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.

At its Annual Meeting of Stockholders on June 18, 2026, nCino, Inc. stockholders approved an amendment to the company's Certificate of Incorporation. This amendment allows stockholders to remove any director with or without cause, aligning the charter with Delaware General Corporation Law following the previously approved declassification of the board. Additionally, stockholders elected Jon Doyle, William Spruill, Diego Dugatkin, and Andy Yasutake to the Board of Directors. The meeting also resulted in the ratification of Ernst & Young LLP as the independent auditor and the advisory approval of executive compensation. nCino, Inc. provides cloud-based banking software solutions.