v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 3 Months Ended
Apr. 30, 2026
Apr. 30, 2025
Cash flows from operating activities    
Net income attributable to nCino, Inc. $ 13,641 $ 5,562
Net income and adjustment attributable to redeemable non-controlling interest 1,350 455
Net income 14,991 6,017
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 10,083 10,705
Non-cash operating lease costs 908 1,161
Amortization of costs capitalized to obtain revenue contracts 4,622 3,591
Amortization of debt issuance costs 88 72
Stock-based compensation 13,904 15,814
Change in fair value of contingent consideration 242 200
Deferred income taxes 180 2,656
Provision for (recovery of) bad debt (54) 202
Net foreign currency losses (gains) 185 (13,669)
Gains on investments 0 (1,652)
Loss on disposal of long-lived assets 0 73
Change in operating assets and liabilities:    
Accounts receivable 41,208 45,717
Costs capitalized to obtain revenue contracts (3,425) (3,158)
Prepaid expenses and other assets (1,394) (1,542)
Accounts payable 1,154 480
Accrued expenses and other liabilities (15,294) (15,796)
Deferred revenue 14,895 5,245
Operating lease liabilities (1,013) (1,335)
Other long term liabilities 125 (461)
Net cash provided by operating activities 81,405 54,320
Cash flows from investing activities    
Acquisition of business, net of cash acquired 0 (50,263)
Purchases of property and equipment (614) (1,718)
Sale of investment 0 3,684
Net cash used in investing activities (614) (48,297)
Cash flows from financing activities    
Repurchases of common stock (110,083) (40,588)
Proceeds from borrowings on revolving credit facility 0 102,500
Payments on revolving credit facility (150,000) (60,000)
Proceeds from term loan, net of debt issuance costs 199,346 0
Exercise of stock options 473 748
Principal payments on financing obligations (321) (410)
Payment of contingent consideration (5,300) 0
Net cash provided by (used in) financing activities (65,885) 2,250
Effect of foreign currency exchange rate changes on cash, cash equivalents, and restricted cash (459) 4,040
Net increase in cash, cash equivalents, and restricted cash 14,447 12,313
Cash, cash equivalents, and restricted cash, beginning of period 88,685 121,267
Cash, cash equivalents, and restricted cash, end of period 103,132 133,580
Reconciliation of cash, cash equivalents, and restricted cash, end of period:    
Cash and cash equivalents 102,813 133,230
Restricted cash included in prepaid expenses and other current assets 173 0
Restricted cash included in long-term prepaid expenses and other assets 146 350
Total cash, cash equivalents, and restricted cash, end of period 103,132 133,580
Supplemental disclosure of cash flow information    
Cash paid for interest 4,361 4,145
Cash paid for taxes, net of refunds 622 750
Supplemental disclosure of noncash investing and financing activities    
Fair value of contingent consideration in connection with business acquisition in accrued expenses and other current liabilities 0 8,100
Purchase of property and equipment, accrued but not paid 0 2,425
Measurement period adjustments relating to business acquisitions 147 1,353
Noncash consideration in connection with business acquisition for settlement of a preexisting contract 0 1,354
Excise tax on repurchases of common stock $ 465 $ 0