nCino (NCNO) Operating Expenses (2021 - 2026)
nCino recorded quarterly Operating Expenses of $89.1 million in Q1 2026, up 8.69% quarter-over-quarter from $82.0 million in Q4 2025, and down 1.11% year-over-year from $90.1 million in Q1 2025.
nCino's Operating Expenses history runs 6 years deep, the most recent figure standing at $89.1 million for Q1 2026.
- In Q1 2026, Operating Expenses fell 1.11% year-over-year to $89.1 million; the TTM figure through Jan 2026 stood at $356.4 million (up 3.94% YoY), while the FY2026 annual figure was $356.4 million, up 3.94% from the prior year.
- Operating Expenses came in at $89.1 million for Q1 2026 at nCino, up 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 soared 57.46% in 2022 and dropped 11.32% in 2024, its largest moves.
- nCino's Operating Expenses stood at $80.6 million in 2022, then advanced by 7.74% to $86.8 million in 2023, then retreated by 1.09% to $85.9 million in 2024, then declined by 4.55% to $82.0 million in 2025, then advanced by 8.69% to $89.1 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $89.1 million, $82.0 million, and $97.4 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | -7.98 Bn |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 6.82 Bn |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 11.28 Bn |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | 1.16 Bn |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 2.33 Bn |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 1.04 Bn |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 3.32 Bn |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 4.23 Bn |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 4.54 Bn |
| 10 | nCino | 1.81 Bn | 1.74 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 |