nCino (NCNO) Research & Development (2021 - 2026)
nCino recorded quarterly Research & Development of $30.0 million in Q1 2026, up 1.48% quarter-over-quarter from $29.5 million in Q4 2025, and down 6.7% year-over-year from $32.1 million in Q1 2025.
nCino's Research & Development history runs 6 years deep, the most recent figure standing at $30.0 million for Q1 2026.
- In Q1 2026, Research & Development fell 6.7% year-over-year to $30.0 million; the TTM figure through Jan 2026 stood at $127.5 million (down 1.46% YoY), while the FY2026 annual figure was $127.5 million, down 1.46% from the prior year.
- Research & Development came in at $30.0 million for Q1 2026 at nCino, up from $29.5 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $34.7 million in Q3 2025 to a low of $23.4 million in Q1 2022.
- A 5-year average of $30.5 million and a median of $30.0 million in 2026 frame the typical range for Research & Development.
- Across the five-year window, Research & Development jumped 67.09% in 2022 and decreased 10.59% in 2025, its largest moves.
- nCino's Research & Development stood at $29.5 million in 2022, then decreased by 1.45% to $29.0 million in 2023, then rose by 13.76% to $33.0 million in 2024, then fell by 10.59% to $29.5 million in 2025, then climbed by 1.48% to $30.0 million in 2026.
- According to Business Quant data, Research & Development over the past three periods registered $30.0 million, $29.5 million, and $34.7 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | -1.99 Bn |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 1.62 Bn |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 951.00 Mn |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | 437.00 Mn |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 823.00 Mn |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 508.44 Mn |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 1.11 Bn |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 253.90 Mn |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 840.00 Mn |
| 10 | nCino | 1.81 Bn | 1.74 Bn | 91.92 Mn | 29.98 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Apr 30, 2021 | 17.43 Mn |