product & Platform Innovation
Cognigy made fully native to CXone ahead of schedule; launched NICE Labs, agentic analytics and agentic engagement plan; platform remains model-agnostic (open LLM support) enabling faster AI activation.
Guidance Reiterated and EPS Raised
Reiterated full-year revenue guidance of $3.170B–$3.190B (≈+8% at midpoint) and raised full-year diluted EPS to $11.06–$11.26; Q3 revenue guided $780M–$790M and EPS $2.73–$2.83.
IL:NICE Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed