Filing Flows › nCino (NCNO) › Q4 FY25
nCino (NCNO) Q4 FY25 earnings results (fourth quarter fiscal 2025)
10-K filed Apr 1, 2025
nCino (NCNO) reported revenue of $141M for the fourth quarter fiscal 2025 (Q4 FY25), +14% from a year earlier and +2% from the quarter before. Operating margin was -4.1%, net loss $15.6M (11.0% of revenue).
nCino, Q4 FY25: revenue $141M (+14% year over year), operating margin -4.1%, net loss $15.6M, operating cash flow −$10.0M. The chart follows the revenue to costs, profit and cash.
| Q4 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $141M | +2% | +14% |
| Operating profit | −$5.7M | — | — |
| Net earnings | −$15.6M | — | — |
| Operating cash flow | −$10.0M | — | — |
What changed
Revenue was $141.4M in Q4 FY25, up 14% year over year and up 2% from the previous quarter. Subscription was the largest line at 88% of revenue.
Gross margin was 59.7%, down 0.5 points from a year earlier. Operating costs exceeded revenue by $5.7M, an operating margin of -4.1%. Operating expenses grew 16% against revenue growth of 14%. The fastest-growing cost line was General & admin (+38%). The quarter ended with a net loss of $15.6M, wider than the previous quarter's $4.2M loss. Net interest and other expense of $13.7M was the main reason.
Operating cash flow was −$10.0M. Non-cash charges added back $10.2M of depreciation and amortization and $18.6M of share-based compensation. Working capital and other items used $23.2M. Capital expenditures of $350K exceeded it, leaving free cash flow of −$10.4M.
Questions
What was nCino's revenue in the fourth quarter fiscal 2025?
nCino (NCNO) reported revenue of $141M for the fourth quarter fiscal 2025 (Q4 FY25), +14% from a year earlier and +2% from the quarter before.
Was nCino profitable in the fourth quarter fiscal 2025?
Operating loss was $5.7M (-4.1% of revenue) and net loss $15.6M.
Source: nCino 10-K on SEC EDGAR.