nCino achieved GAAP net income of $5.2 million for fiscal year ended January 31, 2026, a significant improvement from net losses of $(37.9) million in fiscal 2025 and $(42.3) million in fiscal 2024. Total revenues grew to $594.8 million in fiscal 2026, up from $540.7 million in fiscal 2025, representing a 10.0% year-over-year increase. Subscription revenues, which constitute 88.0% of total revenues, increased by 11.5% to $523.1 million in fiscal 2026 from $469.2 million in fiscal 2025. The company's ACV net retention rate improved to 112% in fiscal 2026, up from 106% in fiscal 2025, indicating successful expansion within existing customer accounts, including nCino's AI capabilities. nCino completed the acquisition of Sandbox Banking for $62.9 million in February 2025, enhancing data connectivity and integration capabilities. A workforce reduction of approximately 7% and office space reductions were implemented in May 2025, incurring $10.1 million in restructuring charges. The company completed a $100.0 million stock repurchase program in Q3 fiscal 2026 and authorized another $100.0 million program in December 2025, with $75.0 million remaining as of January 31, 2026. Research and development expenses were $127.5 million, or 21.4% of total revenues, in fiscal 2026, reflecting continued investment in product functionality and AI. Net cash provided by operating activities significantly increased to $90.1 million in fiscal 2026, compared to $55.2 million in fiscal 2025. The agreement with Salesforce, on which fundamental elements of the nCino Platform are built, was extended to January 31, 2031.