nCino (NCNO) Operating Leases (2022 - 2026)

nCino (NCNO) reported Operating Leases of $9.7 million for Q1 2026, down 23.96% on a YoY basis from $12.8 million in Q1 2025, and down 3.87% sequentially from $10.1 million in Q4 2025.

nCino (NCNO) Operating Leases (2022 - 2026) Analysis & Trends

nCino (NCNO) has 5 years of Operating Leases data on file, last reported at $9.7 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Leases fell 23.96% year-over-year to $9.7 million; the trailing twelve-month figure through Jan 2026 stood at $9.7 million (down 23.96% YoY), and the FY2026 full-year result was $9.7 million, down 23.96% from the prior year.
  • Operating Leases retreated to $9.7 million in Q1 2026, from $10.1 million in the prior quarter.
  • In the past five years, Operating Leases ranged from a high of $16.4 million in Q1 2024 to a low of $6.5 million in Q4 2023.
  • A 5-year average of $11.2 million and a median of $11.2 million in 2022 frame the typical range for Operating Leases.
  • Across the five-year window, Operating Leases slumped 34.97% in 2023 and surged 125.53% in 2024, its largest moves.
  • Tracing NCNO's Operating Leases over 5 years: stood at $9.7 million in 2022, then sank by 33.17% to $6.5 million in 2023, then surged by 83.11% to $11.8 million in 2024, then retreated by 14.28% to $10.1 million in 2025, then decreased by 3.87% to $9.7 million in 2026.
  • Business Quant data shows NCNO's Operating Leases at $9.7 million in Q1 2026, $10.1 million in Q4 2025, and $14.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Sap Se 199.03 Bn 178.80 Bn 8.16 Bn
2 Full Truck Alliance 193.86 Bn 191.15 Bn -
3 Shopify 160.81 Bn 155.07 Bn 1.55 Bn
4 Salesforce 149.68 Bn 137.84 Bn 8.56 Bn
5 Uber Technologies 136.80 Bn 135.59 Bn 5.95 Bn
6 ServiceNow 106.26 Bn 101.60 Bn 2.82 Bn
7 Automatic Data Processing 102.57 Bn 99.34 Bn 2.87 Bn
8 Adobe 95.20 Bn 89.58 Bn 5.90 Bn
9 Cadence Design Systems 92.23 Bn 90.82 Bn 1.41 Bn
10 nCino 2.01 Bn 1.92 Bn 91.92 Mn

Historic Data

Download Data
DateValue
Jan 31, 2026 9.75 Mn
Oct 31, 2025 10.14 Mn
Jul 31, 2025 13.96 Mn
Apr 30, 2025 12.34 Mn
Jan 31, 2025 12.82 Mn
Oct 31, 2024 11.83 Mn
Jul 31, 2024 12.51 Mn
Apr 30, 2024 13.42 Mn
Jan 31, 2024 16.42 Mn
Oct 31, 2023 6.46 Mn
Jul 31, 2023 9.27 Mn
Apr 30, 2023 10.27 Mn
Jan 31, 2023 7.28 Mn
Oct 31, 2022 9.67 Mn
Jul 31, 2022 9.47 Mn
Apr 30, 2022 13.52 Mn
Jan 31, 2022 11.20 Mn