NASDAQ : NCNO
nCino, Inc. — Financial statements
Technology · Software - Application · United States
Last price 22.45 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 2.37B
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Financial statements
nCino, Inc. (NCNO) reported revenue of 622.24M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year February - January; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Revenue | 622.24M | 594.78M | 540.66M | 476.54M | 408.31M | 273.87M |
| Cost of Revenue | 234.94M | 233.40M | 215.87M | 191.30M | 169.28M | 111.41M |
| Gross Profit | 387.30M | 361.38M | 324.79M | 285.24M | 239.04M | 162.45M |
| Selling, General & Admin | 216.99M | 221.05M | 204.73M | 202.64M | 202.51M | 134.11M |
| Research & Development | 119.44M | 123.52M | 129.42M | 116.96M | 119.58M | 79.36M |
| Operating Expenses | 336.42M | 344.58M | 334.15M | 319.60M | 322.10M | 213.48M |
| Operating Income | 50.88M | 16.80M | -9.37M | -34.36M | -83.06M | -51.02M |
| Interest Expense | -18.26M | -17.46M | -8.76M | -4.13M | -2.81M | -1.51M |
| Interest & Investment Income | 1.14M | 1.43M | 1.76M | 2.57M | 403.00K | 194.00K |
| Currency Exchange Gain (Loss) | 1.10M | 17.30M | -10.50M | -1.20M | -1.40M | -2.00M |
| Other Non Operating Income (Expenses) | 11.00K | 1.71M | 73.00K | 344.00K | 44.00K | 723.00K |
| EBT Excluding Unusual Items | 34.87M | 19.78M | -26.79M | -36.78M | -86.82M | -53.62M |
| Merger & Restructuring Charges | -12.00K | -11.48M | -8.40M | -627.00K | -4.81M | -10.01M |
| Legal Settlements | -366.00K | -4.53M | -6.15M | -10.33M | ||
| Other Unusual Items | -1.60M | -1.60M | ||||
| Pretax Income | 33.26M | 6.71M | -35.56M | -41.94M | -97.77M | -73.95M |
| Income Tax Expense | -5.53M | -3.00M | -2.51M | 1.59M | 4.07M | -23.83M |
| Earnings From Continuing Operations | 38.79M | 9.70M | -33.05M | -43.53M | -101.84M | -50.12M |
| Minority Interest in Earnings | -5.20M | -4.52M | -4.83M | 1.18M | -876.00K | 675.00K |
| Net Income | 33.60M | 5.18M | -37.88M | -42.35M | -102.72M | -49.45M |
| Net Income to Common | 33.60M | 5.18M | -37.88M | -42.35M | -102.72M | -49.45M |
| Shares Outstanding (Basic) | 107.73M | 112.88M | 115.16M | 112.67M | 110.62M | 96.72M |
| Shares Outstanding (Diluted) | 109.55M | 114.35M | 115.16M | 112.67M | 110.62M | 96.72M |
| EPS (Basic) | 0.31 | 0.05 | -0.33 | -0.38 | -0.93 | -0.51 |
| EPS (Diluted) | 0.31 | 0.05 | -0.33 | -0.38 | -0.93 | -0.51 |
| Free Cash Flow | 132.17M | 82.56M | 52.93M | 53.41M | -34.28M | -24.69M |
| Free Cash Flow Per Share | 1.21 | 0.72 | 0.46 | 0.47 | -0.31 | -0.26 |
| Gross Margin | 62.24% | 60.76% | 60.07% | 59.86% | 58.54% | 59.32% |
| Operating Margin | 8.18% | 2.83% | -1.73% | -7.21% | -20.34% | -18.63% |
| Profit Margin | 5.40% | 0.87% | -7.01% | -8.89% | -25.16% | -18.05% |
| Free Cash Flow Margin | 21.24% | 13.88% | 9.79% | 11.21% | -8.40% | -9.02% |
| EBITDA | 91.87M | 59.06M | 26.98M | 10.90M | -48.41M | -41.02M |
| EBITDA Margin | 14.76% | 9.93% | 4.99% | 2.29% | -11.86% | -14.98% |
| D&A For EBITDA | 40.99M | 42.26M | 36.34M | 45.26M | 34.65M | 10.01M |
| EBIT | 50.88M | 16.80M | -9.37M | -34.36M | -83.06M | -51.02M |
| EBIT Margin | 8.18% | 2.83% | -1.73% | -7.21% | -20.34% | -18.63% |
| Revenue as Reported | 622.24M | 594.78M | 540.66M | 476.54M | 408.31M | 273.87M |
| Advertising Expenses | 12.30M | 8.70M | 7.70M |
Balance sheet
Fiscal year February - January; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 83.29M | 88.37M | 120.93M | 112.08M | 82.04M | 88.01M |
| Cash & Short-Term Investments | 83.29M | 88.37M | 120.93M | 112.08M | 82.04M | 88.01M |
| Accounts Receivable | 120.45M | 165.03M | 144.83M | 112.42M | 98.75M | 73.43M |
| Other Receivables | 1.91M | 1.50M | 1.96M | 557.00K | 747.00K | 1.10M |
| Receivables | 122.36M | 166.54M | 146.79M | 112.97M | 99.50M | 74.53M |
| Prepaid Expenses | 16.34M | 19.25M | 19.73M | 15.17M | 16.27M | 13.38M |
| Other Current Assets | 20.91M | 19.34M | 14.80M | 10.54M | 9.39M | 7.58M |
| Total Current Assets | 242.90M | 293.50M | 302.25M | 250.78M | 207.19M | 183.51M |
| Property, Plant & Equipment | 85.26M | 88.29M | 90.98M | 98.41M | 94.95M | 73.85M |
| Long-Term Investments | 7.26M | 7.43M | 9.63M | 9.65M | 6.91M | 4.42M |
| Goodwill | 1.08B | 1.08B | 1.02B | 838.87M | 839.44M | 841.49M |
| Other Intangible Assets | 117.39M | 135.66M | 154.57M | 115.57M | 152.82M | 180.12M |
| Long-Term Deferred Tax Assets | 12.42M | 6.20M | 4.14M | 106.00K | ||
| Long-Term Deferred Charges | 30.77M | 32.13M | 24.84M | 17.43M | 18.23M | 16.40M |
| Other Long-Term Assets | 12.39M | 716.00K | 2.54M | 5.59M | 7.72M | 1.12M |
| Total Assets | 1.57B | 1.65B | 1.61B | 1.34B | 1.33B | 1.30B |
| Accounts Payable | 14.84M | 14.52M | 13.64M | 11.84M | 11.88M | 11.37M |
| Accrued Expenses | 24.45M | 40.36M | 39.87M | 25.13M | 32.22M | 36.20M |
| Current Portion of Leases | 4.09M | 5.05M | 6.83M | 5.12M | 4.89M | 4.17M |
| Current Income Taxes Payable | 2.00M | 1.30M | ||||
| Current Unearned Revenue | 218.81M | 210.55M | 191.17M | 170.94M | 154.87M | 122.64M |
| Other Current Liabilities | 14.77M | 24.01M | ||||
| Total Current Liabilities | 286.76M | 294.49M | 251.51M | 215.04M | 205.16M | 174.38M |
| Long-Term Debt | 265.56M | 213.50M | 166.00M | 30.00M | ||
| Long-Term Leases | 59.18M | 60.15M | 63.99M | 69.10M | 61.65M | 44.68M |
| Long-Term Unearned Revenue | 3.11M | 170.00K | 269.00K | 44.00K | ||
| Long-Term Deferred Tax Liabilities | 8.01M | 7.02M | 13.85M | 3.69M | 2.80M | 1.68M |
| Other Long-Term Liabilities | 3.90M | 4.12M | 17.16M | 9.74M | ||
| Total Liabilities | 626.52M | 579.45M | 512.78M | 287.83M | 299.60M | 230.51M |
| Common Stock | 60.00K | 59.00K | 58.00K | 57.00K | 56.00K | 55.00K |
| Additional Paid-In Capital | 1.58B | 1.55B | 1.47B | 1.40B | 1.33B | 1.28B |
| Retained Earnings | -355.75M | -375.77M | -385.33M | -352.76M | -310.34M | -209.62M |
| Treasury Stock | -301.92M | -125.60M | ||||
| Comprehensive Income & Other | 3.34M | 7.04M | 176.00K | 996.00K | 694.00K | -72.00K |
| Total Common Equity | 929.83M | 1.06B | 1.09B | 1.05B | 1.02B | 1.07B |
| Minority Interest | 15.40M | 12.74M | 8.29M | 3.43M | 3.59M | 2.88M |
| Shareholders' Equity | 945.24M | 1.07B | 1.10B | 1.05B | 1.03B | 1.07B |
| Total Liabilities & Equity | 1.57B | 1.65B | 1.61B | 1.34B | 1.33B | 1.30B |
| Total Debt | 338.63M | 278.69M | 236.82M | 74.23M | 96.54M | 48.84M |
| Net Cash (Debt) | -255.34M | -190.32M | -115.90M | 37.86M | -14.50M | 39.17M |
| Net Cash Per Share | -2.33 | -1.66 | -1.01 | 0.34 | -0.13 | 0.40 |
| Filing Date Shares Outstanding | 105.74M | 114.53M | 116.45M | 114.22M | 111.87M | 109.96M |
| Total Common Shares Outstanding | 105.13M | 113.90M | 116.00M | 113.68M | 111.42M | 109.78M |
| Working Capital | -43.85M | -989.00K | 50.74M | 35.74M | 2.04M | 9.13M |
| Book Value Per Share | 8.84 | 9.27 | 9.39 | 9.23 | 9.19 | 9.73 |
| Tangible Book Value | -263.33M | -157.69M | -84.63M | 94.73M | 31.81M | 46.02M |
| Tangible Book Value Per Share | -2.50 | -1.38 | -0.73 | 0.83 | 0.29 | 0.42 |
| Buildings | 56.38M | 56.38M | 56.38M | 56.38M | 56.38M | 33.98M |
| Machinery | 18.13M | 18.51M | 18.91M | 20.08M | 19.09M | 15.00M |
| Construction In Progress | 627.00K | 170.00K | 673.00K | 13.08M | ||
| Leasehold Improvements | 30.26M | 30.54M | 28.05M | 27.71M | 28.70M | 14.11M |
Cash flow statement
Fiscal year February - January; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Net Income | 33.60M | 5.18M | -37.88M | -42.35M | -102.72M | -49.45M |
| Depreciation & Amortization | 40.99M | 42.26M | 36.34M | 45.26M | 34.65M | 10.01M |
| Other Amortization | 17.45M | 15.34M | 12.13M | 10.12M | 8.64M | 5.78M |
| Loss (Gain) From Sale of Assets | 91.00K | 463.00K | 35.00K | 150.00K | ||
| Loss (Gain) From Sale of Investments | -1.65M | -263.00K | ||||
| Stock-Based Compensation | 71.36M | 73.88M | 71.59M | 58.03M | 50.23M | 28.48M |
| Provision & Write-off of Bad Debts | 1.76M | 1.72M | 85.00K | 1.08M | 806.00K | 90.00K |
| Other Operating Activities | -5.74M | -16.87M | 6.52M | 2.86M | 7.01M | -19.89M |
| Change in Accounts Receivable | -25.09M | -16.18M | -31.39M | -14.32M | -26.80M | -13.51M |
| Change in Accounts Payable | 784.00K | 1.11M | -190.00K | 525.00K | 35.00K | 4.43M |
| Change in Unearned Revenue | 26.26M | 10.85M | 13.81M | 15.90M | 33.53M | 24.32M |
| Change in Other Net Operating Assets | -33.04M | -30.56M | -20.69M | -18.54M | -21.64M | -8.82M |
| Operating Cash Flow | 133.61M | 90.06M | 55.20M | 57.28M | -15.38M | -19.23M |
| Capital Expenditures | -1.44M | -7.50M | -2.27M | -3.87M | -18.90M | -5.46M |
| Sale of Property, Plant & Equipment | 43.00K | |||||
| Cash Acquisitions | -50.26M | -216.91M | 676.00K | -268.99M | ||
| Investment in Securities | 3.68M | -2.50M | -2.50M | -4.03M | ||
| Investing Cash Flow | -1.44M | -54.08M | -219.18M | -6.33M | -20.73M | -278.49M |
| Long-Term Debt Issued | 112.50M | 241.00M | 50.00M | |||
| Long-Term Debt Repaid | -66.63M | -76.30M | -31.23M | -21.12M | -318.00K | |
| Net Debt Issued (Repaid) | 70.34M | 45.87M | 164.70M | -31.23M | 28.88M | -318.00K |
| Issuance of Common Stock | 5.77M | 6.20M | 7.26M | 9.13M | 8.20M | 16.45M |
| Repurchase of Common Stock | -240.16M | -125.10M | ||||
| Other Financing Activities | -8.10M | -1.48M | 983.00K | -367.00K | -210.00K | |
| Financing Cash Flow | -172.15M | -73.03M | 170.48M | -21.11M | 36.71M | 15.92M |
| Foreign Exchange Rate Adjustments | 365.00K | 4.46M | -2.68M | 182.00K | -1.59M | -1.23M |
| Net Cash Flow | -39.62M | -32.58M | 3.82M | 30.03M | -981.00K | -283.03M |
| Free Cash Flow | 132.17M | 82.56M | 52.93M | 53.41M | -34.28M | -24.69M |
| Free Cash Flow Margin | 21.24% | 13.88% | 9.79% | 11.21% | -8.40% | -9.02% |
| Free Cash Flow Per Share | 1.21 | 0.72 | 0.46 | 0.47 | -0.31 | -0.26 |
| Levered Free Cash Flow | 151.54M | 144.53M | 98.61M | 81.60M | 21.35M | 36.11M |
| Unlevered Free Cash Flow | 162.60M | 155.15M | 103.96M | 84.00M | 22.93M | 37.06M |
| Cash Interest Paid | 16.96M | 15.98M | 8.74M | 4.32M | 2.62M | 1.51M |
| Cash Income Tax Paid | 847.00K | 3.60M | 3.20M | 664.00K | 1.00M | |
| Change in Working Capital | -31.09M | -34.78M | -38.46M | -16.44M | -14.88M | 6.43M |
Ratios
Fiscal year February - January; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 2.45B | 2.45B | 3.94B | 3.56B | 3.18B | 5.03B |
| Enterprise Value | 2.70B | 2.64B | 3.92B | 3.53B | 3.15B | 4.70B |
| Last Close Price | 22.68 | 21.35 | 34.01 | 31.48 | 28.60 | 45.83 |
| PE Ratio | 75.06 | 472.69 | ||||
| Forward PE | 16.16 | 22.29 | 40.55 | 60.82 | 146.97 | |
| PS Ratio | 3.94 | 4.12 | 7.28 | 7.47 | 7.78 | 18.36 |
| PB Ratio | 2.56 | 2.29 | 3.59 | 3.38 | 3.09 | 4.70 |
| P/TBV Ratio | 37.59 | 99.82 | 109.28 | |||
| P/FCF Ratio | 18.53 | 29.66 | 74.40 | 66.68 | ||
| P/OCF Ratio | 18.33 | 27.19 | 71.34 | 62.17 | ||
| PEG Ratio | 1.76 | |||||
| EV/Sales Ratio | 4.35 | 4.44 | 7.25 | 7.41 | 7.72 | 17.15 |
| EV/EBITDA Ratio | 29.44 | 44.75 | 145.34 | 323.61 | ||
| EV/EBIT Ratio | 53.15 | 157.27 | ||||
| EV/FCF Ratio | 20.46 | 32.01 | 74.08 | 66.06 | ||
| Debt / Equity Ratio | 0.36 | 0.26 | 0.22 | 0.07 | 0.09 | 0.05 |
| Debt / EBITDA Ratio | 3.43 | 4.17 | 6.76 | 4.06 | ||
| Debt / FCF Ratio | 2.56 | 3.38 | 4.47 | 1.39 | ||
| Net Debt / Equity Ratio | 0.27 | 0.18 | 0.11 | -0.04 | 0.01 | -0.04 |
| Net Debt / EBITDA Ratio | 2.78 | 3.22 | 4.30 | -3.47 | -0.30 | 0.95 |
| Net Debt / FCF Ratio | 1.93 | 2.31 | 2.19 | -0.71 | -0.42 | 1.59 |
| Asset Turnover | 0.39 | 0.36 | 0.37 | 0.36 | 0.31 | 0.29 |
| Quick Ratio | 0.72 | 0.87 | 1.06 | 1.05 | 0.89 | 0.93 |
| Current Ratio | 0.85 | 1.00 | 1.20 | 1.17 | 1.01 | 1.05 |
| Return on Equity (ROE) | 3.85% | 0.90% | -3.07% | -4.18% | -9.71% | -6.69% |
| Return on Assets (ROA) | 1.99% | 0.65% | -0.40% | -1.61% | -3.95% | -3.42% |
| Return on Capital Employed (ROCE) | 4.00% | 1.20% | -0.70% | -3.10% | -7.40% | -4.50% |
| Earnings Yield | 1.33% | 0.21% | -0.96% | -1.19% | -3.23% | -0.98% |
| FCF Yield | 5.40% | 3.37% | 1.34% | 1.50% | -1.08% | -0.49% |
| Buyback Yield / Dilution | 4.86% | 0.71% | -2.21% | -1.86% | -14.36% | -10.32% |