nCino, Inc.

Annual Trend FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Revenues
Total cost of revenues $64.1m $88.1m $111.4m $169.6m $191.5m $215.9m $234.6m
Gross profit $74.1m $116.2m $162.5m $238.7m $285.1m $324.8m $360.2m
Research and development $35.3m $58.3m $79.4m $121.6m $117.3m $129.4m $127.5m
Total operating expenses $102.3m $158.8m $233.8m $332.7m $324.6m $342.9m $356.4m
Sales and marketing $44.4m $59.7m $82.9m $127.7m $130.5m $123.2m $136.6m
General and administrative $22.5m $40.8m $71.5m $83.5m $76.7m $90.3m $92.4m
Income (loss) from operations ($28.2m) ($42.6m) ($71.4m) ($94.0m) ($39.5m) ($18.1m) $3.7m
Interest income $988k $361k $194k $403k $2.6m $1.8m $1.4m
Income (loss) before income taxes ($27.1m) ($40.7m) ($74.0m) ($97.8m) ($41.9m) ($35.6m) $6.7m
Income tax provision (benefit) $586k $586k ($23.8m) $4.1m $1.6m ($2.5m) ($3.0m)
Adjustment attributable to redeemable non-controlling interest (Note 2) $0 $396k $894k $2.0m ($71k) $5.3m $4.4m
Net income (loss) ($27.7m) ($41.3m) ($50.1m) ($101.8m) ($43.5m) ($33.0m) $9.7m
Net income (loss) attributable to redeemable non-controlling interest (Note 2) ($141k) ($1.1m) ($1.6m) ($1.1m) ($1.1m) ($472k) $141k
Net income (loss) attributable to nCino, Inc. ($27.6m) ($40.5m) ($49.4m) ($102.7m) ($42.3m) ($37.9m) $5.2m
Basic (in USD per share) ($0.35) ($0.47) ($0.52) ($0.92) ($0.39) ($0.29) $0.09
Diluted (in USD per share) ($0.35) ($0.46) ($0.51) ($0.92) ($0.39) ($0.29) $0.08
Interest expense $0 ($130k) ($1.5m) ($2.8m) ($4.1m) ($8.8m) ($17.5m)
Other income (expense), net $33k $1.7m ($1.3m) ($1.4m) ($856k) ($10.4m) $19.0m