Company: NCNO
Filing Date: 2025-08-26
Form Type: 10-Q
Source: 0001902733-25-000106
Chunk: 43

Company: nCino, Inc.
Filing Date: 2025-08-26
Form: 10-Q
Item: Part I, Item 1
Chunk 43
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512,783 548,854 Commitments and contingencies (Note 11)Redeemable non-controlling interest (Note 2)8,286 10,345 Stockholders’ equityPreferred stock, $0.001 par value; 10,000,000 shares authorized, and none issued and outstanding at January 31, 2025 and July 31, 2025— — Common stock, $0.0005 par value; 500,000,000 shares authorized at January 31, 2025 and July 31, 2025; 115,996,852 and 118,017,701 shares issued; 115,996,852 and 115,444,919 outstanding at January 31, 2025 and July 31, 2025, respectively58 59 Treasury stock, at cost; 0 and 2,572,782 shares at January 31, 2025 and July 31, 2025, respectively— (60,598)Additional paid-in capital1,474,413 1,510,517 Accumulated other comprehensive income (loss)176 (121)Accumulated deficit(385,335)(393,039)Total stockholders’ equity1,089,312 1,056,818 Total liabilities, redeemable non-controlling interest, and stockholders’ equity$1,610,381 $1,616,017 

The accompanying notes are an integral part of these unaudited condensed consolidated financial statements.

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Table of Contents

nCino, Inc.

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

(In thousands, except share and per share data)

(Unaudited)

Three Months Ended July 31,Six Months Ended July 31,2024202520242025RevenuesSubscription$113,911 $130,752 $224,317 $256,340 Professional services and other18,492 18,063 36,173 36,612 Total revenues132,403 148,815 260,490 292,952 Cost of revenuesSubscription33,367 37,992 65,147 74,117 Professional services and other20,564 22,698 39,964 44,268 Total cost of revenues53,931 60,690 105,111 118,385 Gross profit78,472 88,