Company: NCNO
Filing Date: 2025-04-01
Form Type: 10-K
Source: 0001902733-25-000026
Chunk: 5

Company: nCino, Inc.
Filing Date: 2025-04-01
Form: 10-K
Item: Item 8
Chunk 5
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, noncurrent— 269 Revolving credit facility, noncurrent— 166,000 Financing obligations, noncurrent52,680 51,172 Other long-term liabilities— 17,160 Total liabilities287,826 512,783 Commitments and contingencies (Note 15)Redeemable non-controlling interest (Note 2)3,428 8,286 Stockholders’ equityPreferred stock, $0.001 par value; 10,000,000 shares authorized, and none issued and outstanding as of January 31, 2024 and January 31, 2025— — Common stock, $0.0005 par value; 500,000,000 shares authorized as of January 31, 2024 and January 31, 2025; 113,684,299 and 115,996,852 shares issued and outstanding as of January 31, 2024 and January 31, 2025, respectively57 58 Additional paid-in capital1,400,881 1,474,413 Accumulated other comprehensive income996 176 Accumulated deficit(352,758)(385,335)Total stockholders’ equity1,049,176 1,089,312 Total liabilities, redeemable non-controlling interest, and stockholders’ equity$1,340,430 $1,610,381 

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

57

Table of ContentsnCino, Inc.CONSOLIDATED STATEMENTS OF OPERATIONS(In thousands, except share and per share data)

Fiscal Year Ended January 31,202320242025RevenuesSubscription$344,752 $409,479 $469,168 Professional services and other63,563 67,064 71,489 Total revenues408,315 476,543 540,657 Cost of revenuesSubscription 106,265 120,861 134,932 Professional services and other63,341 70,609 80,937 Total cost of revenues169,606 191,470 215,869 Gross profit238,709 285,073 324,788 Operating expensesSales and marketing127,669 130,547 123,231 Research and development121,576 117,311 129,422 General and administrative83,477 76,727 90,266 Total