nCino (NCNO) Operating Expenses (2021 - 2026)

nCino (NCNO) reported Operating Expenses of $89.1 million for Q1 2026, down 1.11% on a YoY basis from $90.1 million in Q1 2025, and up 8.69% sequentially from $82.0 million in Q4 2025.

nCino (NCNO) Operating Expenses (2021 - 2026) Analysis & Trends

nCino (NCNO) has 6 years of Operating Expenses data on file, last reported at $89.1 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses fell 1.11% year-over-year to $89.1 million; the trailing twelve-month figure through Jan 2026 stood at $356.4 million (up 3.94% YoY), and the FY2026 full-year result was $356.4 million, up 3.94% from the prior year.
  • Operating Expenses climbed to $89.1 million in Q1 2026, from $82.0 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $97.4 million in Q3 2025 to a low of $73.7 million in Q1 2022.
  • A 5-year average of $84.1 million and a median of $84.0 million in 2023 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses surged 57.46% in 2022 and slipped 11.32% in 2024, its largest moves.
  • Tracing NCNO's Operating Expenses over 5 years: stood at $80.6 million in 2022, then rose by 7.74% to $86.8 million in 2023, then declined by 1.09% to $85.9 million in 2024, then slipped by 4.55% to $82.0 million in 2025, then rose by 8.69% to $89.1 million in 2026.
  • Business Quant data shows NCNO's Operating Expenses at $89.1 million in Q1 2026, $82.0 million in Q4 2025, and $97.4 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn -7.98 Bn
2 Full Truck Alliance 188.77 Bn 186.13 Bn - -269.42 Mn
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn 1.16 Bn
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn 11.28 Bn
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn 6.22 Bn
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn 2.66 Bn
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn 4.23 Bn
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn 1.25 Bn
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn 1.04 Bn
10 nCino 1.83 Bn 1.76 Bn 91.92 Mn 89.10 Mn

Historic Data

Download Data
DateValue
Jan 31, 2026 89.10 Mn
Oct 31, 2025 81.97 Mn
Jul 31, 2025 97.42 Mn
Apr 30, 2025 87.96 Mn
Jan 31, 2025 90.10 Mn
Oct 31, 2024 85.88 Mn
Jul 31, 2024 86.38 Mn
Apr 30, 2024 80.57 Mn
Jan 31, 2024 77.67 Mn
Oct 31, 2023 86.82 Mn
Jul 31, 2023 83.98 Mn
Apr 30, 2023 76.11 Mn
Jan 31, 2023 87.59 Mn
Oct 31, 2022 80.58 Mn
Jul 31, 2022 83.41 Mn
Apr 30, 2022 81.14 Mn
Jan 31, 2022 73.66 Mn
Oct 31, 2021 55.51 Mn
Jul 31, 2021 53.11 Mn
Apr 30, 2021 51.53 Mn