From GlobeNewswire: 2025-05-28 16:05:00

nCino, Inc. reported total revenues of $144.1 million for the first quarter of fiscal year 2026, a 13% increase from the same period last year. Subscription revenues also saw a 14% increase, totaling $125.6 million. The company’s CEO, Sean Desmond, highlighted strong execution and value delivery for shareholders and customers, emphasizing advancements in key platform capabilities across various banking solutions.

Financially, nCino saw a GAAP net income of $5.6 million in the first quarter of fiscal 2026, compared to a loss of $3.0 million in the same quarter last year. Non-GAAP net income was $18.4 million, a slight decrease from $22.8 million in the first quarter of fiscal 2025. The company also repurchased approximately 1.8 million shares of common stock for $40.6 million.

Recent business highlights include signing a multi-solution expansion agreement with a U.S. bank, completing a rollout with a top-5 U.S. bank, and being selected by San ju San Bank for mortgage lending. nCino also benefited from expansion opportunities following customer M&A activities and hosted nSight 2025, unveiling product enhancements leveraging advanced AI.

Looking ahead, nCino provided guidance for the second quarter of fiscal year 2026, expecting total revenues between $142.0 million and $144.0 million. Subscription revenues are projected to be between $124.5 million and $126.5 million. The company also provided guidance for the full fiscal year 2026, with total revenues between $578.5 million and $582.5 million. Subscription revenues are expected to be between $507.0 million and $511.0 million. Annual Contract Value is forecasted to be between $564.0 million and $567.0 million.



Read more at GlobeNewswire:: nCino Reports First Quarter Fiscal Year 2026 Financial