nCino (NCNO) Cost of Revenue (2021 - 2026)
nCino (NCNO) reported Cost of Revenue of $57.8 million for Q1 2026, up 1.29% on a YoY basis from $57.0 million in Q1 2025, and down 1.24% sequentially from $58.5 million in Q4 2025.
nCino (NCNO) Cost of Revenue (2021 - 2026) Analysis & Trends
nCino (NCNO) has 6 years of Cost of Revenue data on file, last reported at $57.8 million in Q1 2026.
- For the quarter ending Q1 2026, Cost of Revenue rose 1.29% year-over-year to $57.8 million; the trailing twelve-month figure through Jan 2026 stood at $234.6 million (up 8.68% YoY), and the FY2026 full-year result was $234.6 million, up 8.68% from the prior year.
- Cost of Revenue retreated to $57.8 million in Q1 2026, from $58.5 million in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $60.7 million in Q3 2025 to a low of $31.3 million in Q1 2022.
- A 5-year average of $49.6 million and a median of $49.2 million in 2024 frame the typical range for Cost of Revenue.
- Across the five-year window, Cost of Revenue jumped 58.35% in 2022 and climbed 1.29% in 2026, its largest moves.
- Tracing NCNO's Cost of Revenue over 5 years: stood at $43.2 million in 2022, then grew by 11.28% to $48.0 million in 2023, then rose by 11.91% to $53.7 million in 2024, then rose by 8.8% to $58.5 million in 2025, then decreased by 1.24% to $57.8 million in 2026.
- Business Quant data shows NCNO's Cost of Revenue at $57.8 million in Q1 2026, $58.5 million in Q4 2025, and $60.7 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 199.59 Bn | 179.36 Bn | 8.16 Bn | 3.02 Bn |
| 2 | Full Truck Alliance | 193.24 Bn | 190.53 Bn | - | - |
| 3 | Shopify | 164.78 Bn | 159.04 Bn | 1.55 Bn | 1.62 Bn |
| 4 | Salesforce | 150.52 Bn | 138.68 Bn | 8.56 Bn | 2.57 Bn |
| 5 | Uber Technologies | 139.79 Bn | 138.58 Bn | 5.95 Bn | 7.26 Bn |
| 6 | ServiceNow | 109.10 Bn | 104.44 Bn | 2.82 Bn | 1.17 Bn |
| 7 | Automatic Data Processing | 102.68 Bn | 99.45 Bn | 2.87 Bn | 3.07 Bn |
| 8 | Adobe | 95.80 Bn | 90.17 Bn | 5.90 Bn | 715.00 Mn |
| 9 | Snowflake | 93.75 Bn | 90.79 Bn | 926.45 Mn | 464.50 Mn |
| 10 | nCino | 2.00 Bn | 1.91 Bn | 91.92 Mn | 57.75 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 57.75 Mn |
| Jan 31, 2026 | 57.75 Mn |
| Oct 31, 2025 | 58.48 Mn |
| Oct 31, 2025 | 58.48 Mn |
| Jul 31, 2025 | 60.69 Mn |
| Jul 31, 2025 | 60.69 Mn |
| Apr 30, 2025 | 57.70 Mn |
| Apr 30, 2025 | 57.70 Mn |
| Jan 31, 2025 | 57.01 Mn |
| Jan 31, 2025 | 57.01 Mn |
| Oct 31, 2024 | 53.75 Mn |
| Oct 31, 2024 | 53.75 Mn |
| Jul 31, 2024 | 53.93 Mn |
| Jul 31, 2024 | 53.93 Mn |
| Apr 30, 2024 | 51.18 Mn |
| Apr 30, 2024 | 51.18 Mn |
| Jan 31, 2024 | 49.21 Mn |
| Jan 31, 2024 | 49.21 Mn |
| Oct 31, 2023 | 48.03 Mn |
| Oct 31, 2023 | 48.03 Mn |