---
schema_version: "secwatch.filing_event.v1"
accession: "0001902733-23-000033"
form_type: "8-K"
ticker: "NCNO"
cik: "0001902733"
company_name: "nCino, Inc."
filed_at: "2023-05-31T23:59:59+00:00"
generated_at: "2026-06-14T10:52:55.212324+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# nCino Q1 FY2024 rev $113.7M (+21% YoY); non-GAAP EPS $0.07, record FCF $29.7M

## Summary
- Total revenues $113.7M (+21% YoY); subscription revenues $97.3M (+23% YoY).
- GAAP net loss $(11.2)M ($(0.10)/share); non-GAAP net income $8.0M ($0.07/share).
- Record free cash flow of $29.7M; GAAP loss from ops improved to $(8.6)M from $(27.2)M.
- Q2 FY2024 guidance: total rev $114-115.5M; non-GAAP op income $8-9.5M; non-GAAP EPS $0.06-0.08.
- FY2024 guidance: total rev $474-478.5M; non-GAAP op income $48-52.5M; non-GAAP EPS $0.37-0.40.

## SEC filing metadata
- accession: 0001902733-23-000033
- form_type: 8-K
- ticker: NCNO
- cik: 0001902733
- company_name: nCino, Inc.
- filed_at: 2023-05-31T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1902733/000190273323000033/0001902733-23-000033-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1902733/000190273323000033/ncno-20230531.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001902733-23-000033
- JSON: https://secwatch.observer/filing/0001902733-23-000033.json
- Plain text: https://secwatch.observer/filing/0001902733-23-000033.txt

## Key facts
- Earnings Releases
  nCino, Inc. reported first quarter fiscal year 2024, ended April 30, 2023 results: revenue $113.7 million, net income Non-GAAP net income attributable to nCino in the first quarter was $8.0 million, EPS Non-GAAP net income attributable to nCino in the first quarter was $0.07 per diluted share.
  - Period: first quarter fiscal year 2024, ended April 30, 2023
  - Revenue: $113.7 million
  - Net income: Non-GAAP net income attributable to nCino in the first quarter was $8.0 million
  - EPS: Non-GAAP net income attributable to nCino in the first quarter was $0.07 per diluted share
  - Result: reported results
  source text: market conditions and believe we are well positioned for long-term profitable growth.” Financial Highlights • Revenues: Total revenues for the first quarter of fiscal 2024 were $113.7 million, a 21% increase from $94.2 million in the first quarter of fiscal 2023. Subscription revenues for the first quarter were $97.3 million , up from $79.2 million one year ago, an
  evidence_url: https://www.sec.gov/Archives/edgar/data/1902733/000190273323000033/0001902733-23-000033-index.htm

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