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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:ResearchAndDevelopmentExpense.

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
Gross profit86,442100,938
Operating expenses
Sales and marketing32,97133,725
Research and development33,34128,865
General and administrative21,64317,229
Total operating expenses87,95579,819
Income (loss) from operations(1,513)21,119
Non-operating income (expense)

Item 1. Financial Statements

FAQ

What is nCino, Inc.'s R&D?
nCino, Inc. (NCNO) reported R&D of $28.87M in Q1 2026.
How has nCino, Inc.'s R&D changed year-over-year?
nCino, Inc.'s R&D decreased by 13.4% year-over-year, from $33.34M to $28.87M.
What is the long-term trend for nCino, Inc.'s R&D?
Over 4 years (2022 to 2026), nCino, Inc.'s R&D has grown at a 12.6% compound annual growth rate (CAGR), from $79.36M to $127.53M.
What does R&D mean?
Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.

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