nCino (NCNO) | Financial Analysis & Statements
Financial Overview
Latest Annual: 2025Income Metrics
Revenue
540.7M
Gross Profit
324.8M
60.07%
Operating Income
-18.1M
-3.35%
Net Income
-33.0M
-6.11%
EPS (Diluted)
-$0.33
Balance Sheet Metrics
Total Assets
1.6B
Total Liabilities
512.8M
Shareholders Equity
1.1B
Debt to Equity
0.47
Cash Flow Metrics
Operating Cash Flow
43.3M
Free Cash Flow
53.4M
Revenue & Profitability Trend
nCino Income Statement From 2021 to 2025
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | 540.7M | 476.5M | 408.3M | 273.9M | 204.3M |
| Cost of Goods Sold | 215.9M | 191.5M | 169.6M | 111.4M | 88.1M |
| Gross Profit | 324.8M | 285.1M | 238.7M | 162.5M | 116.2M |
| Operating Expenses | 342.9M | 324.6M | 332.7M | 233.8M | 158.8M |
| Operating Income | -18.1M | -39.5M | -94.0M | -71.4M | -42.6M |
| Pre-tax Income | -35.6M | -41.9M | -97.8M | -74.0M | -40.7M |
| Income Tax | -2.5M | 1.6M | 4.1M | -23.8M | 586.0K |
| Net Income | -33.0M | -43.5M | -101.8M | -50.1M | -41.3M |
| EPS (Diluted) | -$0.33 | -$0.38 | -$0.93 | -$0.51 | -$0.46 |
Income Statement Trend
nCino Balance Sheet From 2021 to 2025
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | 302.2M | 250.8M | 207.2M | 183.5M | 442.2M |
| Non-Current Assets | 1.3B | 1.1B | 1.1B | 1.1B | 121.2M |
| Total Assets | 1.6B | 1.3B | 1.3B | 1.3B | 563.4M |
| Liabilities | |||||
| Current Liabilities | 251.5M | 215.0M | 205.2M | 174.4M | 115.7M |
| Non-Current Liabilities | 261.3M | 72.8M | 94.4M | 56.1M | 18.7M |
| Total Liabilities | 512.8M | 287.8M | 299.6M | 230.5M | 134.4M |
| Equity | |||||
| Total Shareholders Equity | 1.1B | 1.1B | 1.0B | 1.1B | 429.0M |
Balance Sheet Composition
nCino Cash Flow Statement From 2021 to 2025
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | -33.0M | -43.5M | -101.8M | -50.1M | -41.3M |
| Operating Cash Flow | 43.3M | 59.8M | -13.1M | -26.0M | 7.4M |
| Investing Activities | |||||
| Capital Expenditures | -1.8M | -3.5M | -18.3M | -5.5M | -4.3M |
| Investing Cash Flow | -219.2M | -6.3M | -20.7M | -278.5M | -4.3M |
| Financing Activities | |||||
| Dividends Paid | - | - | - | - | - |
| Financing Cash Flow | 163.2M | -30.2M | 28.5M | -528.0K | 265.4M |
| Free Cash Flow | 53.4M | 53.8M | -33.7M | -24.7M | 4.9M |
Cash Flow Trend
nCino Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
-88.33
Forward P/E
33.89
Price to Book
3.16
Price to Sales
6.14
PEG Ratio
33.89
Profitability Ratios
Profit Margin
-5.27%
Operating Margin
-0.12%
Return on Equity
-2.30%
Return on Assets
-0.29%
Financial Health
Current Ratio
1.05
Debt to Equity
25.75
Beta
0.76
Per Share Data
EPS (TTM)
-$0.25
Book Value per Share
$9.34
Revenue per Share
$4.83
Peer Financial Comparison
| Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
|---|---|---|---|---|---|---|
| ncno | 3.4B | -88.33 | 3.16 | -2.30% | -5.27% | 25.75 |
| Salesforce | 262.0B | 42.88 | 4.33 | 10.31% | 16.08% | 19.81 |
| Intuit | 218.0B | 63.69 | 10.84 | 17.84% | 19.07% | 0.35 |
| Qxo | 14.5B | 21.67 | 1.94 | 1.44% | 65.40% | 0.01 |
| Descartes Systems | 8.8B | 61.93 | 6.04 | 10.66% | 21.67% | 0.55 |
| Altair Engineering | 9.6B | 699.06 | 11.17 | 1.81% | 2.13% | 30.23 |
Financial data is updated regularly. All figures are in the company's reporting currency.