Company: NCNO
Filing Date: 2025-04-01
Form Type: 10-K
Source: 0001902733-25-000026
Chunk: 54

Company: nCino, Inc.
Filing Date: 2025-04-01
Form: 10-K
Item: Item 8
Chunk 54
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(403)(2,567)(1,761)Interest expense2,807 4,135 8,763 Other expense, net1,356 856 10,427 Income tax provision (benefit)4,071 1,590 (2,511)Net loss$(101,844)$(43,526)$(33,049)(1) Cost of revenue, sales and marketing expense, research and development expense, general and administrative expense and other expense, net in the consolidated statements of operations, adjusted to exclude amortization of intangible assets, stock-based compensation expense, acquisition-related expenses, certain litigation expenses, and restructuring and related charges.(2) Other segment items are the adjustments described in the note above.Revenues by geographic region were as follows:Fiscal Year Ended January 31,202320242025United States$346,494 $387,201 $424,432 United Kingdom28,535 41,894 56,517 Other33,286 47,448 59,708 $408,315 $476,543 $540,657 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. For the fiscal years ended January 31, 2023, 2024, and 2025, no other country represented 10% or more of total revenues for the periods presented.Long-lived assets, which consist of property and equipment, net and operating ROU assets, net by geographic region were as follows:As of January 31,20242025United States$84,136 $79,115 United Kingdom12,446 9,760 Other1,824 2,104 $98,406 $90,979 

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

Note 20. Subsequent Events

Effective February 1, 2025, Pierre Naudé retired as the Company's Chairman and Chief Executive Officer and Sean Desmond was appointed to succeed Mr. Naudé as the Company's new President and Chief Executive Officer and as a member of the Company's Board of Directors. On the same date, Mr. Naudé was appointed Executive Chairman of the Board.In February 2025, the Company's wholly-owned subsidiary, nCino OpCo, acquired all of the