nCino's stock surged 6.92% in after-hours trading following the release of its third-quarter fiscal 2026 financial results, which exceeded analyst expectations. The company also raised its full-year revenue and earnings guidance, signaling strong confidence in its future performance.
nCino reported Q3 revenue of $152.2 million, up 10% year-over-year and beating the consensus estimate of $146.6 million. Adjusted EPS came in at $0.31, significantly higher than the $0.20 estimate. Subscription revenue grew 11% to $133.4 million, while the non-GAAP operating margin expanded to 26%, up 6 percentage points year-over-year.
The company raised its fiscal 2026 revenue guidance to $591.9-$593.4 million, above the $587.8 million consensus, and adjusted EPS guidance to $0.90-$0.91, up from the previous $0.77-$0.80 range. Additionally, nCino announced the appointment of two new AI-focused board members, further strengthening its leadership in intelligent banking solutions.
Comments