---
schema_version: "secwatch.filing_event.v1"
accession: "0001902733-24-000051"
form_type: "8-K"
ticker: "NCNO"
cik: "0001902733"
company_name: "nCino, Inc."
filed_at: "2024-03-26T23:59:59+00:00"
generated_at: "2026-06-04T08:07:16.205389+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# nCino reports Q4 revenue $123.7M (+13% YoY), GAAP net income $1.2M; CRO Josh Glover departing

## Summary
- Q4 total revenue $123.7M (+13% YoY); subscription revenue $107.5M (+16% YoY). GAAP net income $1.2M vs ($21.2M) loss.
- Non-GAAP operating income $19.3M (vs $1.8M); non-GAAP EPS $0.21 (vs $0.04).
- FY2025 guidance: total revenue $538.5-544.5M, non-GAAP EPS $0.60-0.64.
- RPO of $1.0B (+9% YoY); $675M expected recognized in 24 months.
- President & CRO Josh Glover leaving April 12; Paul Clarkson promoted to EVP Global Revenue.

## SEC filing metadata
- accession: 0001902733-24-000051
- form_type: 8-K
- ticker: NCNO
- cik: 0001902733
- company_name: nCino, Inc.
- filed_at: 2024-03-26T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1902733/000190273324000051/0001902733-24-000051-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1902733/000190273324000051/ncno-20240322.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001902733-24-000051
- JSON: https://secwatch.observer/filing/0001902733-24-000051.json
- Plain text: https://secwatch.observer/filing/0001902733-24-000051.txt

## Key facts
- Earnings Releases
  nCino, Inc. reported fourth quarter and fiscal year ended January 31, 2024 results: revenue $123.7M, net income $1.2 million, EPS $0.01 per diluted share. Guidance initiated.
  - Period: fourth quarter and fiscal year ended January 31, 2024
  - Revenue: $123.7M
  - Net income: $1.2 million
  - EPS: $0.01 per diluted share
  - Guidance: initiated
  - Result: reported results
  source text: unless expressly incorporated by reference in such filing. --- EX-99.1 (EX-99.1) --- nCino Reports Fourth Quarter and Fiscal Year 2024 Financial Results Q4 Total Revenues of $123.7M, up 13% year-over-year Fiscal Year 2024 Total Revenues of $476.5M, up 17% year-over-year Q4 Subscription Revenues of $107.5M, up 16% year-over-year Fiscal Year 2024 Subscription
  evidence_url: https://www.sec.gov/Archives/edgar/data/1902733/000190273324000051/0001902733-24-000051-index.htm
- Executive change
  Josh Glover departed as President and Chief Revenue Officer at nCino, Inc..
  - Action: leaving
  - Role: President and Chief Revenue Officer
  source text: On March 22, 2024, Josh Glover, the Company’s President and Chief Revenue Officer, notified the Company that he is leaving the Company effective April 12, 2024 to pursue an opportunity outside of the financial services industry.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1902733/000190273324000051/0001902733-24-000051-index.htm
- Executive change
  Paul Clarkson was named as Executive Vice President Global Revenue at nCino, Inc..
  - Action: named
  - Role: Executive Vice President Global Revenue
  source text: Paul Clarkson, who has previously worked closely with Mr. Glover during Mr. Clarkson’s tenure as Executive Vice President Global Banking, has been named Executive Vice President Global Revenue, effective immediately, and will assume certain of Mr. Glover’s responsibilities.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1902733/000190273324000051/0001902733-24-000051-index.htm

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