nCino, Inc. (NASDAQ: NCNO) announced its financial results for the second quarter of fiscal year 2026, ending July 31, 2025.
Total revenues reached $148.8 million, showing a 12% increase year-over-year.
Subscription revenues saw significant growth, reaching $130.8 million, up by 15% compared to the previous year.
Revenue Growth
Total revenues for Q2 FY2026 reached $148.8 million, a 12% increase from the same quarter in FY2025.
Subscription Revenues
Subscription revenues totaled $130.8 million in Q2 FY2026, showing a significant 15% year-over-year increase.
Operating Income
Non-GAAP operating income increased by 56% in Q2 FY2026, reaching $30.0 million compared to $19.3 million in Q2 FY2025.
Net Income
Non-GAAP net income attributable to nCino in Q2 FY2026 was $25.7 million, a notable 64% increase from the previous year.
Financial Outlook
nCino provided guidance for Q3 and FY2026, expecting continued growth in revenues and net income.
- nCino's strong financial performance in Q2 FY2026 demonstrates its ability to meet and exceed market expectations.
- The increase in subscription revenues indicates a growing customer base and demand for nCino's banking solutions.
- The positive outlook for future revenues and net income reflects the company's confidence in its strategic direction and market position.
nCino's solid financial results and growth in subscription revenues reflect its position as a leader in the intelligent banking solutions market. With a positive financial outlook for the future, nCino continues to demonstrate its commitment to innovation and customer satisfaction.