Nutanix (NTNX) Company Report

Nutanix reported Q1 fiscal year 2026 revenue of $671 million, which was within its guided range, and Annual Recurring Revenue (ARR) grew 18% year-over-year to $2.284 billion.
Despite bookings being slightly ahead of expectations, revenue recognition was impacted by a larger-than-expected proportion of land and expand bookings with future start dates, causing some revenue to shift from Q1 into future periods.
For fiscal year 2026, Nutanix updated its revenue guidance to $2.82-$2.86 billion, representing 12% year-over-year growth at the midpoint, but increased its free cash flow guidance to $800-$840 million.
The company's full-year bookings growth expectations remain unchanged, and the revenue deferral is considered a timing issue that does not alter the total revenue expected to be recognized over time.

Nov 25, 2025, 9:30 PM

Transcript

Nutanix Reports Q1 2026 Results and Updates FY26 Guidance

NTNX

Earnings

Guidance Update

Nutanix reported Q1 2026 revenue of $671 million, which was within its guided range, and its ARR grew 18% year-over-year to $2.28 billion.
The company updated its fiscal year 2026 revenue guidance to $2.82-$2.86 billion, a reduction from prior expectations, primarily due to a larger-than-expected proportion of bookings with future start dates and a growing share of business through third-party OEM partners.
Despite the revised revenue outlook, Nutanix increased its free cash flow guidance for FY26 to $800-$840 million and maintained its non-GAAP operating margin guidance at 21%-22%.
Management emphasized that the shift in revenue is a timing issue, with bookings growth expectations for the full year remaining unchanged and the total amount of revenue expected to be recognized over time also unchanged.
For Q2 2026, revenue is guided to be $705-$715 million with a non-GAAP operating margin of 20.5%-21.5%.

Nov 25, 2025, 9:30 PM

Transcript

Nutanix Reports Strong Q1 FY2026 Results and Updates Full-Year Guidance

NTNX

Earnings

Guidance Update

New Projects/Investments

Nutanix (NTNX) reported Q1 FY2026 revenue of $670.6 million, a 13% year-over-year increase, and Annual Recurring Revenue (ARR) of $2.284 billion, up 18% year-over-year.
Free Cash Flow for Q1 FY2026 was $174.5 million, an increase of 15% year-over-year, and the total customer count grew 10% year-over-year to 29,930.
The company announced expanded support for Dell PowerStore and Microsoft Azure Virtual Desktop for hybrid environments, with general availability for Dell PowerStore expected in summer 2026.
For FY2026, Nutanix updated its guidance, expecting revenue between $2.82 billion and $2.86 billion and raising its Free Cash Flow guidance to $800 million to $840 million. Management noted a shift in revenue recognition from FY26 to future periods due to increased customer demand for license flexibility and growing business through OEM partners.

Nov 25, 2025, 9:30 PM

Presentation

Nutanix Reports Q1 2026 Results, Updates FY26 Guidance

NTNX

Earnings

Guidance Update

Nutanix delivered Q1 2026 revenue of $671 million and grew its ARR 18% year-over-year to $2.284 billion.
The company updated its fiscal year 2026 revenue guidance to $2.82 billion-$2.86 billion, a reduction from prior expectations, primarily due to a larger-than-expected proportion of land and expand bookings with future start dates and a growing mix of business through third-party OEM partners.
Despite the lower revenue guidance, Nutanix increased its fiscal year 2026 free cash flow guidance to $800 million-$840 million and maintained its non-GAAP operating margin guidance of 21%-22%.
Management emphasized that the shift in revenue is a timing issue and does not impact the underlying business fundamentals, bookings growth expectations for the year, or the total amount of revenue expected to be recognized over time.

Nov 25, 2025, 9:30 PM

Transcript

Nutanix Announces Q1 Fiscal 2026 Results and Raises Full-Year Free Cash Flow Guidance

NTNX

Earnings

Guidance Update

Accounting Changes

Nutanix reported Q1 Fiscal 2026 financial results, with Annual Recurring Revenue (ARR) increasing 18% year-over-year to $2.28 billion and revenue growing 13% year-over-year to $670.6 million.
The company generated $174.5 million in Free Cash Flow for Q1 FY26.
Management noted that bookings were slightly ahead of expectations, but some revenue shifted from Q1 into future periods, a dynamic factored into updated guidance, while underlying demand remains unchanged.
Nutanix raised its full-year fiscal 2026 free cash flow guidance to a range of $800 million to $840 million and provided Q2 Fiscal 2026 revenue guidance of $705 million to $715 million.

Nov 25, 2025, 9:01 PM

8-K

Aviso Launches Halo and Autonomous AI Avatars

NTNX

Product Launch

New Projects/Investments

Revenue Acceleration/Inflection

Aviso has launched Halo, an AI single pane of glass for revenue, and Autonomous AI Avatars, which are role-specific super-intelligent agents designed to handle the entire revenue lifecycle.
These new offerings aim to boost team productivity and provide a cost advantage by consolidating tech stacks and replacing multiple point solutions.
The platform leverages a superior "AI Brain" that analyzes revenue signals using a combination of Large Quantitative Models and Large Language Models.
Customers using Aviso's unified and agentic platform are cutting sales stack costs by over 40%.

Oct 13, 2025, 1:20 PM

Press Release

Nutanix Increases Share Repurchase Authorization

NTNX

Share Buyback

Nutanix has increased its common stock share repurchase program by $350 million.
This increase brings the total share repurchase authorization to $461 million, which includes approximately $111 million remaining under the prior authorization as of July 31, 2025.
Rukmini Sivaraman, CFO of Nutanix, stated that this increase is consistent with investing for profitable growth and delivering strong returns for shareholders, reflecting confidence in the company's long-term market opportunity and financial outlook. The authorization has no expiration date and may be modified, suspended, or discontinued at any time.

Aug 27, 2025, 8:02 PM

Press Release

Nutanix Announces Strategic Collaboration with Finanz Informatik

NTNX

New Projects/Investments

Nutanix has signed a long-term contract for a strategic collaboration with Finanz Informatik (FI), a central IT service provider for Germany's Savings Banks Finance Group.
FI, which serves approximately 50 million customers and generated revenues of around €2.6 billion in 2024, will migrate its Windows and Linux workloads to the Nutanix platform over the next two years.
This project is considered one of Nutanix's most significant customer deals in Germany.

Aug 27, 2025, 8:02 PM

Press Release

Nutanix Reports Strong Q4 and Fiscal 2025 Results, Increases Share Repurchase Authorization, and Provides FY26 Outlook

NTNX

Earnings

Share Buyback

Guidance Update

Nutanix reported strong fiscal year 2025 financial results, with revenue growing 18% year-over-year to $2.54 billion and free cash flow reaching $750.2 million.
The company's Board of Directors authorized an increase of $350 million to its share repurchase program, bringing the total authorization to $461 million as of July 31, 2025.
For fiscal year 2026, Nutanix provided an outlook of revenue between $2.90 billion and $2.94 billion, non-GAAP operating margin of 21% to 22%, and free cash flow between $790 million and $830 million.

Aug 27, 2025, 12:00 AM

8-K

Earnings Transcripts

Quarterly earnings call transcripts for Nutanix.

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