OverviewSuggest Edit
NIC is a provider of digital government services. The company enters into contracts with state and local governments to design, build, and operate digital government services on an enterprise-wide basis on their behalf. It also provides software development and payment processing services to federal agencies, as well as state and local governments.
| Type | Public | |
| Founded | 1992 | |
| HQ | Olathe, KS, US | Map |
| Website | egov.com | |
| Employee Ratings | More | |
| Overall Culture | B+ | More |
Recent NewsAll News
- Jet Joins The Nic Harcourt Show in the Morning at 88.5-FM
- IGNITE Partners with VapeEZ for Dubai Distribution of new IGNITE NIC product line
- Corundum: Open-source, high performance, FPGA-based NIC
- NIC Employees, Superheroes Team Up in Third Annual Holiday Heroes for Children of Topeka Rescue Mission, First Responders
Key People/Management at NIC
Harry H. Herington
Stephen M. Kovzan
Jayne Friedland Holland
William A. Van Asselt
Doug Rogers
NIC Office Locations
NIC Financials and Metrics
NIC Revenue
| USD | |
|---|---|
Revenue (Q3, 2020) | 91.5m |
Gross profit (Q3, 2020) | 37.7m |
Gross profit margin (Q3, 2020), % | 41.2% |
Market capitalization (15-Jan-2021) | 1.8b |
Closing stock price (15-Jan-2021) | 27.5 |
Cash (30-Sept-2020) | 235.3m |
EV | 1.6b |
| USD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 83.2m | 85.3m | 84.5m | 86.7m | 92.5m | 87.0m | 85.2m | 91.6m | 90.4m | 91.1m | 77.8m | 91.5m |
Cost of goods sold | 48.8m | 50.8m | 50.5m | 50.9m | 53.9m | 50.5m | 51.4m | 55.6m | 54.0m | 57.0m | 45.9m | 53.8m |
Gross profit | 34.4m | 34.5m | 34.0m | 35.9m | 38.6m | 36.6m | 33.8m | 36.0m | 36.4m | 34.1m | 31.9m | 37.7m |
Gross profit Margin, % | 41% | 40% | 40% | 41% | 42% | 42% | 40% | 39% | 40% | 37% | 41% | 41% |
| USD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash | 123.6m | 135.4m | 152.3m | 162.4m | 172.7m | 181.0m | 180.6m | 186.5m | 209.3m | 217.6m | 220.4m | 235.3m |
Accounts Receivable | 83.8m | 79.3m | 83.8m | 87.2m | 92.8m | 98.9m | 113.6m | 113.1m | 106.1m | 101.8m | 106.5m | 139.0m |
Prepaid Expenses | 12.6m | 12.4m | 11.8m | 14.5m | 13.0m | 13.9m | 14.9m | 12.6m | 13.0m | 18.4m | 13.4m | 18.6m |
Current Assets | 220.0m | 227.1m | 247.8m | 264.1m | 278.5m | 293.8m | 309.0m | 312.3m | 328.3m | 337.8m | 340.3m | 393.0m |
| USD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net Income | 14.0m | 26.8m | 40.8m | 15.5m | 32.5m | 48.4m | 11.5m | 26.0m | 40.5m | 11.9m | 25.7m | 50.8m |
Depreciation and Amortization | 1.6m | 3.3m | 5.1m | 2.1m | 4.2m | 6.7m | 2.4m | 5.6m | 9.1m | 3.5m | 7.0m | 10.5m |
Accounts Payable | (9.8m) | (14.5m) | (5.9m) | (20.1m) | (19.5m) | (13.0m) | 20.0m | 23.6m | 24.7m | 24.4m | 12.2m | 16.0m |
Cash From Operating Activities | 4.9m | 24.4m | 48.6m | 9.2m | 28.4m | 49.6m | 1.1m | 27.8m | 58.7m | 16.9m | 29.6m | 53.2m |
| USD | Q1, 2017 |
|---|---|
Financial Leverage | 1.7 x |
NIC Operating Metrics
| Q1, 2014 | Q2, 2014 | Q3, 2014 | FY, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | FY, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | FY, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | FY, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | FY, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | FY, 2019 | Q1, 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Active Contracts | 15 | 14 | 14 | 27 | 17 | 16 | 15 | 15 | 16 | 16 | 15 | 15 | 15 | ||||||||||||
Portals | 28 | 28 | 28 | 28 | 27 | 27 | 27 | 27 | 27 | 28 | 27 | 27 | 26 | 26 | 26 | 27 | 27 | 27 | 26 | 26 |
NIC Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| Complia | May 06, 2019 | |
| Alabama Interactive | ||
| Arkansas Information Consortium | ||
| Colorado Interactive | ||
| Connecticut Interactive | ||
| Hawaii Information Consortium | ||
| Idaho Information Consortium | ||
| Illinois Interactive | ||
| Indiana Interactive | ||
| Iowa Interactive |
NIC Revenue Breakdown
NIC revenue breakdown by business segment: 90.5% from Software and Services and 9.5% from State Enterprise
NIC Cybersecurity Score
NIC Online and Social Media Presence
1.97k Twitter followers
NIC has 1.97k Twitter Followers. The number of followers has increased 0.1% quarter over quarter
NIC's Trends
Twitter Engagement Stats for @EGOV
3.9k
Tweets
555
Following
2k
Followers
21
Tweets last 30 days
2.2
Avg. likes per Tweet
90.5%
Tweets with engagement
NIC Company Culture
Overall Culture
B+
79/100
CEO Rating
C+
70/100
Compensation
A+
95/100
NIC News and Updates
Jet Joins The Nic Harcourt Show in the Morning at 88.5-FM
IGNITE Partners with VapeEZ for Dubai Distribution of new IGNITE NIC product line
NIC Employees, Superheroes Team Up in Third Annual Holiday Heroes for Children of Topeka Rescue Mission, First Responders
Sabra Health Care REIT, Inc. to Attend the BAML 2019 Global Real Estate Conference, the 2019 NIC Fall Conference and the BMO Capital Markets 14th Annual Real Estate Conference
NIC Frequently Asked Questions
When was NIC founded?
NIC was founded in 1992.
Who are NIC key executives?
NIC's key executives are Harry H. Herington, Stephen M. Kovzan and Jayne Friedland Holland.
How many employees does NIC have?
NIC has 1,000 employees.
What is NIC revenue?
Latest NIC annual revenue is $354.2 m.
What is NIC revenue per employee?
Latest NIC revenue per employee is $354.2 k.
Who are NIC competitors?
Competitors of NIC include Red River, Carahsoft and Appriss.
Where is NIC headquarters?
NIC headquarters is located at 25501 W Valley Pkwy #300, Olathe.
Where are NIC offices?
NIC has an office in Olathe.
How many offices does NIC have?
NIC has 1 office.
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