NCNO · Ncino, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '27 | Q1 '26 | Q3 '26 | Q2 '26 | Q1 '25 | Q3 '25 | Q2 '25 | Q1 '24 | Q3 '24 | Q2 '24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $159.41M | $144.14M | $152.16M | $148.81M | $128.09M | $138.80M | $132.40M | $113.67M | $121.94M | $117.24M |
| Cost of Revenue | $58.48M | $57.70M | $58.48M | $60.69M | $51.18M | $53.74M | $53.93M | $46.19M | $48.02M | $48.05M |
| Gross Profit | $100.94M | $86.44M | $93.69M | $88.13M | $76.91M | $85.05M | $78.47M | $67.48M | $73.92M | $69.19M |
| R&D | $28.86M | $33.34M | $29.54M | $34.67M | $29.98M | $33.04M | $34.27M | $28.20M | $29.04M | $29.89M |
| SG&A | $17.23M | $21.64M | $19.32M | $25.49M | $22.54M | $23.11M | $20.39M | $17.98M | $19.33M | $21.93M |
| Total Operating Expenses | $79.82M | $87.95M | $81.97M | $97.42M | $80.57M | $85.88M | $86.38M | $76.11M | $86.82M | $83.98M |
| D&A | $10.08M | $10.71M | $1.44M | $1.46M | $8.29M | $1.56M | $1.58M | $9.13M | $2.09M | $2.12M |
| Operating Income | $21.12M | ($1.51M) | $11.72M | ($9.30M) | ($3.66M) | ($824.0K) | ($7.91M) | ($8.63M) | ($12.91M) | ($14.79M) |
| Interest Expense | $4.48M | $1.48M | $4.33M | $4.44M | $1.48M | $854.0K | $1.04M | $1.38M | $854.0K | $1.04M |
| Income Tax | $1.68M | $4.53M | ($695.0K) | $1.21M | ($2.98M) | $2.59M | $1.75M | $1.39M | $1.78M | $1.54M |
| Net Income | $13.64M | $5.56M | $6.54M | ($15.26M) | ($2.98M) | ($5.25M) | ($11.04M) | ($11.24M) | ($16.38M) | ($15.88M) |
| EPS - Basic | $0.13 | $0.05 | $0.06 | ($0.13) | ($0.03) | ($0.05) | ($0.10) | ($0.10) | ($0.15) | ($0.14) |
| EPS - Diluted | $0.12 | $0.05 | $0.06 | ($0.13) | ($0.03) | ($0.05) | ($0.10) | ($0.10) | ($0.15) | ($0.14) |
Balance Sheet
| Line item | Q1 '27 | Q1 '26 | Q3 '26 | Q2 '26 | Q1 '25 | Q3 '25 | Q2 '25 | Q1 '24 | Q3 '24 | Q2 '24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $102.81M | $88.37M | $87.59M | $122.94M | $120.93M | $257.89M | $121.41M | $112.08M | $100.47M | $98.00M |
| Accounts Receivable | $124.74M | $166.54M | $86.95M | $98.47M | $146.79M | $65.01M | $78.82M | $112.97M | $62.01M | $80.90M |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | $15.71M | $14.52M | $12.53M | $14.07M | $13.64M | $12.12M | $13.14M | $11.84M | $12.53M | $9.78M |
| Current Assets | $267.43M | $293.50M | $209.22M | $255.09M | $302.25M | $348.64M | $228.75M | $250.78M | $190.87M | $209.38M |
| Total Assets | $1.61B | $1.65B | $1.56B | $1.62B | $1.61B | $1.52B | $1.41B | $1.34B | $1.27B | $1.30B |
| Current Liabilities | $299.86M | $294.49M | $208.08M | $248.64M | $251.51M | $178.91M | $210.98M | $215.04M | $172.97M | $208.31M |
| Long-term Debt | $253.01M | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $623.38M | $579.45M | $507.25M | $548.85M | $512.78M | $423.10M | $329.76M | $287.83M | $235.74M | $270.48M |
| Stockholders' Equity | $970.36M | $1.06B | $1.04B | $1.06B | $1.09B | $1.09B | $1.07B | $1.05B | $1.03B | $1.03B |
| Retained Earnings | ($361.43M) | ($375.77M) | ($384.39M) | ($393.04M) | ($385.33M) | ($369.82M) | ($365.86M) | ($352.76M) | ($354.37M) | ($337.52M) |
Cash Flow
| Line item | Q1 '27 | Q1 '26 | Q3 '26 | Q2 '26 | Q1 '25 | Q3 '25 | Q2 '25 | Q1 '24 | Q3 '24 | Q2 '24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $81.41M | $54.32M | - | - | $54.44M | - | - | $31.30M | - | - |
| Investing Cash Flow | ($614.0K) | ($48.30M) | - | - | ($91.23M) | - | - | ($1.96M) | - | - |
| Financing Cash Flow | ($65.89M) | $2.25M | - | - | $55.98M | - | - | ($13.86M) | - | - |
| CapEx | $614.0K | $1.72M | - | - | $342.0K | - | - | $1.60M | - | - |
| Free Cash Flow | $80.79M | $52.60M | - | - | $54.10M | - | - | $29.70M | - | - |
Ratios
| Metric | Q1 '27 | Q1 '26 | Q3 '26 | Q2 '26 | Q1 '25 | Q3 '25 | Q2 '25 | Q1 '24 | Q3 '24 | Q2 '24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 63.3% | 60.0% | 61.6% | 59.2% | 60.0% | 61.3% | 59.3% | 59.4% | 60.6% | 59.0% |
| Operating margin | 13.2% | -1.0% | 7.7% | -6.2% | -2.9% | -0.6% | -6.0% | -7.6% | -10.6% | -12.6% |
| EBITDA margin | 19.6% | 6.4% | 8.6% | -5.3% | 3.6% | 0.5% | -4.8% | 0.4% | -8.9% | -10.8% |
| Net margin | 8.6% | 3.9% | 4.3% | -10.3% | -2.3% | -3.8% | -8.3% | -9.9% | -13.4% | -13.5% |
| Free cash flow margin | 50.7% | 36.5% | - | - | 42.2% | - | - | 26.1% | - | - |
| FCF / Net income | 5.92 | 9.46 | - | - | -18.18 | - | - | -2.64 | - | - |
| R&D / Revenue | 18.1% | 23.1% | 19.4% | 23.3% | 23.4% | 23.8% | 25.9% | 24.8% | 23.8% | 25.5% |
| SG&A / Revenue | 10.8% | 15.0% | 12.7% | 17.1% | 17.6% | 16.6% | 15.4% | 15.8% | 15.9% | 18.7% |
| Effective tax rate | 11.0% | 44.9% | -11.9% | - | - | - | - | - | - | - |
| Return on assets | 0.8% | 0.3% | 0.4% | -0.9% | -0.2% | -0.3% | -0.8% | -0.8% | -1.3% | -1.2% |
| Return on equity | 1.4% | 0.5% | 0.6% | -1.4% | -0.3% | -0.5% | -1.0% | -1.1% | -1.6% | -1.5% |
| Return on invested capital | 1.5% | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 0.89 | 1.00 | 1.01 | 1.03 | 1.20 | 1.95 | 1.08 | 1.17 | 1.10 | 1.01 |
| Quick ratio | 0.89 | 1.00 | 1.01 | 1.03 | 1.20 | 1.95 | 1.08 | 1.17 | 1.10 | 1.01 |
| Cash ratio | 0.34 | 0.30 | 0.42 | 0.49 | 0.48 | 1.44 | 0.58 | 0.52 | 0.58 | 0.47 |
| Leverage | ||||||||||
| Debt / Equity | 0.26 | - | - | - | - | - | - | - | - | - |
| Debt / Assets | 0.16 | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | 8.11 | - | - | - | - | - | - | - | - | - |
| Interest coverage | 4.7x | -1.0x | 2.7x | -2.1x | -2.5x | -1.0x | -7.6x | -6.3x | -15.1x | -14.2x |
| Equity multiplier | 1.66 | 1.56 | 1.50 | 1.53 | 1.48 | 1.39 | 1.31 | 1.28 | 1.23 | 1.27 |
| Liabilities / Assets | 0.39 | 0.35 | 0.32 | 0.34 | 0.32 | 0.28 | 0.23 | 0.21 | 0.19 | 0.21 |
| Efficiency | ||||||||||
| Asset turnover | 0.10 | 0.09 | 0.10 | 0.09 | 0.08 | 0.09 | 0.09 | 0.08 | 0.10 | 0.09 |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | 286d | 422d | 209d | 242d | 418d | 171d | 217d | 363d | 186d | 252d |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | 98d | 92d | 78d | 85d | 97d | 82d | 89d | 94d | 95d | 74d |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | 145.7x | 427.0x | 444.7x | - | - | - | - | - | - | - |
| P / B | 2.0x | 2.4x | 3.0x | 3.0x | 3.6x | 4.0x | 3.5x | 3.4x | 3.1x | 3.5x |
| P / S | 12.0x | 17.3x | 20.3x | 21.6x | 30.3x | 31.1x | 28.5x | 31.0x | 26.0x | 31.0x |
| EV / EBITDA | 66.1x | 261.2x | 228.2x | - | 813.3x | 5538.8x | - | 6775.2x | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 10.6% | 12.5% | 9.6% | 12.4% | 12.7% | 13.8% | 12.9% | 20.7% | 74.1% | 76.2% |
| Revenue CAGR (3y) | 11.9% | 15.2% | 29.5% | 30.8% | - | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | 16.8% | 12.4% | 10.2% | 12.3% | 14.0% | 15.1% | 13.4% | 87.2% | 72.8% | 73.2% |
| Operating income growth (YoY) | - | 58.7% | - | -17.6% | 57.5% | 93.6% | 46.6% | 44.2% | 30.0% | -12.3% |
| Net income growth (YoY) | 145.3% | - | - | -38.2% | 73.5% | 67.9% | 30.5% | 63.4% | 30.5% | -16.1% |
| EPS growth (YoY) | 140.0% | - | - | -30.0% | 70.0% | 66.7% | 28.6% | 37.5% | 28.6% | 44.0% |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | 53.6% | -2.8% | - | - | 82.2% | - | - | 322.1% | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | -8.1% | -3.1% | -4.3% | -1.7% | 3.8% | 5.8% | 4.5% | 2.5% | -0.3% | -1.3% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2026-01-31.
Business segments
$594.78M totalReportable Segment$594.78M · 100.0%
Product / service
$1.01B totalLicense And Service$523.13M · 51.9%
Subscriptions Non Mortgage$334.04M · 33.1%
Subscriptions Mortgage$79.60M · 7.9%
Professional Services$71.65M · 7.1%
Geographic
$726.30M totalUS$463.26M · 63.8%
Non Us$131.52M · 18.1%
GB$72.75M · 10.0%
Other Geographic Regions$58.77M · 8.1%
Peer comparison
Same SIC group: Services-Prepackaged Software
Comparing nCino against the 5 most active filers in the same SIC group.