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| Date | Value |
|---|---|
| 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 |