v3.26.1
Segment Information
 6 Months Ended
Jul. 31, 2026
Segment Reporting [Abstract]  
Segment Information Segment Information
The Company’s chief operating decision maker (“CODM”) is the Company’s Chief Executive Officer, who reviews financial information on a consolidated basis. The Company brings together people and data to enable financial institutions to enhance strategic decision-making, risk management, and customer satisfaction through the selection of intelligent solutions provided by the nCino Platform. As such, the Company has one operating and reportable segment. The CODM uses consolidated net income (loss) in deciding how to make operating decisions, allocate resources, and assess performance, including whether to reinvest profits into the segment or other parts of the entity, such as for acquisitions.
The following table presents selected financial information that is provided to our CODM:

Three Months Ended July 31,Six Months Ended July 31,
2025202620252026
Revenues$148,815 $161,001 $292,952 $320,415 
Less:
Adjusted cost of revenues(1)
50,129 51,145 99,249 101,229 
Adjusted sales and marketing expense(2)
28,093 29,182 53,769 56,066 
Adjusted research and development expense(3)
26,590 26,504 55,726 51,942 
Adjusted general and administrative expense(4)
13,993 13,340 29,368 25,837 
Interest income(513)(274)(930)(640)
Interest expense4,444 5,214 8,894 9,695 
Other (income) expense, net(5)
(717)750 (16,814)1,083 
Other segment items(6)
39,306 27,216 65,649 50,608 
Income tax provision
1,209 1,526 5,743 3,206 
Net income (loss)
$(13,719)$6,398 $(7,702)$21,389 
(1) Cost of revenue, net in the consolidated statements of operations, adjusted to exclude amortization of intangible assets, stock-based compensation expense, and restructuring and related charges, if any.
(2) Sales and marketing expense, net in the consolidated statements of operations, adjusted to exclude amortization of intangible assets, stock-based compensation expense, transaction-related expenses, and restructuring and related charges, if any.
(3) Research and development expense, net in the consolidated statements of operations, adjusted to exclude stock-based compensation expense, transaction-related expenses, and restructuring and related charges, if any.
(4) General and administrative expense, net in the consolidated statements of operations, adjusted to exclude stock-based compensation expense, transaction-related expenses, certain litigation expenses, and restructuring and related charges, if any.
(5) Beginning in the first quarter of fiscal 2027, other (income) expense, net in the consolidated statements of operations, adjusted to not exclude intercompany foreign currency exchange gains or losses from the remeasurement of intercompany loans and transactions that are denominated in currencies other than the underlying functional currency of the applicable entity. Prior period amounts were recast to conform to the current presentation.
(6) Other segment items are the adjustments described in the notes above.
Revenues by geographic region were as follows:
Three Months Ended July 31,Six Months Ended July 31,
2025202620252026
United States$115,307 $124,610 $227,857 $247,617 
United Kingdom18,951 17,584 36,874 35,476 
Other14,557 18,807 28,221 37,322 
$148,815 $161,001 $292,952 $320,415 
Revenues by geography are determined based on the region of the Company’s contracting entity, which may be different from the region of the customer. For the three and six months ended July 31, 2025 and 2026, only the United Kingdom, in addition to the United States, represented 10% or more of total revenues for the periods presented.
Long-lived assets, consisting of property and equipment, net, and operating lease right-of-use assets, net, by geographic region were as follows:
As of January 31, 2026As of July 31,
2026
United States$70,013 $67,978 
United Kingdom16,587 15,514 
Other1,694 1,771 
$88,294 $85,263