nCino (NCNO) Asset Utilization Ratio (2022 - 2026)
nCino's (NCNO) quarterly Asset Utilization Ratio came in at 0.37 in Q1 2026, up 7.19% year-on-year from 0.35 in Q1 2025, and little changed quarter-over-quarter from 0.37 in Q4 2025.
nCino (NCNO) Asset Utilization Ratio (2022 - 2026) Analysis & Trends
nCino has disclosed Asset Utilization Ratio across 5 years of filings, most recently posting 0.37 for Q1 2026.
- Asset Utilization Ratio for Q1 2026 came in at 0.37, up 7.19% year-over-year; the trailing twelve-month figure through Jan 2026 was 0.37 (up 7.19% YoY), and the FY2026 annual result was 0.37, changed 0.38% from the prior year.
- Asset Utilization Ratio came in at 0.37 for Q1 2026 at nCino, roughly flat from 0.37 in the prior quarter.
- In the past five years, Asset Utilization Ratio ranged from a high of 0.37 in Q1 2026 to a low of 0.24 in Q2 2022.
- The 5-year median for Asset Utilization Ratio is 0.35 (2025), against an average of 0.33.
- Across the five-year window, Asset Utilization Ratio jumped 37.6% in 2023 and dropped 5.38% in 2025, its largest moves.
- nCino's Asset Utilization Ratio stood at 0.29 in 2022, then gained by 24.39% to 0.36 in 2023, then retreated by 0.59% to 0.36 in 2024, then advanced by 3.25% to 0.37 in 2025, then climbed by 0.4% to 0.37 in 2026.
- The last three Asset Utilization Ratio figures came in at 0.37 (Q1 2026), 0.37 (Q4 2025), and 0.35 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | 0.51 |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | - |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 0.88 |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | 0.84 |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 0.39 |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 0.50 |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 0.55 |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 0.29 |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 0.85 |
| 10 | nCino | 1.68 Bn | 1.60 Bn | 91.92 Mn | 0.37 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 0.37 |
| Oct 31, 2025 | 0.37 |
| Jul 31, 2025 | 0.35 |
| Apr 30, 2025 | 0.34 |
| Jan 31, 2025 | 0.35 |
| Oct 31, 2024 | 0.36 |
| Jul 31, 2024 | 0.36 |
| Apr 30, 2024 | 0.36 |
| Jan 31, 2024 | 0.37 |
| Oct 31, 2023 | 0.36 |
| Jul 31, 2023 | 0.34 |
| Apr 30, 2023 | 0.32 |
| Jan 31, 2023 | 0.31 |
| Oct 31, 2022 | 0.29 |
| Jul 31, 2022 | 0.26 |
| Apr 30, 2022 | 0.24 |