Justin Nyweide
On February 9, 2025, the Board increased the size of the Board from nine (9) to ten (10) directors and appointed Justin Nyweide to the Board, effective upon the execution and delivery of the Cooperation Agreement.
Highest-materiality recent filing
nCino Q2 FY27 revenue up 8% to $161.0M, beats guidance; new $100M buyback
Total revenue $161.0M (+8% YoY); subscription revenue $143.5M (+10% YoY).
nCino Q1 FY2027: Revenue up 11% to $159.4M, GAAP operating margin turns positive to 13%
Total revenues $159.4M (+11% YoY); subscription revenue $140.9M (+12% YoY).
nCino beats Q4 FY2026 guidance; rev $149.7M, GAAP EPS $0.07, announces $100M ASR, $200M term loan
Q4 total revenue $149.7M (+6% YoY); subscription revenue $133.4M (+7%); GAAP net income $8.3M vs loss of $(18.6M) YoY.
nCino Q3 rev $152.2M (+10% YoY), GAAP EPS $0.06; guides Q4 rev ~$147M; board adds two AI execs
Revenue $152.2M (+10% YoY); subscription rev $133.4M (+11%); GAAP operating income $11.7M vs -$0.8M loss prior year.
nCino Q2 FY26 revenue $148.8M (+12% YoY), non-GAAP EPS $0.22 beats guidance
Total revenue $148.8M (+12% YoY); subscription rev. $130.8M (+15% YoY), both above quarterly guidance.
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).
nCino preliminary Q1 FY2026 results exceed top end of guidance across key metrics
Preliminary unaudited Q1 FY2026 (ended April 30, 2025) total revenue, subscription revenue, and non-GAAP operating income all exceed top end of previously issued guidance.
nCino preliminary Q1 FY2026 results exceed top end of guidance across key metrics
Preliminary Q1 FY2026 Total Revenues, Subscription Revenues, and non-GAAP Operating Income each exceed previously disclosed guidance ranges.
nCino Q4 revenue $141.4M (+14%), subscription up 16%; authorizes $100M buyback
Q4 revenue $141.4M (+14%); subscription $125.0M (+16%); FY2025 revenue $540.7M (+13%).
nCino appoints Sean Desmond as CEO, Pierre Naudé becomes Executive Chairman
Sean Desmond promoted from Chief Product Officer to President & CEO effective Feb 1, 2025; Pierre Naudé becomes Executive Chairman.
nCino Q3 revenue $138.8M (+14% YoY); corrects FY2025 Non-GAAP EPS guidance to $0.72-0.73
Q3 revenue $138.8M (+14% YoY); subscription $119.9M (+14%); Non-GAAP op income $28.0M (+38%).
nCino Q3 FY2025 revenue $138.8M (+14% YoY); non-GAAP EPS $0.21 beats; guides FY25 rev ~$540M
Total revenues $138.8M, up 14% YoY; subscription revenues $119.9M, up 14%.
nCino signs definitive agreement to acquire FullCircl for $135M; new $250M credit facility
nCino entered $250M senior secured revolving credit facility with Bank of America, maturing Oct 28, 2029; used partly to fund acquisition.
nCino Q2 FY2025: rev $132.4M (+13%), non-GAAP EPS $0.14, raises FY guidance
Total revenues $132.4M (+13% YoY); subscription rev $113.9M (+14% YoY).
nCino Q1 revenue $128.1M (+13% YoY); non-GAAP EPS $0.19, FY25 revenue guide $538.5-544.5M
Total revenues $128.1M, up 13% YoY; subscription revenues $110.4M, up 13% YoY.
nCino reports Q4 revenue $123.7M (+13% YoY), GAAP net income $1.2M; CRO Josh Glover departing
Q4 total revenue $123.7M (+13% YoY); subscription revenue $107.5M (+16% YoY). GAAP net income $1.2M vs ($21.2M) loss.
nCino acquires DocFox for $75M cash; amends credit facility
Acquired DocFox for $75M cash to extend commercial onboarding capabilities; deal expected to close March 2024.
nCino extends Salesforce partnership to 2031; expects subscription gross margin improvement
Amendment to Salesforce agreement extends term through January 31, 2031.
nCino Q3 FY2024 revenue $121.9M (+16% YoY); non-GAAP EPS $0.14, beats prior year loss
Subscription revenue $104.8M, up 19% YoY; GAAP operating margin improved to (11)% from (18)%.
nCino Q2 FY2024 revenue up 18% to $117.2M; non-GAAP EPS $0.09 vs loss prior year
Total revenue $117.2M (+18% YoY), subscription $99.9M (+18%); GAAP EPS $(0.14) loss vs $(0.25) prior year.
nCino Q1 FY2024 rev $113.7M (+21% YoY); non-GAAP EPS $0.07, record FCF $29.7M
Total revenues $113.7M (+21% YoY); subscription revenues $97.3M (+23% YoY).
nCino Q4 revenue $109.2M (+46% YoY); non-GAAP op income $1.8M; FY2024 guidance $476-483M rev
Q4 total rev $109.2M (+46% YoY); subscription rev $92.8M (+48% YoY); organic subscription rev $77.0M (+30% YoY).
DOJ closes antitrust investigation into nCino; no penalties imposed
DOJ informed nCino on Feb 8, 2023 that antitrust investigation into hiring/wage practices is closed.
nCino CFO David Rudow terminated without cause; separation benefits detailed in agreement
David Rudow’s employment terminated without cause effective Jan 31, 2023; entered separation agreement Jan 19.
nCino names Greg Orenstein CFO, cuts 7% of workforce, reaffirms Q4/FY23 guidance
Greg Orenstein promoted from Chief Corporate Development & Strategy Officer to CFO; David Rudow terminated without cause effective Jan 31, 2023.
nCino Q3 FY2023 revenue $105.3M (+50% YoY); first non-GAAP operating income $2.5M
Subscription revenue $88.3M (+55% YoY); organic subscription revenue $72.9M (+28% YoY).
nCino Q2 FY2023 revenue $99.6M (+50% YoY); GAAP EPS ($0.25), guides Q3 rev $103-104M
Total revenues $99.6M (+50% YoY); subscription revenues $84.4M (+57% YoY); organic subscription rev $69.4M (+29% YoY).
nCino Q1 FY2023 revenue $94.2M (+51% YoY); net loss $30.7M
Total revenue $94.2M (+51% YoY); subscription revenue $79.2M (+55%).
nCino reports Q4 FY2022 revenue $75M (+32%); FY2023 guidance $398-400M
FY2022 total revenue $273.9M, up 34% YoY; subscription revenue $224.9M, up 38% YoY.
nCino closes SimpleNexus acquisition for ~12.76M shares plus $270M cash
Acquisition completed Jan 7, 2022; total consideration approx 12.76M NCNO shares and $270M cash.
On February 9, 2025, the Board increased the size of the Board from nine (9) to ten (10) directors and appointed Justin Nyweide to the Board, effective upon the execution and delivery of the Cooperation Agreement.
the Board also approved an increase in the size of the Board from eight to nine directors, and appointed Mr. Desmond as a Class II Director, effective February 1, 2025.
appointed Sean Desmond, the Company's Chief Product Officer, as the Company's Chief Executive Officer
appointed Pierre Naudé, the Company's Chairman and Chief Executive Officer, as the Executive Chairman of the Board
Matthew Hansen, the Company’s Chief Product Officer, notified the Company on March 26, 2024 that he will step down from that position effective May 1, 2024.
Sean Desmond, who has served as the Company’s Chief Customer Success Officer since July 2013, will succeed Mr. Hansen as the Company’s Chief Product Officer.
On March 22, 2024, Josh Glover, the Company’s President and Chief Revenue Officer, notified the Company that he is leaving the Company effective April 12, 2024 to pursue an opportunity outside of the financial services industry.
Paul Clarkson, who has previously worked closely with Mr. Glover during Mr. Clarkson’s tenure as Executive Vice President Global Banking, has been named Executive Vice President Global Revenue, effective immediately, and will assume certain of Mr. Glover’s responsibilities.
the employment of David Rudow, the Company’s Chief Financial Officer & Treasurer, was terminated without cause effective as of January 31, 2023
On January 17, 2023, the Board of Directors of nCino, Inc. (the “Company”) appointed its current Chief Corporate Development & Strategy Officer, Greg Orenstein, to the position of Chief Financial Officer & Treasurer, succeeding David Rudow whose employment with the Company was terminated without cause effective as of January 31, 2023 (the “Transition Date”).
On January 17, 2023, the Board of Directors of nCino, Inc. (the “Company”) appointed its current Chief Corporate Development & Strategy Officer, Greg Orenstein, to the position of Chief Financial Officer & Treasurer, succeeding David Rudow whose employment with the Company was terminated without cause effective as of January 31, 2023 (the “Transition Date”).
On November 22, 2022, the Board of Directors (“Board”) of nCino, Inc., a Delaware corporation (the “Company”) increased the size of the Board from seven to eight members and appointed William (Bill) Spruill to serve as a director.
Max materiality 0.85 · Median 0.70 · Most common event earnings