nCino (NCNO) Operating Expenses (2021 - 2026)
nCino's (NCNO) quarterly Operating Expenses came in at $87.2 million in Q3 2026, down 10.54% year-over-year from $97.4 million in Q3 2025, and down 2.18% quarter-over-quarter from $89.1 million in Q1 2026.
Analysis
nCino (NCNO) Operating Expenses (2021 - 2026) Analysis & Trends
nCino has disclosed Operating Expenses across 6 years of filings, most recently posting $87.2 million for Q3 2026.
- In Q3 2026, Operating Expenses fell 10.54% year-over-year to $87.2 million; the TTM figure through Jul 2026 stood at $355.6 million (down 1.58% YoY), while the FY2026 annual figure was $356.4 million, up 3.94% from the prior year.
- Operating Expenses came in at $87.2 million for Q3 2026 at nCino, down from $89.1 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.
- Average Operating Expenses over 5 years is $84.3 million, with a median of $84.9 million recorded in 2023.
- Year-over-year, Operating Expenses soared 57.46% in 2022 and dropped 11.32% in 2024.
- Over 5 years, Operating Expenses stood at $80.6 million in 2022, then gained by 7.74% to $86.8 million in 2023, then fell by 1.09% to $85.9 million in 2024, then dropped by 4.55% to $82.0 million in 2025, then increased by 6.33% to $87.2 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $87.2 million in Q3 2026, $89.1 million in Q1 2026, and $82.0 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Chime Financial | 12.78 Bn | 11.72 Bn | 594.87 Mn | 573.55 Mn |
| 2 | Jack Henry & Associates | 11.61 Bn | 11.60 Bn | 273.85 Mn | 507.25 Mn |
| 3 | Dave | 4.36 Bn | 4.10 Bn | 159.27 Mn | 118.55 Mn |
| 4 | Q2 Holdings | 3.87 Bn | 3.77 Bn | 130.20 Mn | 100.86 Mn |
| 5 | nCino | 2.43 Bn | 2.36 Bn | 100.77 Mn | 87.16 Mn |
| 6 | Alkami Technology | 2.11 Bn | 2.02 Bn | 73.81 Mn | 81.52 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 87.16 Mn |
| 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 |