← nCino, Inc.
| Annual Trend | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|
| Net income (loss) attributable to nCino, Inc. | ($27.6m) | ($40.5m) | ($49.4m) | ($102.7m) | ($42.3m) | ($37.9m) | $5.2m | — | |
| Net income (loss) attributable to redeemable non-controlling interest | ($141k) | ($734k) | ($675k) | $876k | ($1.2m) | $4.8m | $4.5m | — | |
| Net income (loss) | ($27.7m) |
($41.3m)
-48.80%
|
($50.1m)
-21.45%
|
($101.8m)
-103.20%
|
($43.5m)
+57.26%
|
($33.0m)
+24.07%
|
$9.7m
+129.36%
|
— | |
| Depreciation and amortization | $4.6m | $7.4m | $10.0m | $34.7m | $45.3m | $36.3m | $42.3m | $41.6m | |
| Amortization of costs capitalized to obtain revenue contracts | $3.2m | $4.7m | $5.8m | $8.5m | $9.9m | $12.0m | $15.1m | — | |
| Amortization of debt issuance costs | — | $0 | $0 | $177k | $184k | $131k | $287k | — | |
| Deferred income taxes | $195k | $168k | ($24.3m) | $1.6m | ($2.3m) | ($7.1m) | ($6.2m) | ($8.7m) | |
| Stock-based compensation | $5.7m | $25.2m | $28.5m | $50.2m | $58.0m | $71.6m | $73.9m | $72.0m | |
| Accounts receivable | ($9.3m) | ($20.6m) | ($13.5m) | ($26.8m) | ($14.3m) | ($31.4m) | ($16.2m) | ($20.7m) | |
| Accounts payable | ($65k) | $346k | $8.8m | $35k | $525k | ($190k) | $1.1m | $1.8m | |
| Accrued expenses and other current liabilities | $2.4m | $6.7m | $7.3m | ($1.2m) | ($6.0m) | $10.2m | ($2.1m) | — | |
| Deferred revenue | $20.9m | $38.3m | $24.3m | $33.5m | $15.9m | $13.8m | $10.9m | — | |
| Fair value of contingent consideration in connection with business acquisition in accrued expenses and other current liabilities | $197k | $0 | $0 | — | $0 | $0 | $8.1m | — | |
| Accrued purchase price related to acquisitions | $0 | $0 | $54k | $356k | $0 | $13.2m | $0 | — | |
| Prepaid expenses and other assets | ($1.6m) | ($3.3m) | ($2.5m) | ($3.4m) | $1.9m | ($7.1m) | $182k | — | |
| Restricted cash included in prepaid expenses and other current assets | — | — | — | — | $0 | $0 | $142k | — | |
| Restricted cash included in long-term prepaid expenses and other assets | — | — | $385k | $5.4m | $5.4m | $339k | $169k | — | |
| Net cash provided by operating activities | ($9.0m) |
$9.2m
+202.49%
|
($19.2m)
-308.51%
|
($15.4m)
+20.01%
|
$57.3m
+472.44%
|
$55.2m
-3.64%
|
$90.1m
+63.16%
|
$117.2m
+30.07%
|
|
| Purchases of property and equipment | ($5.8m) | ($4.3m) | ($5.5m) | ($18.3m) | ($3.5m) | ($1.8m) | ($7.5m) | ($6.4m) | |
| Proceeds from sale of property and equipment | — | — | $0 | $0 | $43k | $0 | $0 | — | |
| Gains on investments | — | — | $0 | $0 | ($263k) | $0 | ($1.7m) | — | |
| Purchase of investments | $0 | $0 | ($4.0m) | ($2.5m) | ($2.5m) | $0 | $0 | $0 | |
| Measurement period adjustment relating to business acquisitions | — | $0 | $0 | $1.3m | $0 | $0 | $10.0m | — | |
| Net cash used in investing activities | ($58.0m) | ($4.3m) | ($278.5m) | ($20.7m) | ($6.3m) | ($219.2m) | ($54.1m) | ($6.4m) | |
| Provision for bad debt | ($105k) | $100k | $90k | $806k | $1.1m | $85k | $1.7m | — | |
| Proceeds from borrowings on revolving credit facility | — | $0 | $0 | $50.0m | $0 | $241.0m | $112.5m | — | |
| Payments of debt issuance costs | — | $0 | $0 | ($367k) | $0 | ($1.5m) | $0 | — | |
| Repurchases of common stock | — | — | — | — | $0 | $0 | ($125.1m) | — | |
| Excise tax on repurchases of common stock | — | — | — | — | $0 | $0 | $503k | — | |
| Net cash provided by (used in) financing activities | $84.1m |
$274.1m
+225.98%
|
$15.9m
-94.19%
|
$36.7m
+130.57%
|
($21.1m)
-157.51%
|
$170.5m
+907.46%
|
($73.0m)
-142.84%
|
($141.2m)
-93.29%
|
|
| Net increase (decrease) in cash, cash equivalents, and restricted cash | $16.8m | $280.2m | ($283.0m) | ($981k) | $30.0m | $3.8m | ($32.6m) | — | |
| Cash, cash equivalents, and restricted cash, beginning of period | $91.2m | $371.4m | $88.4m | $87.4m | $117.4m | $121.3m | $88.7m | — | |
| Effect of foreign currency exchange rate changes on cash, cash equivalents, and restricted cash | ($229k) | $1.2m | ($1.2m) | ($1.6m) | $182k | ($2.7m) | $4.5m | — | |
| Additional Supplementary Disclosures | |||||||||
| Additional Supplementary Disclosures | |||||||||
| Non-cash operating lease costs | $0 | $0 | $2.5m | $3.8m | $4.5m | $5.0m | $4.0m | $117.2m | |
| Change in fair value of contingent consideration | — | — | — | — | $0 | $0 | $1.6m | — | |
| Net foreign currency (gains) losses | $0 | ($1.7m) | $1.9m | $1.5m | $670k | $8.7m | ($16.3m) | — | |
| Loss on disposal of long-lived assets | — | — | $0 | $0 | $150k | $35k | $463k | — | |
| Costs capitalized to obtain revenue contracts | ($5.6m) | ($9.0m) | ($11.0m) | ($12.2m) | ($10.3m) | ($21.5m) | ($25.1m) | — | |
| Operating lease liabilities | $0 | $0 | ($2.6m) | ($4.8m) | ($4.1m) | ($3.8m) | ($4.1m) | — | |
| Other long-term liabilities | — | — | — | $0 | $0 | $1.4m | $582k | — | |
| Acquisition of business, net of cash acquired | ($52.3m) | $0 | ($269.0m) | $676k | $0 | ($216.9m) | ($50.3m) | — | |
| Acquisition of assets | — | $0 | $0 | ($563k) | ($356k) | ($450k) | $0 | — | |
| Sale of investment | — | — | — | — | $0 | $0 | $3.7m | $0 | |
| Investment from redeemable non-controlling interest | $4.5m | $0 | $0 | $0 | $983k | $0 | $0 | — | |
| Payments on revolving credit facility | — | $0 | $0 | ($20.0m) | ($30.0m) | ($75.0m) | ($65.0m) | — | |
| Exercise of stock options | $1.0m | $8.7m | $13.9m | $3.8m | $4.5m | $2.8m | $2.0m | — | |
| Stock issuance under the employee stock purchase plan | $0 | $0 | $2.5m | $4.5m | $4.7m | $4.5m | $4.2m | — | |
| Principal payments on financing obligations | $0 | ($37k) | ($318k) | ($1.1m) | ($1.2m) | ($1.3m) | ($1.6m) | — | |
| Cash and cash equivalents | $91.2m | $371.4m | $88.0m | $82.0m | $112.1m | $120.9m | $88.4m | $133.6m | |
| Cash paid for interest | $0 | $130k | $1.5m | $2.6m | $4.3m | $8.7m | $16.0m | — | |
| Noncash consideration for settlement of preexisting contract | — | — | — | — | $0 | $0 | $1.4m | — |