nCino (NCNO) Research & Development (2021 - 2026)
nCino (NCNO) reported Research & Development of $39.0 million for Q1 2026, up 21.41% on a YoY basis from $32.1 million in Q1 2025, and up 32.06% sequentially from $29.5 million in Q4 2025.
nCino (NCNO) Research & Development (2021 - 2026) Analysis & Trends
nCino (NCNO) has 6 years of Research & Development data on file, last reported at $39.0 million in Q1 2026.
- For the quarter ending Q1 2026, Research & Development rose 21.41% year-over-year to $39.0 million; the trailing twelve-month figure through Jan 2026 stood at $136.2 million (up 11.98% YoY), and the FY2026 full-year result was $136.6 million, up 5.52% from the prior year.
- Research & Development advanced to $39.0 million in Q1 2026, from $29.5 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $39.4 million in Q1 2023 to a low of $26.9 million in Q1 2022.
- A 5-year average of $32.0 million and a median of $31.7 million in 2024 frame the typical range for Research & Development.
- Across the five-year window, Research & Development surged 69.19% in 2022 and dropped 23.36% in 2024, its largest moves.
- Tracing NCNO's Research & Development over 5 years: stood at $29.5 million in 2022, then jumped by 30.45% to $38.4 million in 2023, then slipped by 22.67% to $29.7 million in 2024, then retreated by 0.63% to $29.5 million in 2025, then surged by 32.06% to $39.0 million in 2026.
- Business Quant data shows NCNO's Research & Development at $39.0 million in Q1 2026, $29.5 million in Q4 2025, and $34.7 million in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | -1.99 Bn |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | -37.02 Mn |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | 496.00 Mn |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 1.33 Bn |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 3.77 Bn |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 1.37 Bn |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | 253.90 Mn |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | 588.95 Mn |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 508.44 Mn |
| 10 | nCino | 1.83 Bn | 1.76 Bn | 91.92 Mn | 39.01 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 39.01 Mn |
| Oct 31, 2025 | 29.54 Mn |
| Jul 31, 2025 | 34.67 Mn |
| Apr 30, 2025 | 32.97 Mn |
| Jan 31, 2025 | 32.13 Mn |
| Oct 31, 2024 | 29.73 Mn |
| Jul 31, 2024 | 31.71 Mn |
| Apr 30, 2024 | 28.05 Mn |
| Jan 31, 2024 | 30.18 Mn |
| Oct 31, 2023 | 38.45 Mn |
| Jul 31, 2023 | 32.16 Mn |
| Apr 30, 2023 | 28.20 Mn |
| Jan 31, 2023 | 39.38 Mn |
| Oct 31, 2022 | 29.47 Mn |
| Jul 31, 2022 | 32.51 Mn |
| Apr 30, 2022 | 29.12 Mn |
| Jan 31, 2022 | 26.91 Mn |
| Oct 31, 2021 | 19.96 Mn |
| Jul 31, 2021 | 19.22 Mn |
| Apr 30, 2021 | 18.43 Mn |