v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 6 Months Ended
Jul. 31, 2026
Jul. 31, 2025
Cash flows from operating activities    
Net income (loss) attributable to nCino, Inc. $ 18,722 $ (9,695)
Net income and adjustment attributable to redeemable non-controlling interest 2,667 1,993
Net income (loss) 21,389 (7,702)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 20,139 21,407
Non-cash operating lease costs 1,818 2,273
Amortization of costs capitalized to obtain revenue contracts 9,276 7,230
Amortization of debt issuance costs 209 144
Stock-based compensation 31,906 34,430
Change in fair value of contingent consideration 300 300
Deferred income taxes 1,329 4,003
Provision for bad debt 193 153
Net foreign currency losses (gains) 238 (14,018)
Gains on investments 0 (1,652)
Loss on disposal of long-lived assets 91 463
Change in operating assets and liabilities:    
Accounts receivable 42,920 51,837
Costs capitalized to obtain revenue contracts (8,357) (6,639)
Prepaid expenses and other assets 1,600 1,629
Accounts payable 336 660
Accrued expenses and other liabilities (17,942) (16,368)
Deferred revenue 11,996 (3,411)
Operating lease liabilities (2,019) (2,606)
Other long term liabilities 182 (77)
Net cash provided by operating activities 115,604 72,056
Cash flows from investing activities    
Acquisition of business, net of cash acquired 0 (50,263)
Purchases of property and equipment (809) (6,866)
Sale of investment 0 3,684
Net cash used in investing activities (809) (53,445)
Cash flows from financing activities    
Repurchases of common stock (175,659) (60,598)
Proceeds from borrowings on revolving credit facility 15,000 102,500
Payments on revolving credit facility (150,000) (65,000)
Proceeds from term loan, net of debt issuance costs 199,294 0
Payments on term loan (2,500) 0
Exercise of stock options 1,162 1,294
Stock issuance under the employee stock purchase plan 2,145 2,444
Principal payments on financing obligations (647) (824)
Payment of contingent consideration (8,100) 0
Net cash used in financing activities (119,305) (20,184)
Effect of foreign currency exchange rate changes on cash, cash equivalents, and restricted cash (571) 3,529
Net increase (decrease) in cash, cash equivalents, and restricted cash (5,081) 1,956
Cash, cash equivalents, and restricted cash, beginning of period 88,685 121,267
Cash, cash equivalents, and restricted cash, end of period 83,604 123,223
Reconciliation of cash, cash equivalents, and restricted cash, end of period:    
Cash and cash equivalents 83,290 122,935
Restricted cash included in prepaid expenses and other current assets 314 132
Restricted cash included in long-term prepaid expenses and other assets 0 156
Total cash, cash equivalents, and restricted cash, end of period 83,604 123,223
Supplemental disclosure of cash flow information    
Cash paid for interest 9,241 8,257
Cash paid for taxes, net of refunds 3,207 2,360
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
Measurement period adjustments relating to business acquisitions 147 10,413
Noncash consideration in connection with business acquisition for settlement of a preexisting contract 0 1,354
Excise tax on repurchases of common stock $ 1,160 $ 0