Company: NCNO
Filing Date: 2025-12-03
Form Type: 10-Q
Source: 0001902733-25-000131
Chunk: 40

Company: nCino, Inc.
Filing Date: 2025-12-03
Form: 10-Q
Item: Part I, Item 1
Chunk 40
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686 240,431 268,253 Operating expensesSales and marketing29,729 33,107 89,487 103,343 Research and development33,039 29,541 97,291 97,549 General and administrative23,108 19,322 66,046 66,454 Total operating expenses85,876 81,970 252,824 267,346 Income (loss) from operations(824)11,716 (12,393)907 Non-operating income (expense)Interest income482 339 1,408 1,269 Interest expense(1,653)(4,335)(4,965)(13,229)Other income (expense), net432 200 (162)17,014 Income (loss) before income taxes(1,563)7,920 (16,112)5,961 Income tax provision (benefit)2,589 (695)1,360 5,048 Net income (loss)(4,152)8,615 (17,472)913 Net loss attributable to redeemable non-controlling interest (Note 2)(186)(33)(409)(31)Adjustment attributable to redeemable non-controlling interest (Note 2)1,286 2,109 2,205 4,100 Net income (loss) attributable to nCino, Inc.$(5,252)$6,539 $(19,268)$(3,156)Net income (loss) per share attributable to nCino, Inc.:Basic$(0.05)$0.06 $(0.17)$(0.03)Diluted$(0.05)$0.06 $(0.17)$(0.03)Weighted average number of common shares outstanding:Basic115,611,833 114,407,430 114,970,622 113,594,540 Diluted115,611,833 115,830,218 114,970,622 113,594,540 

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

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nCino, Inc.

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)

(In thousands)

(Unaudited)

Three Months Ended October 31,Nine Months Ended October 31,2024202520242025