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nCino, Inc. NCNO Business Segments — Adjusted cost of revenues

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Other financials

Income statement

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Revenue$159.4M+10.6%
Gross profit$100.9M+16.8%
Operating income$21.1M+1,496%
Net income$13.6M+145%
EPS (diluted)$0.12+140%

Balance sheet

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Cash & equivalents$103.1M-22.8%
Total debt$326.7M+356%
Total equity$970.4M-9.5%
Total assets$1.6B-2.6%

Cash flow

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Operating cash flow$81.4M+49.9%
CapEx$614.0K-64.3%
Free cash flow$80.8M+53.6%

Valuation

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Market cap$2.08B-31.6%
Enterprise value$2.3B-22.8%
P/E156.7×
P/S3.4×-1.9×

Profitability

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Gross margin61.4%+1.4pp
Operating margin4.3%+3.1pp
Net margin2.2%+1.3pp
FCF margin18.2%

Returns & leverage

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Return on equity1.3%+0.8pp
Debt / equity0.3×+0.3×
Current ratio0.9×-0.2×

Where this comes from

Reported directly by nCino, Inc. in its filing.

Tagged under the XBRL concept ncno:CostOfRevenuesAdjusted.

The source filing: nCino, Inc.’s 10-Q, filed May 27, 2026.

Filed
May 27, 2026, 5:08 PM EDT
Fiscal quarter
Q1 FY2027
Calendar quarter
Q2 2026
Accession
0001902733-26-000066
Line itemThree Months Ended April 30, 20252026
Revenues$144,137$159,414
Less:
Adjusted cost of revenues(1)49,12050,084
Adjusted sales and marketing expense(2)25,67626,884
Adjusted research and development expense(3)29,13625,438
Adjusted general and administrative expense(4)15,37512,497
Interest income(417)(366)
Interest expense4,4504,481

Item 1. Financial Statements

FAQ

What is nCino, Inc.'s business segments — adjusted cost of revenues?
nCino, Inc. (NCNO) reported business segments — adjusted cost of revenues of $50.08M in Q1 2026.
How has nCino, Inc.'s business segments — adjusted cost of revenues changed year-over-year?
nCino, Inc.'s business segments — adjusted cost of revenues increased by 2.0% year-over-year, from $49.12M to $50.08M.
What is the long-term trend for nCino, Inc.'s business segments — adjusted cost of revenues?
Over 3 years (2023 to 2026), nCino, Inc.'s business segments — adjusted cost of revenues has grown at a 11.2% compound annual growth rate (CAGR), from $143.46M to $197.33M.
What does business segments — adjusted cost of revenues mean?
Includes the direct costs associated with delivering the segment's cloud-based software and professional services, such as hosting infrastructure and personnel costs for implementation. Monitoring this metric helps assess the direct efficiency of service delivery and the scalability of the segment's operational model.

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