nCino Surges to 186th in Trading Volume with $431 Million Day Despite 19.67% Stock Price Decline

On April 2, 2025, nCino (NCNO) experienced a significant trading volume of $431 million, marking a 363.39% increase from the previous day. This surge placed nCino at the 186th position in terms of trading volume for the day. However, the stock price of nCino declined by 19.67%.

nCino reported its financial results for the fourth quarter and fiscal year 2025, ending January 31, 2025. The company's total revenues for the fourth quarter were $141.4 million, reflecting a 14% increase from $123.7 million in the same period of the previous year. Subscription revenues for the quarter were $125.0 million, up 16% from $107.5 million a year ago.

Despite the revenue growth, nCino reported a GAAP loss from operations of $5.7 million for the fourth quarter, compared to a loss of $3.2 million in the same quarter of the previous year. However, non-GAAP operating income increased by 26% to $24.4 million. The company's GAAP net loss for the quarter was $18.6 million, while non-GAAP net income was $13.9 million, impacted by non-operating foreign currency fluctuations.

For the full fiscal year 2025, nCino's total revenues were $540.7 million, a 13% increase from $476.5 million in the previous year. Subscription revenues for the year were $469.2 million, up 15% from $409.5 million. The company's GAAP loss from operations for the year was $18.1 million, compared to $39.5 million in the previous year. Non-GAAP operating income for the year was $96.2 million, a 56% increase from $61.8 million.

nCino's Board of Directors authorized a Stock Repurchase Program, allowing the company to repurchase up to $100 million of its outstanding common stock. This move reflects the company's confidence in its strategy and commitment to generating shareholder value. Additionally, nCino announced several business highlights, including the appointment of Sean Desmond as President and CEO, the acquisition of Sandbox Banking, and expansions with top U.S. banks.