Nice Gross Margin 2010-2024 | NICE
- Nice average gross margin for 2023 was 67.95%, a 0.48% decline from 2022.
- Nice average gross margin for 2022 was 68.28%, a 2.08% decline from 2021.
- Nice average gross margin for 2021 was 66.89%, a 0.95% increase from 2020.
Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.