SAIL vs. NCNO

Last updated Apr 2, 2026

Compare and contrast key facts about SailPoint, Inc (SAIL) and nCino, Inc. (NCNO).

Performance

SAIL vs. NCNO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SailPoint, Inc (SAIL) and nCino, Inc. (NCNO). The values are adjusted to include any dividend payments, if applicable.

SAIL vs. NCNO - Yearly Performance Comparison

	2026 (YTD)	2025
SAIL SailPoint, Inc	-33.96%	-8.05%
NCNO nCino, Inc.	-35.37%	-25.47%

Fundamentals

Market Cap SAIL : $7.45B NCNO : $1.91B
EPS SAIL : -$0.55 NCNO : $0.04
PS Ratio SAIL : 7.07 NCNO : 3.22
PB Ratio SAIL : 1.09 NCNO : 1.81
Total Revenue (TTM) SAIL : $1.02B NCNO : $594.78M
Gross Profit (TTM) SAIL : $671.42M NCNO : $360.17M
EBITDA (TTM) SAIL : $45.07M NCNO : $54.01M

Returns By Period

The year-to-date returns for both stocks are quite close, with SAIL having a -33.96% return and NCNO slightly lower at -35.37%.

SAIL

• 1D: 0.91%
• 1M: -6.83%
• YTD: -33.96%
• 6M: -41.38%
• 1Y: -26.95%
• 3Y*: —
• 5Y*: —
• 10Y*: —

NCNO

• 1D: 10.61%
• 1M: 2.73%
• YTD: -35.37%
• 6M: -36.63%
• 1Y: -41.07%
• 3Y*: -12.55%
• 5Y*: -24.90%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

SAIL vs. NCNO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SAIL

SAIL Risk / Return Rank: 19
SAIL Sharpe Ratio Rank: 19
SAIL Sortino Ratio Rank: 21
SAIL Omega Ratio Rank: 21
SAIL Calmar Ratio Rank: 21
SAIL Martin Ratio Rank: 13

NCNO

NCNO Risk / Return Rank: 10
NCNO Sharpe Ratio Rank: 7
NCNO Sortino Ratio Rank: 9
NCNO Omega Ratio Rank: 9
NCNO Calmar Ratio Rank: 17
NCNO Martin Ratio Rank: 8

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SAIL vs. NCNO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SailPoint, Inc (SAIL) and nCino, Inc. (NCNO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	SAIL	NCNO	Difference
Sharpe ratio Return per unit of total volatility	-0.48	-0.84	+0.36
Sortino ratio Return per unit of downside risk	-0.37	-1.11	+0.74
Omega ratio Gain probability vs. loss probability	0.95	0.86	+0.10
Calmar ratio Return relative to maximum drawdown	-0.56	-0.69	+0.14
Martin ratio Return relative to average drawdown	-1.33	-1.53	+0.20
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SAIL vs. NCNO - Sharpe Ratio Comparison

The current SAIL Sharpe Ratio is -0.48, which is higher than the NCNO Sharpe Ratio of -0.84. The chart below compares the historical Sharpe Ratios of SAIL and NCNO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	SAIL	NCNO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.48	-0.84	+0.36
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	-0.47	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.62	-0.48	-0.15

Correlation

The correlation between SAIL and NCNO is 0.45, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

SAIL vs. NCNO - Dividend Comparison

Neither SAIL nor NCNO has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

SAIL vs. NCNO - Drawdown Comparison

The maximum SAIL drawdown since its inception was -54.20%, smaller than the maximum NCNO drawdown of -85.71%. Use the drawdown chart below to compare losses from any high point for SAIL and NCNO.

Drawdown Indicators

	SAIL	NCNO	Difference
Max Drawdown Largest peak-to-trough decline	-54.20%	-85.71%	+31.51%
Max Drawdown (1Y) Largest decline over 1 year	-51.48%	-57.14%	+5.66%
Max Drawdown (5Y) Largest decline over 5 years	—	-82.07%	—
Current Drawdown Current decline from peak	-48.02%	-83.10%	+35.08%
Average Drawdown Average peak-to-trough decline	-24.56%	-58.34%	+33.78%
Ulcer Index Depth and duration of drawdowns from previous peaks	21.62%	25.92%	-4.30%

Volatility

SAIL vs. NCNO - Volatility Comparison

SailPoint, Inc (SAIL) has a higher volatility of 22.61% compared to nCino, Inc. (NCNO) at 17.69%. This indicates that SAIL's price experiences larger fluctuations and is considered to be riskier than NCNO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SAIL	NCNO	Difference
Volatility (1M) Calculated over the trailing 1-month period	22.61%	17.69%	+4.92%
Volatility (6M) Calculated over the trailing 6-month period	40.82%	35.10%	+5.72%
Volatility (1Y) Calculated over the trailing 1-year period	56.51%	49.19%	+7.32%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	57.49%	53.21%	+4.28%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	57.49%	54.44%	+3.05%

Financials

SAIL vs. NCNO - Profitability Comparison

The chart below illustrates the profitability comparison between SailPoint, Inc and nCino, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

SAIL - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, SailPoint, Inc reported a gross profit of 187.05M and revenue of 281.94M. Therefore, the gross margin over that period was 66.3%.

NCNO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, nCino, Inc. reported a gross profit of 91.92M and revenue of 149.67M. Therefore, the gross margin over that period was 61.4%.

SAIL - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, SailPoint, Inc reported an operating income of -41.62M and revenue of 281.94M, resulting in an operating margin of -14.8%.

NCNO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, nCino, Inc. reported an operating income of 2.82M and revenue of 149.67M, resulting in an operating margin of 1.9%.

SAIL - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, SailPoint, Inc reported a net income of -35.98M and revenue of 281.94M, resulting in a net margin of -12.8%.

NCNO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, nCino, Inc. reported a net income of 8.34M and revenue of 149.67M, resulting in a net margin of 5.6%.