nCino

Q2 FY2027 EarningsQ2 FY27 delivered a beat across the board, with total revenue of $161.0M exceeding the $159.2M consensus and subscription revenue growing 10% YoY. Profitability showed significant momentum as Non-GAAP operating margin reached 25% (vs. ~23% expected), and Free Cash Flow of $34.0M notably outpaced the $30.4M estimate. Driven by strong AI-led enterprise renewals and high-scale consolidation, management provided robust FY27 guidance, including FCF of $137M-$142M, reinforcing a trajectory of accelerating cash generation.