nCino (NCNO) Research & Development (2021 - 2026)
nCino (NCNO) posted Research & Development of $31.03 million for fiscal Q2 2027 (quarter ended Jul 31, 2026), down 10.5% from $34.67 million a year earlier.
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Analysis
nCino (NCNO) Research & Development (2021 - 2026) Analysis & Trends
For the trailing twelve months through Jul 31, 2026, Research & Development at nCino was $125.22 million, down 6.0% year-over-year; for FY2026 (ended Jan 31, 2026), it was $127.53 million, down 1.5% from FY2025.
- Annual Research & Development shows a five-year compound annual growth rate of 17.0% (FY2021 to FY2026).
- In prior fiscal years, nCino's Research & Development was $129.42 million in FY2025 (+10.3%), $117.31 million in FY2024 (-3.5%), $121.58 million in FY2023 (+53.2%) and $79.36 million in FY2022 (+36.2%).
- Quarterly Research & Development has run from a low of $19.96 million in fiscal Q3 2022 to a high of $34.67 million in fiscal Q2 2026 over five years.
- On a year-over-year basis, Research & Development increased in four of the last seven quarters, with growth averaging 0.7%.
- The strongest year-over-year quarter for Research & Development in the past five years was fiscal Q1 2023, with growth of 67.1%; the weakest was fiscal Q3 2026, with a decline of 10.6%.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Coinbase Global | 50.59 Bn | 7.40 Bn | - | 472.85 Mn |
| 2 | PayPal Holdings | 46.79 Bn | 5.01 Bn | - | 849.00 Mn |
| 3 | Block | 44.05 Bn | 15.31 Bn | 3.17 Bn | 608.66 Mn |
| 4 | Iren | 31.74 Bn | 19.34 Bn | 103.89 Mn | - |
| 5 | Corpay | 26.01 Bn | 16.21 Bn | - | - |
| 6 | Fiserv | 24.47 Bn | 21.17 Bn | 2.90 Bn | - |
| 7 | Global Payments | 22.51 Bn | 952.73 Mn | 2.03 Bn | - |
| 8 | Bitmine Immersion Technologies | 15.56 Bn | 12.94 Bn | 40.81 Mn | - |
| 9 | Guidewire Software | 11.90 Bn | 8.47 Bn | 269.68 Mn | 90.59 Mn |
| 10 | nCino | 1.96 Bn | 1.59 Bn | 100.77 Mn | 31.03 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 31.03 Mn |
| Jan 31, 2026 | 29.98 Mn |
| Oct 31, 2025 | 29.54 Mn |
| Jul 31, 2025 | 34.67 Mn |
| Apr 30, 2025 | 33.34 Mn |
| Jan 31, 2025 | 32.13 Mn |
| Oct 31, 2024 | 33.04 Mn |
| Jul 31, 2024 | 34.27 Mn |
| Apr 30, 2024 | 29.98 Mn |
| Jan 31, 2024 | 30.18 Mn |
| Oct 31, 2023 | 29.04 Mn |
| Jul 31, 2023 | 29.89 Mn |
| Apr 30, 2023 | 28.20 Mn |
| Jan 31, 2023 | 33.29 Mn |
| Oct 31, 2022 | 29.47 Mn |
| Jul 31, 2022 | 29.70 Mn |
| Apr 30, 2022 | 29.12 Mn |
| Jan 31, 2022 | 23.37 Mn |
| Oct 31, 2021 | 19.96 Mn |
| Jul 31, 2021 | 18.61 Mn |
API Access
nCino Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=NCNO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "NCNO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=NCNO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();