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
DateValue
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