Ncino IncNcino Inc
Ncino Inc

Ncino Inc

NCNO
Information Technology·Software

nCino, Inc. engages in the provision of cloud-based software applications for financial institutions in the United States and internationally. Its nCino Bank Operating System, a tenant cloud platform, digitizes, automates, and streamlines complex processes and workflow, and utilizes data analytics and artificial intelligence and machine learning (AI/ML) to enable financial institutions to onboard new clients, make loans, and manage the entire loan life cycle, open deposit and other accounts, and manage regulatory compliance. The firm's nCino IQ is an application suite that utilizes data analytics and AI/ML to provide its customers with automation and insights into their operations, such as tools for analyzing, measuring, and managing credit risk, as well as to enhance their ability to comply with regulatory requirements. The company was founded by Pierre Naudé in 2011 and is headquartered in Wilmington, NC.

North Carolina; U.S.A
Market cap
$2.1BNo data
Revenue
$594.8M+10.0% YoY
Net income
$5.2M+113.7% YoY
Free cash flow
$82.6M+54.7% YoY

Market

Listed stock
NCNOPriceNasdaq
Loading…Loading…1Y

Financial performance

Revenue
$594.8M+10.0% YoY
Operating income
$3.7M+120.6% YoY
Net income
$5.2M+113.7% YoY
Free cash flow
$82.6M+54.7% YoY

Revenue, profit & cash trend

Revenue
Operating income
Net income
Free cash flow
Reference
Revenue: 2022 $273.9M, 2023 $408.3M, 2024 $476.5M, 2025 $540.7M, 2026 $594.8M. Operating income: 2022 $-71.4M, 2023 $-94M, 2024 $-39.5M, 2025 $-18.1M, 2026 $3.7M. Net income: 2022 $-49.4M, 2023 $-102.7M, 2024 $-42.3M, 2025 $-37.9M, 2026 $5.2M. Free cash flow: 2022 $-24.7M, 2023 $-33.7M, 2024 $53.8M, 2025 $53.4M, 2026 $82.6M. Reference line: Reference at $0.

Growth & profitability

Revenue growth
10.0%−344 bps YoY
Gross margin
No dataNo data
Operating margin
No dataNo data
FCF margin
No dataNo data

Earnings power over time

Operating income
Net income
Free cash flow
Operating income: 2022-01-31 $-71.4M, 2023-01-31 $-94M, 2024-01-31 $-39.5M, 2025-01-31 $-18.1M, 2026-01-31 $3.7M. Net income: 2022-01-31 $-49.4M, 2023-01-31 $-102.7M, 2024-01-31 $-42.3M, 2025-01-31 $-37.9M, 2026-01-31 $5.2M. Free cash flow: 2022-01-31 $-24.7M, 2023-01-31 $-33.7M, 2024-01-31 $53.8M, 2025-01-31 $53.4M, 2026-01-31 $82.6M

Growth heatmap

2023202420252026CAGR
Revenue
+49.1%
+16.7%
+13.5%
+10.0%
+21.4%
Gross profit
+46.9%
+19.4%
+13.9%
+10.9%
+22.0%
Operating income
-31.8%
+58.0%
+54.1%
+120.6%
No data
Free cash flow
-36.6%
+259.5%
-0.7%
+54.7%
No data

Earnings quality

Operating cash flow
$90.1M+63.2% YoY
Net income
$5.2M+113.7% YoY
Free cash flow
$82.6M+54.7% YoY
Diluted EPS
No dataNo data

Cash conversion quality

Operating cash flow
Free cash flow
Net income = 100%
Operating cash flow: 2026-01-31 1739%, 2025-01-31 -146%, 2024-01-31 -135%, 2023-01-31 15%, 2022-01-31 39%. Free cash flow: 2026-01-31 1594%, 2025-01-31 -141%, 2024-01-31 -127%, 2023-01-31 33%, 2022-01-31 50%. Reference line: Net income = 100% at 100%.

Per-share economics

Diluted EPS
Latest
No data
FCF / share
Latest
No data
Diluted shares
Latest
No data

Financial flexibility

Cash & equivalents
No dataNo data
Total debt
No dataNo data
Net debt
No dataNo data
Current ratio
No dataNo data

Cash Coverage of Debt

Cash / Total debt
No data

Returns

Return on equity
No dataNo data
Return on assets
No dataNo data
Return on invested capital
No dataNo data
Asset turnover
No dataNo data

Return on capital

No data

Valuation

Price to earnings
No dataNo data
Price to sales
No dataNo data
EV / EBITDA
No dataNo data
Free cash flow yield
No dataNo data

Valuation vs its own 5Y history

Metric
Own five-year range
Current
Own 5Y median
Position in own range
Price to earnings
No data
No data
No data
No data
Price to sales
No data
No data
No data
No data
EV / EBITDA
No data
No data
No data
No data
Free cash flow yield
No data
No data
No data
No data