nCino, Inc.NCNOEarnings & Financial Report
nCino, Inc. is a global financial technology company headquartered in Wilmington, North Carolina. The company offers its cloud-based banking software and core banking platform. The nCino Platform is used by banks and credit unions, and enterprise financial institutions.
Revenue
$144.1M
Gross Profit
$86.4M
Operating Profit
$-1.5M
Net Profit
$5.6M
Gross Margin
60.0%
Operating Margin
-1.0%
Net Margin
3.9%
YoY Growth
12.5%
EPS
$0.05
nCino, Inc. Q1 FY2026 Financial Summary
nCino, Inc. reported revenue of $144.1M (up 12.5% YoY) for Q1 FY2026, with a net profit of $5.6M (up 286.9% YoY) (3.9% margin). Cost of goods sold was $57.7M, operating expenses totaled $88.0M.
Key Financial Metrics
| Total Revenue | $144.1M |
|---|---|
| Net Profit | $5.6M |
| Gross Margin | 60.0% |
| Operating Margin | -1.0% |
| Report Period | Q1 FY2026 |
nCino, Inc. Annual Revenue by Year
nCino, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $540.7M).
| Year | Annual Revenue |
|---|---|
| 2025 | $540.7M |
| 2024 | $476.5M |
| 2023 | $408.3M |
nCino, Inc. Quarterly Revenue & Net Profit History
nCino, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q3 FY2026 | $152.2M | +9.6% | $6.5M | 4.3% |
| Q2 FY2026 | $148.8M | +12.4% | $-15.3M | -10.3% |
| Q1 FY2026 | $144.1M | +12.5% | $5.6M | 3.9% |
| Q4 FY2025 | $141.4M | +14.3% | $-18.6M | -13.2% |
| Q3 FY2025 | $138.8M | +13.8% | $-5.3M | -3.8% |
| Q2 FY2025 | $132.4M | +12.9% | $-11.0M | -8.3% |
| Q1 FY2025 | $128.1M | +12.7% | $-3.0M | -2.3% |
| Q4 FY2024 | $123.7M | +13.3% | $1.2M | 0.9% |
Income Statement
| Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $123.7M | $128.1M | $132.4M | $138.8M | $141.4M | $144.1M | $148.8M | $152.2M |
| YoY Growth | 13.3% | 12.7% | 12.9% | 13.8% | 14.3% | 12.5% | 12.4% | 9.6% |
Balance Sheet
| Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $1.34B | $1.42B | $1.41B | $1.52B | $1.61B | $1.65B | $1.62B | $1.56B |
| Liabilities | $287.8M | $355.9M | $329.8M | $423.1M | $512.8M | $570.0M | $548.9M | $507.3M |
| Equity | $1.05B | $1.06B | $1.07B | $1.09B | $1.09B | $1.07B | $1.06B | $1.04B |
Cash Flow
| Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $8.1M | $54.4M | $5.0M | $5.8M | $-10.0M | $54.3M | $17.7M | $5.1M |