NASDAQ$NCNO
nCino Inc. · Q4 2024 earnings
Q4 2024 earnings · · Investor relations
Briefing
nCino reported strong fourth quarter and fiscal year 2024 financial results, with significant growth in total revenues and subscription revenues.
nCino, Inc. announced robust financial results for the fourth quarter and fiscal year 2024, highlighted by a 13% year-over-year increase in total revenues to $123.7 million and a 16% increase in subscription revenues to $107.5 million. The company also achieved a GAAP net income of $1.2 million for the quarter, a significant improvement from a net loss in the prior year.
- Q4 total revenues increased by 13% year-over-year to $123.7 million.
- Q4 subscription revenues grew by 16% year-over-year to $107.5 million.
- GAAP net income attributable to nCino for Q4 was $1.2 million, compared to a net loss of $(21.2) million in the prior year.
- Non-GAAP operating income for Q4 was $19.3 million, a substantial increase from $1.8 million in the prior year.
Headline financials
Revenue & EPS history
nCino · Revenue · Quarterly
$124M
Revenue by segment
nCino · $124M total across 2 segments · Q4 2024
- Subscription$107M—86.9%
- Professional Services$16.2M—13.1%
Forward guidance
nCino provided guidance for its first quarter ending April 30, 2024, and for the full fiscal year 2025, projecting continued revenue growth and improved non-GAAP profitability.
Tailwinds
- Q1 2025 total revenues are projected to be between $126.0 million and $127.0 million.
- Q1 2025 subscription revenues are projected to be between $108.75 million and $109.75 million.
- Q1 2025 non-GAAP operating income is projected to be between $18.0 million and $19.0 million.
- FY 2025 total revenues are projected to be between $538.5 million and $544.5 million.
- FY 2025 non-GAAP operating income is projected to be between $84.0 million and $86.0 million.
Headwinds
- No specific negative forward guidance points were explicitly stated in the provided text.
- The company did not provide GAAP net income guidance for the upcoming periods.
- The company did not provide GAAP EPS guidance for the upcoming periods.
- The company did not provide specific guidance on potential impacts from the Chief Revenue Officer transition.
- The company did not provide specific guidance on the impact of the DocFox acquisition on future financials.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 13 quarterly earnings reports · overlaid with Q4 2024
-0.0%
Avg return
Earnings day
+1.2%
Avg return
5 days after
+2.4%
Avg return
30 days after
33%
5 / 15 earnings
Positive
+13.9%
Q2 2026
Best reaction
-6.9%
Q2 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q4 2026 | +0.0% | -4.0% | — | |
| Q1 2027 | +4.6% | +9.6% | — | |
| Q3 2026 | -4.8% | -2.8% | -3.6% | |
| Q2 2026 | +13.9% | +11.9% | -2.5% | |
| Q1 2026 | -1.7% | +1.8% | +3.3% | |
| Q3 2025 | -2.8% | -2.2% | +9.4% | |
| Q2 2025 | -0.3% | -6.5% | -8.8% | |
| Q1 2025 | -1.0% | +2.6% | +2.3% | |
| Q4 2024 | -3.5% | -6.1% | -7.9% | |
| Q3 2024 | +0.8% | -1.6% | +13.1% | |
| Q3 2023 | +1.9% | +7.2% | +0.2% | |
| Q2 2024 | +1.9% | +14.0% | +9.3% | |
| Q1 2024 | -0.3% | -12.9% | +9.2% | |
| Q2 2023 | -6.9% | -0.0% | +8.1% | |
| Q1 2023 | -2.0% | +6.4% | -1.4% |
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