Financial Statements — NCNO
Balance Sheet
(in billions USD)| Metric | Q2 2027 | Q1 2027 | Q3 2026 | Q2 2026 | Q1 2026 | Q3 2025 | Q2 2025 | Q1 2025 | Q3 2024 | Q2 2024 | Q1 2024 | Q3 2023 | Q2 2023 | Q1 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 0.08 | 0.10 | 0.09 | 0.12 | 0.13 | 0.26 | 0.12 | 0.13 | 0.10 | 0.10 | 0.10 | 0.11 | 0.09 | 0.08 |
| Accounts Receivable | 0.12 | 0.12 | 0.09 | 0.10 | 0.10 | 0.07 | 0.08 | 0.08 | 0.06 | 0.08 | 0.08 | 0.04 | 0.07 | 0.07 |
| Total Current Assets | 0.24 | 0.27 | 0.21 | 0.26 | 0.27 | 0.35 | 0.23 | 0.24 | 0.19 | 0.21 | 0.21 | 0.17 | 0.18 | 0.17 |
| Property, Plant & Equipment | 0.07 | 0.07 | 0.08 | 0.08 | 0.08 | 0.08 | 0.08 | 0.08 | 0.08 | 0.08 | 0.08 | 0.08 | 0.07 | 0.07 |
| Goodwill | 1.08 | 1.08 | 1.07 | 1.07 | 1.08 | 0.91 | 0.91 | 0.91 | 0.84 | 0.84 | 0.84 | 0.84 | 0.84 | 0.84 |
| Intangible Assets | 0.12 | 0.13 | 0.14 | 0.15 | 0.16 | 0.13 | 0.14 | 0.14 | 0.12 | 0.14 | 0.15 | 0.16 | 0.17 | 0.17 |
| Total Non-current Assets* | 0.09 | 0.09 | 0.09 | 0.09 | 0.09 | 1.17 | 1.18 | 1.19 | 1.08 | 1.09 | 1.10 | 1.12 | 1.12 | 1.12 |
| Total Assets | 1.57 | 1.61 | 1.56 | 1.62 | 1.65 | 1.52 | 1.41 | 1.42 | 1.27 | 1.30 | 1.31 | 1.29 | 1.30 | 1.30 |
| Accounts Payable | 0.01 | 0.02 | 0.01 | 0.01 | 0.02 | 0.01 | 0.01 | 0.02 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Total Current Liabilities | 0.29 | 0.30 | 0.21 | 0.25 | 0.26 | 0.18 | 0.21 | 0.22 | 0.17 | 0.21 | 0.22 | 0.16 | 0.19 | 0.18 |
| Long-term Debt | 0.28 | 0.26 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Non-current Liabilities* | 0.34 | 0.32 | 0.30 | 0.30 | 0.31 | 0.24 | 0.12 | 0.13 | 0.06 | 0.06 | 0.06 | 0.10 | 0.06 | 0.06 |
| Total Liabilities | 0.63 | 0.62 | 0.51 | 0.55 | 0.57 | 0.42 | 0.33 | 0.36 | 0.24 | 0.27 | 0.29 | 0.26 | 0.25 | 0.24 |
| Retained Earnings | (0.36) | (0.36) | (0.38) | (0.39) | (0.38) | (0.37) | (0.37) | (0.35) | (0.35) | (0.34) | (0.32) | (0.29) | (0.27) | (0.24) |
| Total Stockholder Equity | 0.93 | 0.97 | 1.04 | 1.06 | 1.07 | 1.09 | 1.07 | 1.06 | 1.03 | 1.03 | 1.03 | 1.03 | 1.04 | 1.05 |
* Derived from reported values
Income Statement
(in millions USD) (except per-share rows)| Metric | Q2 2027 | Q1 2027 | Q4 2026 | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 161.00 | 159.41 | 149.67 | 152.16 | 148.82 | 144.14 | 141.37 | 138.80 | 132.40 | 128.09 | 123.69 | 121.94 | 117.24 | 113.67 | 109.18 | 105.30 | 99.63 | 94.21 | 74.96 |
| Cost of Revenue | 60.23 | 58.48 | 57.75 | 58.48 | 60.69 | 57.70 | 57.01 | 53.75 | 53.93 | 51.18 | 49.21 | 48.03 | 48.05 | 46.19 | 44.93 | 43.16 | 41.22 | 40.30 | 31.29 |
| Gross Profit | 100.77 | 100.94 | 91.92 | 93.69 | 88.13 | 86.44 | 84.36 | 85.05 | 78.47 | 76.91 | 74.48 | 73.92 | 69.19 | 67.48 | 64.25 | 62.14 | 58.41 | 53.91 | 43.67 |
| Research & Development | 31.03 | 28.87 | 29.98 | 29.54 | 34.67 | 33.34 | 32.13 | 33.04 | 34.27 | 29.98 | 30.18 | 29.04 | 29.89 | 28.20 | 33.29 | 29.47 | 29.70 | 29.12 | 23.37 |
| Selling, General & Admin | 19.18 | 17.23 | 25.90 | 19.32 | 25.49 | 21.64 | 24.22 | 23.11 | 20.39 | 22.54 | 17.49 | 19.33 | 21.93 | 17.98 | 20.90 | 18.69 | 21.20 | 22.69 | 25.61 |
| Total Operating Expenses | 87.16 | 79.82 | 89.10 | 81.97 | 97.42 | 87.96 | 90.10 | 85.88 | 86.38 | 80.57 | 77.67 | 86.82 | 83.98 | 76.11 | 87.59 | 80.58 | 83.41 | 81.14 | 73.66 |
| Operating Income | 13.61 | 21.12 | 2.82 | 11.72 | (9.30) | (1.51) | (5.74) | (0.82) | (7.91) | (3.66) | (3.18) | (12.91) | (14.79) | (8.63) | (23.33) | (18.44) | (25.01) | (27.23) | (29.99) |
| Interest Expense | -- | -- | -- | -- | -- | -- | -- | -- | -- | 1.48 | 0.86 | 0.85 | 1.04 | 1.38 | 0.96 | 0.58 | 0.63 | 0.64 | 0.54 |
| Pretax Income* | 6.61 | 15.32 | 0.29 | 5.84 | (14.05) | 10.10 | (22.48) | (2.66) | (9.29) | (5.96) | (1.97) | (14.60) | (14.34) | (9.85) | (19.30) | (22.78) | (26.45) | (30.12) | (31.98) |
| Tax Provision | 1.53 | 1.68 | (8.04) | (0.69) | 1.21 | 4.53 | (3.87) | 2.59 | 1.75 | (2.98) | (3.13) | 1.78 | 1.55 | 1.39 | 1.91 | 0.80 | 0.80 | 0.56 | (24.86) |
| Net Income | 5.08 | 13.64 | 8.34 | 6.54 | (15.26) | 5.56 | (18.61) | (5.25) | (11.04) | (2.98) | 1.16 | (16.38) | (15.88) | (11.24) | (21.21) | (23.58) | (27.24) | (30.69) | (7.12) |
| Basic EPS | 0.05 | 0.13 | 0.07 | 0.06 | (0.13) | 0.05 | (0.15) | (0.05) | (0.10) | (0.03) | 0.01 | (0.15) | (0.14) | (0.10) | (0.19) | (0.21) | (0.25) | (0.28) | (0.07) |
| Diluted EPS | 0.05 | 0.12 | 0.07 | 0.06 | (0.13) | 0.05 | (0.15) | (0.05) | (0.10) | (0.03) | 0.01 | (0.15) | (0.14) | (0.10) | (0.19) | (0.21) | (0.25) | (0.28) | (0.07) |
* Derived from reported values
Cash Flow Statement
(in millions USD)| Metric | Q2 2027 | Q1 2027 | Q4 2026 | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 34.20 | 81.41 | 12.94 | 5.07 | 17.74 | 54.32 | (10.02) | 5.78 | 5.00 | 54.44 | 8.15 | 5.87 | 11.96 | 31.30 | (22.02) | (4.08) | 9.47 | 1.25 |
| Capital Expenditures | 0.20 | 0.61 | 0.46 | 0.17 | 5.15 | 1.72 | 0.35 | 0.68 | 0.44 | 0.34 | 0.43 | 0.62 | 0.86 | 1.61 | 4.45 | 4.59 | 4.61 | 4.69 |
| Free Cash Flow* | 34.00 | 80.79 | 12.48 | 4.90 | 12.59 | 52.60 | (10.37) | 5.10 | 4.56 | 54.10 | 7.72 | 5.25 | 11.11 | 29.70 | (26.47) | (8.67) | 4.86 | (3.45) |
| Investing Cash Flow | (0.19) | (0.61) | (0.46) | (0.17) | (5.15) | (48.30) | (126.42) | (0.83) | (0.70) | (91.23) | (0.39) | (3.12) | (0.86) | (1.96) | (6.95) | (4.47) | (4.61) | (4.69) |
| Financing Cash Flow | (53.42) | (65.89) | (13.22) | (39.63) | (22.43) | 2.25 | 2.04 | 125.28 | (12.82) | 55.98 | 2.92 | 1.63 | (11.81) | (13.86) | 2.08 | 31.03 | 3.35 | 0.26 |
* Derived from reported values