nCino (NCNO) Tax Rate (2021 - 2026)
nCino's (NCNO) quarterly Tax Rate came in at 19.26% in Q3 2026, up 2892.0% year-over-year from 0.64% in Q3 2025, and up 101.79% quarter-over-quarter from 1078.28% in Q1 2026.
Analysis
nCino (NCNO) Tax Rate (2021 - 2026) Analysis & Trends
nCino has disclosed Tax Rate across 6 years of filings, most recently posting 19.26% for Q3 2026.
- In Q3 2026, Tax Rate rose 2892.0% year-over-year to 19.26%; the TTM figure through Jul 2026 stood at 147.16% (down 12774.0% YoY), while the FY2026 annual figure was 44.67%, down 5173.0% from the prior year.
- Tax Rate came in at 19.26% for Q3 2026 at nCino, up from 1078.28% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 178.25% in Q1 2024 to a low of 1078.28% in Q1 2026.
- Average Tax Rate over 5 years is 52.19%, with a median of 6.21% recorded in 2022.
- Year-over-year, Tax Rate surged 18787 bps in 2024 and plunged 109819 bps in 2026.
- Over 5 years, Tax Rate stood at 3.65% in 2022, then plunged by 217 bps to 11.58% in 2023, then tumbled by 1331 bps to 165.64% in 2024, then soared by 95 bps to 8.78% in 2025, then surged by 319 bps to 19.26% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 19.26% in Q3 2026, 1078.28% in Q1 2026, and 8.78% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Chime Financial | 12.78 Bn | 11.72 Bn | 594.87 Mn | 0.76% |
| 2 | Jack Henry & Associates | 11.61 Bn | 11.60 Bn | 273.85 Mn | 20.40% |
| 3 | Dave | 4.36 Bn | 4.10 Bn | 159.27 Mn | 54.42% |
| 4 | Q2 Holdings | 3.87 Bn | 3.77 Bn | 130.20 Mn | 5.86% |
| 5 | nCino | 2.43 Bn | 2.36 Bn | 100.77 Mn | 19.26% |
| 6 | Alkami Technology | 2.11 Bn | 2.02 Bn | 73.81 Mn | 2.33% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 19.26% |
| Jan 31, 2026 | -1,078.28% |
| Oct 31, 2025 | -8.78% |
| Jul 31, 2025 | -9.66% |
| Apr 30, 2025 | 42.97% |
| Jan 31, 2025 | 19.90% |
| Oct 31, 2024 | -165.64% |
| Jul 31, 2024 | -18.91% |
| Apr 30, 2024 | 56.49% |
| Jan 31, 2024 | 178.25% |
| Oct 31, 2023 | -11.58% |
| Jul 31, 2023 | -10.63% |
| Apr 30, 2023 | -13.59% |
| Jan 31, 2023 | -9.63% |
| Oct 31, 2022 | -3.65% |
| Jul 31, 2022 | -3.00% |
| Apr 30, 2022 | -1.91% |
| Jan 31, 2022 | 79.03% |
| Oct 31, 2021 | -2.68% |
| Jul 31, 2021 | -3.54% |