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nCino, Inc. NCNO Subscription — Total cost of revenues

Other product segments

Professional services and other
$19.23M-10.8%

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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-33.4%
Enterprise value$2.3B-24.9%
P/E156.9×
P/S3.4×-2.0×

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 us-gaap:CostOfGoodsAndServicesSold.

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, 2025Three Months Ended April 30, 2026
Professional services and other18,54918,485
Total revenues144,137159,414
Cost of revenues
Subscription36,12539,244
Professional services and other21,57019,232
Total cost of revenues57,69558,476
Gross profit86,442100,938
Operating expenses

Item 1. Financial Statements

FAQ

What is nCino, Inc.'s subscription — total cost of revenues?
nCino, Inc. (NCNO) reported subscription — total cost of revenues of $39.24M in Q1 2026.
How has nCino, Inc.'s subscription — total cost of revenues changed year-over-year?
nCino, Inc.'s subscription — total cost of revenues increased by 8.6% year-over-year, from $36.13M to $39.24M.
What is the long-term trend for nCino, Inc.'s subscription — total cost of revenues?
Over 4 years (2022 to 2026), nCino, Inc.'s subscription — total cost of revenues has grown at a 23.4% compound annual growth rate (CAGR), from $64.51M to $149.56M.
What does subscription — total cost of revenues mean?
This metric captures the aggregate direct costs associated with delivering subscription services to customers, including infrastructure, hosting, and support personnel. Monitoring this figure helps assess the scalability of the service delivery model and the efficiency of the cloud platform. It is a critical component for calculating the gross margin of the subscription segment.

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