secwatch.observer — SEC 8-K summary
======================================

Issuer:     nCino, Inc. (NCNO)
CIK:        0001902733
Form:       8-K
Filed at:   2025-05-28T23:59:59+00:00
Accession:  0001902733-25-000074
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

nCino Q1 FY2026 revenue $144.1M (+13% YoY); GAAP net income turns positive
--------------------------------------------------------------------------

- Total revenues $144.1M (+13% YoY); subscription revenues $125.6M (+14% YoY).
- GAAP net income attributable to nCino $5.6M ($0.05 per share) vs loss of $3.0M a year ago.
- Non-GAAP net income $18.4M ($0.16 per diluted share) down from $22.8M ($0.20) prior year.
- Repurchased 1.8M shares for $40.6M at avg $22.17; cash $133.6M, revolver drawn $208.5M.
- FY2026 guidance: total rev $578.5-582.5M; ACV $564-567M; non-GAAP EPS $0.69-0.72.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1902733/000190273325000074/0001902733-25-000074-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1902733/000190273325000074/ncno-20250528.htm
  HTML page:      https://secwatch.observer/filing/0001902733-25-000074

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer