nCino, Inc. (NCNO) Balance Sheet
NCNO balance sheet, FY2026
January 31, 2026 · U.S. dollars$1.65B assets = $579.5M liabilities + $1.07B equity
Both columns are drawn to the same scale: what NCNO owns equals what it owes plus shareholders’ equity. Hover a block for its value.
NCNO financial health
Descriptive bands, not a rating. Fiscal FY2026.
NCNO balance sheet trends, FY2018–FY2026
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $113.0MFY2018 | $1.65BFY2026 | +39.8%/yr | |
| Total liabilities | $35.0MFY2018 | $579.5MFY2026 | +42.1%/yr | |
| Shareholders’ equity | $78.0MFY2018 | $1.06BFY2026 | +38.5%/yr | |
| Cash & short-term investments | $80.7MFY2018 | $88.4MFY2026 | +1.1%/yr | |
| Total debt | $41.1MFY2019 | $278.7MFY2026 | +31.4%/yr | |
| Net cash (debt) | $33.2MFY2019 | −$190.3MFY2026 | −$223.6M | |
| Working capital | $74.1MFY2018 | −$989,000FY2026 | −$75.1M | |
| Book value per share | $0.87FY2018 | $9.23FY2026 | +34.3%/yr | |
| Current ratio | 3.12FY2018 | 1.00FY2026 | −2.12 | |
| Debt / equity | 0.62FY2019 | 0.26FY2026 | −0.36 | |
| Shares outstanding | 89.6MFY2018 | 114.3MFY2026 | +3.1%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
NCNO assets
NCNO liabilities and equity
NCNO debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
NCNO balance sheet
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Cash & short-term investments | $88.4M | $120.9M | $112.1M | $82.0M | $88.0M | $371.4M | $91.2M | $74.3M | $80.7M |
| Cash & equivalents | $88.4M | $120.9M | $112.1M | $82.0M | $88.0M | $371.4M | $91.2M | $74.3M | $80.7M |
| Short-term investments | — | — | $5.4M | — | — | — | — | — | — |
| Receivables | $166.5M | $146.8M | $113.0M | $99.5M | $74.5M | $55.5M | $43.4M | $29.8M | $24.3M |
| Inventory | $0 | $0 | $1 | $9.4M | $1 | $1 | $7.1M | $0 | $0 |
| Other current assets | $38.6M | $34.5M | $25.7M | $16.3M | $21.0M | $15.3M | $3.6M | $5.0M | $4.0M |
| Total current assets | $293.5M | $302.2M | $250.8M | $207.2M | $183.5M | $442.2M | $145.3M | $109.2M | $109.0M |
| Property, plant & equipment (net) | $88.3M | $91.0M | $98.4M | $95.0M | $73.8M | $29.9M | $13.5M | $10.4M | $3.8M |
| Goodwill & intangible assets | $1.21B | $1.17B | $954.4M | $992.3M | $1.02B | $80.3M | $81.9M | $81.9M | $0 |
| Long-term investments | $7.3M | $9.3M | $9.3M | $6.5M | $4.0M | $0 | $0 | $0 | $0 |
| Other non-current assets | $45.4M | $33.9M | $27.5M | $26.3M | $18.0M | $10.9M | $9.5M | $0 | $174,000 |
| Total assets | $1.65B | $1.61B | $1.34B | $1.33B | $1.30B | $563.4M | $250.2M | $120.0M | $113.0M |
| Liabilities | |||||||||
| Accounts payable | $14.5M | $13.6M | $11.8M | $11.9M | $11.4M | $6.0M | $4.7M | $3.4M | $2.3M |
| Short-term debt | $5.0M | $6.8M | $5.1M | $4.9M | $4.2M | $324,000 | $58.9M | $41.1M | — |
| Deferred revenue | $210.6M | $191.2M | $170.9M | $154.9M | $122.6M | $89.1M | $58.9M | $41.1M | $28.4M |
| Total current liabilities | $294.5M | $251.5M | $215.0M | $205.2M | $174.4M | $115.7M | $76.6M | $52.4M | $34.9M |
| Long-term debt | $213.5M | $166.0M | $0 | $30.0M | $0 | $0 | $0 | $0 | $0 |
| Lease obligations | $65.2M | $70.8M | $74.2M | $66.5M | $48.8M | $16.3M | $0 | — | — |
| Other long-term liabilities | $71.5M | $95.3M | $72.8M | $64.4M | $56.1M | $18.7M | $1.9M | $1.5M | $17,000 |
| Total liabilities | $579.5M | $512.8M | $287.8M | $299.6M | $230.5M | $134.4M | $78.5M | $53.9M | $35.0M |
| Shareholders' equity | |||||||||
| Common stock & paid-in capital | $59,000 | $58,000 | $57,000 | $56,000 | $55,000 | $47,000 | $41,000 | $38,000 | $36,000 |
| Retained earnings (deficit) | −$375.8M | −$385.3M | −$352.8M | −$310.3M | −$209.6M | −$161.1M | −$120.9M | −$104.8M | −$82.4M |
| Accumulated other comprehensive income | $7.0M | $176,000 | $996,000 | $694,000 | −$72,000 | $240,000 | −$408,000 | −$21,000 | $6,000 |
| Minority interest | $12.7M | $8.3M | $3.4M | $3.6M | — | — | — | — | — |
| Total shareholders' equity | $1.06B | $1.09B | $1.05B | $1.02B | $1.07B | $425.2M | $171.6M | $66.0M | $78.0M |
| Key figures | |||||||||
| Total debt | $278.7M | $236.8M | $74.2M | $96.5M | $48.8M | $16.3M | $16.3M | $41.1M | — |
| Net cash (debt) | −$190.3M | −$115.9M | $37.9M | −$14.5M | $39.2M | $355.2M | $74.9M | $33.2M | — |
| Working capital | −$989,000 | $50.7M | $35.7M | $2.0M | $9.1M | $326.5M | $68.7M | $56.8M | $74.1M |
| Tangible book value | −$157.7M | −$84.6M | $94.7M | $31.8M | $46.0M | $344.9M | $89.7M | −$15.9M | $78.0M |
| Book value per share | $9.23 | $9.46 | $9.31 | $9.26 | $11.04 | $4.85 | $1.91 | $0.74 | $0.87 |
| Shares outstanding | 114.3M | 115.2M | 112.7M | 110.6M | 96.7M | 87.7M | 89.6M | 89.6M | 89.6M |
| Current ratio | 1.00 | 1.20 | 1.17 | 1.01 | 1.05 | 3.82 | 1.90 | 2.08 | 3.12 |
| Quick ratio | 0.87 | 1.06 | 1.05 | 0.88 | 0.93 | 3.69 | 1.76 | 1.99 | 3.00 |
| Debt / equity | 0.26 | 0.22 | 0.07 | 0.09 | 0.05 | 0.04 | 0.09 | 0.62 | — |
| Equity / assets | 64.1% | 67.6% | 78.3% | 77.2% | 82.1% | 75.5% | 68.6% | 55.0% | 69.1% |
| Jul '26 | Apr '26 | Jan '26 | Oct '25 | Jul '25 | Apr '25 | Jan '25 | Oct '24 | Jul '24 | Apr '24 | Jan '24 | Oct '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $83.3M | $102.8M | $88.4M | $87.6M | $122.9M | $133.2M | $120.9M | $257.9M | $126.6M | $129.5M | $112.1M | $100.5M |
| Cash & equivalents | $83.3M | $102.8M | $88.4M | $87.6M | $122.9M | $133.2M | $120.9M | $257.9M | $126.6M | $129.5M | $112.1M | $100.5M |
| Short-term investments | — | — | — | — | — | — | — | — | $5.2M | — | — | — |
| Receivables | $122.4M | $124.7M | $166.5M | $86.9M | $98.5M | $104.4M | $146.8M | $65.0M | $78.8M | $78.5M | $113.0M | $62.0M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1 | $9.7M |
| Other current assets | $37.2M | $39.9M | $38.6M | $19.7M | $33.7M | $36.0M | $34.5M | $25.7M | $11.8M | $17.2M | $15.2M | $18.7M |
| Total current assets | $242.9M | $267.4M | $293.5M | $194.3M | $255.1M | $273.7M | $302.2M | $348.6M | $217.2M | $225.2M | $240.2M | $190.9M |
| Property, plant & equipment (net) | $85.3M | $86.7M | $88.3M | $89.3M | $90.4M | $92.9M | $91.0M | $90.6M | $92.7M | $94.4M | $98.4M | $89.4M |
| Goodwill & intangible assets | $1.19B | $1.20B | $1.21B | $1.21B | $1.22B | $1.24B | $1.17B | $1.04B | $1.04B | $1.05B | $954.4M | $960.3M |
| Long-term investments | $7.3M | $7.3M | $7.3M | $7.3M | $7.3M | $7.3M | $9.3M | $9.3M | $9.3M | $9.3M | $9.3M | $9.0M |
| Other non-current assets | $43.2M | $44.2M | $45.4M | $56.4M | $40.4M | $35.2M | $33.9M | $31.1M | $46.0M | $44.7M | $38.1M | $17.9M |
| Total assets | $1.57B | $1.61B | $1.65B | $1.56B | $1.62B | $1.65B | $1.61B | $1.52B | $1.41B | $1.42B | $1.34B | $1.27B |
| Liabilities | ||||||||||||
| Accounts payable | $14.8M | $15.7M | $14.5M | $12.5M | $14.1M | $15.1M | $13.6M | $12.1M | $13.1M | $16.1M | $11.8M | $12.5M |
| Short-term debt | $13.9M | $14.6M | $5.0M | $6.0M | $6.0M | $6.8M | $6.8M | $6.4M | $6.3M | $5.9M | $5.1M | $5.0M |
| Deferred revenue | $218.8M | $225.0M | $210.6M | $152.1M | $194.9M | $203.7M | $191.2M | $132.4M | $172.0M | $179.8M | $170.9M | $130.3M |
| Total current liabilities | $286.8M | $299.9M | $294.5M | $208.1M | $248.6M | $260.7M | $251.5M | $178.9M | $211.0M | $221.7M | $215.0M | $173.0M |
| Long-term debt | $265.6M | $253.0M | $213.5M | $203.5M | $203.5M | $208.5M | $166.0M | $166.0M | $40.0M | $55.0M | $0 | $0 |
| Lease obligations | $63.3M | $63.9M | $65.2M | $65.9M | $66.0M | $69.8M | $70.8M | $69.9M | $70.7M | $71.6M | $74.2M | $64.5M |
| Other long-term liabilities | $74.2M | $70.5M | $71.5M | $95.7M | $96.7M | $100.8M | $95.3M | $78.2M | $78.8M | $79.2M | $72.8M | $62.8M |
| Total liabilities | $626.5M | $623.4M | $579.5M | $507.3M | $548.9M | $570.0M | $512.8M | $423.1M | $329.8M | $355.9M | $287.8M | $235.7M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $60,000 | $60,000 | $59,000 | $59,000 | $59,000 | $59,000 | $58,000 | $58,000 | $58,000 | $57,000 | $57,000 | $57,000 |
| Retained earnings (deficit) | −$355.7M | −$361.4M | −$375.8M | −$384.4M | −$393.0M | −$379.4M | −$385.3M | −$369.8M | −$365.9M | −$354.9M | −$352.8M | −$354.4M |
| Accumulated other comprehensive income | $3.3M | $4.0M | $7.0M | −$760,000 | −$121,000 | $1.6M | $176,000 | $1.6M | $1.4M | $872,000 | $996,000 | $906,000 |
| Minority interest | $15.4M | $14.1M | $12.7M | $12.4M | $10.3M | — | — | — | — | — | — | — |
| Total shareholders' equity | $929.8M | $970.4M | $1.06B | $1.04B | $1.06B | $1.07B | $1.09B | $1.09B | $1.07B | $1.06B | $1.05B | $1.03B |
| Key figures | ||||||||||||
| Total debt | $338.6M | $326.7M | $278.7M | $269.4M | $269.5M | $278.3M | $236.8M | $235.9M | $110.7M | $126.6M | $74.2M | $64.5M |
| Net cash (debt) | −$255.3M | −$223.9M | −$190.3M | −$181.8M | −$146.6M | −$145.1M | −$115.9M | $22.0M | $15.9M | $2.9M | $37.9M | $36.0M |
| Working capital | −$43.9M | −$32.4M | −$989,000 | −$13.8M | $6.4M | $12.9M | $50.7M | $169.7M | $6.2M | $3.5M | $25.2M | $17.9M |
| Tangible book value | −$263.3M | −$232.0M | −$157.7M | −$172.5M | −$166.0M | −$169.8M | −$84.6M | $51.4M | $31.3M | $13.7M | $94.7M | $68.3M |
| Book value per share | $8.85 | $8.87 | $9.18 | $8.99 | $9.17 | $9.20 | $9.40 | $9.41 | $9.33 | $9.32 | $9.06 | $9.11 |
| Shares outstanding | 105.1M | 109.5M | 115.1M | 115.8M | 115.3M | 116.6M | 115.8M | 115.6M | 115.2M | 114.2M | 115.8M | 113.0M |
| Current ratio | 0.85 | 0.89 | 1.00 | 0.93 | 1.03 | 1.05 | 1.20 | 1.95 | 1.03 | 1.02 | 1.12 | 1.10 |
| Quick ratio | 0.72 | 0.76 | 0.87 | 0.84 | 0.89 | 0.91 | 1.06 | 1.80 | 0.97 | 0.94 | 1.05 | 0.94 |
| Debt / equity | 0.36 | 0.34 | 0.26 | 0.26 | 0.25 | 0.26 | 0.22 | 0.22 | 0.10 | 0.12 | 0.07 | 0.06 |
| Equity / assets | 59.2% | 60.4% | 64.1% | 66.7% | 65.4% | 64.9% | 67.6% | 71.8% | 76.3% | 74.7% | 78.3% | 81.1% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed March 31, 2026); data from EODHD.
NCNO financial position
At the end of fiscal 2026 (January 31, 2026), nCino had total assets of $1.6 billion (up 2.3% from a year earlier), total liabilities of $579.5 million and shareholders' equity of $1.1 billion. It held $88.4 million in cash and short-term investments against $278.7 million of debt, net debt of $190.3 million. Its current ratio was 1.00. In the latest quarter (ended July 31, 2026) total assets were $1.6 billion and equity $929.8 million.
Related: NCNO income statement, NCNO cash flow statement, NCNO key metrics. See the NCNO stock overview for the latest quote and news.
NCNO balance sheet FAQ
What are nCino's total assets?
nCino reported total assets of $1.6 billion at the end of fiscal 2026 (January 31, 2026), compared with $1.6 billion a year earlier.
How much debt does nCino have?
nCino had $278.7 million of total debt at the end of fiscal 2026, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.26.
How much cash does nCino have?
nCino held $88.4 million in cash and short-term investments at the end of fiscal 2026; with $278.7 million of debt that is net debt of $190.3 million.
What is nCino's book value?
nCino's shareholders' equity (book value) was $1.1 billion at the end of fiscal 2026, or $9.23 per share.
What is nCino's current ratio?
nCino had current assets of $293.5 million and current liabilities of $294.5 million, a current ratio of 1.00 (current liabilities exceed current assets).
How much goodwill does nCino have?
nCino carried $1.2 billion of goodwill and intangible assets, 73.6% of total assets, at the end of fiscal 2026.