v3.26.1
Basic and Diluted Net Income (Loss) per Share
6 Months Ended
Jul. 31, 2026
Earnings Per Share [Abstract]  
Basic and Diluted Net Income (Loss) per Share Basic and Diluted Net Income (Loss) per Share
Basic net income (loss) per share is computed by dividing net income (loss) attributable to nCino, Inc. by the weighted-average number of common shares outstanding for the fiscal period, net of treasury stock. Diluted net income (loss) per share is computed by giving effect to all potential weighted average dilutive common stock, including stock options issued and outstanding, non-vested RSUs issued and outstanding, and shares issuable pursuant to the ESPP. The dilutive effect of outstanding awards is reflected in diluted earnings per share by application of the treasury stock method. There is no difference between the basic and diluted net income (loss) per share when there is a net loss because inclusion of potentially issuable shares would be anti-dilutive.
The components of basic and diluted net income (loss) per share for periods presented are as follows (in thousands, except share and per share data):
Three Months Ended July 31,Six Months Ended July 31,
2025202620252026
Basic net income (loss) per share:
Numerator
Net income (loss) attributable to nCino, Inc.$(15,257)$5,081 $(9,695)$18,722 
Denominator
Weighted-average common shares outstanding, basic115,256,497 104,885,480 114,657,339 104,350,762 
Basic net income (loss) per share attributable to nCino, Inc.$(0.13)$0.05 $(0.08)$0.18 
Three Months Ended July 31,Six Months Ended July 31,
2025202620252026
Diluted net income (loss) per share:
Numerator
Net income (loss) attributable to nCino, Inc.$(15,257)$5,081 $(9,695)$18,722 
Denominator
Weighted-average common shares outstanding, basic115,256,497 104,885,480 114,657,339 104,350,762 
Effect of diluted stock options, non-vested RSUs, and shares of common stock issuable under the ESPP
— 475,712 — 715,819 
Weighted-average common shares outstanding, diluted115,256,497 105,361,192 114,657,339 105,066,581 
Diluted net income (loss) per share attributable to nCino, Inc.
$(0.13)$0.05 $(0.08)$0.18 
The following potential outstanding common stock were excluded from the diluted net income (loss) per share computation because the effect would have been anti-dilutive:
Six Months Ended July 31,
20252026
Stock options issued and outstanding562,629 10,382 
Non-vested RSUs issued and outstanding6,951,460 8,156,784 
Shares issuable pursuant to the ESPP89,919 94,022