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

NICE Ltd. is the larger business by last-quarter revenue ($1.3B vs $1.0B, roughly 1.3× Transocean Ltd.). NICE Ltd. runs the higher net margin — 16.8% vs 2.4%, a 14.4% gap on every dollar of revenue. NICE Ltd. produced more free cash flow last quarter ($407.2M vs $321.0M).

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

Transocean Ltd. is an American drilling company. It is the world's largest offshore drilling contractor based on revenue and is based in Steinhausen, Switzerland. The company has offices in 20 countries, including Canada, the United States, Norway, United Kingdom, India, Brazil, Singapore, Indonesia, and Malaysia.

NICE vs RIG — Head-to-Head

Bigger by revenue
NICE
NICE
1.3× larger
NICE
$1.3B
$1.0B
RIG
Higher net margin
NICE
NICE
14.4% more per $
NICE
16.8%
2.4%
RIG
More free cash flow
NICE
NICE
$86.2M more FCF
NICE
$407.2M
$321.0M
RIG

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
NICE
NICE
RIG
RIG
Revenue
$1.3B
$1.0B
Net Profit
$222.2M
$25.0M
Gross Margin
66.2%
42.0%
Operating Margin
18.9%
23.0%
Net Margin
16.8%
2.4%
Revenue YoY
9.6%
Net Profit YoY
257.1%
EPS (diluted)
$0.13

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
RIG
RIG
Q4 25
$1.0B
Q3 25
$1.0B
Q2 25
$1.3B
$988.0M
Q1 25
$906.0M
Q4 24
$952.0M
Q3 24
$948.0M
Q2 24
$1.2B
$861.0M
Q1 24
$763.0M
Net Profit
NICE
NICE
RIG
RIG
Q4 25
$25.0M
Q3 25
$-1.9B
Q2 25
$222.2M
$-938.0M
Q1 25
$-79.0M
Q4 24
$7.0M
Q3 24
$-494.0M
Q2 24
$164.3M
$-123.0M
Q1 24
$98.0M
Gross Margin
NICE
NICE
RIG
RIG
Q4 25
42.0%
Q3 25
43.2%
Q2 25
66.2%
39.4%
Q1 25
31.8%
Q4 24
39.2%
Q3 24
40.6%
Q2 24
67.4%
38.0%
Q1 24
31.5%
Operating Margin
NICE
NICE
RIG
RIG
Q4 25
23.0%
Q3 25
-163.1%
Q2 25
18.9%
-97.6%
Q1 25
7.1%
Q4 24
13.7%
Q3 24
-51.2%
Q2 24
17.3%
-6.9%
Q1 24
-0.4%
Net Margin
NICE
NICE
RIG
RIG
Q4 25
2.4%
Q3 25
-187.1%
Q2 25
16.8%
-94.9%
Q1 25
-8.7%
Q4 24
0.7%
Q3 24
-52.1%
Q2 24
14.2%
-14.3%
Q1 24
12.8%
EPS (diluted)
NICE
NICE
RIG
RIG
Q4 25
$0.13
Q3 25
$-2.00
Q2 25
$-1.06
Q1 25
$-0.11
Q4 24
$-0.14
Q3 24
$-0.58
Q2 24
$-0.15
Q1 24
$0.11

Balance Sheet & Financial Strength

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

Metric
NICE
NICE
RIG
RIG
Cash + ST InvestmentsLiquidity on hand
$481.7M
$620.0M
Total DebtLower is stronger
$5.2B
Stockholders' EquityBook value
$3.6B
$8.1B
Total Assets
$5.3B
$15.6B
Debt / EquityLower = less leverage
0.64×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NICE
NICE
RIG
RIG
Q4 25
$620.0M
Q3 25
$833.0M
Q2 25
$481.7M
$377.0M
Q1 25
$263.0M
Q4 24
$560.0M
Q3 24
$435.0M
Q2 24
$511.8M
$475.0M
Q1 24
$446.0M
Total Debt
NICE
NICE
RIG
RIG
Q4 25
$5.2B
Q3 25
$4.8B
Q2 25
$5.9B
Q1 25
$5.9B
Q4 24
$6.2B
Q3 24
$6.5B
Q2 24
$6.8B
Q1 24
$6.8B
Stockholders' Equity
NICE
NICE
RIG
RIG
Q4 25
$8.1B
Q3 25
$8.1B
Q2 25
$3.6B
$9.4B
Q1 25
$10.2B
Q4 24
$10.3B
Q3 24
$10.2B
Q2 24
$3.4B
$10.7B
Q1 24
$10.5B
Total Assets
NICE
NICE
RIG
RIG
Q4 25
$15.6B
Q3 25
$16.2B
Q2 25
$5.3B
$17.8B
Q1 25
$19.0B
Q4 24
$19.4B
Q3 24
$19.5B
Q2 24
$5.1B
$20.3B
Q1 24
$19.9B
Debt / Equity
NICE
NICE
RIG
RIG
Q4 25
0.64×
Q3 25
0.60×
Q2 25
0.63×
Q1 25
0.58×
Q4 24
0.60×
Q3 24
0.64×
Q2 24
0.63×
Q1 24
0.65×

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
RIG
RIG
Operating Cash FlowLast quarter
$424.2M
$349.0M
Free Cash FlowOCF − Capex
$407.2M
$321.0M
FCF MarginFCF / Revenue
30.8%
30.8%
Capex IntensityCapex / Revenue
1.3%
2.7%
Cash ConversionOCF / Net Profit
1.91×
13.96×
TTM Free Cash FlowTrailing 4 quarters
$626.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NICE
NICE
RIG
RIG
Q4 25
$349.0M
Q3 25
$246.0M
Q2 25
$424.2M
$128.0M
Q1 25
$26.0M
Q4 24
$206.0M
Q3 24
$194.0M
Q2 24
$260.3M
$133.0M
Q1 24
$-86.0M
Free Cash Flow
NICE
NICE
RIG
RIG
Q4 25
$321.0M
Q3 25
$235.0M
Q2 25
$407.2M
$104.0M
Q1 25
$-34.0M
Q4 24
$177.0M
Q3 24
$136.0M
Q2 24
$242.7M
$49.0M
Q1 24
$-169.0M
FCF Margin
NICE
NICE
RIG
RIG
Q4 25
30.8%
Q3 25
22.9%
Q2 25
30.8%
10.5%
Q1 25
-3.8%
Q4 24
18.6%
Q3 24
14.3%
Q2 24
21.1%
5.7%
Q1 24
-22.1%
Capex Intensity
NICE
NICE
RIG
RIG
Q4 25
2.7%
Q3 25
1.1%
Q2 25
1.3%
2.4%
Q1 25
6.6%
Q4 24
3.0%
Q3 24
6.1%
Q2 24
1.5%
9.8%
Q1 24
10.9%
Cash Conversion
NICE
NICE
RIG
RIG
Q4 25
13.96×
Q3 25
Q2 25
1.91×
Q1 25
Q4 24
29.43×
Q3 24
Q2 24
1.58×
Q1 24
-0.88×

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%

RIG
RIG

Ultra Deepwater Floaters$433.0M42%
BR$236.0M23%
Other Geographical$211.0M20%
Harsh Environment Floaters$163.0M16%

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