nCino, Inc . NCNO released its second-quarter results after Tuesday’s closing bell. Below are the transcripts from the Q2 earnings call. This transcript is brought to you by Benzinga APIs. For real-time access to our entire catalog, please visit https://www.benzinga.com/apis/ for a consultation. NCNO stock is up after hours Tuesday. Watch the momentum here. OPERATOR Good day and thank you for standing by. Good day and thank you for standing by. Welcome to the Ncino Second Quarter Fiscal Year 2026 Financial Results Conference Call. At this time all participants are in a listen only mode. Please be advised that today’s conference is being recorded. After the speaker’s presentation there will be a question and answer session. To ask a question, please press star 11 on your telephone and wait for your name to be announced. To withdraw your question, please press star 11 again. I would now like to hand the conference over to your speaker today. Harrison Masters, Vice President Investor Relations. Harrison Masters (Vice President Investor Relations) Good afternoon and welcome to Ncino’s second quarter fiscal 2026 earnings call. With me on today’s call are Sean Desmond, Ncino’s Chief Executive Officer and. Greg Ornstein, Ncino’s Chief Financial Officer. During the course of this conference call. We will make forward looking statements regarding. Trends, strategies and the anticipated performance of our business. These forward looking statements are based on management’s current views and expectations, entail certain assumptions made as of today’s date, and are subject to various risks and uncertainties described in our SEC filings and other. Publicly available documents, the financial services industry. And global economic conditions. Ncino disclaims any obligation to update or revise any forward looking statements. Further on today’s call we will also discuss certain non GAAP metrics that we. Believe aid in the understanding of our financial results. A reconciliation to comparable generally accepted accounting principles (GAAP) metrics can be found in today’s earnings release which is available on our website and as. An exhibit to the Form 8K furnished.

Sean Desmond (Chief Executive Officer) With the SEC just before this call as well as the earnings presentation on our Investor relations [email protected] with that, I will turn the call over to Sean. Good afternoon and thank you for joining us to discuss Ncino’s second quarter fiscal 2026 results. Before jumping into the details from the quarter, I’d like to remind you of the fundamental challenge we address in Ncino’s mission in the marketplace. Financial institutions around the globe face persistent challenges rooted in legacy and fragmented technology infrastructure that restricts their growth potential and bottom line performance and causes inefficient and frustrating user experiences for both their employees and customers. Ncino alleviates critical pain points inflicted by disparate data sources, legacy technology and manual processes with intelligent automation delivered on a unified scalable platform powered by AI. Ncino stands as the singular cloud native SaaS platform that allows financial institutions of all sizes on a global basis to seamlessly manage lending, onboarding, account opening and portfolio management across all major lines of business. Because we are the system of record for so many of our customers most critical operations. And because our solutions are deployed in over 20 countries across a broad and diverse customer base of banks, credit unions and IMBs of all sizes, we believe we have built a competitive moat that is both wide and deep. Baird Analyst Okay, that’s great. Thank you. Thank you for taking my question. I wanted to focus on the inorganic piece of the business and just get. A sense for how we should think. About the growth rate of Full Circle and Sandbox as they transition into organic. Over the next year or so are those businesses growing? Is the growth rate of those businesses accre tive, neutral or dilutive to the overall growth rate.

Sean Desmond (Chief Executive Officer) Yeah, thanks for the question. Both Full Circle and Sandbox are on track to revenue plan as noted in the prepared remarks. And moreover, I’m excited about the technical work that is progressing there. So they’re in line with our internal expectations. And I would expect as we further Integrate those solutions for instance full circle to have an end to end CLM reality in the EMEA marketplace and we bring some of the sandbox use cases to market beyond some of the initial support of Banking Advisor that they’ll be more accre tive next year but right now they’re on track. I would also just anecdotally add from an integration gateway opportunity point of view the sandbox banking team that we have ingested has become part of the Encino broader team right now now is probably one of the most in demand teams at the company and have injected a great deal of not only integration but as well as AI DNA here. So that’s energized us on a lot of fronts. Got it. And as a follow up and apologies in advance if you noted this already how much of the mortgage book is on a on a volume or platform based pricing model? I know if you. I know recently it was about half but just curious where we stand today and any color around the mix of Bank Credit Union vs. IMBS would be helpful as well. Greg Orenstein Yeah, I think there are two questions in there Chuck. So I think the first part of the question was again about a third of that 21% that’s on platform pricing is mortgage and again that’s where we started this platform pricing transition. So again I think we feel real good about the at bats that we’ve had there and the execution of that. I think the second question was the breakdown between IMBs and depositories. From a logo perspective historically been more weighted to IMBs. From a revenue perspective it’s been more weighted towards IMBs and home builders the non depositories and again a lot of that goes to some of those large customers that we referenced that some of them helped with the overperformance in the second quarter. Analyst Got it. Appreciate all the caller guys. Thank you. Thank you for the questions. OPERATOR Thank you. I would now like to turn the call back over to Sean Desmond for any closing remarks. Sean Desmond (Chief Executive Officer) Yes, thank you. We appreciate the time today. We appreciate the questions. Hope everybody enjoys the long weekend ahead of us as we look forward to speaking again next quarter and run toward the back half of the year. Take care. And you may now disconnect.