$NCNO Market Cap: $2.845 Billion
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Financial Snapshot

Revenue
$540.7M
TTM
Gross Margin
60.07%
TTM
Net Earnings
-$37.88M
TTM
Current Assets
$302.2M
Q1 2025
Current Liabilities
$251.5M
Q1 2025
Current Ratio
120.17%
Q1 2025
Total Assets
$1.610B
Q1 2025
Total Liabilities
$512.8M
Q1 2025
Book Value
$1.098B
Q1 2025
Cash
$120.9M
Q1 2025
P/E
-75.11
Apr 09, 2025 EST
Free Cash Flow
$53.08M
TTM

Revenues

Revenues

Revenue YoY Change

Revenues

Concept 2025 2024 2023 2022 2021 2020 2019 2018
Revenue $540.7M $476.5M $408.3M $273.9M $204.3M $138.2M $91.50M $58.10M
YoY Change 13.45% 16.71% 49.09% 34.06% 47.85% 51.02% 57.49%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept 2025 2024 2023 2022 2021 2020 2019 2018
Revenue $540.7M $476.5M $408.3M $273.9M $204.3M $138.2M $91.50M $58.10M
Cost Of Revenue $215.9M $191.5M $169.6M $111.4M $88.14M $64.07M $46.50M $30.50M
Gross Profit $324.8M $285.1M $238.7M $162.5M $116.2M $74.11M $45.10M $27.70M
Gross Profit Margin 60.07% 59.82% 58.46% 59.32% 56.86% 53.63% 49.29% 47.68%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operating Profits/Loss YoY Change

Operating Earnings to Gross Profit Ratio

Operating Profit Margin

Operational Expenses

Concept 2025 2024 2023 2022 2021 2020 2019 2018
Selling, General & Admin $213.5M $207.3M $211.1M $154.4M $100.5M $66.98M $45.50M $29.50M
YoY Change 3.0% -1.83% 36.71% 53.67% 50.06% 47.2% 54.24%
% of Gross Profit 65.73% 72.71% 88.45% 95.07% 86.52% 90.37% 100.89% 106.5%
Research & Development $129.4M $117.3M $121.6M $79.36M $58.26M $35.30M $21.80M $16.30M
YoY Change 10.32% -3.51% 53.19% 36.22% 65.03% 61.94% 33.74%
% of Gross Profit 39.85% 41.15% 50.93% 48.85% 50.16% 47.64% 48.34% 58.84%
Depreciation & Amortization $36.35M $45.26M $34.65M $10.01M $7.431M $4.609M $1.460M $970.0K
YoY Change -19.7% 30.62% 246.31% 34.65% 61.23% 215.68% 50.52%
% of Gross Profit 11.19% 15.88% 14.52% 6.16% 6.4% 6.22% 3.24% 3.5%
Operating Expenses $342.9M $324.6M $332.7M $233.8M $158.8M $102.3M $68.30M $46.40M
YoY Change 5.65% -2.45% 42.31% 47.27% 55.23% 49.75% 47.2%
Operating Profit -$18.13M -$39.51M -$94.01M -$71.36M -$42.61M -$28.17M -$23.20M -$18.70M
YoY Change -54.11% -57.97% 31.75% 67.47% 51.25% 21.42% 24.06%
Operating Profit To Gross Profit -5.58% -13.86% -39.38% -43.92% -36.68% -38.01% -51.44% -67.51%
Operating Profit To Revenue -3.35% -8.29% -23.02% -26.06% -20.86% -20.39% -25.36% -32.19%

Interest Expenses

Interest Expenses To Operating Income %

No data

Other Expense/Income

Interest & Other Expense/Income

Concept 2025 2024 2023 2022 2021 2020 2019 2018
Interest Expense -$17.50M $4.135M $2.807M $1.514M $130.0K $0.00 $1.300M $300.0K
YoY Change -523.26% 47.31% 85.4% 1064.62% -100.0% 333.33%
% of Operating Profit
Other Income/Expense, Net -$10.43M -$856.0K -$1.356M -$1.277M $1.693M $33.00K -$200.0K $0.00
YoY Change 1118.11% -36.87% 6.19% -175.43% 5030.3% -116.5%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

No data

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept 2025 2024 2023 2022 2021 2020 2019 2018
Pretax Income -$35.56M -$41.94M -$97.77M -$73.95M -$40.68M -$27.15M -$22.10M -$18.50M
YoY Change -15.2% -57.11% 32.21% 81.78% 49.85% 22.85% 19.46%
Income Tax -$2.511M $1.590M $4.071M -$23.83M $586.0K $586.0K $200.0K -$9.900M
% Of Pretax Income
Net Earnings -$37.88M -$42.35M -$102.7M -$49.45M -$40.54M -$27.59M -$22.30M -$18.60M
YoY Change -10.55% -58.78% 107.74% 21.98% 46.9% 23.74% 19.89%
Net Earnings / Revenue -7.01% -8.89% -25.16% -18.05% -19.84% -19.97% -24.37% -32.01%
Basic Earnings Per Share -$0.33 -$0.38 -$0.93 -$0.51 -$0.46 -$0.35
Diluted Earnings Per Share -$0.33 -$0.38 -$0.93 -$0.51 -$0.46 -$0.35 -$248.9K -$207.6K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

No data

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept 2025 2024 2023 2022 2021 2020 2019 2018
Cash & Short-Term Investments $120.9M $112.1M $64.89M $76.89M $38.90M $24.10M $14.70M $10.80M
YoY Change 7.89% 72.74% -15.61% 97.65% 61.41% 63.95% 36.11%
Cash & Equivalents $120.9M $112.1M $64.89M $76.89M $38.90M $24.10M $14.70M $10.80M
Short-Term Investments
Other Short-Term Assets $21.07M $15.17M $33.42M $24.51M $342.9M $74.20M $64.60M $73.90M
YoY Change 38.9% -54.61% 36.35% -92.85% 362.13% 14.86% -12.58%
Inventory
Prepaid Expenses
Receivables $158.3M $123.0M $108.1M $81.01M $59.90M $46.90M $29.80M $24.30M
Other Receivables $1.960M $557.0K $747.0K $1.101M $500.0K $100.0K $0.00 $0.00
Total Short-Term Assets $302.2M $250.8M $207.2M $183.5M $442.2M $145.3M $109.2M $109.0M
YoY Change 20.53% 21.03% 12.91% -58.5% 204.34% 33.06% 0.18%
Property, Plant & Equipment $90.98M $98.41M $94.95M $73.85M $29.90M $13.50M $10.40M $3.800M
YoY Change -7.55% 3.64% 28.58% 146.98% 121.48% 29.81% 173.68%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $9.294M $9.294M $6.531M $4.031M
YoY Change 0.0% 42.31% 62.02%
Other Assets $10.18M $10.09M $8.101M $1.615M $800.0K $2.500M $400.0K $200.0K
YoY Change 0.88% 24.54% 401.61% 101.88% -68.0% 525.0% 100.0%
Total Long-Term Assets $1.308B $1.090B $1.120B $1.118B $121.2M $104.9M $10.80M $4.000M
YoY Change 20.05% -2.72% 0.23% 822.03% 15.54% 871.3% 170.0%
Total Assets $1.610B $1.340B $1.327B $1.301B $563.4M $250.2M $120.0M $113.0M
YoY Change
Accounts Payable $13.64M $11.84M $11.88M $11.37M $6.000M $4.700M $3.400M $2.300M
YoY Change 15.18% -0.3% 4.5% 89.43% 27.66% 38.24% 47.83%
Accrued Expenses $43.82M $28.78M $37.39M $39.75M $12.50M $7.900M $5.200M $3.300M
YoY Change 52.26% -23.04% -5.92% 217.97% 58.23% 51.92% 57.58%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $1.680M $1.474M $1.015M $621.0K $300.0K
YoY Change 13.98% 45.22% 63.45% 107.0%
Total Short-Term Liabilities $251.5M $215.0M $205.2M $174.4M $115.7M $76.60M $52.40M $34.90M
YoY Change 16.96% 4.81% 17.65% 50.71% 51.04% 46.18% 50.14%
Long-Term Debt $217.2M $52.68M $84.37M $33.48M $15.90M $0.00 $0.00 $0.00
YoY Change 312.25% -37.56% 152.0% 110.55%
Other Long-Term Liabilities $30.25M $16.42M $7.282M $20.98M $2.400M $1.800M $1.500M $0.00
YoY Change 84.18% 125.53% -65.29% 774.08% 33.33% 20.0%
Total Long-Term Liabilities $247.4M $69.10M $91.65M $54.46M $18.30M $1.800M $1.500M $0.00
YoY Change 258.05% -24.6% 68.3% 197.57% 916.67% 20.0%
Total Liabilities $521.1M $291.3M $303.2M $233.4M $138.2M $82.90M $53.90M $35.00M
YoY Change 78.91% -3.94% 29.91% 68.88% 66.71% 53.8% 54.0%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

No data

Treasury Stock Shares

No data

Stock Issuance & Repurchase

Ownership Data

Concept 2025 2024 2023 2022 2021 2020 2019 2018
Basic Shares Outstanding 115.2M shares 112.7M shares 110.6M shares 96.72M shares 87.68M shares 78.32M shares
Diluted Shares Outstanding 115.2M shares 112.7M shares 110.6M shares 96.72M shares 87.68M shares 78.32M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Dividends

No data

Stock Price

Market Cap: $2.8449 Billion

About nCino Inc

nCino, Inc. engages in the provision of cloud-based software applications for financial institutions in the United States and internationally. The company is headquartered in Wilmington, North Carolina and currently employs 1,653 full-time employees. The company went IPO on 2020-07-14. The firm offers nCino Bank Operating System, which is a single, multi-tenant software-as-a-service solution that connects financial institutions (FI) employees, their clients and third parties on a single, cloud-based platform, eliminating silos and bringing new levels of coordination and transparency to the FI. This platform provides all the functionality necessary to complete workflow, enabling client onboarding, loan origination, deposit account opening, analytics and compliance. The nCino Bank Operating System also delivers data analytics and artificial intelligence and machine learning (AI/ML) capabilities through its nCino IQ application suite to provide its customers with automation and insights into their operations, such as tools for analyzing, measuring and managing credit risk, as well as to improve their ability to comply with regulatory requirements.

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