nCino (NCNO) Gross Margin (2021 - 2026)
nCino's Gross Margin was 62.59% in fiscal Q2 2027 (quarter ended Jul 31, 2026), up 3.37 percentage points from 59.22% a year earlier.
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Analysis
nCino (NCNO) Gross Margin (2021 - 2026) Analysis & Trends
On a trailing twelve-month basis, nCino's Gross Margin was 61.23% through Jul 31, 2026, up 1.21 percentage points year-over-year; for FY2026 (ended Jan 31, 2026), it was 60.55%, up 0.48 percentage points from FY2025.
- Gross Margin has now increased for three consecutive fiscal years, with a five-year change of +3.70 percentage points (FY2021 to FY2026).
- In earlier fiscal years, Gross Margin was 60.07% in FY2025 (+0.25 pp), 59.82% in FY2024 (+1.36 pp), 58.46% in FY2023 (-0.86 pp) and 59.32% in FY2022 (+2.46 pp).
- The fiscal Q2 2027 figure marks the highest quarterly Gross Margin in data going back to fiscal Q1 2022.
- Compared with a year earlier, Gross Margin was higher in four of the last seven quarters, with an average year-over-year change of +0.77 percentage points.
- The best year-over-year quarter for Gross Margin over five years was fiscal Q2 2027 (a gain of 3.37 percentage points); the worst was fiscal Q3 2023 (a drop of 2.07 percentage points).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | PayPal Holdings | 50.23 Bn | 8.45 Bn | - | - |
| 2 | Block | 46.85 Bn | 18.15 Bn | 3.17 Bn | 47.84% |
| 3 | Coinbase Global | 46.71 Bn | 3.52 Bn | - | - |
| 4 | Corpay | 26.70 Bn | 16.59 Bn | - | - |
| 5 | Fiserv | 25.72 Bn | 22.40 Bn | 2.90 Bn | 54.74% |
| 6 | Global Payments | 22.62 Bn | 412.61 Mn | 2.03 Bn | 61.04% |
| 7 | Guidewire Software | 15.37 Bn | 11.94 Bn | 269.68 Mn | 65.60% |
| 8 | Bitmine Immersion Technologies | 13.22 Bn | 10.60 Bn | 40.81 Mn | 87.70% |
| 9 | Chime Financial | 11.55 Bn | 7.34 Bn | 594.87 Mn | 88.82% |
| 10 | nCino | 2.31 Bn | 1.93 Bn | 100.77 Mn | 62.59% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 62.59% |
| 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% |
API Access
nCino Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=NCNO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "NCNO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=NCNO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();