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Side-by-side financial comparison of NICE Ltd. (NICE) and Prologis (PLD). Click either name above to swap in a different company.

Prologis is the larger business by last-quarter revenue ($2.3B vs $1.3B, roughly 1.7× NICE Ltd.). Prologis runs the higher net margin — 62.1% vs 16.8%, a 45.4% gap on every dollar of revenue.

NiCE is an American technology company specializing in customer relations management software, artificial intelligence, and digital and workforce engagement management.

Prologis, Inc. is a real estate investment trust headquartered in San Francisco, California that invests in logistics facilities. The company was formed through the merger of AMB Property Corporation and Prologis in June 2011, which made Prologis the largest industrial real estate company in the world. As of 2025, the company operates more than 15,000 land acres and over 6,000 buildings comprising about 1.

NICE vs PLD — Head-to-Head

Bigger by revenue
PLD
PLD
1.7× larger
PLD
$2.3B
$1.3B
NICE
Higher net margin
PLD
PLD
45.4% more per $
PLD
62.1%
16.8%
NICE

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
NICE
NICE
PLD
PLD
Revenue
$1.3B
$2.3B
Net Profit
$222.2M
$1.4B
Gross Margin
66.2%
Operating Margin
18.9%
72.2%
Net Margin
16.8%
62.1%
Revenue YoY
2.4%
Net Profit YoY
9.5%
EPS (diluted)
$1.50

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
NICE
NICE
PLD
PLD
Q4 25
$2.3B
Q3 25
$2.2B
Q2 25
$1.3B
$2.2B
Q1 25
$2.1B
Q4 24
$2.2B
Q3 24
$2.0B
Q2 24
$1.2B
$2.0B
Q1 24
$2.0B
Net Profit
NICE
NICE
PLD
PLD
Q4 25
$1.4B
Q3 25
$764.3M
Q2 25
$222.2M
$571.2M
Q1 25
$593.0M
Q4 24
$1.3B
Q3 24
$1.0B
Q2 24
$164.3M
$861.3M
Q1 24
$585.7M
Gross Margin
NICE
NICE
PLD
PLD
Q4 25
Q3 25
Q2 25
66.2%
Q1 25
Q4 24
Q3 24
Q2 24
67.4%
Q1 24
Operating Margin
NICE
NICE
PLD
PLD
Q4 25
72.2%
Q3 25
42.5%
Q2 25
18.9%
41.8%
Q1 25
41.1%
Q4 24
64.6%
Q3 24
61.4%
Q2 24
17.3%
51.0%
Q1 24
36.8%
Net Margin
NICE
NICE
PLD
PLD
Q4 25
62.1%
Q3 25
34.5%
Q2 25
16.8%
26.2%
Q1 25
27.7%
Q4 24
58.1%
Q3 24
49.4%
Q2 24
14.2%
42.9%
Q1 24
29.9%
EPS (diluted)
NICE
NICE
PLD
PLD
Q4 25
$1.50
Q3 25
$0.82
Q2 25
$0.61
Q1 25
$0.63
Q4 24
$1.38
Q3 24
$1.08
Q2 24
$0.92
Q1 24
$0.63

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
NICE
NICE
PLD
PLD
Cash + ST InvestmentsLiquidity on hand
$481.7M
$1.1B
Total DebtLower is stronger
$35.0B
Stockholders' EquityBook value
$3.6B
$53.2B
Total Assets
$5.3B
$98.7B
Debt / EquityLower = less leverage
0.66×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NICE
NICE
PLD
PLD
Q4 25
$1.1B
Q3 25
$1.2B
Q2 25
$481.7M
$1.1B
Q1 25
$671.1M
Q4 24
$1.3B
Q3 24
$780.9M
Q2 24
$511.8M
$598.3M
Q1 24
$500.6M
Total Debt
NICE
NICE
PLD
PLD
Q4 25
$35.0B
Q3 25
$35.3B
Q2 25
$34.7B
Q1 25
$32.3B
Q4 24
$30.9B
Q3 24
$32.3B
Q2 24
$29.9B
Q1 24
$29.6B
Stockholders' Equity
NICE
NICE
PLD
PLD
Q4 25
$53.2B
Q3 25
$52.6B
Q2 25
$3.6B
$52.7B
Q1 25
$53.5B
Q4 24
$54.0B
Q3 24
$53.1B
Q2 24
$3.4B
$53.3B
Q1 24
$53.2B
Total Assets
NICE
NICE
PLD
PLD
Q4 25
$98.7B
Q3 25
$98.3B
Q2 25
$5.3B
$97.7B
Q1 25
$96.0B
Q4 24
$95.3B
Q3 24
$95.9B
Q2 24
$5.1B
$93.5B
Q1 24
$93.3B
Debt / Equity
NICE
NICE
PLD
PLD
Q4 25
0.66×
Q3 25
0.67×
Q2 25
0.66×
Q1 25
0.60×
Q4 24
0.57×
Q3 24
0.61×
Q2 24
0.56×
Q1 24
0.56×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
NICE
NICE
PLD
PLD
Operating Cash FlowLast quarter
$424.2M
$1.2B
Free Cash FlowOCF − Capex
$407.2M
FCF MarginFCF / Revenue
30.8%
Capex IntensityCapex / Revenue
1.3%
Cash ConversionOCF / Net Profit
1.91×
0.83×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NICE
NICE
PLD
PLD
Q4 25
$1.2B
Q3 25
$1.4B
Q2 25
$424.2M
$1.2B
Q1 25
$1.2B
Q4 24
$1.3B
Q3 24
$1.4B
Q2 24
$260.3M
$1.1B
Q1 24
$1.1B
Free Cash Flow
NICE
NICE
PLD
PLD
Q4 25
Q3 25
Q2 25
$407.2M
Q1 25
Q4 24
Q3 24
Q2 24
$242.7M
Q1 24
FCF Margin
NICE
NICE
PLD
PLD
Q4 25
Q3 25
Q2 25
30.8%
Q1 25
Q4 24
Q3 24
Q2 24
21.1%
Q1 24
Capex Intensity
NICE
NICE
PLD
PLD
Q4 25
Q3 25
Q2 25
1.3%
Q1 25
Q4 24
Q3 24
Q2 24
1.5%
Q1 24
Cash Conversion
NICE
NICE
PLD
PLD
Q4 25
0.83×
Q3 25
1.89×
Q2 25
1.91×
2.17×
Q1 25
1.96×
Q4 24
1.04×
Q3 24
1.43×
Q2 24
1.58×
1.26×
Q1 24
1.80×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

NICE
NICE

Cloud$950.1M72%
Services$296.5M22%
Product$77.1M6%

PLD
PLD

Real Estate Operations Segment$2.0B88%
Unconsolidated Co Investment Ventures$131.7M6%
Other$82.6M4%
Strategic Capital Segment$49.9M2%

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