Company: NCNO
Filing Date: 2025-08-26
Form Type: 10-Q
Source: 0001902733-25-000106
Chunk: 157

Company: nCino, Inc.
Filing Date: 2025-08-26
Form: 10-Q
Item: Part I, Item 8
Chunk 157
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)Revenues:Subscription revenues$113,911 $130,752 $224,317 $256,340 Professional services and other revenues18,492 18,063 36,173 36,612 Total revenues132,403 148,815 260,490 292,952 Cost of revenues:Cost of subscription revenues33,367 37,992 65,147 74,117 Cost of professional services and other revenues20,564 22,698 39,964 44,268 Total cost of revenues53,931 60,690 105,111 118,385 Gross profit78,472 88,125 155,379 174,567 Operating expenses:Sales and marketing31,713 37,265 59,758 70,236 Research and development34,271 34,667 64,252 68,008 General and administrative20,394 25,489 42,938 47,132 Total operating expenses86,378 97,421 166,948 185,376 Loss from operations(7,906)(9,296)(11,569)(10,809)Non-operating income (expense):Interest income321 513 926 930 Interest expense(1,835)(4,444)(3,312)(8,894)Other income (expense), net150 717 (594)16,814 Loss before income taxes(9,270)(12,510)(14,549)(1,959)Income tax provision (benefit)1,753 1,209 (1,229)5,743 Net loss(11,023)(13,719)(13,320)(7,702)Net income (loss) attributable to redeemable non-controlling interest(58)(74)(223)2 Adjustment attributable to redeemable non-controlling interest75 1,612 919 1,991 Net loss attributable to nCino, Inc.$(11,040)$(15,257)$(14,016)$(9,695)

1Includes the operating results of DocFox, ILT, FullCircl and Sandbox Banking from the DocFox Acquisition Date, the ILT Acquisition Date, FullCircl Acquisition Date and the Sandbox Acquisition Date, respectively, see Note 6 "Business Combinations" of the notes to our consolidated financial statements included in Part I, Item 1