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nCino (NCNO) Q4 FY26 earnings results (fourth quarter fiscal 2026)

10-K filed Mar 31, 2026

nCino (NCNO) reported revenue of $150M for the fourth quarter fiscal 2026 (Q4 FY26), +6% from a year earlier and -2% from the quarter before. Operating margin was 1.9%, net earnings $8.3M (5.6% of revenue).

Revenue$150M
Year over year+6%
Quarter over quarter-2%
Operating margin1.9%
Net earnings$8.3M

nCino, Q4 FY26: revenue $150M (+6% year over year), operating margin 1.9%, net earnings $8.3M, operating cash flow $12.9M. The chart follows the revenue to costs, profit and cash.

Q4 FY26AmountQ/QY/Y
Revenue$150M-2%+6%
Gross profit$91.9M-2%+9%
Operating profit$2.8M-76%—
Net earnings$8.3M+27%—
Operating cash flow$12.9M+155%—
Free cash flow$12.5M——

What changed

Revenue was $149.7M in Q4 FY26, up 6% year over year and down 2% from the previous quarter. Subscriptions was the largest line at 89% of revenue.

Gross margin was 61.4%, up 1.7 points from Q4 FY25. Operating profit was $2.8M, a 1.9% margin (up 5.9 points year over year). Operating expenses fell 1% while revenue rose 6%. Net earnings were $8.3M. The tax line was a benefit of $8.0M on pre-tax earnings of $746K.

Operating cash flow was $12.9M, 147% of net income including minority interests. Non-cash charges added back $10.3M of depreciation and amortization and $21.2M of share-based compensation. Working capital and other items used $27.3M. After purchases of property and equipment ($461K), free cash flow as the company reports it was $12.5M.

Questions

What was nCino's revenue in the fourth quarter fiscal 2026?

nCino (NCNO) reported revenue of $150M for the fourth quarter fiscal 2026 (Q4 FY26), +6% from a year earlier and -2% from the quarter before.

Was nCino profitable in the fourth quarter fiscal 2026?

Operating profit was $2.8M (1.9% of revenue) and net earnings $8.3M.

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Source: nCino 10-K on SEC EDGAR.