Company: NCNO
Filing Date: 2025-08-26
Form Type: 10-Q
Source: 0001902733-25-000106
Chunk: 49

Company: nCino, Inc.
Filing Date: 2025-08-26
Form: 10-Q
Item: Part I, Item 1
Chunk 49
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 of foreign currency exchange rate changes on cash, cash equivalents, and restricted cash(1,354)3,529 Net increase in cash, cash equivalents, and restricted cash9,321 1,956 Cash, cash equivalents, and restricted cash, beginning of period117,444 121,267 Cash, cash equivalents, and restricted cash, end of period$126,765 $123,223 

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Table of ContentsnCino, Inc.CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (CONTINUED)(In thousands)(Unaudited)

Six Months Ended July 31,20242025Reconciliation of cash, cash equivalents, and restricted cash, end of period:Cash and cash equivalents$121,410 $122,935 Restricted cash included in prepaid expenses and other current assets— 132 Restricted cash included in long-term prepaid expenses and other assets5,355 156 Total cash, cash equivalents, and restricted cash, end of period$126,765 $123,223 Supplemental disclosure of cash flow informationCash paid for taxes, net of refunds$2,035 $2,360 Cash paid for interest$2,843 $8,257 Supplemental disclosure of noncash investing and financing activitiesFair value of contingent consideration in connection with business acquisition in accrued expenses and other current liabilities$— $8,100 Measurement period adjustments relating to business acquisitions$— $10,413 Noncash consideration in connection with business acquisition for settlement of a preexisting contract$— $1,354 

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

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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)

Note 1. Summary of Business and Significant Accounting Policies

Description of Business: nCino, Inc., together with its subsidiaries (collectively "the Company"), is a software-as-a-service ("SaaS") company that provides software solutions to financial institutions to streamline employee and client interactions. The Company is headquartered in Wilmington, North Carolina and has various locations in North America, Europe, Asia Pacific and South Africa. Unless otherwise indicated or the context otherwise requires, references to "we," "us," "our," "nCino," and the "Company" refer to nCino, Inc.