nCino (NCNO) Asset Utilization Ratio (2022 - 2026)
nCino's (NCNO) quarterly Asset Utilization Ratio came in at 0.38 in Q3 2026, up 8.28% year-over-year from 0.35 in Q3 2025, and up 2.5% quarter-over-quarter from 0.37 in Q1 2026.
Analysis
nCino (NCNO) Asset Utilization Ratio (2022 - 2026) Analysis & Trends
nCino has disclosed Asset Utilization Ratio across 5 years of filings, most recently posting 0.38 for Q3 2026.
- In Q3 2026, Asset Utilization Ratio rose 8.28% year-over-year to 0.38; the TTM figure through Jul 2026 stood at 0.38 (up 8.28% YoY), while the FY2026 annual figure was 0.37, changed 0.38% from the prior year.
- Asset Utilization Ratio came in at 0.38 for Q3 2026 at nCino, up from 0.37 in the prior quarter.
- In the past five years, Asset Utilization Ratio ranged from a high of 0.38 in Q3 2026 to a low of 0.24 in Q2 2022.
- Average Asset Utilization Ratio over 5 years is 0.34, with a median of 0.35 recorded in 2025.
- Year-over-year, Asset Utilization Ratio surged 37.6% in 2023 and declined 5.38% in 2025.
- Over 5 years, 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 gained by 2.91% to 0.38 in 2026.
- Per Business Quant data, the three most recent Asset Utilization Ratio figures were 0.38 in Q3 2026, 0.37 in Q1 2026, and 0.37 in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Chime Financial | 12.78 Bn | 11.72 Bn | 594.87 Mn | 1.25 |
| 2 | Jack Henry & Associates | 11.61 Bn | 11.60 Bn | 273.85 Mn | 0.82 |
| 3 | Dave | 4.36 Bn | 4.10 Bn | 159.27 Mn | 1.17 |
| 4 | Q2 Holdings | 3.87 Bn | 3.77 Bn | 130.20 Mn | 0.76 |
| 5 | nCino | 2.43 Bn | 2.36 Bn | 100.77 Mn | 0.38 |
| 6 | Alkami Technology | 2.11 Bn | 2.02 Bn | 73.81 Mn | 0.59 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 0.38 |
| 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 |