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Jul 31, 2025
nCino Q2 2026 Earnings Report
nCino reported its Q2 2026 earnings with strong revenue growth and improved non-GAAP profitability despite a GAAP net loss.
Key Takeaways
nCino delivered Q2 revenue of $148.8M and an adjusted EPS of $0.22, surpassing expectations on both total and subscription revenue. Non-GAAP net income rose significantly while the company continues investing in AI-driven solutions.
Total revenue reached $148.8M, with strong growth in subscription revenue.
Non-GAAP operating income increased to $30M, indicating better operational efficiency.
GAAP net loss widened to $15.3M, impacted by increased expenses and restructuring charges.
nCino repurchased ~$20M worth of stock, reflecting confidence in long-term prospects.
Revenue by Segment
Forward Guidance
nCino expects continued revenue growth in Q3 2026, with stable profitability metrics and ongoing investments in innovation.
Positive Outlook
- Q3 total revenue expected between $146M and $148M.
- Subscription revenue projected to reach up to $129.5M.
- Non-GAAP operating income forecasted up to $33.5M.
- Non-GAAP EPS guidance between $0.20 and $0.21.
- Continued demand for newer solutions and expansion across markets.
Challenges Ahead
- GAAP net losses are expected to continue.
- Ongoing restructuring and acquisition-related expenses may impact margins.
- Macroeconomic uncertainty in financial services could affect customer budgets.
- Increased use of revolving credit facility—$203.5M outstanding.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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