Earnings ·
nCino reported second quarter fiscal 2027 results ending July 31, 2026, with total revenues of $161.0 million, an 8%…
NCNOnCino, Inc.
nCino reported second quarter fiscal 2027 results ending July 31, 2026, with total revenues of $161.0 million, an 8% increase year-over-year. Subscription revenue rose 10% to $143.5 million. The company achieved a GAAP operating margin of 8%, up 1,500 basis points, and reported net income attributable to nCino of $5.1 million compared to a loss in the prior year period. Free cash flow increased 170% to $34.0 million. Additionally, the Board authorized a new stock repurchase program for up to $100 million of common stock. The company provided third quarter revenue guidance between $161.25 million and $163.25 million and full-year fiscal 2027 non-GAAP operating income guidance between $171.0 million and $174.0 million. nCino operates in the financial technology industry, providing a cloud-based platform for banking operations.