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Nasdaq · Technology

nCino, Inc. (NCNO)

As-reported financials and SEC filings for nCino, Inc. The latest annual period is FY2026. The latest reported quarter is Q2 FY2027. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About nCino, Inc.

nCino, Inc. provides a cloud-based platform that helps financial institutions improve their operations by integrating data, workflows, and artificial intelligence. Its main products include solutions for onboarding, account opening, lending, credit monitoring, and integration of disparate systems. The company serves banks and credit unions of various sizes globally, enabling them to streamline processes, manage risk, and enhance customer and employee experiences.

Snapshot

Revenue
$594.8M
Revenue growth (YoY)
10.0%
Net income
$5.2M
Diluted EPS
$0.05
Gross margin
60.6%
Operating margin
0.6%
Net margin
0.9%
FCF margin
13.9%
ROE
0.5%
net income / fiscal-year-end equity
P/E
72.9×
trailing when available, otherwise FY EPS
Market cap
$2.39B
Long-term debt / equity
0.20×
non-current term debt only

Fundamentals are from SEC filings for FY2026, the latest annual period (ended January 31, 2026). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at nCino

  • Revenue grew 10.0% to $595M in FY2026, slower than the 13.5% the year before.
  • Operating margin turned positive at 0.6% in FY2026, from a 26.1% operating loss in FY2022.
  • Most recent quarter Q2 FY2027: revenue $161M, up 8.2% from Q2 FY2026.
  • Free cash flow was $83M in FY2026, 13.9% of revenue.
  • Net income turned positive at $5M in FY2026, from a $38M loss in FY2025.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where nCino’s fundamentals sit among the 332 software companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin60.6%
40th percentile of 264
Operating margin0.6%
47th percentile of 303
Net margin0.9%
46th percentile of 307
FCF margin13.9%
49th percentile of 285
Revenue growth (YoY)+10.0%
47th percentile of 325
ROE0.5%
46th percentile of 285
P/E72.9×
86th percentile of 169
Long-term debt / equity0.20×
33rd percentile of 127
Short interest9.90d
95th percentile of 330

nCino’s P/E of 72.9 ranks in the 86th percentile of the 169 peers with a meaningful P/E.

No reported insider purchases (code P) in the last 90 days; 10 insider sales totaling $1.6M. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among industry peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 2 of the superinvestors we track (plus 3 quant / multi-strat books), based on each investor’s most recent 13F; periods vary by investor (newest: Q2 2026).

Conviction investors
2
+3 quant / multi-strat
Initiated / added
3
1 new, 2 added
Reduced / exited
3
2 trimmed, 1 exited
Combined position
$142.6M
reported long value
InvestorAs ofPosition valueSharesChange
AQR Capital ManagementquantQ2 2026$112.4M7.1MAdded
Gotham Asset ManagementQ2 2026$19.8M1.2MAdded
Citadel AdvisorsquantQ2 2026$5.1M310.8KReduced
Millennium ManagementquantQ2 2026$4.7M289.9KReduced
Bridgewater AssociatesQ2 2026$606,84737.1KNew

No longer held by: Point72 Asset Management (as of Q2 2026)

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
0
code P
Bought (90d)
code P value
Sells (90d)
10
$1.6M
Reported activity
Net selling
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-08-27
filed 2026-08-31
Sellers JeanetteSVP of AccountingSell690$22.70$16K
2026-08-05
filed 2026-08-06
Desmond SeanCEO & PresidentSell11.8K$19.53$231K
2026-08-05
filed 2026-08-06
Sellers JeanetteSVP of AccountingSell1.5K$19.53$30K
2026-08-04
filed 2026-08-06
Desmond SeanCEO & PresidentSell28.7K$19.22$551K
2026-08-04
filed 2026-08-06
Orenstein GregoryCFO & TreasurerSell11.8K$19.22$226K
2026-08-04
filed 2026-08-06
Rieger AprilChief Lgl. & Admin Ofc., SecSell7.9K$19.22$151K
2026-08-04
filed 2026-08-06
Naude PierreDirectorSell4.7K$19.22$90K
2026-08-04
filed 2026-08-06
Sellers JeanetteSVP of AccountingSell887$19.22$17K
2026-07-06
filed 2026-07-08
Desmond SeanCEO & PresidentSell8.1K$17.47$141K
2026-06-03
filed 2026-06-05
Desmond SeanCEO & PresidentSell8.1K$16.26$131K
2026-05-05
filed 2026-05-07
Desmond SeanCEO & PresidentSell16.6K$18.04$299K
2026-05-05
filed 2026-05-07
Sellers JeanetteSVP of AccountingSell3.7K$18.04$67K

Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
18.3M
settled 2026-08-14
Change vs prior
-2.1%
vs previous settlement
Days to cover
9.90
at avg daily volume
Avg daily volume
1.8M
FINRA reported
SettlementShares shortChangeDays to cover
2026-08-1418.3M-2.1%9.90
2026-07-3118.7M+1.0%8.47
2026-07-1518.5M-8.3%7.00
2026-06-3020.2M+18.4%3.89
2026-06-1517.0M+2.5%5.03
2026-05-2916.6M+12.6%3.62
2026-05-1514.7M+14.4%5.17
2026-04-3012.9M-2.0%4.64

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2026FY2025FY2024FY2023FY2022
Revenue$594.8M$540.7M$476.5M$408.3M$273.9M
Gross profit$360.2M$324.8M$285.1M$238.7M$162.5M
Operating income$3.7M$-18.1M$-39.5M$-94.0M$-71.4M
Net income$5.2M$-37.9M$-42.3M$-102.7M$-49.4M
Diluted EPS$0.05$-0.33$-0.38$-0.93$-0.51

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Balance sheet (as reported)

 FY2026FY2025FY2024FY2023FY2022
Cash and equivalents$88.4M$120.9M$112.1M$82.0M$88.0M
Current assets$293.5M$302.2M$250.8M$207.2M$183.5M
Total assets$1.65B$1.61B$1.34B$1.33B$1.30B
Current liabilities$294.5M$251.5M$215.0M$205.2M$174.4M
Long-term debt$213.5M
Total liabilities$579.5M$512.8M$287.8M$299.6M$230.5M
Total equity$1.06B$1.09B$1.05B$1.02B$1.07B

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2026FY2025FY2024FY2023FY2022
Operating cash flow$90.1M$55.2M$57.3M$-15.4M$-19.2M
Capital expenditure$7.5M$1.8M$3.5M$18.3M$5.5M
Free cash flow$82.6M$53.4M$53.8M$-33.7M$-24.7M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q2 FY2027$161.0M8.2%$5.1M$0.05
Q1 FY2027$159.4M10.6%$13.6M$0.12
Q4 FY2026$149.7M5.9%$8.3M$0.07
Q3 FY2026$152.2M9.6%$6.5M$0.06
Q2 FY2026$148.8M12.4%$-15.3M$-0.13
Q1 FY2026$144.1M12.5%$5.6M$0.05
Q4 FY2025$141.4M14.3%$-18.6M$-0.16
Q3 FY2025$138.8M13.8%$-5.3M$-0.05

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNasdaq
SectorTechnology
SIC industryServices-Prepackaged Software
Latest annual periodFY2026 (ended January 31, 2026)
Latest reported quarterQ2 FY2027 (ended July 31, 2026)
Oldest indexed filing2022
SEC CIK1902733

Selected SEC filings

10-Q2026-08-25
View on EDGAR →
10-Q2026-05-27
View on EDGAR →
8-K2026-08-25
View on EDGAR →
8-K2026-06-22
View on EDGAR →
8-K2026-05-27
View on EDGAR →

Largest software peers

All software stocksAll Technology companies →

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.