nCino (NCNO) Research & Development (2021 - 2026)
nCino's (NCNO) quarterly Research & Development came in at $30.0 million in Q1 2026, down 6.7% year-on-year from $32.1 million in Q1 2025, and up 1.48% quarter-over-quarter from $29.5 million in Q4 2025.
nCino (NCNO) Research & Development (2021 - 2026) Analysis & Trends
nCino has disclosed Research & Development across 6 years of filings, most recently posting $30.0 million for Q1 2026.
- Research & Development for Q1 2026 came in at $30.0 million, down 6.7% year-over-year; the trailing twelve-month figure through Jan 2026 was $127.5 million (down 1.46% YoY), and the FY2026 annual result 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.
- The 5-year median for Research & Development is $30.0 million (2026), against an average of $30.5 million.
- Across the five-year window, Research & Development soared 67.09% in 2022 and retreated 10.59% in 2025, its largest moves.
- nCino's Research & Development stood at $29.5 million in 2022, then retreated by 1.45% to $29.0 million in 2023, then increased by 13.76% to $33.0 million in 2024, then declined by 10.59% to $29.5 million in 2025, then advanced by 1.48% to $30.0 million in 2026.
- The last three Research & Development figures came in at $30.0 million (Q1 2026), $29.5 million (Q4 2025), and $34.7 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | -1.99 Bn |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | -37.02 Mn |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 951.00 Mn |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | 437.00 Mn |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 1.63 Bn |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 508.44 Mn |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 823.00 Mn |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 253.90 Mn |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 1.20 Bn |
| 10 | nCino | 1.68 Bn | 1.60 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 |