nCino (NCNO) Gross Margin (2021 - 2026)
nCino (NCNO) reported Gross Margin of 61.41% for Q1 2026, up 174.0% on a YoY basis from 22.41% in Q1 2025, and little changed sequentially from 61.57% in Q4 2025.
nCino (NCNO) Gross Margin (2021 - 2026) Analysis & Trends
nCino (NCNO) has 6 years of Gross Margin data on file, last reported at 61.41% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin rose 174.0% year-over-year to 61.41%; the trailing twelve-month figure through Jan 2026 stood at 60.55% (up 48.0% YoY), and the FY2026 full-year result was 60.55%, up 48.0% from the prior year.
- Gross Margin was little changed at 61.41% in Q1 2026, 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 tumbled 207 bps in 2022 and soared 215 bps in 2023, its largest moves.
- Tracing NCNO's Gross Margin over 5 years: stood at 59.01% in 2022, then climbed by 3 bps to 60.62% in 2023, then climbed by 1 bps to 61.28% in 2024, then rose by 0 bps to 61.57% in 2025, then slipped by 0 bps to 61.41% in 2026.
- Business Quant data shows NCNO's Gross Margin at 61.41% in Q1 2026, 61.57% in Q4 2025, and 59.22% in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | 72.98% |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | - |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | 48.77% |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 45.03% |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 76.92% |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 70.68% |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | 48.28% |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | 66.61% |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 95.85% |
| 10 | nCino | 1.83 Bn | 1.76 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% |