---
schema_version: "secwatch.filing_event.v1"
accession: "0001902733-23-000022"
form_type: "8-K"
ticker: "NCNO"
cik: "0001902733"
company_name: "nCino, Inc."
filed_at: "2023-03-28T23:59:59+00:00"
generated_at: "2026-06-17T13:52:57.659197+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# nCino Q4 revenue $109.2M (+46% YoY); non-GAAP op income $1.8M; FY2024 guidance $476-483M rev

## Summary
- Q4 total rev $109.2M (+46% YoY); subscription rev $92.8M (+48% YoY); organic subscription rev $77.0M (+30% YoY).
- GAAP op loss $(23.3)M; non-GAAP op income $1.8M (2nd straight positive quarter); non-GAAP net income $4.4M vs $(9.3)M loss YoY.
- Full-year FY2023 total rev $408.3M (+49% YoY); subscription rev $344.8M (+53% YoY); GAAP net loss $(102.7)M vs $(49.4)M YoY.
- Q1 FY2024 guidance: total rev $111.5-113.5M; subscription rev $95.5-97.5M; non-GAAP EPS $0.04-0.05. FY2024 total rev $476-483M; non-GAAP EPS $0.36-0.40.
- RPO $944.1M (+3% YoY); <24 month RPO $634.8M (+18% YoY); cash $87.4M.

## SEC filing metadata
- accession: 0001902733-23-000022
- form_type: 8-K
- ticker: NCNO
- cik: 0001902733
- company_name: nCino, Inc.
- filed_at: 2023-03-28T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1902733/000190273323000022/0001902733-23-000022-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1902733/000190273323000022/ncno-20230328.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001902733-23-000022
- JSON: https://secwatch.observer/filing/0001902733-23-000022.json
- Plain text: https://secwatch.observer/filing/0001902733-23-000022.txt

## Key facts
- Earnings Releases
  nCino, Inc. reported the fourth quarter ended January 31, 2023 results: revenue $109.2 million, net income $(21.2) million, EPS $(0.19) per basic and diluted share.
  - Period: the fourth quarter ended January 31, 2023
  - Revenue: $109.2 million
  - Net income: $(21.2) million
  - EPS: $(0.19) per basic and diluted share
  - Result: reported results
  source text: Total revenues for the fourth quarter of fiscal 2023 were $109.2 million, a 46% increase from $75.0 million in the fourth quarter of fiscal 2022. Subscription revenues for the fourth quarter were $92.8 million, up from $62.8 million one year ago, an increase of 48%. These revenues include the results of SimpleNexus. Organic subscription revenues, which exclude the revenues of SimpleNexus, were $77.0 million, a 30% increase from the fourth quarter of fiscal 2022. • Loss from Operations: GAAP loss from operations in the fourth quarter of fiscal 2023 was $(23.3) million compared to $(30.0) million in the same quarter of fiscal 2022. Non-GAAP operating income in the fourth quarter was $1.8 million compared to a loss of $(8.3) million in the fourth quarter of fiscal 2022. • Net Loss Attributable to nCino : GAAP net loss attributable to nCino, Inc. in the fourth quarter of fiscal 2023 was $(21.2) million compared to $(7.1) million in the fourth quarter of fiscal 2022. Non-GAAP net income att
  evidence_url: https://www.sec.gov/Archives/edgar/data/1902733/000190273323000022/0001902733-23-000022-index.htm
- Earnings Releases
  nCino, Inc. reported the first quarter ending April 30, 2023 results: revenue between $111.5 million and $113.5 million, EPS $0.04 to $0.05. Guidance initiated.
  - Period: the first quarter ending April 30, 2023
  - Revenue: between $111.5 million and $113.5 million
  - EPS: $0.04 to $0.05
  - Guidance: initiated
  - Result: guidance update
  source text: nCino is providing guidance for its first quarter ending April 30, 2023, as follows: • Total revenues between $111.5 million and $113.5 million. • Subscription revenues between $95.5 million and $97.5 million. • Non-GAAP operating income between $7.0 million and $9.0 million. • Non-GAAP net income attributable to nCino, Inc. per diluted share of $0.04 to $0.05.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1902733/000190273323000022/0001902733-23-000022-index.htm
- Earnings Releases
  nCino, Inc. reported the fiscal year 2024 ending January 31, 2024 results: revenue between $476 million and $483 million. Guidance initiated.
  - Period: the fiscal year 2024 ending January 31, 2024
  - Revenue: between $476 million and $483 million
  - Guidance: initiated
  - Result: guidance update
  source text: nCino is providing guidance for its fiscal year 2024 ending January 31, 2024, as follows: • Total revenues between $476 million and $483 million.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1902733/000190273323000022/0001902733-23-000022-index.htm
- Earnings Releases
  nCino, Inc. reported the fiscal year ended January 31, 2023 results: revenue $408.3 million, net income $(102.7) million, EPS $(0.93) per basic and diluted share.
  - Period: the fiscal year ended January 31, 2023
  - Revenue: $408.3 million
  - Net income: $(102.7) million
  - EPS: $(0.93) per basic and diluted share
  - Result: reported results
  source text: Total revenues for fiscal year 2023 were $408.3 million, a 49% increase from $273.9 million in fiscal year 2022. Subscription revenues for fiscal year 2023 were $344.8 million, up from $224.9 million one year ago, an increase of 53%. These revenues include the results of SimpleNexus. Organic subscription revenues, which exclude the results of SimpleNexus, were $285.0 million, a 29% increase from last fiscal year. • Loss from Operations: GAAP loss from operations for fiscal year 2023 was $(94.0) million compared to $(71.4) million in fiscal year 2022. Non-GAAP operating loss for fiscal year 2023 was $(2.1) million compared to $(17.6) million last fiscal year. • Net Loss Attributable to nCino : GAAP net loss attributable to nCino, Inc. for fiscal year 2023 was $(102.7) million compared to $(49.4) million in fiscal year 2022. Non-GAAP net loss attributable to nCino, Inc. for fiscal year 2023 was $(8.0) million compared to $(19.5) million last fiscal year. • Net Loss Attributable to nCino
  evidence_url: https://www.sec.gov/Archives/edgar/data/1902733/000190273323000022/0001902733-23-000022-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.