v3.24.1.1.u2
Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended
Apr. 30, 2024
Apr. 30, 2023
Revenues    
Total revenues $ 128,087 $ 113,672
Cost of revenues    
Total cost of revenues 51,180 46,188
Gross profit 76,907 67,484
Operating expenses    
Sales and marketing 28,045 29,941
Research and development 29,981 28,195
General and administrative 22,544 17,975
Total operating expenses 80,570 76,111
Loss from operations (3,663) (8,627)
Non-operating income (expense)    
Interest income 605 537
Interest expense (1,477) (1,379)
Other expense, net (744) (782)
Loss before income taxes (5,279) (10,251)
Income tax provision (benefit) (2,982) 1,393
Net loss (2,297) (11,644)
Net loss attributable to redeemable non-controlling interest (165) (280)
Adjustment attributable to redeemable non-controlling interest 844 (121)
Net loss attributable to nCino, Inc. $ (2,976) $ (11,243)
Net loss per share attributable to nCino, Inc.:    
Basic (in USD per share) $ (0.03) $ (0.10)
Diluted (in USD per share) $ (0.03) $ (0.10)
Weighted average number of common shares outstanding:    
Basic (in shares) 114,197,068 112,032,536
Diluted (in shares) 114,197,068 112,032,536
Subscription    
Revenues    
Total revenues $ 110,406 $ 97,340
Cost of revenues    
Total cost of revenues 31,780 29,157
Professional services and other    
Revenues    
Total revenues 17,681 16,332
Cost of revenues    
Total cost of revenues $ 19,400 $ 17,031