Flagship explainer

How nCino, Inc. makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$595M · 100%Cost of revenue$235M · 39%Gross profit$360M · 61%Operating income$3.7M · 1%Income before tax$6.7M · 1%Income tax−$3M · −1%Net income$5.2M · 1%As of 2026-01-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$595M100%
Cost of revenue$235M39%
$360M61%
$3.7M1%
Income before tax$6.7M1%
Income tax−$3M−1%
$5.2M1%
Source: · event Jan 31, 2026 · retrieved Jul 26, 2026 · annual-row source set
Embed this chart

View the full nCino, Inc. analysis at Buy Like Buffett