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
DateValue
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