Company: NCNO
Filing Date: 2025-12-03
Form Type: 10-Q
Source: 0001902733-25-000131
Chunk: 45

Company: nCino, Inc.
Filing Date: 2025-12-03
Form: 10-Q
Item: Part I, Item 1
Chunk 45
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,223 1,566 Stock issuance under the employee stock purchase plan2,514 2,444 Principal payments on financing obligations(916)(1,245)Net cash provided by (used in) financing activities168,439 (59,815)Effect of foreign currency exchange rate changes on cash, cash equivalents, and restricted cash(93)2,922 Net increase (decrease) in cash, cash equivalents, and restricted cash140,809 (33,385)Cash, cash equivalents, and restricted cash, beginning of period117,444 121,267 Cash, cash equivalents, and restricted cash, end of period$258,253 $87,882 

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

Nine Months Ended October 31,20242025Reconciliation of cash, cash equivalents, and restricted cash, end of period:Cash and cash equivalents$257,894 $87,590 Restricted cash included in prepaid expenses and other current assets— 134 Restricted cash included in long-term prepaid expenses and other assets359 158 Total cash, cash equivalents, and restricted cash, end of period$258,253 $87,882 Supplemental disclosure of cash flow informationCash paid for interest$4,846 $12,323 Cash paid for taxes, net of refunds2,770 3,504 Supplemental disclosure of noncash investing and financing activitiesFair value of contingent consideration in connection with business acquisition in accrued expenses and other current liabilities$— $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 Excise tax on repurchases of common stock— 263 

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 (“FI”) to streamline employee and