nCino's Q4 revenue beats estimates on strong global sales execution

nCino

31/03/2026 21:13

Overview

US banking solutions provider's fiscal Q4 revenue rose 6%, beating analyst expectations

Adjusted net income and adjusted operating income for Q4 beat analyst expectations

Company announced $100 mln accelerated share repurchase program

Outlook

nCino sees Q1 total revenue between $154.5 mln and $156.5 mln

Company expects FY 2027 revenue between $639.0 mln and $643.0 mln

Company projects FY 2027 free cash flow between $132.0 mln and $137.0 mln

Result Drivers

GLOBAL SALES EXECUTION - Co said strong global sales execution contributed to record gross ACV bookings and revenue growth

AI-POWERED SOLUTIONS DEMAND - Co cited accelerating demand for its industry-focused AI capabilities as a growth driver

NEW AND EXPANDED CUSTOMER RELATIONSHIPS - Co highlighted new customer wins and expanded relationships with major banks in Japan, Austria, and the US

Company press release: ID:nGNXYXv0y

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Beat
$149.67 mln
$147.82 mln (16 Analysts)
Q4 Adjusted Net Income
Beat
$42.8 mln
$24.42 mln (13 Analysts)
Q4 Gross Margin
61%
Q4 Adjusted Operating Income
Beat
$34.7 mln
$33.16 mln (15 Analysts)
Q4 Subscription Revenue
$133.4 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "strong buy" or "buy", 8 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the software peer group is "buy"

Wall Street's median 12-month price target for nCino Inc is $30.00, about 108% above its March 30 closing price of $14.42

The stock recently traded at 14 times the next 12-month earnings vs. a P/E of 26 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)