Quarterly ResultMay 27, 2026, 05:12 PM
nCino Q1 Revenue +10.6% to $159.4M; EPS $0.13; Net Income +145%
AI Summary
nCino reported strong first-quarter fiscal 2027 results with total revenues increasing 10.6% to $159.4 million and net income attributable to nCino, Inc. surging 145% to $13.6 million. The company achieved a significant turnaround in operating income, moving from a loss of $1.5 million in the prior year to a profit of $21.1 million. Operating cash flow also saw substantial growth, reaching $81.4 million, and the company repurchased $110.1 million of common stock.
Key Highlights
- Total revenues increased 10.6% to $159.4 million for the three months ended April 30, 2026.
- Subscription revenues grew 12.2% to $140.9 million.
- Net income attributable to nCino, Inc. rose 145% to $13.6 million.
- Diluted EPS was $0.12, up from $0.05 in the prior year period.
- Income from operations improved significantly to $21.1 million from a loss of $1.5 million.
- Net cash provided by operating activities increased 49.9% to $81.4 million.
- Remaining performance obligations stood at $1.3 billion as of April 30, 2026.
- Repurchased $110.1 million of common stock during the quarter.
Price Impact
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