Ncino reports new $100M stock buyback authorization

nCino, Inc. (NASDAQ: NCNO) has announced a new $100 million stock repurchase program, reflecting the company’s confidence in its long-term growth and financial position. The authorization, approved by the Board of Directors, allows the company to repurchase shares through various methods, including accelerated stock repurchase transactions. The program does not specify a timeline or minimum number of shares to be repurchased and may be modified or suspended at any time.

This buyback follows a strong performance in fiscal year 2026, during which nCino exceeded revenue and profitability guidance across all metrics. For the full fiscal year, the company reported total revenues of $594.8 million, a 10% increase from fiscal 2025, with subscription revenue rising 12% to $523.1 million. Annual Contract Value reached $602.4 million, up 17% year-over-year.

The repurchase program will be funded through a combination of existing cash reserves, credit facility capacity, and future cash flows. To support the initiative, nCino also expanded its credit facility with a $200 million term loan, which will be used to finance the accelerated share repurchase and reduce the balance on its revolving credit facility.

The move underscores nCino’s ongoing commitment to capital allocation strategies that align with shareholder value. The company has previously executed stock repurchase programs, with $75 million remaining under the December 2025 authorization before the new $100 million buyback was announced.