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

nCino has disclosed Cost of Revenue across 6 years of filings, most recently posting $131.3 million for Q1 2026.

• Cost of Revenue for Q1 2026 came in at $131.3 million, up 289.01% year-over-year; the trailing twelve-month figure through Jan 2026 was $234.6 million (up 39.17% YoY), and the FY2026 annual result 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.
• The 5-year median for Cost of Revenue is $33.1 million (2025), against an average of $42.7 million.
• Across the five-year window, Cost of Revenue soared 1104.29% in 2023 and plunged 62.89% in 2025, its largest moves.
• nCino's Cost of Revenue stood at $32.4 million in 2022, then climbed by 18.58% to $38.4 million in 2023, then dropped by 22.67% to $29.7 million in 2024, then climbed by 11.36% to $33.1 million in 2025, then soared by 296.5% to $131.3 million in 2026.
• The last three Cost of Revenue figures came in at $131.3 million (Q1 2026), $33.1 million (Q4 2025), and $37.3 million (Q3 2025), per Business Quant data.