The financials
nCino, Inc. by the numbers
nCino, Inc. (NCNO) reported revenue of $159M in Q1 2027 (quarter ended April 30, 2026), up 11% from the same quarter a year earlier. That came with a gross margin of 63% and net income of $14M (8.6% of revenue). For the full year FY2026, revenue was $595M (+10% year on year) and net income $5.2M. Its largest product in 2026-Q2 was Subscriptions Non Mortgage at $90M, 70% of the disclosed total, just ahead of Subscriptions Mortgage at 15%.
| Income statement | Q1 2027 | Q1 2026 | Change |
|---|---|---|---|
| Revenue | $159M | $144M | +11% |
| Gross profit | $101M | $86M | +17% |
| Operating income | $21M | −$1.5M | to a profit |
| Net income | $14M | $5.6M | +145% |
| Diluted EPS | $0.12 | $0.05 | +140% |
| Product | Revenue | Share |
|---|---|---|
| Subscriptions Non Mortgage | $90M | 70% |
| Subscriptions Mortgage | $20M | 15% |
| Professional Services | $18M | 14% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q2 2026Total $128.2M (+3.1%)
Subscriptions Non Mortgage grew +11% year on yearProfessional Services -0.35% year on year
Segment Latestquarter on quarteryear on year
- Subscriptions Non Mortgage$90.0M$90.0MQoQ +6.5%year on year +11%+6.5%+11%
- Subscriptions Mortgage$19.7M$19.7MQoQ -6.4%year on year +3.9%-6.4%+3.9%
- Professional Services$18.5M$18.5MQoQ -1.4%year on year -0.35%-1.4%-0.35%
Software - Application
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