nCino (NCNO) Cost of Revenue (2021 - 2026)

nCino's Cost of Revenue history runs 6 years deep, the most recent figure standing at $131.3 million for Q1 2026.

• In Q1 2026, Cost of Revenue rose 289.01% year-over-year to $131.3 million; the TTM figure through Jan 2026 stood at $234.6 million (up 39.17% YoY), while the FY2026 annual figure was $234.6 million, up 90.38% from the prior year.
• Cost of Revenue came in at $131.3 million for Q1 2026 at nCino, up from $33.1 million in the prior quarter.
• In the past five years, Cost of Revenue ranged from a high of $131.3 million in Q1 2026 to a low of $2.8 million in Q1 2022.
• A 5-year average of $42.7 million and a median of $33.1 million in 2025 frame the typical range for Cost of Revenue.
• Across the five-year window, Cost of Revenue jumped 1104.29% in 2023 and tumbled 62.89% in 2025, its largest moves.
• nCino's Cost of Revenue stood at $32.4 million in 2022, then grew by 18.58% to $38.4 million in 2023, then declined by 22.67% to $29.7 million in 2024, then grew by 11.36% to $33.1 million in 2025, then jumped by 296.5% to $131.3 million in 2026.
• According to Business Quant data, Cost of Revenue over the past three periods registered $131.3 million, $33.1 million, and $37.3 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

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