nCino, Inc.

Cash Cash, cash equivalents, and restricted cash were $123.2 million as of July 31, 2025 and $203.5 million was outstanding under nCino's revolving credit facility.

SEC original ↗nCino, Inc. — Earnings release (8-K exhibit)EX-99Aug 26, 2025

In the second quarter ended July 31, 2025, nCino repurchased approximately 750,000 shares of the Company's outstanding common stock at an average share price of $26.89 for total consideration of approximately $20.0 million.

SEC original ↗nCino, Inc. — Earnings release (8-K exhibit)EX-99Aug 26, 2025

The Company records the allowance against bad debt expense through the unaudited condensed consolidated statements of operations, included in general and administrative expenses, up to the amount of revenues recognized to date.

SEC original ↗nCino, Inc. — 10-Q Quarterly report10-QAug 25, 2026

A summary of activity in the allowance for doubtful accounts and reserve for expected credit losses is as follows: Three Months Ended July 31, Six Months Ended July 31, 2025 2026 2025 2026 Balance, beginning of period $ 1,269 $ 2,739 $ 1,229 $ 2,825 Charged to (recovery of) bad debt expense ( 49 ) 247 153 193 Charged to deferred revenue 12 20 Write-offs and other 28 ( 1,069 ) ( 156 ) ( 1,069 ) Translation adjustments ( 7 ) 2 ( 27 ) Balance, end of period $ 1,248 $ 1,922 $ 1,248 $ 1,922 Investments : The Company s investments are non-marketable equity investments without readily determinable fair value and for which the Company does not have control or significant influence.

SEC original ↗nCino, Inc. — 10-Q Quarterly report10-QAug 25, 2026

The carrying amount of our term loan and any outstanding borrowings on the Company s revolving credit facility approximates fair value due to the variable interest rates of the debt.

SEC original ↗nCino, Inc. — 10-Q Quarterly report10-QAug 25, 2026

Stockholders Equity and Stock-Based Compensation Stock Repurchase Programs In March 2025, our Board of Directors authorized a stock repurchase program of up to $ 100.0 million of our outstanding common stock (the March 2025 Stock Repurchase Program ) which was completed in the third quarter of fiscal 2026.

SEC original ↗nCino, Inc. — 10-Q Quarterly report10-QAug 25, 2026

We saw customer demand continue to strengthen in the second quarter, including for newer solutions and across our target markets, reinforcing our confidence in our strategy and in our improved financial outlook.

SEC original ↗nCino, Inc. — Earnings release (8-K exhibit)EX-99Aug 26, 2025

By integrating artificial intelligence and actionable insights into its platform, nCino is helping financial institutions consolidate legacy systems to enhance strategic decision-making, improve risk management, and elevate customer satisfaction by cohesively bringing together people, AI and data.

SEC original ↗nCino, Inc. — Earnings release (8-K exhibit)EX-99Aug 26, 2025

com Forward-Looking Statements This press release contains forward-looking statements about nCino's financial and operating results, which include statements regarding nCino s future performance, outlook, guidance, the benefits from the use of nCino s solutions, our strategies, and general business conditions.

SEC original ↗nCino, Inc. — Earnings release (8-K exhibit)EX-99Aug 26, 2025

Forward-looking statements generally include actions, events, results, strategies and expectations and are often identifiable by use of the words believes, expects, intends, anticipates, plans, seeks, estimates, projects, may, will, could, might, or continues or similar expressions and the negatives thereof.

SEC original ↗nCino, Inc. — Earnings release (8-K exhibit)EX-99Aug 26, 2025

nCino excludes costs incurred related to bespoke restructuring plans and other one-time costs, if any, that are fundamentally different in strategic nature and frequency from ongoing initiatives.

SEC original ↗nCino, Inc. — Earnings release (8-K exhibit)EX-99Aug 26, 2025

nCino excludes fees and expenses related to litigation expenses incurred from legal matters outside the ordinary course of our business as we believe their exclusion from non-GAAP operating expenses will facilitate a more meaningful explanation of operating results and comparisons with prior period results.

SEC original ↗nCino, Inc. — Earnings release (8-K exhibit)EX-99Aug 26, 2025

1 GAAP operating margin % (6) % (6) % (4) % (4) % Amortization of intangible assets 6 6 5 6 Stock-based compensation 14 13 13 12 Acquisition-related expenses 1 1 2 1 Litigation expenses Restructuring charges 7 3 Non-GAAP operating margin % 15 % 20 % 17 % 19 % GAAP net loss attributable to nCino, Inc.

SEC original ↗nCino, Inc. — Earnings release (8-K exhibit)EX-99Aug 26, 2025

$ (11,040) $ (15,257) $ (14,016) $ (9,695) Amortization of intangible assets 7,349 9,241 14,031 18,430 Stock-based compensation 18,839 18,616 35,044 34,430 Acquisition-related expenses 947 1,384 5,987 2,724 Litigation expenses 69 250 Restructuring charges 10,065 10,065 Intercompany foreign currency Exchange (gain) loss 2 (278) (650) 566 (14,950) Tax provision (benefit) related to acquisition 2,508 (3,609) 553 Income tax effect on non-GAAP adjustments 3 (313) (1,845) (763) 533 Adjustment attributable to redeemable non-controlling interest 75 1,612 919 1,991 Non-GAAP net income attributable to nCino, Inc.

SEC original ↗nCino, Inc. — Earnings release (8-K exhibit)EX-99Aug 26, 2025

Legal Proceedings 44 Item 1A.

SEC original ↗nCino, Inc. — 10-Q Quarterly report10-QAug 25, 2026

Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements, including those described in Risk Factors, Management s Discussion and Analysis of Financial Condition and Results of Operations, and elsewhere in this report.

SEC original ↗nCino, Inc. — 10-Q Quarterly report10-QAug 25, 2026

Given these uncertainties, you should not place undue reliance on these forward-looking statements.

SEC original ↗nCino, Inc. — 10-Q Quarterly report10-QAug 25, 2026