Company: NCNO
Filing Date: 2025-12-03
Form Type: 10-Q
Source: 0001902733-25-000131
Chunk: 129

Company: nCino, Inc.
Filing Date: 2025-12-03
Form: 10-Q
Item: Part I, Item 8
Chunk 129
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 13,061 35,868 37,857 Total United States109,191 118,604 316,357 346,461 InternationalSubscriptions22,983 27,868 63,722 81,147 Professional services and other6,623 5,691 19,208 17,507 Total International29,606 33,559 82,930 98,654 Total Revenue$138,797 $152,163 $399,287 $445,115  Revenues by geography are determined based on the region of the Company’s contracting entity, which may be different than the region of the customer. During the fourth quarter of fiscal year 2025, the Company changed the presentation of disaggregated revenues from a classification primarily based on geographic region to a classification to include sources by geographic region. The prior period presentation of disaggregated revenues has been reclassified to conform with the current period presentation.Contract AmountsAccounts ReceivableAccounts receivable, less allowance for doubtful accounts, is as follows as of January 31, 2025 and October 31, 2025:As of January 31, 2025As of October 31, 2025Trade accounts receivable$122,394 $64,411 Unbilled accounts receivable23,662 22,494 Allowance for doubtful accounts(1,229)(1,245)Other accounts receivable1,960 1,288 Total accounts receivable, net$146,787 $86,948 

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Table of ContentsnCino, Inc.NOTES TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS(In thousands, except share and per share amounts and unless otherwise indicated)

Deferred Revenue and Remaining Performance ObligationsSignificant movements in the deferred revenue balance during the period consisted of increases due to payments received or due in advance prior to the transfer of control of the underlying performance obligations to the customer, which were offset by decreases due to revenues recognized in the period. During the nine months ended October 31, 2025, $190.9 million of revenues were recognized out of the deferred revenue balance as of January 31, 2025.Remaining performance obligations were $1.2 billion as of October 31, 2025. The Company expects to recognize approximately 69% of its remaining performance obligation as revenues in the next 24 months, approximately 26% more in the following