nCino Inc. reported its financial results for the first quarter of fiscal year 2026, showing a 13% year-over-year increase in total revenues, reaching $144.1 million. Subscription revenues grew by 14% year-over-year, totaling $125.6 million. The company also reported a GAAP net income attributable to nCino of $5.6 million, compared to a loss of $3.0 million in the first quarter of fiscal 2025. On a non-GAAP basis, net income attributable to nCino was $18.4 million, down from $22.8 million in the same period last year. The GAAP net income per basic and diluted share stood at $0.05, improving from a loss of $0.03 per share in the previous year. Non-GAAP net income per diluted share was $0.16, compared to $0.20 in the prior year. Looking ahead, nCino provided guidance for the second quarter ending July 31, 2025, with expected total revenues between $142.0 million and $144.0 million, and subscription revenues between $124.5 million and $126.5 million. The company anticipates a non-GAAP operating income between $23.5 million and $24.5 million, with non-GAAP net income per diluted share projected between $0.13 and $0.14. For the fiscal year 2026 ending January 31, 2026, nCino expects total revenues between $578.5 million and $582.5 million, and subscription revenues ranging from $507.0 million to $511.0 million. The company forecasts non-GAAP operating income between $112.0 million and $116.0 million and non-GAAP net income per diluted share of $0.69 to $0.72. The Annual Contract Value $(ACV.SI)$ is projected to be between $564.0 million and $567.0 million.