Reading the annual reports…
First time this company is opened: we are analysing its official reports. This can take up to a minute; after that the page loads instantly.
First time this company is opened: we are analysing its official reports. This can take up to a minute; after that the page loads instantly.
NCNO · Nasdaq · United States · Services-Prepackaged Software
In shortnCino, Inc. is profitable, generates cash and carries moderate debt, with revenue growing (+10.0% last year).
Financial health
Mixed
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | 0.6% | 19/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | 0.9% | 23/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | 0.5% | 2/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | 0.2% | 2/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 1.00× | 16/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 0.20× | 100/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | 2.72× | 37/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | 0.21× | 0/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | 1.18 | 2/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 13.9% | 76/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | 15.94× | 100/100 |
| Years with positive free cash flow (last 5) | 3 of 5 | 50/100 |
Weight in the score: 20%
| Profitable years (last 5) | 1 of 5 | 20/100 |
|---|---|---|
| Years of revenue decline (last 5) | 0 of 5 | 100/100 |
| Revenue growth volatility | 16.5% | 50/100 |
| Operating margin volatility | 11.9% | 1/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | 13.4% | 91/100 |
|---|---|---|
| EPS growth, 3-year average | – | n/a |
Weight in the score: 10%
Fiscal year 2026 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
2 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
USD millions; negative values in parentheses.
| Fiscal year | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 274 | 408 | 477 | 541 | 595 |
| Cost of revenue | 111 | 170 | 191 | 216 | 235 |
| Gross profit | 162 | 239 | 285 | 325 | 360 |
| Research & development | 79 | 122 | 117 | 129 | 128 |
| Operating income | (71) | (94) | (40) | (18) | 3.7 |
| Interest expense | 1.5 | 2.8 | 4.1 | 8.8 | 17 |
| Pre-tax income | (74) | (98) | (42) | (36) | 6.7 |
| Income tax | (24) | 4.1 | 1.6 | (2.5) | (3) |
| Net income | (49) | (103) | (42) | (38) | 5.2 |
| Diluted EPS | −$0.51 | −$0.93 | −$0.38 | −$0.33 | $0.05 |
| Diluted shares (millions) | 97 | 111 | 113 | 115 | 114 |
2 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 8 reported quarters (10-Q and 10-K filings), in USD millions. The fourth quarter is derived from the annual report.
The last 8 quarters of nCino, Inc. are included in the Investor plan. Try free for 7 days →
1.18 Grey zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
7/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Jul 31, 2026 · Data updated Aug 25, 2026