NCNO
nCino, Inc.24.63
+0.11+0.45%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
2.85BP/E (TTM)
-Basic EPS (TTM)
-0.19Dividend Yield
0%Recent Filings
8-K
8-K
10-Q
8-K
nCino Q2 revenues up 12%
nCino reported Q2 fiscal 2026 results on August 26, 2025, with total revenues hitting $148.8 million, up 12% year-over-year, and subscription revenues climbing 15% to $130.8 million. Non-GAAP operating income surged 56% to $30.0 million, fueled by strengthening customer demand and expansions with major banks in the U.S., Canada, UK, and Spain. The company raised its full-year guidance, targeting total revenues of $585.0 million to $589.0 million. Yet economic headwinds loom large.
10-Q
Q2 FY2026 results
nCino's Q2 FY2026 revenues climbed 12.4% y/y to $148.8M, with subscription revenue up 14.8% y/y to $130.8M, fueled by expansions in existing accounts and new customer wins, while international sales grew to 22.5% of total. Gross profit held steady at 59.2%, but operating loss widened to $9.3M from $7.9M y/y amid $10.1M in restructuring charges from a 7% workforce cut aimed at efficiency. Net loss reached $15.3M, or $(0.13) per diluted share, versus $11.0M y/y, with the gap to operating loss tied to higher interest expense on debt. Cash from operations hit $72.1M YTD, up from $59.4M, supporting $50.3M for the Sandbox Banking acquisition in February 2025 (recognizing $53.8M goodwill and $13.4M finite-lived intangibles amortized over 5-10 years) and $60.5M in share repurchases; quarter-end cash stood at $122.9M with $203.5M drawn on the $250M revolver (6.33% rate, $46.5M available). Non-GAAP operating income rose to $30.0M from $19.3M y/y, as defined and reconciled in the filing. Competition from legacy systems lingers as a key risk.
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