What is NIQ Global Intelligence's operating income?

NIQ Global Intelligence's total operating income in 2025 was $85.40 million, based on the following breakdown: Total Gross Profit: $2.34 billion Total Operating Expenses: $2.25 billion

NIQ Global Intelligence (NIQ) Financials

$11.64 +0.39 (+3.47%)

As of 11:03 AM Eastern

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Annual Income Statements for NIQ Global Intelligence

This table shows NIQ Global Intelligence's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2023	2024	2025
Period end date	12/31/2023	12/31/2024	12/31/2025
Net Income / (Loss) Attributable to Common Shareholders	-577	-798	-353
Consolidated Net Income / (Loss)	-574	-792	-345
Net Income / (Loss) Continuing Operations	-565	-804	-345
Total Pre-Tax Income	-513	-691	-210
Total Operating Income	-109	-100	85
Total Gross Profit	1,830	2,201	2,336
Total Revenue	3,341	3,973	4,198
Operating Revenue	3,341	3,973	4,198
Total Cost of Revenue	1,512	1,772	1,862
Operating Cost of Revenue	1,512	1,772	1,862
Total Operating Expenses	1,939	2,301	2,251
Selling, General & Admin Expense	1,449	1,601	1,598
Depreciation Expense	461	597	633
Other Operating Expenses / (Income)	-15	-27	-24
Impairment Charge	9.00	31	1.10
Restructuring Charge	35	99	44
Total Other Income / (Expense), net	-404	-591	-295
Interest Expense	109	146	56
Interest & Investment Income	-300	-411	-318
Other Income / (Expense), net	4.60	-34	78
Income Tax Expense	52	114	136
Net Income / (Loss) Discontinued Operations	-9.00	13	0.00
Net Income / (Loss) Attributable to Noncontrolling Interest	3.80	6.30	8.00
Basic Earnings per Share	($2.35)	($3.26)	($1.32)
Weighted Average Basic Shares Outstanding	245M	245M	266.92M
Diluted Earnings per Share	($2.35)	($3.26)	($1.32)
Weighted Average Diluted Shares Outstanding	245M	245M	266.92M
Weighted Average Basic & Diluted Shares Outstanding	-	-	295.11M

This table shows NIQ Global Intelligence's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q2 2024	Q3 2024	Q1 2025	Q2 2025	Q3 2025	Q1 2026
Period end date	6/30/2024	9/30/2024	3/31/2025	6/30/2025	9/30/2025	3/31/2026
Net Income / (Loss) Attributable to Common Shareholders	-189	-215	-120	-14	-199	-90
Consolidated Net Income / (Loss)	-189	-214	-118	-12	-197	-89
Net Income / (Loss) Continuing Operations	-188	-217	-118	-12	-197	-89
Total Pre-Tax Income	-159	-197	-95	12	-163	-63
Total Operating Income	-27	-16	16	40	-35	-10
Total Gross Profit	552	543	535	592	586	598
Total Revenue	986	982	966	1,041	1,053	1,073
Operating Revenue	986	982	966	1,041	1,053	1,073
Total Cost of Revenue	434	439	431	449	467	475
Operating Cost of Revenue	434	439	431	449	467	475
Total Operating Expenses	579	559	519	552	620	608
Selling, General & Admin Expense	405	396	372	403	455	396
Depreciation Expense	143	154	149	154	167	154
Other Operating Expenses / (Income)	-6.80	-6.60	-6.10	-5.50	-5.30	-6.80
Impairment Charge	27	1.10	0.70	0.40	0.00	0.00
Restructuring Charge	11	14	4.60	0.40	3.90	65
Total Other Income / (Expense), net	-131	-182	-110	-28	-128	-53
Interest Expense	-	91	59	-	31	0.00
Interest & Investment Income	-107	-101	-84	-95	-78	-59
Other Income / (Expense), net	-24	11	32	67	-19	5.60
Income Tax Expense	30	20	23	24	34	26
Net Income / (Loss) Attributable to Noncontrolling Interest	0.70	0.90	1.90	1.90	1.70	1.40
Basic Earnings per Share	($1,890,000.00)	($0.88)	($0.49)	($140,000.00)	($0.70)	($0.31)
Weighted Average Basic Shares Outstanding	100.00	245M	245M	100.00	281.96M	295.04M
Diluted Earnings per Share	($1,890,000.00)	($0.88)	($0.49)	($140,000.00)	($0.70)	($0.31)
Weighted Average Diluted Shares Outstanding	100.00	245M	245M	100.00	281.96M	295.04M
Weighted Average Basic & Diluted Shares Outstanding	-	-	-	295M	295M	295.14M

This table details how cash moves in and out of NIQ Global Intelligence's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2023	2024	2025
Period end date	12/31/2023	12/31/2024	12/31/2025
Net Change in Cash & Equivalents	155	-15	253
Net Cash From Operating Activities	-12	74	299
Net Cash From Continuing Operating Activities	-12	74	299
Net Income / (Loss) Continuing Operations	-574	-792	-345
Consolidated Net Income / (Loss)	-574	-792	-345
Depreciation Expense	461	597	633
Amortization Expense	42	66	48
Non-Cash Adjustments To Reconcile Net Income	125	203	57
Changes in Operating Assets and Liabilities, net	-66	-0.30	-93
Net Cash From Investing Activities	-1,704	9.60	-236
Net Cash From Continuing Investing Activities	-1,704	9.60	-236
Purchase of Property, Plant & Equipment	-24	-35	-35
Acquisitions	-1,676	-243	-267
Divestitures	0.00	316	68
Other Investing Activities, net	-3.40	-28	-1.80
Net Cash From Financing Activities	1,904	-65	177
Net Cash From Continuing Financing Activities	1,904	-65	177
Repayment of Debt	-890	-1,168	-1,805
Repurchase of Common Equity	0.00	0.00	-22
Payment of Dividends	-11	-15	-9.70
Issuance of Debt	2,822	1,138	1,035
Issuance of Common Equity	0.00	0.00	1,005
Other Financing Activities, net	-17	-21	-26
Effect of Exchange Rate Changes	-33	-33	12
Cash Interest Paid	279	411	299
Cash Income Taxes Paid	109	118	132

This table details how cash moves in and out of NIQ Global Intelligence's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2024	Q4 2024	Q1 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2024	12/31/2024	3/31/2025	9/30/2025	12/31/2025	3/31/2026
Net Change in Cash & Equivalents	49	-59	24	184	73	-157
Net Cash From Operating Activities	128	68	-154	272	189	-64
Net Cash From Continuing Operating Activities	128	68	-154	272	189	-64
Net Income / (Loss) Continuing Operations	-261	-169	-118	-232	-30	-89
Consolidated Net Income / (Loss)	-261	-169	-118	-232	-30	-89
Depreciation Expense	154	149	149	167	163	154
Amortization Expense	16	15	15	12	7.10	7.00
Non-Cash Adjustments To Reconcile Net Income	116	41	20	135	12	21
Changes in Operating Assets and Liabilities, net	103	32	-220	190	36	-157
Net Cash From Investing Activities	-81	-91	-3.70	-69	-100	-59
Net Cash From Continuing Investing Activities	-81	-91	-3.70	-69	-100	-59
Purchase of Property, Plant & Equipment	-12	-14	-3.10	-7.40	-16	-3.20
Acquisitions	-59	-78	-60	-68	-83	-56
Divestitures	3.00	-	62	-	-	0.00
Other Investing Activities, net	-12	1.80	-2.80	5.80	-1.80	0.40
Net Cash From Financing Activities	-4.20	-8.90	170	-5.00	-22	-31
Net Cash From Continuing Financing Activities	-4.20	-8.90	170	-5.00	-22	-31
Repayment of Debt	-223	-135	-216	-1,135	-78	-104
Payment of Dividends	-	-4.30	-3.00	-0.10	-6.20	0.00
Issuance of Debt	226	134	393	143	81	81
Other Financing Activities, net	-7.50	-3.20	-4.10	-13	-5.70	-7.60
Effect of Exchange Rate Changes	5.70	-28	12	-14	5.60	-2.60
Cash Interest Paid	103	95	83	72	59	58
Cash Income Taxes Paid	27	33	38	38	33	24

This table presents NIQ Global Intelligence's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2024	2025
Period end date	12/31/2024	12/31/2025
Total Assets	6,373	6,802
Total Current Assets	1,194	1,450
Cash & Equivalents	266	519
Accounts Receivable	728	800
Prepaid Expenses	137	131
Plant, Property, & Equipment, net	208	208
Total Noncurrent Assets	4,971	5,144
Goodwill	2,210	2,432
Intangible Assets	2,288	2,191
Noncurrent Deferred & Refundable Income Taxes	22	28
Other Noncurrent Operating Assets	451	493
Total Liabilities & Shareholders' Equity	6,373	6,802
Total Liabilities	6,074	5,576
Total Current Liabilities	1,366	1,403
Short-Term Debt	121	108
Accounts Payable	217	224
Accrued Expenses	605	632
Current Deferred Revenue	273	262
Other Current Liabilities	132	178
Total Noncurrent Liabilities	4,709	4,173
Long-Term Debt	3,960	3,503
Noncurrent Deferred & Payable Income Tax Liabilities	109	123
Other Noncurrent Operating Liabilities	640	547
Commitments & Contingencies	0.00	0.00
Total Equity & Noncontrolling Interests	299	1,226
Total Preferred & Common Equity	60	988
Preferred Stock	0.00	0.00
Total Common Equity	60	988
Common Stock	1,946	3,222
Retained Earnings	-1,849	-2,202
Accumulated Other Comprehensive Income / (Loss)	-38	-32
Noncontrolling Interest	239	237

This table presents NIQ Global Intelligence's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q2 2025	Q3 2025	Q1 2026
Period end date	6/30/2025	9/30/2025	3/31/2026
Total Assets	6,832	6,829	6,749
Total Current Assets	1,377	1,414	1,533
Cash & Equivalents	260	446	362
Accounts Receivable	883	808	926
Prepaid Expenses	234	159	245
Plant, Property, & Equipment, net	204	229	190
Total Noncurrent Assets	5,251	5,186	5,027
Goodwill	2,401	2,431	2,412
Intangible Assets	2,341	2,253	2,098
Noncurrent Deferred & Refundable Income Taxes	22	22	34
Other Noncurrent Operating Assets	487	480	483
Total Liabilities & Shareholders' Equity	6,832	6,829	6,749
Total Liabilities	6,424	5,605	5,595
Total Current Liabilities	1,403	1,423	1,433
Short-Term Debt	108	108	90
Accounts Payable	201	195	225
Accrued Expenses	571	603	615
Current Deferred Revenue	330	324	331
Other Current Liabilities	192	193	172
Total Noncurrent Liabilities	5,022	4,181	4,162
Long-Term Debt	4,419	3,502	3,474
Noncurrent Deferred & Payable Income Tax Liabilities	110	122	130
Other Noncurrent Operating Liabilities	492	558	559
Commitments & Contingencies	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	408	1,224	1,155
Total Preferred & Common Equity	169	983	916
Preferred Stock	-	0.00	0.00
Total Common Equity	169	983	916
Common Stock	1,974	3,196	3,233
Retained Earnings	-1,773	-2,170	-2,292
Accumulated Other Comprehensive Income / (Loss)	-32	-43	-25
Noncontrolling Interest	239	241	239

This table displays calculated financial ratios and metrics derived from NIQ Global Intelligence's official financial filings.

Metric	2023	2024	2025
Period end date	12/31/2023	12/31/2024	12/31/2025
Growth Metrics	-	-	-
Revenue Growth	0.00%	18.89%	5.68%
EBITDA Growth	0.00%	32.49%	59.75%
EBIT Growth	0.00%	-28.72%	222.09%
NOPAT Growth	0.00%	8.19%	185.57%
Net Income Growth	0.00%	-38.02%	56.39%
EPS Growth	0.00%	-38.72%	59.51%
Operating Cash Flow Growth	0.00%	726.27%	304.19%
Free Cash Flow Firm Growth	0.00%	0.00%	95.42%
Invested Capital Growth	0.00%	0.00%	6.13%
Revenue Q/Q Growth	0.00%	0.00%	0.00%
EBITDA Q/Q Growth	0.00%	0.00%	0.00%
EBIT Q/Q Growth	0.00%	0.00%	0.00%
NOPAT Q/Q Growth	0.00%	0.00%	0.00%
Net Income Q/Q Growth	0.00%	0.00%	0.00%
EPS Q/Q Growth	0.00%	0.00%	0.00%
Operating Cash Flow Q/Q Growth	0.00%	0.00%	0.00%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%
Invested Capital Q/Q Growth	0.00%	0.00%	0.00%
Profitability Metrics	-	-	-
Gross Margin	54.76%	55.40%	55.65%
EBITDA Margin	11.94%	13.30%	20.11%
Operating Margin	-3.25%	-2.51%	2.03%
EBIT Margin	-3.12%	-3.37%	3.90%
Profit (Net Income) Margin	-17.17%	-19.93%	-8.22%
Tax Burden Percent	111.86%	114.66%	164.59%
Interest Burden Percent	492.60%	515.30%	-128.24%
Effective Tax Rate	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	0.00%	-3.43%	1.43%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	-41.74%	-10.38%
Return on Net Nonoperating Assets (RNNOA)	0.00%	-526.84%	-46.74%
Return on Equity (ROE)	0.00%	-530.27%	-45.31%
Cash Return on Invested Capital (CROIC)	0.00%	-203.43%	-4.52%
Operating Return on Assets (OROA)	0.00%	-2.10%	2.48%
Return on Assets (ROA)	0.00%	-12.42%	-5.24%
Return on Common Equity (ROCE)	0.00%	-106.02%	-31.16%
Return on Equity Simple (ROE_SIMPLE)	0.00%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	-76	-70	60
NOPAT Margin	-2.28%	-1.76%	1.42%
Net Nonoperating Expense Percent (NNEP)	0.00%	38.30%	11.81%
Return On Investment Capital (ROIC_SIMPLE)	-	-1.60%	1.24%
Cost of Revenue to Revenue	45.24%	44.60%	44.35%
SG&A Expenses to Revenue	43.38%	40.31%	38.06%
R&D to Revenue	0.00%	0.00%	0.00%
Operating Expenses to Revenue	58.02%	57.92%	53.61%
Earnings before Interest and Taxes (EBIT)	-104	-134	164
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	399	529	844
Valuation Ratios	-	-	-
Price to Book Value (P/BV)	0.00	17.59	4.45
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00
Price to Revenue (P/Rev)	0.31	0.26	1.05
Price to Earnings (P/E)	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	0.00	1.25	1.79
Enterprise Value to Revenue (EV/Rev)	0.00	1.28	1.84
Enterprise Value to EBITDA (EV/EBITDA)	0.00	9.66	9.16
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	47.25
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	129.31
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	69.06	25.88
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00
Leverage & Solvency	-	-	-
Debt to Equity	0.00	13.67	2.95
Long-Term Debt to Equity	0.00	13.26	2.86
Financial Leverage	0.00	12.62	4.50
Leverage Ratio	0.00	21.34	8.64
Compound Leverage Factor	0.00	109.98	-11.08
Debt to Total Capital	0.00%	93.18%	74.66%
Short-Term Debt to Total Capital	0.00%	2.76%	2.22%
Long-Term Debt to Total Capital	0.00%	90.42%	72.43%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	5.46%	4.91%
Common Equity to Total Capital	0.00%	1.36%	20.44%
Debt to EBITDA	0.00	7.72	4.28
Net Debt to EBITDA	0.00	7.22	3.66
Long-Term Debt to EBITDA	0.00	7.49	4.15
Debt to NOPAT	0.00	-58.41	60.39
Net Debt to NOPAT	0.00	-54.60	51.71
Long-Term Debt to NOPAT	0.00	-56.68	58.59
Altman Z-Score	0.00	0.22	0.73
Noncontrolling Interest Sharing Ratio	0.00%	80.01%	31.24%
Liquidity Ratios	-	-	-
Current Ratio	0.00	0.87	1.03
Quick Ratio	0.00	0.73	0.94
Cash Flow Metrics	-	-	-
Free Cash Flow to Firm (FCFF)	0.00	-4,138	-189
Operating Cash Flow to CapEx	-48.76%	208.76%	860.81%
Free Cash Flow to Firm to Interest Expense	0.00	-28.36	-3.39
Operating Cash Flow to Interest Expense	-0.11	0.51	5.35
Operating Cash Flow Less CapEx to Interest Expense	-0.33	0.26	4.73
Efficiency Ratios	-	-	-
Asset Turnover	0.00	0.62	0.64
Accounts Receivable Turnover	0.00	5.46	5.49
Inventory Turnover	0.00	0.00	0.00
Fixed Asset Turnover	0.00	19.10	20.17
Accounts Payable Turnover	0.00	8.16	8.44
Days Sales Outstanding (DSO)	0.00	66.91	66.42
Days Inventory Outstanding (DIO)	0.00	0.00	0.00
Days Payable Outstanding (DPO)	0.00	44.73	43.27
Cash Conversion Cycle (CCC)	0.00	22.18	23.15
Capital & Investment Metrics	-	-	-
Invested Capital	0.00	4,068	4,317
Invested Capital Turnover	0.00	1.95	1.00
Increase / (Decrease) in Invested Capital	0.00	4,068	249
Enterprise Value (EV)	0.00	5,104	7,730
Market Capitalization	1,050	1,050	4,401
Book Value per Share	$0.00	$0.24	$3.35
Tangible Book Value per Share	$0.00	($18.11)	($12.32)
Total Capital	0.00	4,379	4,836
Total Debt	0.00	4,081	3,610
Total Long-Term Debt	0.00	3,960	3,503
Net Debt	0.00	3,815	3,091
Capital Expenditures (CapEx)	24	35	35
Debt-free, Cash-free Net Working Capital (DFCFNWC)	0.00	-317	-364
Debt-free Net Working Capital (DFNWC)	0.00	-50	155
Net Working Capital (NWC)	0.00	-171	47
Net Nonoperating Expense (NNE)	498	722	405
Net Nonoperating Obligations (NNO)	0.00	3,769	3,091
Total Depreciation and Amortization (D&A)	503	663	681
Debt-free, Cash-free Net Working Capital to Revenue	0.00%	-7.97%	-8.68%
Debt-free Net Working Capital to Revenue	0.00%	-1.27%	3.68%
Net Working Capital to Revenue	0.00%	-4.31%	1.12%
Earnings Adjustments	-	-	-
Adjusted Basic Earnings per Share	$0.00	$0.00	($1.32)
Adjusted Weighted Average Basic Shares Outstanding	0.00	0.00	266.92M
Adjusted Diluted Earnings per Share	$0.00	$0.00	($1.32)
Adjusted Weighted Average Diluted Shares Outstanding	0.00	0.00	266.92M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	0.00	295.11M
Normalized Net Operating Profit after Tax (NOPAT)	-46	21	91
Normalized NOPAT Margin	-1.36%	0.53%	2.18%
Pre Tax Income Margin	-15.35%	-17.38%	-5.00%
Debt Service Ratios	-	-	-
EBIT to Interest Expense	-0.95	-0.92	2.93
NOPAT to Interest Expense	-0.70	-0.48	1.07
EBIT Less CapEx to Interest Expense	-1.17	-1.16	2.31
NOPAT Less CapEx to Interest Expense	-0.92	-0.72	0.45
Payout Ratios	-	-	-
Dividend Payout Ratio	-1.94%	-1.84%	-2.81%
Augmented Payout Ratio	-1.94%	-1.84%	-9.09%

This table displays calculated financial ratios and metrics derived from NIQ Global Intelligence's official financial filings.

Metric	Q2 2024	Q3 2024	Q1 2025	Q2 2025	Q3 2025	Q1 2026
Period end date	6/30/2024	9/30/2024	3/31/2025	6/30/2025	9/30/2025	3/31/2026
DEI Shares Outstanding	0.00	0.00	0.00	0.00	295,000,000.00	295,107,483.00
DEI Adjusted Shares Outstanding	0.00	0.00	0.00	0.00	295,000,000.00	295,107,483.00
DEI Earnings Per Adjusted Shares Outstanding	0.00	0.00	0.00	0.00	-0.67	-0.31
Growth Metrics	-	-	-	-	-	-
Revenue Growth	0.00%	0.00%	0.00%	5.58%	7.18%	11.06%
EBITDA Growth	0.00%	0.00%	0.00%	185.75%	-24.50%	-26.12%
EBIT Growth	0.00%	0.00%	0.00%	307.38%	-1,040.43%	-109.64%
NOPAT Growth	0.00%	0.00%	0.00%	-117.39%	-118.24%	-164.97%
Net Income Growth	0.00%	0.00%	0.00%	93.53%	7.90%	24.77%
EPS Growth	0.00%	0.00%	0.00%	92.59%	20.45%	36.73%
Operating Cash Flow Growth	0.00%	0.00%	0.00%	0.00%	112.32%	58.59%
Free Cash Flow Firm Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Invested Capital Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Revenue Q/Q Growth	0.00%	-0.38%	0.00%	0.00%	1.13%	0.00%
EBITDA Q/Q Growth	0.00%	81.69%	0.00%	0.00%	-52.00%	0.00%
EBIT Q/Q Growth	0.00%	90.87%	0.00%	0.00%	-150.19%	0.00%
NOPAT Q/Q Growth	0.00%	41.76%	0.00%	0.00%	41.53%	0.00%
Net Income Q/Q Growth	0.00%	-13.42%	0.00%	0.00%	-1,513.93%	0.00%
EPS Q/Q Growth	0.00%	100.00%	0.00%	0.00%	100.00%	0.00%
Operating Cash Flow Q/Q Growth	0.00%	0.00%	-324.89%	0.00%	0.00%	-133.70%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	0.00%	6.46%	0.00%
Invested Capital Q/Q Growth	0.00%	0.00%	0.00%	0.00%	-6.15%	0.00%
Profitability Metrics	-	-	-	-	-	-
Gross Margin	55.97%	55.26%	55.40%	56.84%	55.64%	55.72%
EBITDA Margin	9.25%	16.87%	21.88%	25.04%	11.88%	14.55%
Operating Margin	-2.77%	-1.62%	1.63%	3.80%	-3.30%	-0.95%
EBIT Margin	-5.22%	-0.48%	4.94%	10.26%	-5.09%	-0.43%
Profit (Net Income) Margin	-19.12%	-21.77%	-12.21%	-1.17%	-18.71%	-8.27%
Tax Burden Percent	118.93%	108.31%	124.63%	-105.17%	121.02%	140.57%
Interest Burden Percent	307.77%	4,200.00%	-198.32%	10.86%	303.54%	1,371.74%
Effective Tax Rate	0.00%	0.00%	0.00%	205.17%	0.00%	0.00%
Return on Invested Capital (ROIC)	0.00%	0.00%	0.00%	0.00%	0.00%	-1.32%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	0.00%	0.00%	0.00%	0.00%	-6.41%
Return on Net Nonoperating Assets (RNNOA)	0.00%	0.00%	0.00%	0.00%	0.00%	-17.78%
Return on Equity (ROE)	0.00%	0.00%	0.00%	0.00%	0.00%	-19.09%
Cash Return on Invested Capital (CROIC)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Return on Assets (OROA)	0.00%	0.00%	0.00%	0.00%	0.00%	-0.27%
Return on Assets (ROA)	0.00%	0.00%	0.00%	0.00%	0.00%	-5.27%
Return on Common Equity (ROCE)	0.00%	0.00%	0.00%	0.00%	0.00%	-15.15%
Return on Equity Simple (ROE_SIMPLE)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	-19	-11	11	-42	-24	-7.14
NOPAT Margin	-1.94%	-1.13%	1.14%	-3.99%	-2.31%	-0.67%
Net Nonoperating Expense Percent (NNEP)	0.00%	0.00%	0.00%	-1.38%	10.91%	5.10%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-0.84%	-0.50%	-0.15%
Cost of Revenue to Revenue	44.03%	44.74%	44.60%	43.16%	44.36%	44.28%
SG&A Expenses to Revenue	41.04%	40.33%	38.48%	38.72%	43.22%	36.93%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	58.74%	56.88%	53.77%	53.05%	58.94%	56.67%
Earnings before Interest and Taxes (EBIT)	-52	-4.70	48	107	-54	-4.60
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	91	166	211	261	125	156
Valuation Ratios	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	0.00	0.00	6.23	4.50	3.66
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	0.00	0.00	0.00	0.00	0.00	0.78
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.00	0.00	1.19	1.78	1.56
Enterprise Value to Revenue (EV/Rev)	0.00	0.00	0.00	0.00	0.00	1.58
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	0.00	0.00	0.00	8.61
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00	0.00	61.04
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00	0.00	163.13
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	0.00	0.00	0.00	17.48
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-
Debt to Equity	0.00	0.00	0.00	11.10	2.95	3.09
Long-Term Debt to Equity	0.00	0.00	0.00	10.84	2.86	3.01
Financial Leverage	0.00	0.00	0.00	10.46	2.58	2.77
Leverage Ratio	0.00	0.00	0.00	16.75	5.58	5.85
Compound Leverage Factor	0.00	0.00	0.00	1.82	16.93	80.19
Debt to Total Capital	0.00%	0.00%	0.00%	91.74%	74.68%	75.53%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	2.18%	2.24%	1.90%
Long-Term Debt to Total Capital	0.00%	0.00%	0.00%	89.55%	72.43%	73.63%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	4.85%	4.98%	5.06%
Common Equity to Total Capital	0.00%	0.00%	0.00%	3.41%	20.34%	19.41%
Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	4.52
Net Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	4.06
Long-Term Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	4.40
Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	85.55
Net Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	76.85
Long-Term Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	83.40
Altman Z-Score	0.00	0.00	0.00	0.00	0.00	0.54
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	20.67%
Liquidity Ratios	-	-	-	-	-	-
Current Ratio	0.00	0.00	0.00	0.98	0.99	1.07
Quick Ratio	0.00	0.00	0.00	0.81	0.88	0.90
Cash Flow Metrics	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	0.00	0.00	0.00	-4,717	-4,412	-4,363
Operating Cash Flow to CapEx	0.00%	1,033.87%	-4,954.84%	0.00%	3,678.38%	-1,987.50%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	-142.79	0.00
Operating Cash Flow to Interest Expense	0.00	1.40	-2.61	0.00	8.81	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	1.27	-2.67	0.00	8.57	0.00
Efficiency Ratios	-	-	-	-	-	-
Asset Turnover	0.00	0.00	0.00	0.00	0.00	0.64
Accounts Receivable Turnover	0.00	0.00	0.00	0.00	0.00	4.65
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	0.00	0.00	0.00	0.00	0.00	22.72
Accounts Payable Turnover	0.00	0.00	0.00	0.00	0.00	8.46
Days Sales Outstanding (DSO)	0.00	0.00	0.00	0.00	0.00	78.49
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	0.00	0.00	0.00	0.00	0.00	43.16
Cash Conversion Cycle (CCC)	0.00	0.00	0.00	0.00	0.00	35.33
Capital & Investment Metrics	-	-	-	-	-	-
Invested Capital	0.00	0.00	0.00	4,675	4,388	4,356
Invested Capital Turnover	0.00	0.00	0.00	0.00	0.00	1.98
Increase / (Decrease) in Invested Capital	0.00	0.00	0.00	4,675	4,388	4,356
Enterprise Value (EV)	0.00	0.00	0.00	5,557	7,831	6,794
Market Capitalization	1,050	1,050	1,050	1,050	4,427	3,355
Book Value per Share	$0.00	$0.00	$0.00	$1,685,000.00	$3.33	$3.10
Tangible Book Value per Share	$0.00	$0.00	$0.00	($45,733,000.00)	($12.54)	($12.18)
Total Capital	0.00	0.00	0.00	4,935	4,834	4,718
Total Debt	0.00	0.00	0.00	4,527	3,610	3,563
Total Long-Term Debt	0.00	0.00	0.00	4,419	3,502	3,474
Net Debt	0.00	0.00	0.00	4,268	3,164	3,201
Capital Expenditures (CapEx)	0.00	12	3.10	0.00	7.40	3.20
Debt-free, Cash-free Net Working Capital (DFCFNWC)	0.00	0.00	0.00	-178	-348	-173
Debt-free Net Working Capital (DFNWC)	0.00	0.00	0.00	82	99	190
Net Working Capital (NWC)	0.00	0.00	0.00	-26	-9.60	100
Net Nonoperating Expense (NNE)	169	203	129	-29	173	82
Net Nonoperating Obligations (NNO)	0.00	0.00	0.00	4,268	3,164	3,201
Total Depreciation and Amortization (D&A)	143	170	164	154	179	161
Debt-free, Cash-free Net Working Capital to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	-4.01%
Debt-free Net Working Capital to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	4.41%
Net Working Capital to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	2.32%
Earnings Adjustments	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.00	$0.00	$0.00	($140,000.00)	($0.70)	($0.31)
Adjusted Weighted Average Basic Shares Outstanding	0.00	0.00	0.00	100.00	281.96M	295.04M
Adjusted Diluted Earnings per Share	$0.00	$0.00	$0.00	($140,000.00)	($0.70)	($0.31)
Adjusted Weighted Average Diluted Shares Outstanding	0.00	0.00	0.00	100.00	281.96M	295.04M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	0.00	0.00	295M	295M	295.14M
Normalized Net Operating Profit after Tax (NOPAT)	7.91	-0.84	15	28	-22	38
Normalized NOPAT Margin	0.80%	-0.09%	1.52%	2.71%	-2.05%	3.57%
Pre Tax Income Margin	-16.08%	-20.10%	-9.79%	1.11%	-15.46%	-5.88%
Debt Service Ratios	-	-	-	-	-	-
EBIT to Interest Expense	0.00	-0.05	0.81	0.00	-1.73	0.00
NOPAT to Interest Expense	0.00	-0.12	0.19	0.00	-0.79	0.00
EBIT Less CapEx to Interest Expense	0.00	-0.19	0.76	0.00	-1.97	0.00
NOPAT Less CapEx to Interest Expense	0.00	-0.26	0.13	0.00	-1.03	0.00
Payout Ratios	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	-2.12%
Augmented Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	-2.12%

Financials Breakdown Chart

Key Financial Trends

NIQ Global Intelligence plc showed a mixed start to fiscal 2026, with revenue holding up but profitability and cash flow remaining under pressure. The company generated $1.07 billion in Q1 2026 revenue, up modestly from $1.05 billion in Q3 2025 and $965.9 million in Q1 2025, but it still posted a net loss of $88.7 million.

What stands out most is that NIQ’s operating model is producing strong gross profit, but that isn’t yet translating into bottom-line earnings or operating cash flow. At the same time, the balance sheet remains highly leveraged, with $3.47 billion in long-term debt and $4.16 billion in total noncurrent liabilities as of Q1 2026.

Revenue growth is still positive. Q1 2026 revenue of $1.07 billion was slightly above Q3 2025 and meaningfully above Q1 2025, suggesting the top line is growing.
Gross profit remains strong. Q1 2026 gross profit was $597.7 million, implying a gross margin of about 56%, which is solid for a business of this type.
Cash balance improved from earlier periods. NIQ ended Q1 2026 with $362.3 million in cash and equivalents, up from $259.5 million in Q2 2025.
Quarterly cash generation was better than the prior quarter. Operating cash flow improved from a negative $153.6 million in Q1 2025 to a negative $63.6 million in Q1 2026.
Depreciation and amortization remain large non-cash expenses. These charges were $153.7 million in Q1 2026, which helps explain why reported earnings and cash flow can diverge.
Interest costs are still meaningful. Cash interest paid was $58.1 million in Q1 2026, highlighting the drag from leverage.
Acquisition activity remains part of the growth strategy. NIQ spent $56.4 million on acquisitions in Q1 2026, after $82.5 million in Q4 2025.
Shareholder equity remains positive, but thin relative to liabilities. Total equity and noncontrolling interests were $1.15 billion versus liabilities of $5.59 billion.
NIQ is still losing money. Q1 2026 net loss was $88.7 million, and loss per share was $0.31.
Operating performance turned negative in the latest quarter. NIQ reported an operating loss of $10.2 million in Q1 2026, after operating income of $39.5 million in Q2 2025.
Cash from operations was negative in Q1 2026. The company used $63.6 million in operating cash, driven by a large $156.8 million negative swing in operating assets and liabilities.
Debt remains very heavy. Short-term debt was $89.8 million and long-term debt was $3.47 billion, leaving the company with a leveraged balance sheet.
Net cash declined sharply this quarter. NIQ’s cash and equivalents fell by $156.5 million in Q1 2026, reflecting weak operating cash flow, investing outflows, and financing needs.

Looking at the trend across the last several quarters, NIQ has shown revenue resilience but inconsistent profitability. Q2 2025 briefly produced operating income and positive net income, but margins weakened again in Q3 2025 and Q1 2026. That pattern suggests the company can grow, yet it has not consistently converted that growth into durable earnings power.

For retail investors, the key question is whether NIQ can improve operating efficiency and reduce leverage enough to turn its solid gross margins into sustained free cash flow. Until that happens, the stock may continue to be more of a turnaround story than a fundamentally stable compounder.

07/13/26 10:34 AM ETAI Generated. May Contain Errors.

NIQ Global Intelligence Financials - Frequently Asked Questions

According to the most recent income statement we have on file, NIQ Global Intelligence's fiscal year ends in December. Their fiscal year 2025 ended on December 31, 2025.

NIQ Global Intelligence's net income appears to be on a downward trend, with a most recent value of -$345.30 million in 2025, falling from -$573.60 million in 2023. The previous period was -$791.70 million in 2024. See where experts think NIQ Global Intelligence is headed by visiting NIQ Global Intelligence's forecast page.

NIQ Global Intelligence's total operating income in 2025 was $85.40 million, based on the following breakdown:

Total Gross Profit: $2.34 billion
Total Operating Expenses: $2.25 billion

Over the last 2 years, NIQ Global Intelligence's total revenue changed from $3.34 billion in 2023 to $4.20 billion in 2025, a change of 25.7%.

NIQ Global Intelligence's total liabilities were at $5.58 billion at the end of 2025, a 8.2% decrease from 2024, and a 8.2% decrease since 2024.

In the past 1 years, NIQ Global Intelligence's cash and equivalents has ranged from $266.20 million in 2024 to $518.80 million in 2025, and is currently $518.80 million as of their latest financial filing in 2025.

Over the last 2 years, NIQ Global Intelligence's book value per share changed from 0.00 in 2023 to 3.35 in 2025, a change of 335.1%.

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Financial statements for NYSE:NIQ last updated on 5/19/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

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NIQ Global Intelligence (NIQ) Financials

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NIQ Global Intelligence (NIQ) Financials

Annual Income Statements for NIQ Global Intelligence

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Quarterly Cash Flow Statements for NIQ Global Intelligence

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Quarterly Balance Sheets for NIQ Global Intelligence

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Quarterly Metrics And Ratios for NIQ Global Intelligence

Financials Breakdown Chart

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NIQ Global Intelligence Financials - Frequently Asked Questions

When does NIQ Global Intelligence's financial year end?

How has NIQ Global Intelligence's net income changed over the last 2 years?

What is NIQ Global Intelligence's operating income?

How has NIQ Global Intelligence's revenue changed over the last 2 years?

How much debt does NIQ Global Intelligence have?

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How has NIQ Global Intelligence's book value per share changed over the last 2 years?

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