nCino, Inc. earnings

nCino reported total revenues of $161.0 million for the second quarter of fiscal 2027, up 8.2% year over year. Growth leaned on the installed base, where customers expanded their use of the platform, rather than on new logos.

nCino reported first quarter fiscal 2027 total revenues of $159.4 million, up 10.6% from $144.1 million in the prior-year quarter. Gross profit rose 16.8% to $100.9 million from $86.4 million. Gross margin expanded to 63.3% from 60.0%, an increase of 3.3 percentage points.

nCino closed fiscal 2026 with fourth-quarter total revenues of $149.7 million, up 5.9% from $141.4 million in the prior-year quarter. Full-year total revenues reached $594.8 million, up 10.0% from $540.7 million.

nCino reported total revenues of $152.2 million for the third quarter of fiscal 2026, up 9.6% year over year. Subscription revenues of $133.4 million rose 11% and made up 87.7% of the top line. Gross profit of $93.7 million was up 10.2%, and gross margin of 61.6% edged up 0.3 percentage points.

nCino reported total revenues of $148.8 million for FY2026 Q2, up 12.4% from $132.4 million in FY2025 Q2. Gross profit was $88.1 million, up 12.3% from $78.5 million. Gross margin was flat at 59.2%, compared with 59.3%. GAAP operating loss widened to $9.3 million from $7.9 million.

nCino opened fiscal 2026 with first quarter revenue of $144.14 million, up 12.5% from the prior-year quarter. Gross profit rose 12.4% to $86.44 million, and gross margin held flat at 60.0%. The operating loss narrowed to $1.51 million from a loss in the prior-year quarter, an improvement of $2.15 million.

nCino closed fiscal 2025 with fourth quarter total revenues of $141.4 million, up 14% from $123.7 million a year earlier. Subscription revenues did the heavy lifting at $125.0 million, up 16% from $107.5 million.

nCino reported total revenues of $138.8 million for the third quarter of fiscal 2025, up 13.8% from $121.9 million in the prior-year quarter. Subscription revenues reached $119.9 million, up 14% from $104.8 million, and made up 86.4% of the total, up from 85.9% a year earlier.

nCino reported total revenues of $132.4 million for the fiscal 2025 second quarter, up 12.9% year over year, with subscription revenue again supplying the bulk of the mix. Gross profit was $78.5 million, up 13.4%, and gross margin edged up to 59.3%, a gain of 0.3 percentage points over the prior-year quarter.

nCino reported total revenues of $128.1 million for the first quarter of fiscal 2025, up 12.7% from the prior-year quarter. Gross profit rose 14.0% to $76.9 million. Gross margin reached 60.0%, up from 59.4% a year earlier.

nCino closed fiscal 2024 with fourth quarter revenue of $123.7 million, up 13% from $109.2 million a year earlier. Full year revenue reached $476.5 million, up 17% from $408.3 million.

nCino reported FY2024 Q3 total revenues of $121.94 million, up 15.8% from $105.30 million in FY2023 Q3. Gross profit was $73.92 million, up 19.0% from $62.14 million, and gross margin improved to 60.6% from 59.0%.

nCino reported second quarter fiscal 2024 revenue of $117.2 million, up 17.7% from the prior-year quarter. Gross profit rose 18.5% to $69.2 million, and gross margin was 59.0%, up 0.4 percentage points from a year earlier.

nCino opened fiscal 2024 with total revenue of $113.7 million in the first quarter, up 20.7% from $94.2 million a year earlier. Subscription revenue did the heavy lifting at $97.3 million, up 23% from $79.2 million, and now makes up 85.6% of the total, up from 84.1% a year earlier. The quarter brought a top-15 U.K.

nCino reported fourth-quarter total revenues of $109.2 million, up 46% year over year. GAAP gross profit rose 47.1% to $64.25 million, and gross margin was 58.9%, up 0.6 percentage points. The GAAP operating loss narrowed to $23.33 million, while GAAP net loss attributable to nCino widened to $21.21 million.

nCino reported third quarter fiscal 2023 results for the period ended October 31, 2022. Total revenues were $105.3 million, up 50.3% from the prior-year quarter. Gross margin was 59.0%, down 2.1 percentage points from the prior-year quarter. Remaining performance obligations were $919.2 million.

nCino's FY2023 Q2 total revenues were $99.6 million, up 49.8% year over year. Gross profit was $58.4 million, up 46.2%. Gross margin slipped to 58.6%, down 1.4 percentage points. Operating loss widened to $25.0 million. Net loss attributable to nCino widened to $27.2 million. Diluted EPS was -$0.25.

nCino reported total revenues of $94.2 million for the first quarter of fiscal 2023, up 51.1% from the prior-year quarter. Gross profit was $53.9 million, up 49.5%. The top line included the first full quarter of SimpleNexus, which nCino acquired at the end of fiscal 2022.