nCino, Inc.
For the period ended Jan 31, 2026. Filed Mar 31, 2026.
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FY2026 · Filed Mar 31, 2026
NCNO$22.47-2.0%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Operations
(In thousands, except share and per share data)
| Fiscal Year Ended January 31, | |||
|---|---|---|---|
| 2024 | 2025 | 2026 | |
| Revenues | |||
| Subscription | $409,479 | $469,168 | $523,134 |
| Professional services and other | 67,064 | 71,489 | 71,647 |
| Total revenues | 476,543 | 540,657 | 594,781 |
| Cost of revenues | |||
| Subscription | 120,861 | 134,932 | 149,562 |
| Professional services and other | 70,609 | 80,937 | 85,050 |
| Total cost of revenues | 191,470 | 215,869 | 234,612 |
| Gross profit | 285,073 | 324,788 | 360,169 |
| Operating expenses | |||
| Sales and marketing | 130,547 | 123,231 | 136,560 |
| Research and development | 117,311 | 129,422 | 127,528 |
| General and administrative | 76,727 | 90,266 | 92,354 |
| Total operating expenses | 324,585 | 342,919 | 356,442 |
| Income (loss) from operations | (39,512) | (18,131) | 3,727 |
| Non-operating income (expense) | |||
| Interest income | 2,567 | 1,761 | 1,429 |
| Interest expense | (4,135) | (8,763) | (17,457) |
| Other income (expense), net | (856) | (10,427) | 19,008 |
| Income (loss) before income taxes | (41,936) | (35,560) | 6,707 |
| Income tax provision (benefit) | 1,590 | (2,511) | (2,996) |
| Net income (loss) | (43,526) | (33,049) | 9,703 |
| Net income (loss) attributable to redeemable non-controlling interest (Note 2) | (1,109) | (472) | 141 |
| Adjustment attributable to redeemable non-controlling interest (Note 2) | (71) | 5,301 | 4,382 |
| Net income (loss) attributable to nCino, Inc. | $(42,346) | $(37,878) | $5,180 |
| Net income (loss) per share attributable to nCino, Inc.: | |||
| Basic | $(0.38) | $(0.33) | $0.05 |
| Diluted | $(0.38) | $(0.33) | $0.05 |
| Weighted average number of common shares outstanding: | |||
| Basic | 112,672,397 | 115,162,175 | 112,883,703 |
| Diluted | 112,672,397 | 115,162,175 | 114,346,567 |
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