Ncino, Inc. ( (NCNO) ) has released its Q2 earnings. Here is a breakdown of the information Ncino, Inc. presented to its investors.
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nCino, Inc. is a leading provider of intelligent banking solutions, focusing on digitizing and enhancing business processes for financial institutions globally. The company recently reported its financial results for the second quarter of fiscal year 2026, showcasing a notable increase in both total and subscription revenues. nCino’s total revenues reached $148.8 million, marking a 12% increase from the previous year, while subscription revenues rose by 15% to $130.8 million. Despite a GAAP loss from operations, the company achieved a significant 56% increase in non-GAAP operating income, reflecting strong demand for its solutions and strategic growth initiatives. The company also expanded its market presence by renewing and expanding relationships with major banks in North America and signing new clients in Spain and the UK. Looking ahead, nCino remains optimistic about its growth prospects, with management providing positive guidance for the upcoming quarters, emphasizing continued innovation and market expansion.