nCino's stock surged 23.50% in post-market trading on Tuesday, following the release of its fourth-quarter and fiscal year 2026 financial results.
The banking solutions provider reported quarterly adjusted earnings of $0.37 per diluted share, significantly exceeding the $0.21 analyst estimate. Revenue for the quarter rose 6% year-over-year to $149.7 million, beating expectations of $147.8 million. The company also posted a GAAP net income of $8.3 million, swinging from a loss in the prior-year period, with adjusted net income soaring 95% to $42.8 million against estimates of $24.4 million.
Further fueling investor optimism, nCino provided strong guidance for fiscal 2027, projecting revenue between $639 million and $643 million, aligning with analyst expectations. The company also announced a $100 million accelerated share repurchase program and appointed Keith Kettell as its new Chief Revenue Officer to lead its next growth phase, citing strong global sales execution and accelerating demand for its AI-powered banking solutions.