nCino (NCNO) Financials

$14.97 +0.36 (+2.46%)

Closing price 05/15/2026 04:00 PM Eastern

Extended Trading

$14.98 +0.00 (+0.03%)

As of 05/15/2026 07:16 PM Eastern

Annual Income Statements for nCino

This table shows nCino's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2020	2021	2022	2023	2024	2025	2026
Period end date	1/31/2020	1/31/2021	1/31/2022	1/31/2023	1/31/2024	1/31/2025	1/31/2026
Net Income / (Loss) Attributable to Common Shareholders	-28	-41	-49	-103	-42	-38	5.18
Consolidated Net Income / (Loss)	-28	-41	-50	-102	-44	-33	9.70
Net Income / (Loss) Continuing Operations	-28	-41	-50	-102	-44	-33	9.70
Total Pre-Tax Income	-27	-41	-74	-98	-42	-36	6.71
Total Operating Income	-28	-43	-71	-94	-40	-18	3.73
Total Gross Profit	74	116	162	239	285	325	360
Total Revenue	138	204	274	408	477	541	595
Operating Revenue	138	204	274	408	477	541	595
Total Cost of Revenue	64	88	111	170	191	216	235
Operating Cost of Revenue	64	88	111	170	191	216	235
Total Operating Expenses	102	159	234	333	325	343	356
Selling, General & Admin Expense	23	41	72	83	77	90	92
Marketing Expense	44	60	83	128	131	123	137
Research & Development Expense	35	58	79	122	117	129	128
Total Other Income / (Expense), net	1.02	1.92	-2.60	-3.76	-2.42	-17	2.98
Interest Expense	0.00	0.13	1.51	2.81	4.14	8.76	17
Interest & Investment Income	0.99	0.36	0.19	0.40	2.57	1.76	1.43
Other Income / (Expense), net	0.03	1.69	-1.28	-1.36	-0.86	-10	19
Income Tax Expense	0.59	0.59	-24	4.07	1.59	-2.51	-3.00
Net Income / (Loss) Attributable to Noncontrolling Interest	-0.14	-1.13	-1.57	-1.12	-1.11	-0.47	0.14
Other Adjustments to Net Income / (Loss) Attributable to Common Shareholders)	0.00	0.40	0.89	2.00	-0.07	5.30	4.38
Basic Earnings per Share	($0.35)	($0.46)	($0.51)	($0.93)	($0.38)	($0.33)	$0.05
Weighted Average Basic Shares Outstanding	78.32M	87.68M	96.72M	110.62M	112.67M	115.16M	112.88M
Diluted Earnings per Share	($0.35)	($0.46)	($0.51)	($0.93)	($0.38)	($0.33)	$0.05
Weighted Average Diluted Shares Outstanding	78.32M	87.68M	96.72M	110.62M	112.67M	115.16M	114.35M
Weighted Average Basic & Diluted Shares Outstanding	-	-	109.96M	111.87M	114.22M	116.45M	114.53M

This table shows nCino's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026	Q3 2026	Q4 2026
Period end date	7/31/2023	10/31/2023	1/31/2024	4/30/2024	7/31/2024	10/31/2024	1/31/2025	4/30/2025	7/31/2025	10/31/2025	1/31/2026
Net Income / (Loss) Attributable to Common Shareholders	-16	-16	1.16	-2.98	-11	-5.25	-19	5.56	-15	6.54	8.34
Consolidated Net Income / (Loss)	-16	-17	1.37	-2.30	-11	-4.15	-16	6.02	-14	8.62	8.79
Net Income / (Loss) Continuing Operations	-16	-17	1.37	-2.30	-11	-4.15	-16	6.02	-14	8.62	8.79
Total Pre-Tax Income	-15	-15	-1.76	-5.28	-9.27	-1.56	-19	11	-13	7.92	0.75
Total Operating Income	-15	-13	-3.19	-3.66	-7.91	-0.82	-5.74	-1.51	-9.30	12	2.82
Total Gross Profit	69	74	74	77	78	85	84	86	88	94	92
Total Revenue	117	122	124	128	132	139	141	144	149	152	150
Operating Revenue	117	122	124	128	132	139	141	144	149	152	150
Total Cost of Revenue	48	48	49	51	54	54	57	58	61	58	58
Operating Cost of Revenue	48	48	49	51	54	54	57	58	61	58	58
Total Operating Expenses	84	87	78	81	86	86	90	88	97	82	89
Selling, General & Admin Expense	22	19	17	23	20	23	24	22	25	19	26
Marketing Expense	32	38	30	28	32	30	34	33	37	33	33
Research & Development Expense	30	29	30	30	34	33	32	33	35	30	30
Total Other Income / (Expense), net	0.26	-2.49	1.43	-1.62	-1.36	-0.74	-14	12	-3.21	-3.80	-2.07
Interest Expense	1.04	0.85	0.86	1.48	1.84	1.65	3.80	4.45	4.44	4.34	4.23
Interest & Investment Income	0.84	0.69	0.51	0.61	0.32	0.48	0.35	0.42	0.51	0.34	0.16
Other Income / (Expense), net	0.47	-2.32	1.78	-0.74	0.15	0.43	-10	16	0.72	0.20	1.99
Income Tax Expense	1.55	1.78	-3.13	-2.98	1.75	2.59	-3.87	4.53	1.21	-0.70	-8.04
Net Income / (Loss) Attributable to Noncontrolling Interest	-0.27	-0.32	-0.24	-0.17	-0.06	-0.19	-0.06	0.08	-0.07	-0.03	0.17
Other Adjustments to Net Income / (Loss) Attributable to Common Shareholders)	0.07	-0.48	0.46	0.84	0.08	1.29	3.10	0.38	1.61	2.11	0.28
Basic Earnings per Share	($0.14)	($0.15)	$0.01	($0.03)	($0.10)	($0.05)	($0.15)	$0.05	($0.13)	$0.06	$0.07
Weighted Average Basic Shares Outstanding	112.40M	112.95M	112.67M	114.20M	115.18M	115.61M	115.16M	114.78M	115.26M	114.41M	112.88M
Diluted Earnings per Share	($0.14)	($0.15)	$0.01	($0.03)	($0.10)	($0.05)	($0.15)	$0.05	($0.13)	$0.06	$0.07
Weighted Average Diluted Shares Outstanding	112.40M	112.95M	112.67M	114.20M	115.18M	115.61M	115.16M	116.58M	115.26M	115.83M	114.35M
Weighted Average Basic & Diluted Shares Outstanding	112.91M	113.13M	114.22M	115.08M	115.56M	115.79M	116.45M	115.94M	115.81M	114.68M	114.53M

This table details how cash moves in and out of nCino's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2020	2021	2022	2023	2024	2025	2026
Period end date	1/31/2020	1/31/2021	1/31/2022	1/31/2023	1/31/2024	1/31/2025	1/31/2026
Net Change in Cash & Equivalents	17	280	-283	-0.98	30	3.82	-33
Net Cash From Operating Activities	-9.00	9.22	-19	-15	57	55	90
Net Cash From Continuing Operating Activities	-9.00	9.22	-19	-15	57	55	90
Net Income / (Loss) Continuing Operations	-28	-41	-50	-102	-44	-33	9.70
Consolidated Net Income / (Loss)	-28	-41	-50	-102	-44	-33	9.70
Depreciation Expense	4.61	7.43	10	35	45	36	42
Amortization Expense	3.24	4.68	5.78	8.64	10	12	15
Non-Cash Adjustments To Reconcile Net Income	0.01	15	22	44	54	64	37
Changes in Operating Assets and Liabilities, net	11	24	-6.81	-1.02	-8.43	-24	-14
Net Cash From Investing Activities	-58	-4.34	-278	-21	-6.33	-219	-54
Net Cash From Continuing Investing Activities	-58	-4.34	-278	-21	-6.33	-219	-54
Purchase of Property, Plant & Equipment	-5.76	-4.34	-5.46	-18	-3.52	-1.82	-7.50
Acquisitions	-52	0.00	-269	0.11	-0.36	-217	-50
Purchase of Investments	0.00	0.00	-4.03	-2.50	-2.50	0.00	0.00
Sale of Property, Plant & Equipment	-	-	0.00	0.00	0.04	0.00	0.00
Sale and/or Maturity of Investments	-	-	-	-	0.00	0.00	3.68
Net Cash From Financing Activities	84	274	16	37	-21	170	-73
Net Cash From Continuing Financing Activities	84	274	16	37	-21	170	-73
Repayment of Debt	-	0.00	0.00	-20	-30	-76	-65
Repurchase of Common Equity	-0.05	-2.77	-0.21	-	0.00	0.00	-125
Issuance of Debt	-	0.00	0.00	50	0.00	241	113
Issuance of Common Equity	85	268	2.54	4.45	5.64	4.47	4.22
Other Financing Activities, net	-0.37	8.51	14	2.63	3.24	1.49	0.35
Effect of Exchange Rate Changes	-0.23	1.24	-1.23	-1.59	0.18	-2.68	4.47
Cash Interest Paid	0.00	0.13	1.51	2.62	4.32	8.75	16

This table details how cash moves in and out of nCino's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026	Q3 2026	Q4 2026
Period end date	7/31/2023	10/31/2023	1/31/2024	4/30/2024	7/31/2024	10/31/2024	1/31/2025	4/30/2025	7/31/2025	10/31/2025	1/31/2026
Net Change in Cash & Equivalents	-0.13	2.45	12	17	-8.07	131	-137	12	-10	-35	0.80
Net Cash From Operating Activities	12	5.87	8.15	54	5.00	5.78	-10	54	18	5.07	13
Net Cash From Continuing Operating Activities	12	5.87	8.15	54	5.00	5.78	-10	54	18	5.07	13
Net Income / (Loss) Continuing Operations	-16	-17	1.37	-2.30	-11	-4.15	-16	5.56	-13	8.62	8.79
Consolidated Net Income / (Loss)	-16	-17	1.37	-2.30	-11	-4.15	-16	5.56	-13	8.62	8.79
Depreciation Expense	9.17	19	7.93	8.29	8.93	8.91	10	11	11	11	10
Amortization Expense	2.48	2.55	2.61	2.75	2.93	3.11	3.35	3.66	3.71	3.87	4.10
Non-Cash Adjustments To Reconcile Net Income	15	17	11	13	16	13	21	-1.23	16	13	8.92
Changes in Operating Assets and Liabilities, net	1.65	-15	-14	32	-12	-15	-29	35	0.80	-31	-19
Net Cash From Investing Activities	-0.86	-3.12	-0.39	-91	-0.70	-0.83	-126	-48	-5.15	-0.17	-0.46
Net Cash From Continuing Investing Activities	-0.86	-3.12	-0.39	-91	-0.70	-0.83	-126	-48	-5.15	-0.17	-0.46
Purchase of Property, Plant & Equipment	-0.86	-0.62	-0.43	-0.34	-0.44	-0.68	-0.35	-1.72	-5.15	-0.17	-0.46
Net Cash From Financing Activities	-12	1.63	2.92	56	-13	125	2.04	2.25	-22	-40	-13
Net Cash From Continuing Financing Activities	-12	1.63	2.92	56	-13	125	2.04	2.25	-22	-40	-13
Repurchase of Common Equity	-	-	-	0.00	-	-	-	-41	-20	-39	-25
Issuance of Debt	-	-	-	75	-	166	-	103	-	-	10
Issuance of Common Equity	-	0.98	1.96	-	-	-	1.95	-	-	-	1.77
Other Financing Activities, net	0.50	0.65	0.96	1.24	-0.23	0.29	0.19	0.34	0.13	-0.15	0.03
Effect of Exchange Rate Changes	0.57	-1.93	0.94	-1.80	0.45	1.26	-2.58	4.04	-0.51	-0.61	1.54
Cash Interest Paid	1.09	0.88	0.86	0.82	2.02	2.00	3.90	4.15	4.11	4.07	3.65

This table presents nCino's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2021	2022	2023	2024	2025	2026
Period end date	1/31/2021	1/31/2022	1/31/2023	1/31/2024	1/31/2025	1/31/2026
Total Assets	563	1,301	1,327	1,340	1,610	1,648
Total Current Assets	442	184	207	251	302	294
Cash & Equivalents	371	88	82	112	121	88
Accounts Receivable	56	75	99	113	147	167
Prepaid Expenses	10	13	16	15	21	21
Other Current Assets	4.86	7.58	9.39	11	13	17
Plant, Property, & Equipment, net	30	61	84	79	75	76
Total Noncurrent Assets	91	1,057	1,036	1,011	1,233	1,279
Long-Term Investments	0.00	4.03	6.53	9.29	9.29	7.26
Goodwill	57	841	839	839	1,019	1,078
Intangible Assets	23	180	153	116	155	136
Other Noncurrent Operating Assets	11	31	37	47	50	58
Total Liabilities & Shareholders' Equity	563	1,301	1,327	1,340	1,610	1,648
Total Liabilities	134	231	300	288	513	579
Total Current Liabilities	116	174	205	215	252	294
Accounts Payable	6.00	11	12	12	14	15
Accrued Expenses	20	15	11	11	40	64
Current Deferred Revenue	89	123	155	171	191	211
Other Current Liabilities	0.32	4.17	4.89	5.12	6.83	5.05
Total Noncurrent Liabilities	19	56	94	73	261	285
Long-Term Debt	-	0.00	30	0.00	166	214
Noncurrent Deferred Revenue	2.43	0.04	-	0.00	0.27	0.17
Noncurrent Deferred & Payable Income Tax Liabilities	0.37	1.68	2.80	3.69	14	7.02
Other Noncurrent Operating Liabilities	16	54	62	69	81	64
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00
Redeemable Noncontrolling Interest	3.79	2.88	3.59	3.43	8.29	13
Total Equity & Noncontrolling Interests	425	1,068	1,024	1,049	1,089	1,056
Total Preferred & Common Equity	425	1,068	1,024	1,049	1,089	1,056
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	425	1,068	1,024	1,049	1,089	1,056
Common Stock	586	1,277	1,334	1,401	1,474	1,550
Retained Earnings	-161	-210	-310	-353	-385	-376
Treasury Stock	-	-	-	-	0.00	-126
Accumulated Other Comprehensive Income / (Loss)	0.24	-0.07	0.69	1.00	0.18	7.04

This table presents nCino's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025	Q2 2025	Q3 2025	Q1 2026	Q2 2026	Q3 2026
Period end date	7/31/2022	10/31/2022	4/30/2023	7/31/2023	10/31/2023	4/30/2024	7/31/2024	10/31/2024	4/30/2025	7/31/2025	10/31/2025
Total Assets	1,296	1,291	1,314	1,302	1,268	1,424	1,409	1,517	1,651	1,616	1,561
Total Current Assets	177	168	212	209	191	237	229	349	274	255	209
Cash & Equivalents	86	106	98	98	100	129	121	258	133	123	88
Accounts Receivable	68	40	81	81	62	79	79	65	104	98	87
Prepaid Expenses	14	13	23	21	19	17	17	14	22	19	20
Other Current Assets	8.15	8.66	9.37	9.50	9.72	11	12	12	14	14	15
Plant, Property, & Equipment, net	73	84	83	82	81	78	77	76	77	77	76
Total Noncurrent Assets	1,046	1,040	1,019	1,010	996	1,110	1,103	1,092	1,300	1,284	1,276
Long-Term Investments	4.03	4.03	6.53	6.53	9.03	9.29	9.29	9.29	7.26	7.26	7.26
Goodwill	841	840	839	839	839	908	908	909	1,081	1,071	1,071
Intangible Assets	166	159	146	139	122	143	136	128	161	152	143
Other Noncurrent Operating Assets	36	36	28	26	27	50	50	46	51	53	54
Total Liabilities & Shareholders' Equity	1,296	1,291	1,314	1,302	1,268	1,424	1,409	1,517	1,651	1,616	1,561
Total Liabilities	252	255	286	270	236	356	330	423	570	549	507
Total Current Liabilities	191	158	223	208	173	222	211	179	261	249	208
Accounts Payable	9.46	11	11	9.78	13	16	13	12	15	14	13
Accrued Expenses	26	25	9.74	12	11	8.82	7.93	12	35	34	38
Current Deferred Revenue	152	117	172	169	130	180	172	132	204	195	152
Other Current Liabilities	4.48	4.53	5.08	4.83	4.95	5.86	6.32	6.44	6.80	6.03	5.96
Total Noncurrent Liabilities	61	97	63	62	63	134	119	244	309	300	299
Long-Term Debt	-	30	0.00	0.00	0.00	55	40	166	209	204	204
Noncurrent Deferred Revenue	0.01	0.01	-	-	-	0.66	0.57	0.43	0.28	0.16	0.12
Noncurrent Deferred & Payable Income Tax Liabilities	2.16	2.28	2.48	2.92	3.24	10	11	11	21	19	18
Other Noncurrent Operating Liabilities	59	65	60	59	60	68	67	67	80	77	78
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Redeemable Noncontrolling Interest	3.22	4.09	3.18	3.00	3.20	4.11	4.13	5.24	8.73	10	12
Total Equity & Noncontrolling Interests	1,041	1,032	1,025	1,028	1,029	1,064	1,075	1,088	1,072	1,057	1,041
Total Preferred & Common Equity	1,041	1,032	1,025	1,028	1,029	1,064	1,075	1,088	1,072	1,057	1,041
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	1,041	1,032	1,025	1,028	1,029	1,064	1,075	1,088	1,072	1,057	1,041
Common Stock	1,306	1,319	1,346	1,365	1,382	1,418	1,439	1,456	1,491	1,511	1,527
Retained Earnings	-266	-289	-322	-338	-354	-355	-366	-370	-379	-393	-384
Treasury Stock	-	-	-	-	-	-	-	-	-41	-61	-100
Accumulated Other Comprehensive Income / (Loss)	1.22	1.76	0.82	0.84	0.91	0.87	1.41	1.62	1.55	-0.12	-0.76

This table displays calculated financial ratios and metrics derived from nCino's official financial filings.

Metric	2020	2021	2022	2023	2024	2025	2026
Period end date	1/31/2020	1/31/2021	1/31/2022	1/31/2023	1/31/2024	1/31/2025	1/31/2026
DEI Shares Outstanding	-	-	-	-	-	-	114,684,968.00
DEI Adjusted Shares Outstanding	-	-	-	-	-	-	114,684,968.00
DEI Earnings Per Adjusted Shares Outstanding	-	-	-	-	-	-	0.05
Growth Metrics	-	-	-	-	-	-	-
Revenue Growth	0.00%	47.85%	34.06%	49.09%	16.71%	13.45%	10.01%
EBITDA Growth	0.00%	-41.99%	-97.38%	8.39%	128.83%	32.68%	303.23%
EBIT Growth	0.00%	-45.41%	-77.52%	-31.30%	57.67%	29.26%	179.61%
NOPAT Growth	0.00%	-51.25%	-67.47%	-31.75%	57.97%	54.11%	142.48%
Net Income Growth	0.00%	-48.80%	-21.45%	-103.20%	57.26%	24.07%	129.36%
EPS Growth	0.00%	-31.43%	-10.87%	-82.35%	59.14%	13.16%	115.15%
Operating Cash Flow Growth	0.00%	202.49%	-308.51%	20.01%	472.44%	-3.64%	63.16%
Free Cash Flow Firm Growth	0.00%	0.00%	-1,011.21%	94.19%	118.10%	-2,202.88%	77.78%
Invested Capital Growth	0.00%	0.00%	1,600.34%	-0.96%	-3.91%	21.71%	4.69%
Revenue Q/Q Growth	0.00%	0.00%	0.00%	9.15%	3.14%	3.38%	1.41%
EBITDA Q/Q Growth	0.00%	0.00%	0.00%	25.48%	949.21%	-36.74%	36.80%
EBIT Q/Q Growth	0.00%	0.00%	0.00%	10.97%	30.58%	-104.53%	1,085.35%
NOPAT Q/Q Growth	0.00%	0.00%	0.00%	6.61%	33.77%	-16.39%	259.44%
Net Income Q/Q Growth	0.00%	0.00%	0.00%	-17.51%	34.72%	-105.30%	166.17%
EPS Q/Q Growth	0.00%	0.00%	0.00%	-14.81%	34.48%	-94.12%	129.41%
Operating Cash Flow Q/Q Growth	0.00%	0.00%	0.00%	-6.72%	111.25%	-24.76%	34.21%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	0.00%	218.93%	-165.49%	72.50%
Invested Capital Q/Q Growth	0.00%	0.00%	0.00%	1.43%	0.97%	14.22%	2.06%
Profitability Metrics	-	-	-	-	-	-	-
Gross Margin	53.63%	56.86%	59.32%	58.46%	59.82%	60.07%	60.55%
EBITDA Margin	-14.68%	-14.10%	-20.76%	-12.76%	3.15%	3.68%	13.51%
Operating Margin	-20.39%	-20.86%	-26.06%	-23.02%	-8.29%	-3.35%	0.63%
EBIT Margin	-20.36%	-20.03%	-26.52%	-23.36%	-8.47%	-5.28%	3.82%
Profit (Net Income) Margin	-20.07%	-20.20%	-18.30%	-24.94%	-9.13%	-6.11%	1.63%
Tax Burden Percent	102.16%	101.44%	67.77%	104.16%	103.79%	92.94%	144.67%
Interest Burden Percent	96.49%	99.44%	101.82%	102.52%	103.88%	124.52%	29.50%
Effective Tax Rate	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-44.67%
Return on Invested Capital (ROIC)	0.00%	-103.66%	-9.64%	-6.76%	-2.91%	-1.23%	0.46%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	-97.50%	-9.57%	41.09%	14.73%	46.33%	6.08%
Return on Net Nonoperating Assets (RNNOA)	0.00%	84.42%	2.96%	-2.95%	-1.27%	-1.84%	0.43%
Return on Equity (ROE)	0.00%	-19.24%	-6.69%	-9.71%	-4.18%	-3.07%	0.90%
Cash Return on Invested Capital (CROIC)	0.00%	-303.66%	-187.42%	-5.80%	1.08%	-20.81%	-4.12%
Operating Return on Assets (OROA)	0.00%	-7.26%	-7.79%	-7.26%	-3.03%	-1.94%	1.40%
Return on Assets (ROA)	0.00%	-7.33%	-5.38%	-7.75%	-3.26%	-2.24%	0.60%
Return on Common Equity (ROCE)	0.00%	-19.07%	-6.66%	-9.68%	-4.17%	-3.06%	0.89%
Return on Equity Simple (ROE_SIMPLE)	0.00%	-9.71%	-4.69%	-9.94%	-4.15%	-3.03%	0.00%
Net Operating Profit after Tax (NOPAT)	-20	-30	-50	-66	-28	-13	5.39
NOPAT Margin	-14.27%	-14.60%	-18.24%	-16.12%	-5.80%	-2.35%	0.91%
Net Nonoperating Expense Percent (NNEP)	0.00%	-6.16%	-0.07%	-47.85%	-17.64%	-47.56%	-5.61%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-6.24%	-2.64%	-1.01%	0.42%
Cost of Revenue to Revenue	46.37%	43.14%	40.68%	41.54%	40.18%	39.93%	39.45%
SG&A Expenses to Revenue	16.31%	19.96%	26.12%	20.44%	16.10%	16.70%	15.53%
R&D to Revenue	25.55%	28.52%	28.98%	29.78%	24.62%	23.94%	21.44%
Operating Expenses to Revenue	74.02%	77.71%	85.37%	81.49%	68.11%	63.43%	59.93%
Earnings before Interest and Taxes (EBIT)	-28	-41	-73	-95	-40	-29	23
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-20	-29	-57	-52	15	20	80
Valuation Ratios	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	0.00	0.00	3.10	3.39	3.62	2.32
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	99.82	37.59	0.00	0.00
Price to Revenue (P/Rev)	0.00	0.00	0.00	7.78	7.47	7.28	4.12
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	0.00	0.00	472.69
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.21%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.00	0.00	3.22	3.70	3.51	2.17
Enterprise Value to Revenue (EV/Rev)	0.00	0.00	0.00	7.64	7.23	7.37	4.34
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	0.00	0.00	229.35	199.90	32.11
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00	0.00	0.00	113.44
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00	0.00	0.00	478.34
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	0.00	0.00	60.11	72.14	28.64
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	337.05	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-
Debt to Equity	0.00	0.00	0.00	0.03	0.00	0.15	0.20
Long-Term Debt to Equity	0.00	0.00	0.00	0.03	0.00	0.15	0.20
Financial Leverage	0.00	-0.87	-0.31	-0.07	-0.09	-0.04	0.07
Leverage Ratio	0.00	1.31	1.24	1.25	1.28	1.37	1.50
Compound Leverage Factor	0.00	1.31	1.27	1.28	1.33	1.71	0.44
Debt to Total Capital	0.00%	0.00%	0.00%	2.84%	0.00%	13.14%	16.65%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	0.00%	0.00%	0.00%	2.84%	0.00%	13.14%	16.65%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.88%	0.27%	0.34%	0.33%	0.66%	0.99%
Common Equity to Total Capital	0.00%	99.12%	99.73%	96.82%	99.67%	86.21%	82.35%
Debt to EBITDA	0.00	0.00	0.00	-0.58	0.00	8.33	2.66
Net Debt to EBITDA	0.00	0.00	0.00	1.12	0.00	1.80	1.47
Long-Term Debt to EBITDA	0.00	0.00	0.00	-0.58	0.00	8.33	2.66
Debt to NOPAT	0.00	0.00	0.00	-0.46	0.00	-13.08	39.60
Net Debt to NOPAT	0.00	0.00	0.00	0.89	0.00	-2.82	21.86
Long-Term Debt to NOPAT	0.00	0.00	0.00	-0.46	0.00	-13.08	39.60
Altman Z-Score	0.00	0.00	0.00	6.10	7.34	4.59	2.62
Noncontrolling Interest Sharing Ratio	0.00%	0.88%	0.45%	0.31%	0.34%	0.54%	0.97%
Liquidity Ratios	-	-	-	-	-	-	-
Current Ratio	0.00	3.82	1.05	1.01	1.17	1.20	1.00
Quick Ratio	0.00	3.69	0.93	0.88	1.05	1.06	0.87
Cash Flow Metrics	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	0.00	-87	-971	-56	10	-215	-48
Operating Cash Flow to CapEx	-156.22%	212.59%	-351.99%	-83.88%	1,649.91%	3,039.59%	1,200.71%
Free Cash Flow to Firm to Interest Expense	0.00	-672.08	-641.26	-20.11	2.47	-24.52	-2.74
Operating Cash Flow to Interest Expense	0.00	70.94	-12.70	-5.48	13.85	6.30	5.16
Operating Cash Flow Less CapEx to Interest Expense	0.00	37.57	-16.31	-12.01	13.01	6.09	4.73
Efficiency Ratios	-	-	-	-	-	-	-
Asset Turnover	0.00	0.36	0.29	0.31	0.36	0.37	0.37
Accounts Receivable Turnover	0.00	3.68	4.21	4.69	4.49	4.16	3.80
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	0.00	6.82	6.04	5.63	5.83	7.02	7.90
Accounts Payable Turnover	0.00	14.70	12.83	14.59	16.14	16.94	16.66
Days Sales Outstanding (DSO)	0.00	99.19	86.66	77.78	81.37	87.68	96.14
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	0.00	24.84	28.44	25.01	22.61	21.54	21.91
Cash Conversion Cycle (CCC)	0.00	74.35	58.22	52.77	58.76	66.14	74.23
Capital & Investment Metrics	-	-	-	-	-	-	-
Invested Capital	0.00	58	978	969	931	1,133	1,187
Invested Capital Turnover	0.00	7.10	0.53	0.42	0.50	0.52	0.51
Increase / (Decrease) in Invested Capital	0.00	58	921	-9.36	-38	202	53
Enterprise Value (EV)	0.00	0.00	0.00	3,121	3,443	3,982	2,579
Market Capitalization	0.00	0.00	0.00	3,176	3,561	3,938	2,449
Book Value per Share	$0.00	$4.85	$11.04	$9.22	$9.27	$9.41	$9.21
Tangible Book Value per Share	$0.00	$3.93	$0.48	$0.29	$0.84	($0.73)	($1.38)
Total Capital	0.00	429	1,071	1,058	1,053	1,264	1,282
Total Debt	0.00	0.00	0.00	30	0.00	166	214
Total Long-Term Debt	0.00	0.00	0.00	30	0.00	166	214
Net Debt	0.00	-371	-92	-59	-121	36	118
Capital Expenditures (CapEx)	5.76	4.34	5.46	18	3.47	1.82	7.50
Debt-free, Cash-free Net Working Capital (DFCFNWC)	0.00	-45	-79	-80	-76	-70	-89
Debt-free Net Working Capital (DFNWC)	0.00	327	9.13	2.04	36	51	-0.99
Net Working Capital (NWC)	0.00	327	9.13	2.04	36	51	-0.99
Net Nonoperating Expense (NNE)	8.02	11	0.17	36	16	20	-4.31
Net Nonoperating Obligations (NNO)	0.00	-371	-92	-59	-121	36	118
Total Depreciation and Amortization (D&A)	7.85	12	16	43	55	48	58
Debt-free, Cash-free Net Working Capital to Revenue	0.00%	-21.97%	-28.80%	-19.59%	-16.02%	-12.98%	-15.02%
Debt-free Net Working Capital to Revenue	0.00%	159.84%	3.33%	0.50%	7.50%	9.38%	-0.17%
Net Working Capital to Revenue	0.00%	159.84%	3.33%	0.50%	7.50%	9.38%	-0.17%
Earnings Adjustments	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.00	$0.00	($0.51)	($0.93)	($0.38)	($0.33)	$0.05
Adjusted Weighted Average Basic Shares Outstanding	0.00	0.00	96.72M	110.62M	112.67M	115.16M	112.88M
Adjusted Diluted Earnings per Share	$0.00	$0.00	($0.51)	($0.93)	($0.38)	($0.33)	$0.05
Adjusted Weighted Average Diluted Shares Outstanding	0.00	0.00	96.72M	110.62M	112.67M	115.16M	114.35M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	0.00	109.96M	111.87M	114.22M	116.45M	114.53M
Normalized Net Operating Profit after Tax (NOPAT)	-20	-30	-50	-66	-28	-13	2.61
Normalized NOPAT Margin	-14.27%	-14.60%	-18.24%	-16.12%	-5.80%	-2.35%	0.44%
Pre Tax Income Margin	-19.65%	-19.91%	-27.00%	-23.95%	-8.80%	-6.58%	1.13%
Debt Service Ratios	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	-314.73	-47.97	-33.98	-9.76	-3.26	1.30
NOPAT to Interest Expense	0.00	-229.43	-32.99	-23.44	-6.69	-1.45	0.31
EBIT Less CapEx to Interest Expense	0.00	-348.10	-51.58	-40.51	-10.60	-3.47	0.87
NOPAT Less CapEx to Interest Expense	0.00	-262.80	-36.60	-29.98	-7.53	-1.66	-0.12
Payout Ratios	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	-0.19%	-6.70%	-0.42%	0.00%	0.00%	0.00%	1,289.26%

This table displays calculated financial ratios and metrics derived from nCino's official financial filings.

Metric	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026	Q3 2026	Q4 2026
Period end date	7/31/2023	10/31/2023	1/31/2024	4/30/2024	7/31/2024	10/31/2024	1/31/2025	4/30/2025	7/31/2025	10/31/2025	1/31/2026
DEI Shares Outstanding	-	-	-	-	-	-	-	-	-	-	114,684,968.00
DEI Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	114,684,968.00
DEI Earnings Per Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	0.07
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	17.67%	15.81%	13.29%	12.68%	12.94%	13.82%	14.29%	12.53%	12.40%	9.63%	5.87%
EBITDA Growth	82.73%	159.97%	219.34%	200.59%	252.74%	82.87%	-126.72%	336.42%	42.36%	126.78%	885.66%
EBIT Growth	44.95%	28.70%	92.66%	53.16%	45.86%	97.43%	-1,036.58%	430.93%	-10.61%	3,139.80%	130.08%
NOPAT Growth	40.84%	30.03%	86.35%	57.54%	46.56%	93.62%	-80.16%	66.35%	-17.58%	2,309.45%	927.26%
Net Income Growth	41.37%	24.15%	106.31%	80.27%	31.44%	75.83%	-1,233.70%	361.95%	-24.46%	307.49%	156.43%
EPS Growth	44.00%	28.57%	105.26%	70.00%	28.57%	66.67%	-1,600.00%	266.67%	-30.00%	220.00%	146.67%
Operating Cash Flow Growth	26.32%	243.87%	137.00%	73.92%	-58.22%	-1.58%	-222.96%	-0.22%	254.79%	-12.22%	229.13%
Free Cash Flow Firm Growth	101.78%	102.49%	611.38%	-273.53%	-488.46%	-392.47%	-678.38%	-246.21%	-136.09%	-123.12%	90.34%
Invested Capital Growth	-2.90%	-3.47%	-3.91%	4.82%	6.66%	7.59%	21.71%	16.74%	15.40%	17.16%	4.69%
Revenue Q/Q Growth	3.14%	4.01%	1.44%	3.55%	3.37%	4.83%	1.85%	1.96%	3.25%	2.25%	-1.64%
EBITDA Q/Q Growth	-221.57%	337.01%	43.59%	-27.35%	-38.23%	183.77%	-120.98%	1,286.56%	-79.85%	352.04%	-27.31%
EBIT Q/Q Growth	-52.25%	-6.29%	90.75%	-213.00%	-75.99%	94.95%	-3,982.40%	191.13%	-158.82%	238.90%	-59.60%
NOPAT Q/Q Growth	-71.48%	12.76%	75.32%	-15.01%	-115.83%	89.58%	-596.36%	78.52%	-654.17%	295.85%	160.73%
Net Income Q/Q Growth	-38.09%	-6.83%	108.00%	-267.18%	-379.89%	62.33%	-275.17%	138.63%	-328.00%	162.80%	2.03%
EPS Q/Q Growth	-40.00%	-7.14%	106.67%	-400.00%	-233.33%	50.00%	-200.00%	133.33%	-360.00%	146.15%	16.67%
Operating Cash Flow Q/Q Growth	-61.78%	-50.94%	38.81%	568.16%	-90.82%	15.56%	-273.43%	642.17%	-67.35%	-71.41%	155.14%
Free Cash Flow Firm Q/Q Growth	-37.23%	39.49%	47.68%	-234.20%	-40.52%	-5.03%	-192.05%	19.67%	4.18%	0.74%	87.36%
Invested Capital Q/Q Growth	-1.31%	-0.46%	0.97%	5.69%	0.41%	0.41%	14.22%	1.37%	-0.74%	1.94%	2.06%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	59.02%	60.62%	60.22%	60.04%	59.27%	61.28%	59.67%	59.97%	59.22%	61.57%	61.41%
EBITDA Margin	-2.29%	5.21%	7.38%	5.18%	3.10%	8.38%	-1.73%	20.09%	3.92%	17.33%	12.81%
Operating Margin	-12.62%	-10.58%	-2.57%	-2.86%	-5.97%	-0.59%	-4.06%	-1.05%	-6.25%	7.70%	1.88%
EBIT Margin	-12.22%	-12.49%	-1.14%	-3.44%	-5.86%	-0.28%	-11.32%	10.12%	-5.76%	7.83%	3.22%
Profit (Net Income) Margin	-13.72%	-14.09%	1.11%	-1.79%	-8.33%	-2.99%	-11.02%	4.17%	-9.22%	5.66%	5.87%
Tax Burden Percent	110.63%	111.58%	-78.25%	43.51%	118.91%	265.64%	80.10%	57.03%	109.66%	108.78%	1,178.28%
Interest Burden Percent	101.46%	101.11%	124.72%	119.79%	119.52%	398.72%	121.53%	72.35%	145.82%	66.47%	15.50%
Effective Tax Rate	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	42.97%	0.00%	-8.78%	-1,078.28%
Return on Invested Capital (ROIC)	-4.18%	-3.65%	-0.90%	-1.02%	-2.21%	-0.23%	-1.49%	-0.31%	-2.35%	4.56%	11.38%
ROIC Less NNEP Spread (ROIC-NNEP)	1.70%	4.93%	-4.91%	-1.33%	3.41%	3.17%	25.52%	-87.58%	80.54%	-106.14%	-20.43%
Return on Net Nonoperating Assets (RNNOA)	-0.16%	-0.45%	0.42%	0.11%	-0.32%	-0.31%	-1.02%	0.64%	-0.65%	-0.37%	-1.45%
Return on Equity (ROE)	-4.34%	-4.10%	-0.48%	-0.91%	-2.53%	-0.54%	-2.50%	0.33%	-3.01%	4.19%	9.94%
Cash Return on Invested Capital (CROIC)	-1.91%	-0.91%	1.08%	-7.22%	-8.46%	-8.45%	-20.81%	-16.50%	-15.44%	-16.12%	-4.12%
Operating Return on Assets (OROA)	-4.19%	-4.51%	-0.41%	-1.23%	-2.19%	-0.11%	-4.15%	3.66%	-2.18%	2.98%	1.17%
Return on Assets (ROA)	-4.70%	-5.09%	0.40%	-0.64%	-3.11%	-1.12%	-4.04%	1.51%	-3.49%	2.16%	2.14%
Return on Common Equity (ROCE)	-4.33%	-4.08%	-0.48%	-0.91%	-2.52%	-0.54%	-2.49%	0.33%	-2.99%	4.16%	9.84%
Return on Equity Simple (ROE_SIMPLE)	-7.02%	-6.48%	0.00%	-3.21%	-2.71%	-1.48%	0.00%	-2.31%	0.00%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	-10	-9.03	-2.23	-2.56	-5.53	-0.58	-4.02	-0.86	-6.51	13	33
NOPAT Margin	-8.83%	-7.41%	-1.80%	-2.00%	-4.18%	-0.42%	-2.84%	-0.60%	-4.37%	8.38%	22.20%
Net Nonoperating Expense Percent (NNEP)	-5.88%	-8.57%	4.01%	0.31%	-5.62%	-3.39%	-27.01%	87.27%	-82.89%	110.70%	31.81%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-0.21%	-	-	-	-0.32%	-0.07%	-0.52%	1.02%	2.62%
Cost of Revenue to Revenue	40.98%	39.38%	39.78%	39.96%	40.73%	38.72%	40.33%	40.03%	40.78%	38.43%	38.59%
SG&A Expenses to Revenue	18.71%	15.86%	14.14%	17.60%	15.40%	16.65%	17.13%	15.02%	17.13%	12.70%	17.31%
R&D to Revenue	25.49%	23.82%	24.40%	23.41%	25.88%	23.80%	22.73%	23.13%	23.30%	19.41%	20.03%
Operating Expenses to Revenue	71.64%	71.20%	62.79%	62.90%	65.24%	61.87%	63.73%	61.02%	65.46%	53.87%	59.53%
Earnings before Interest and Taxes (EBIT)	-14	-15	-1.41	-4.41	-7.76	-0.39	-16	15	-8.58	12	4.81
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-2.68	6.36	9.13	6.63	4.10	12	-2.44	29	5.83	26	19
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	3.53	3.08	3.39	3.13	3.51	3.96	3.62	2.52	3.06	2.97	2.32
Price to Tangible Book Value (P/TBV)	71.99	46.43	37.59	243.84	120.33	83.92	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	8.15	6.87	7.47	6.78	7.45	8.24	7.28	4.85	5.65	5.27	4.12
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	472.69
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.21%
Enterprise Value to Invested Capital (EV/IC)	3.81	3.32	3.70	3.30	3.73	4.25	3.51	2.42	2.91	2.76	2.17
Enterprise Value to Revenue (EV/Rev)	7.93	6.64	7.23	6.62	7.28	8.06	7.37	4.99	5.80	5.48	4.34
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	229.35	167.22	140.48	133.83	199.90	65.78	75.53	54.69	32.11
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	1,674.15	113.44
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	478.34
Enterprise Value to Operating Cash Flow (EV/OCF)	205.62	113.08	60.11	40.42	50.14	57.44	72.14	50.45	48.98	47.85	28.64
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	337.05	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.00	0.00	0.00	0.05	0.04	0.15	0.15	0.19	0.19	0.19	0.20
Long-Term Debt to Equity	0.00	0.00	0.00	0.05	0.04	0.15	0.15	0.19	0.19	0.19	0.20
Financial Leverage	-0.09	-0.09	-0.09	-0.08	-0.09	-0.10	-0.04	-0.01	-0.01	0.00	0.07
Leverage Ratio	1.25	1.24	1.28	1.31	1.28	1.31	1.37	1.43	1.41	1.43	1.50
Compound Leverage Factor	1.27	1.25	1.60	1.56	1.54	5.22	1.67	1.04	2.06	0.95	0.23
Debt to Total Capital	0.00%	0.00%	0.00%	4.90%	3.57%	13.18%	13.14%	16.17%	16.02%	16.18%	16.65%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	0.00%	0.00%	0.00%	4.90%	3.57%	13.18%	13.14%	16.17%	16.02%	16.18%	16.65%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.29%	0.31%	0.33%	0.37%	0.37%	0.42%	0.66%	0.68%	0.81%	0.99%	0.99%
Common Equity to Total Capital	99.71%	99.69%	99.67%	94.74%	96.06%	86.40%	86.21%	83.15%	83.17%	82.83%	82.35%
Debt to EBITDA	0.00	0.00	0.00	2.83	1.53	5.27	8.33	4.94	4.63	3.47	2.66
Net Debt to EBITDA	0.00	0.00	0.00	-4.31	-3.46	-3.21	1.80	1.61	1.67	1.85	1.47
Long-Term Debt to EBITDA	0.00	0.00	0.00	2.83	1.53	5.27	8.33	4.94	4.63	3.47	2.66
Debt to NOPAT	0.00	0.00	0.00	-2.27	-2.07	-15.22	-13.08	-18.64	-16.74	-60.18	39.60
Net Debt to NOPAT	0.00	0.00	0.00	3.46	4.68	9.28	-2.82	-6.08	-6.03	-32.13	21.86
Long-Term Debt to NOPAT	0.00	0.00	0.00	-2.27	-2.07	-15.22	-13.08	-18.64	-16.74	-60.18	39.60
Altman Z-Score	8.00	8.03	7.44	5.61	6.85	6.25	4.61	2.90	3.54	3.71	2.59
Noncontrolling Interest Sharing Ratio	0.30%	0.35%	0.34%	0.35%	0.34%	0.40%	0.54%	0.60%	0.67%	0.82%	0.97%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.01	1.10	1.17	1.07	1.08	1.95	1.20	1.05	1.03	1.01	1.00
Quick Ratio	0.86	0.94	1.05	0.94	0.95	1.80	1.06	0.91	0.89	0.84	0.87
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	17	24	36	-48	-67	-71	-206	-166	-159	-158	-20
Operating Cash Flow to CapEx	1,392.78%	948.30%	1,886.11%	15,918.71%	1,125.90%	849.56%	-2,862.57%	3,161.82%	344.52%	2,914.37%	2,806.51%
Free Cash Flow to Firm to Interest Expense	16.57	28.26	41.54	-32.39	-36.63	-42.71	-54.28	-37.22	-35.71	-36.33	-4.71
Operating Cash Flow to Interest Expense	11.46	6.87	9.50	36.86	2.72	3.49	-2.64	12.21	3.99	1.17	3.06
Operating Cash Flow Less CapEx to Interest Expense	10.64	6.15	8.99	36.63	2.48	3.08	-2.73	11.82	2.83	1.13	2.95
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.34	0.36	0.36	0.36	0.37	0.38	0.37	0.36	0.38	0.38	0.37
Accounts Receivable Turnover	5.97	9.09	4.49	6.15	6.34	8.23	4.16	6.09	6.47	7.72	3.80
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	5.75	5.63	5.83	6.09	6.38	6.69	7.02	7.18	7.43	7.71	7.90
Accounts Payable Turnover	18.95	16.02	16.14	14.45	17.66	16.88	16.94	14.25	16.85	18.98	16.66
Days Sales Outstanding (DSO)	61.16	40.15	81.37	59.38	57.59	44.33	87.68	59.97	56.45	47.29	96.14
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	19.26	22.78	22.61	25.27	20.67	21.62	21.54	25.62	21.67	19.24	21.91
Cash Conversion Cycle (CCC)	41.90	17.37	58.76	34.11	36.92	22.71	66.14	34.35	34.79	28.05	74.23
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	927	922	931	984	988	992	1,133	1,149	1,140	1,163	1,187
Invested Capital Turnover	0.47	0.49	0.50	0.51	0.53	0.55	0.52	0.52	0.54	0.54	0.51
Increase / (Decrease) in Invested Capital	-28	-33	-38	45	62	70	202	165	152	170	53
Enterprise Value (EV)	3,530	3,066	3,443	3,251	3,684	4,214	3,982	2,778	3,321	3,211	2,579
Market Capitalization	3,631	3,173	3,561	3,331	3,770	4,310	3,938	2,702	3,238	3,090	2,449
Book Value per Share	$9.16	$9.11	$9.27	$9.31	$9.34	$9.42	$9.41	$9.21	$9.12	$8.99	$9.21
Tangible Book Value per Share	$0.45	$0.61	$0.84	$0.12	$0.27	$0.44	($0.73)	($1.46)	($1.43)	($1.49)	($1.38)
Total Capital	1,031	1,032	1,053	1,123	1,119	1,260	1,264	1,289	1,271	1,257	1,282
Total Debt	0.00	0.00	0.00	55	40	166	166	209	204	204	214
Total Long-Term Debt	0.00	0.00	0.00	55	40	166	166	209	204	204	214
Net Debt	-105	-110	-121	-84	-91	-101	36	68	73	109	118
Capital Expenditures (CapEx)	0.86	0.62	0.43	0.34	0.44	0.68	0.35	1.72	5.15	0.17	0.46
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-97	-83	-76	-115	-104	-88	-70	-120	-116	-86	-89
Debt-free Net Working Capital (DFNWC)	1.07	18	36	15	18	170	51	13	6.45	1.14	-0.99
Net Working Capital (NWC)	1.07	18	36	15	18	170	51	13	6.45	1.14	-0.99
Net Nonoperating Expense (NNE)	5.72	8.14	-3.60	-0.27	5.49	3.58	12	-6.88	7.21	4.13	24
Net Nonoperating Obligations (NNO)	-105	-110	-121	-84	-91	-101	36	68	73	109	118
Total Depreciation and Amortization (D&A)	12	22	11	11	12	12	14	14	14	14	14
Debt-free, Cash-free Net Working Capital to Revenue	-21.76%	-17.87%	-16.02%	-23.34%	-20.48%	-16.86%	-12.98%	-21.61%	-20.33%	-14.74%	-15.02%
Debt-free Net Working Capital to Revenue	0.24%	3.87%	7.50%	3.03%	3.51%	32.45%	9.38%	2.32%	1.13%	0.19%	-0.17%
Net Working Capital to Revenue	0.24%	3.87%	7.50%	3.03%	3.51%	32.45%	9.38%	2.32%	1.13%	0.19%	-0.17%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($0.14)	($0.15)	$0.01	($0.03)	($0.10)	($0.05)	($0.15)	$0.05	($0.13)	$0.06	$0.07
Adjusted Weighted Average Basic Shares Outstanding	112.40M	112.95M	112.67M	114.20M	115.18M	115.61M	115.16M	114.78M	115.26M	114.41M	112.88M
Adjusted Diluted Earnings per Share	($0.14)	($0.15)	$0.01	($0.03)	($0.10)	($0.05)	($0.15)	$0.05	($0.13)	$0.06	$0.07
Adjusted Weighted Average Diluted Shares Outstanding	112.40M	112.95M	112.67M	114.20M	115.18M	115.61M	115.16M	116.58M	115.26M	115.83M	114.35M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	112.91M	113.13M	114.22M	115.08M	115.56M	115.79M	116.45M	115.94M	115.81M	114.68M	114.53M
Normalized Net Operating Profit after Tax (NOPAT)	-10	-9.03	-2.23	-2.56	-5.53	-0.58	-4.02	-0.86	-6.51	8.20	1.97
Normalized NOPAT Margin	-8.83%	-7.41%	-1.80%	-2.00%	-4.18%	-0.42%	-2.84%	-0.60%	-4.37%	5.39%	1.32%
Pre Tax Income Margin	-12.40%	-12.62%	-1.42%	-4.12%	-7.00%	-1.13%	-13.76%	7.32%	-8.41%	5.20%	0.50%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	-13.72	-17.83	-1.64	-2.98	-4.23	-0.24	-4.21	3.28	-1.93	2.75	1.14
NOPAT to Interest Expense	-9.92	-10.58	-2.60	-1.74	-3.02	-0.35	-1.06	-0.19	-1.46	2.94	7.86
EBIT Less CapEx to Interest Expense	-14.54	-18.55	-2.14	-3.22	-4.47	-0.65	-4.31	2.89	-3.09	2.71	1.03
NOPAT Less CapEx to Interest Expense	-10.74	-11.30	-3.10	-1.97	-3.26	-0.76	-1.15	-0.58	-2.62	2.90	7.75
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	1,289.26%

Financials Breakdown Chart

Key Financial Trends

Here are the key takeaways for nCino (NCNO) based on the quarterly statements from the last four years. The items are grouped by their potential impact, with positives shown first, followed by neutral items, then negatives.

Gross margin has remained solid and largely stable around the 60%+ range across 2024–2026 (illustrative figures show gross margins near 60–62% in recent quarters, e.g., Q4 2026: gross profit about $91.9M on $149.7M revenue).
The top line has been trending higher over the period, culminating in Q4 2026 revenue of about $149.7M, up from roughly $123.7M in Q4 2024, with continued quarterly revenue levels in the mid-to-high $140Ms in 2025–2026.
Operating cash flow has been positive in multiple 2026 quarters, indicating improving cash generation (examples: Q1 2026 roughly $53.9M; Q2 2026 around $18.2M; Q3 2026 around $5.1M; Q4 2026 about $12.9M from continuing operations).
Several 2026 quarters reported positive net income attributable to common shareholders (e.g., Q4 2026 about $8.34M; Q3 2026 about $6.54M), suggesting improving profitability.
The balance sheet shows strong capitalization, with Total equity around $1.04–$1.07B in 2026 and long-term debt generally in the $203–209M range, indicating a solid leverage profile and ample equity cushion.
Liquidity has been generally solid, with cash and equivalents ranging roughly from the high tens of millions to over $120M in 2025–2026, though cash levels have fluctuated quarter-to-quarter.
Profitability remains cyclical. While several quarters are profitable, others show losses, reflecting ongoing investments in growth and upfront costs rather than a steady, nonstop profit trajectory.
Capital returns via share buybacks occurred in 2026, which reduces cash in the near term but may influence per-share metrics over time.
Net income fluctuations include quarters with losses (for example, Q4 2025 net income to common shareholders around -$18.6M; Q2 2026 net income to common around -$13.7M), indicating profitability is not yet consistently positive on a quarterly basis.
Financing activities have shown sizable cash outflows in 2026 due to share repurchases and debt movements (e.g., Q3 2026 financing outflow around -$39.6M; Q4 2026 around -$13.2M), potentially weighing on near-term liquidity and cash generation.
Investing cash flow is typically negative, driven by PPE investments and acquisitions, which can suppress free cash flow in the near term even as growth investments occur.

05/16/26 04:14 PM ETAI Generated. May Contain Errors.

nCino Financials - Frequently Asked Questions

According to the most recent income statement we have on file, nCino's fiscal year ends in January. Their fiscal year 2026 ended on January 31, 2026.

nCino's net income appears to be on a downward trend, with a most recent value of $9.70 million in 2026, falling from -$27.74 million in 2020. The previous period was -$33.05 million in 2025. Check out nCino's forecast to explore projected trends and price targets.

nCino's total operating income in 2026 was $3.73 million, based on the following breakdown:

Total Gross Profit: $360.17 million
Total Operating Expenses: $356.44 million

Over the last 6 years, nCino's total revenue changed from $138.18 million in 2020 to $594.78 million in 2026, a change of 330.4%.

nCino's total liabilities were at $579.45 million at the end of 2026, a 13.0% increase from 2025, and a 331.0% increase since 2021.

In the past 5 years, nCino's cash and equivalents has ranged from $82.04 million in 2023 to $371.43 million in 2021, and is currently $88.37 million as of their latest financial filing in 2026.

Over the last 6 years, nCino's book value per share changed from 0.00 in 2020 to 9.21 in 2026, a change of 920.7%.

Related Companies

Financial statements for NASDAQ:NCNO last updated on 4/3/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

From Our Partners

Get 30 Days of MarketBeat All Access for Free

Start Your 30-Day Trial

In-depth profiles and analysis for 20,000 public companies.
Real-time analyst ratings, insider transactions, earnings data, and more.
Our daily ratings and market update email newsletter.

Sign In
Create Account

Your Email Address:

Your Password:

Forgot your password?

Your Email Address:

Choose a Password:

By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

nCino (NCNO) Financials

Financials Breakdown Chart

Key Financial Trends

nCino Financials - Frequently Asked Questions

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools

About MarketBeat

MarketBeat Products

Popular Tools

Financial Calendars

Terms & Info

nCino (NCNO) Financials

Annual Income Statements for nCino

Quarterly Income Statements for nCino

Annual Cash Flow Statements for nCino

Quarterly Cash Flow Statements for nCino

Annual Balance Sheets for nCino

Quarterly Balance Sheets for nCino

Annual Metrics And Ratios for nCino

Quarterly Metrics And Ratios for nCino

Financials Breakdown Chart

Key Financial Trends

nCino Financials - Frequently Asked Questions

When does nCino's financial year end?

How has nCino's net income changed over the last 6 years?

What is nCino's operating income?

How has nCino's revenue changed over the last 6 years?

How much debt does nCino have?

How much cash does nCino have?

How has nCino's book value per share changed over the last 6 years?

MarketBeat All Access Features

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools