nCino (NCNO) Gross Margin (2021 - 2026)

nCino (NCNO) posted Gross Margin of 61.41% for Q1 2026, little changed sequentially from 61.57% in Q4 2025, and up 174.0% YoY from 22.41% in Q1 2025.

nCino (NCNO) Gross Margin (2021 - 2026) Analysis & Trends

nCino has reported Gross Margin for 6 years, with the latest figure at 61.41% in Q1 2026.

Quarterly Gross Margin rose 174.0% year-over-year to 61.41% in Q1 2026, while the trailing twelve-month figure through Jan 2026 was 60.55% (up 48.0% YoY) and the FY2026 annual result came in at 60.55%, up 48.0% from the prior year.
Gross Margin was little changed at 61.41% in Q1 2026 per NCNO's latest filing, from 61.57% in the prior quarter.
Over five years, Gross Margin peaked at 61.57% in Q4 2025 and troughed at 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.
The sharpest annual moves came in 2022 and 2023: Gross Margin sank 207 bps in 2022, then surged 215 bps in 2023.
Over 5 years, Gross Margin stood at 59.01% in 2022, then rose by 3 bps to 60.62% in 2023, then rose by 1 bps to 61.28% in 2024, then climbed by 0 bps to 61.57% in 2025, then fell 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.

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)	Gross Margin (Qtr)
1	Sap Se	255.48 Bn	234.41 Bn	16.51 Bn	73.08%
2	Shopify	198.95 Bn	194.00 Bn	1.71 Bn	47.67%
3	Salesforce	160.70 Bn	148.86 Bn	8.56 Bn	76.92%
4	Uber Technologies	154.94 Bn	149.73 Bn	6.38 Bn	44.93%
5	ServiceNow	128.25 Bn	123.58 Bn	2.82 Bn	70.68%
6	Snowflake	114.00 Bn	111.05 Bn	926.45 Mn	66.61%
7	Automatic Data Processing	108.58 Bn	104.35 Bn	2.51 Bn	45.88%
8	Adobe	105.34 Bn	99.72 Bn	5.90 Bn	89.20%
9	Intuit	94.55 Bn	87.77 Bn	7.24 Bn	84.61%
10	nCino	2.37 Bn	2.29 Bn	91.92 Mn	61.41%

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