nCino (NCNO) Gross Margin (2021 - 2026)
nCino recorded quarterly Gross Margin of 61.41% in Q1 2026, little changed quarter-over-quarter from 61.57% in Q4 2025, and up 174.0% year-over-year from 22.41% in Q1 2025.
nCino's Gross Margin history runs 6 years deep, the most recent figure standing at 61.41% for Q1 2026.
- In Q1 2026, Gross Margin rose 174.0% year-over-year to 61.41%; the TTM figure through Jan 2026 stood at 60.55% (up 48.0% YoY), while the FY2026 annual figure was 60.55%, up 48.0% from the prior year.
- Gross Margin came in at 61.41% for Q1 2026 at nCino, roughly flat from 61.57% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 61.57% in Q4 2025 to a low of 57.22% in Q2 2022.
- A 5-year average of 59.62% and a median of 59.37% in 2023 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin plunged 207 bps in 2022 and jumped 215 bps in 2023, its largest moves.
- nCino's Gross Margin stood at 59.01% in 2022, then increased by 3 bps to 60.62% in 2023, then increased by 1 bps to 61.28% in 2024, then advanced by 0 bps to 61.57% in 2025, then declined by 0 bps to 61.41% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 61.41%, 61.57%, and 59.22% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | 72.98% |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 77.61% |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 89.96% |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | 48.77% |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 75.07% |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 85.65% |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 89.62% |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 48.28% |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 79.05% |
| 10 | nCino | 1.81 Bn | 1.74 Bn | 91.92 Mn | 61.41% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 61.41% |
| Oct 31, 2025 | 61.57% |
| Jul 31, 2025 | 59.22% |
| Apr 30, 2025 | 59.97% |
| Jan 31, 2025 | 59.67% |
| Oct 31, 2024 | 61.28% |
| Jul 31, 2024 | 59.27% |
| Apr 30, 2024 | 60.04% |
| Jan 31, 2024 | 60.22% |
| Oct 31, 2023 | 60.62% |
| Jul 31, 2023 | 59.02% |
| Apr 30, 2023 | 59.37% |
| Jan 31, 2023 | 58.85% |
| Oct 31, 2022 | 59.01% |
| Jul 31, 2022 | 58.62% |
| Apr 30, 2022 | 57.22% |
| Jan 31, 2022 | 58.26% |
| Oct 31, 2021 | 61.09% |
| Jul 31, 2021 | 60.05% |
| Apr 30, 2021 | 57.82% |