nCino (NCNO) Net Margin (2021 - 2026)
nCino's (NCNO) quarterly Net Margin came in at 3.97% in Q3 2026, up 1319.0% year-over-year from 0.28% in Q3 2025, and down 32.34% quarter-over-quarter from 5.87% in Q1 2026.
Powered by 
Analysis
nCino (NCNO) Net Margin (2021 - 2026) Analysis & Trends
nCino has disclosed Net Margin across 6 years of filings, most recently posting 3.97% for Q3 2026.
- In Q3 2026, Net Margin rose 1319.0% year-over-year to 3.97%; the TTM figure through Jul 2026 stood at 1.65% (up 643.0% YoY), while the FY2026 annual figure was 1.63%, up 774.0% from the prior year.
- Net Margin came in at 3.97% for Q3 2026 at nCino, down from 5.87% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 5.87% in Q1 2026 to a low of 31.85% in Q2 2022.
- Average Net Margin over 5 years is 8.9%, with a median of 9.01% recorded in 2025.
- Year-over-year, Net Margin surged 2160 bps in 2023 and plunged 1213 bps in 2025.
- Over 5 years, Net Margin stood at 21.51% in 2022, then surged by 35 bps to 14.09% in 2023, then jumped by 79 bps to 2.99% in 2024, then surged by 289 bps to 5.66% in 2025, then slipped by 30 bps to 3.97% in 2026.
- Per Business Quant data, the three most recent Net Margin figures were 3.97% in Q3 2026, 5.87% in Q1 2026, and 5.66% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Chime Financial | 12.78 Bn | 11.72 Bn | 594.87 Mn | 4.16% |
| 2 | Jack Henry & Associates | 11.61 Bn | 11.60 Bn | 273.85 Mn | 17.27% |
| 3 | Dave | 4.36 Bn | 4.10 Bn | 159.27 Mn | 3.92% |
| 4 | Q2 Holdings | 3.87 Bn | 3.77 Bn | 130.20 Mn | 13.59% |
| 5 | nCino | 2.43 Bn | 2.36 Bn | 100.77 Mn | 3.97% |
| 6 | Alkami Technology | 2.11 Bn | 2.02 Bn | 73.81 Mn | -6.85% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 3.97% |
| Jan 31, 2026 | 5.87% |
| Oct 31, 2025 | 5.66% |
| Jul 31, 2025 | -9.22% |
| Apr 30, 2025 | 4.17% |
| Jan 31, 2025 | -11.02% |
| Oct 31, 2024 | -2.99% |
| Jul 31, 2024 | -8.33% |
| Apr 30, 2024 | -1.79% |
| Jan 31, 2024 | 1.11% |
| Oct 31, 2023 | -14.09% |
| Jul 31, 2023 | -13.72% |
| Apr 30, 2023 | -10.24% |
| Jan 31, 2023 | -19.94% |
| Oct 31, 2022 | -21.51% |
| Jul 31, 2022 | -27.53% |
| Apr 30, 2022 | -31.85% |
| Jan 31, 2022 | -8.80% |
| Oct 31, 2021 | -19.50% |
| Jul 31, 2021 | -21.44% |