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
$148.8M
Gross Profit
$88.1M
Operating Profit
$-9.3M
Net Profit
$-15.3M
Gross Margin
59.2%
Operating Margin
-6.2%
Net Margin
-10.3%
YoY Growth
12.4%
EPS
$-0.13
nCino, Inc. Q2 FY2026 Financial Summary
nCino, Inc. reported revenue of $148.8M (up 12.4% YoY) for Q2 FY2026, with a net profit of $-15.3M (down 38.2% YoY) (-10.3% margin). Cost of goods sold was $60.7M, operating expenses totaled $97.4M.
Key Financial Metrics
| Total Revenue | $148.8M |
|---|---|
| Net Profit | $-15.3M |
| Gross Margin | 59.2% |
| Operating Margin | -6.2% |
| Report Period | Q2 FY2026 |
Revenue Breakdown
nCino, Inc. Q2 FY2026 revenue of $148.8M breaks down across 2 segments, led by License And Service at $130.8M (87.9% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| License And Service | $130.8M | 87.9% |
| Professional Services | $18.1M | 12.1% |
nCino, Inc. Revenue by Segment — Quarterly Trend
nCino, Inc. revenue by segment across the last 4 reported quarters, showing how each business line (such as License And Service and Professional Services) has evolved quarter over quarter.
| Segment | Q3 FY2026 | Q2 FY2026 | Q1 FY2026 | Q4 FY2025 |
|---|---|---|---|---|
| License And Service | $133.4M | $130.8M | $133.4M | $125.0M |
| Professional Services | $18.8M | $18.1M | — | $16.4M |
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 |