nCino (NCNO) Net Margin (2021 - 2026)
nCino's (NCNO) quarterly Net Margin came in at 5.87% in Q1 2026, up 1689.0% year-on-year from 0.33% in Q1 2025, and up 3.73% quarter-over-quarter from 5.66% in Q4 2025.
nCino (NCNO) Net Margin (2021 - 2026) Analysis & Trends
nCino has disclosed Net Margin across 6 years of filings, most recently posting 5.87% for Q1 2026.
- Net Margin for Q1 2026 came in at 5.87%, up 1689.0% year-over-year; the trailing twelve-month figure through Jan 2026 was 1.63% (up 774.0% YoY), and the FY2026 annual result was 1.63%, up 774.0% from the prior year.
- Net Margin came in at 5.87% for Q1 2026 at nCino, up from 5.66% 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.
- The 5-year median for Net Margin is 9.22% (2025), against an average of 9.66%.
- Across the five-year window, Net Margin jumped 2160 bps in 2023 and sank 1213 bps in 2025, its largest moves.
- nCino's 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 advanced by 4 bps to 5.87% in 2026.
- The last three Net Margin figures came in at 5.87% (Q1 2026), 5.66% (Q4 2025), and 9.22% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | 20.22% |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | - |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 2.29% |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | -18.33% |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 18.74% |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 22.77% |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 12.44% |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 22.90% |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 25.87% |
| 10 | nCino | 1.68 Bn | 1.60 Bn | 91.92 Mn | 5.87% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Apr 30, 2021 | -25.03% |