Nutanix (NTNX) Company Report

Nutanix maintains a strong customer Net Promoter Score (NPS) consistently above 90 for over a decade and is nearing $3 billion in revenue.
The company has strategically expanded its platform to support external storage solutions from partners like Dell PowerFlex and Pure Storage, a move influenced by Broadcom's acquisition of VMware to address customer demand and accelerate market entry.
Fiscal Q1 revenue performance was impacted by an increase in orders with future start dates, leading to a reduced full-year guidance due to delayed license provisioning and revenue recognition, despite these being non-cancelable bookings often paid upfront.
Nutanix is actively developing enterprise AI solutions, including GPT-in-a-Box (Nutanix Enterprise AI), which automates the process for companies to build and run cloud-native AI applications, though adoption is still in early stages.
The company is executing on its capital allocation strategy, which includes a share buyback program (with an Accelerated Share Repurchase in December) and a continued focus on tuck-in acquisitions to enhance its product roadmap.

Jan 16, 2026, 4:00 PM

Transcript

Nutanix Discusses Strategic Shifts, Revenue Timing, and Capital Allocation

NTNX

Guidance Update

Share Buyback

New Projects/Investments

Nutanix (NTNX) is an infrastructure software company that pioneered hyper-converged infrastructure (HCI) and has expanded its portfolio to run on-premises, public cloud bare metal, and edge locations, supporting various application types.
A significant strategic decision was made to support external storage (e.g., Dell PowerFlex, Pure Storage) to provide alternatives for customers impacted by the Broadcom acquisition of VMware, aiming to gain earlier entry into customer accounts.
In fiscal Q1, bookings were above expectations, but revenue was impacted by an increase in orders with future start dates, delaying license provisioning and leading to a reduction in the full-year guide. This dynamic is expected to continue.
Nutanix executed an Accelerated Share Repurchase (ASR) in December due to stock price dislocation and its robust balance sheet, as part of its capital allocation strategy which also includes continued share buybacks and potential tuck-in acquisitions.

Jan 16, 2026, 4:00 PM

Transcript

Nutanix Updates Revenue Guidance and Strategic Response to VMware Acquisition

NTNX

Guidance Update

M&A

New Projects/Investments

Nutanix, an infrastructure software company with over $2.5 billion in revenue and a consistently high 90-plus Net Promoter Score, is expanding its portfolio to run applications anywhere, including public cloud bare metal and the edge.
The company reduced its full-year revenue guidance due to an increase in deals with future start dates for license provisioning and anticipated growth from OEM partners, both of which delay revenue recognition.
In response to Broadcom's acquisition of VMware, Nutanix made a strategic decision to support external storage (e.g., Dell PowerFlex, Pure Storage) to address increased customer demand for migration alternatives.
Nutanix maintains a robust balance sheet, executed an Accelerated Share Repurchase (ASR) in December, and continues its share buyback program, while also pursuing tuck-in acquisitions to accelerate its roadmap.

Jan 16, 2026, 4:00 PM

Transcript

Nutanix Faces Fraud Investigation

NTNX

Legal Proceedings

Guidance Update

Demand Weakening

The Schall Law Firm is investigating Nutanix, Inc. for potential violations of securities laws, specifically concerning whether the Company issued false or misleading statements or failed to disclose pertinent information to investors.
This investigation follows Nutanix's Q1 2026 financial results, reported on November 25, 2025, where the company's revenue was near the bottom of its prior guidance.
Nutanix attributed the Q1 2026 revenue performance to a "revenue shift from Q1 to future periods" and customer demand for flexible start dates, leading the company to lower its full-year revenue projection.
Following this announcement, Nutanix's shares fell by 17.8% on the next day.

Jan 13, 2026, 1:18 AM

Press Release

Nutanix Announces $300 Million Accelerated Share Repurchase

NTNX

Share Buyback

Nutanix, Inc. entered into a $300 million accelerated share repurchase (ASR) agreement with Bank of America, N.A. on December 16, 2025.
The ASR will be funded with existing cash on hand and is in addition to $82.5 million already repurchased in the current fiscal year 2026.
Nutanix expects to receive an initial delivery of approximately 4,972,032 shares on December 17, 2025, with final settlement anticipated before the end of January 2026.
Upon completion of the ASR, the company expects to have repurchased approximately $382.5 million of its common stock since the beginning of fiscal year 2026.

Dec 17, 2025, 2:06 PM

8-K

Nutanix Stockholders Approve Amended Equity Incentive Plan

NTNX

Executive Compensation

Proxy Vote Outcomes

Nutanix, Inc. stockholders approved the amendment and restatement of the Company's 2016 Equity Incentive Plan on December 12, 2025.
The Restated Plan establishes a new fixed maximum aggregate share reserve of 19,500,000 shares, representing a reduction from the 46,736,519 shares available under the plan as of October 14, 2025.
Key changes include the elimination of the annual evergreen feature that automatically increased the share reserve each year, and the incorporation of additional governance enhancements such as no liberal share recycling, no dividends or dividend equivalents on unvested awards, and no repricing or exchange without stockholder approval.
Stockholders voted 162,639,231 "For" and 50,040,183 "Against" the approval of the amended plan.

Dec 15, 2025, 9:04 PM

8-K

Nutanix Discusses Q1 Dynamics, Strategic Growth, and Financial Outlook

NTNX

Guidance Update

New Projects/Investments

Revenue Acceleration/Inflection

Nutanix reported October quarter bookings slightly ahead of expectations, but revenue came in at the low end of guidance due to customers seeking more flexibility in license start dates for migrations, shifting revenue to future periods. Remaining Performance Obligations (RPO) grew 26% year-over-year, and implied Total Contract Value (TCV) bookings growth was in the mid-teens % when accounting for cancelable backlog.
The company maintained its 21%-22% operating margin target for fiscal year 2026, despite a revenue adjustment, attributing this to aligned commission expenses, higher expected partner payments, and ongoing efficiency initiatives.
Nutanix is actively pursuing VMware displacement, having added 640 new customers last quarter and 2,700 in the prior year, including over 50 Global 2000s, by offering simpler migration options and broader hardware support.
Strategic growth areas include a turnkey AI infrastructure stack for hybrid cloud environments and expanding OEM and public cloud partnerships (e.g., Cisco, AWS, Google) to broaden its market reach beyond traditional HCI.

Dec 11, 2025, 7:35 PM

Transcript

Nutanix Discusses Q1 Dynamics, Growth Drivers, and FY26 Operating Margin Outlook

NTNX

Guidance Update

Revenue Acceleration/Inflection

New Projects/Investments

For the October quarter, Nutanix saw bookings come in slightly ahead of expectations, but revenue was at the low end of its guided range due to increased customer demand for flexible license start dates, which shifted revenue recognition to future periods.
Remaining Performance Obligations (RPO) increased by 26% year-over-year, and Current RPO (CRPO) was up 17% year-over-year for the October quarter. When factoring in cancelable backlog, the implied Total Contract Value (TCV) bookings growth year-over-year would have been in the mid-teens%.
The company maintained its fiscal year 2026 operating margin target of 21%-22%, despite revenue adjustments, attributing this to lower OpEx from commission timing shifts and higher contra-expense payments from partners, alongside ongoing efficiency efforts.
Nutanix continues to see strong momentum in VMware displacement, adding approximately 640 new customers in the last quarter and 2,700 in the prior year, including over 50 Global 2000s. Strategic partnerships with public cloud providers (AWS, Microsoft, Google) and OEMs (Cisco, Dell, Lenovo) are expanding market reach and facilitating migrations.

Dec 11, 2025, 7:35 PM

Transcript

Nutanix Management Discusses Q1 Performance, Strategic Growth, and Financial Outlook

NTNX

Guidance Update

Revenue Acceleration/Inflection

New Projects/Investments

Nutanix reported October quarter bookings slightly ahead of expectations, though revenue was at the low end of guidance due to a shift of orders with future start dates, delaying revenue recognition.
Remaining Performance Obligations (RPO) grew 26% year-over-year, and Current RPO (CRPO) increased 17% year-over-year in the October quarter. When factoring in cancelable backlog, implied TCV bookings growth year-over-year was in the mid-teens%.
The company maintained its full-year non-GAAP operating margin target of 21%-22%, attributing this to commission expense timing and increased contra-expense payments from partners.
Nutanix is actively displacing VMware, having added 640 new customers last quarter and 2,700 customers in the prior year, including over 50 Global 2000s. Strategic partnerships with OEMs and public cloud providers like AWS are expanding market access.
Nutanix views AI as a significant hybrid cloud opportunity, offering a turnkey AI infrastructure stack for inferencing and multi-agent applications with predictable costs and security, leveraging their Kubernetes platform.

Dec 11, 2025, 7:35 PM

Transcript

Nutanix Reports Q1 FY26 Results and Updates Full-Year Guidance

NTNX

Earnings

Guidance Update

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

Earnings Transcripts

Quarterly earnings call transcripts for Nutanix.

Q1 2026

Nov 25, 2025

→

Q4 2025

Aug 27, 2025

→

Q3 2025

May 28, 2025

→

View All Transcripts

Ask Fintool AI Agent

Get instant answers from SEC filings, earnings calls & more

What did Rajiv Ramaswami say about margins?What are Nutanix's strategic priorities?How is Nutanix positioned vs competitors?How did Nutanix do last quarter?

Nutanix (NTNX)

Analyst Earnings Quarterly Reports

Q4 2025

Q3 2025

Q2 2025

Q1 2025

Executives

Rajiv Ramaswami

Brian Martin

Rukmini Sivaraman

Board Members

Craig Conway

Eric Brandt

Gayle Sheppard

Greg Lavender

Mark Templeton

Max de Groen

Steven Gomo

Virginia Gambale

Analyst Coverage

Jason Ader

Ruplu Bhattacharya

James Fish

Meta Marshall

Nehal Chokshi

Benjamin Bollin

Michael Cikos

Mike Cikos

Pinjalim Bora

Ben Bollin

Jim Fish

Matthew Martino

Param Singh

Samik Chatterjee

Simran Deswal

Aaron Rakers

Dong Wang

George Wang

Jacob Wilhelm

Joseph Hickey

Matthew Hedberg

Mehdi Hosseini

Paramveer Singh

Simon Leopold

Simran B

Victor Chiu

W. Chiu

Latest news

Earnings Transcripts

Q1 2026

Q4 2025

Q3 2025

Ask Fintool AI Agent