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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended
Apr. 30, 2022
Apr. 30, 2021
Revenues    
Total revenues $ 94,211 $ 62,355
Cost of revenues    
Total cost of revenues 40,302 26,299
Gross profit 53,909 36,056
Operating expenses    
Sales and marketing 29,339 18,425
Research and development 29,115 17,425
General and administrative 22,686 15,680
Total operating expenses 81,140 51,530
Loss from operations (27,231) (15,474)
Non-operating income (expense)    
Interest income 2 57
Interest expense (638) (268)
Other income (expense), net (1,573) 267
Loss before income taxes (29,440) (15,418)
Income tax provision 563 187
Net loss (30,003) (15,605)
Net loss attributable to redeemable non-controlling interest (344) (467)
Adjustment attributable to redeemable non-controlling interest 1,029 (130)
Net loss attributable to nCino, Inc. $ (30,688) $ (15,008)
Net loss per share attributable to nCino, Inc.:    
Basic (in USD per share) $ (0.28) $ (0.16)
Diluted (in USD per share) $ (0.28) $ (0.16)
Weighted average number of common shares outstanding:    
Basic (in shares) 109,998,637 94,402,265
Diluted (in shares) 109,998,637 94,402,265
Subscription    
Revenues    
Total revenues $ 79,189 $ 51,033
Cost of revenues    
Total cost of revenues [1] 25,510 14,946
Professional Services and other    
Revenues    
Total revenues 15,022 11,322
Cost of revenues    
Total cost of revenues $ 14,792 $ 11,353
[1] See Note 9 "Reseller Agreement" and Note 15 "Related-Party Transactions."