By Kayode Omotosho
Publication Date: 2026-06-03 11:11:00
Nutanix’s first-quarter results were well received by the market, with management noting strong customer demand for its hybrid multi-cloud solutions and a healthy increase in revenue. CEO Rajiv Ramaswami attributed increased support to external storage platforms and the continued push for AI and cloud-native workloads as major performance drivers. In particular, the company saw increased adoption among new customers, particularly those seeking flexibility in hardware options amid continued supply chain constraints. Ramaswami said, “Our external storage platform support is simplifying migrations to Nutanix… without requiring significant hardware changes.”
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Nutanix (NTNX) Q1 CY2026 Highlights:
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Revenue: $703.1 million vs. analyst estimates of $686.3 million (10% YoY growth, 2.4% beat)
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Adjusted EPS: $0.47 vs. analyst estimates of $0.35 (34.1% beat)
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Adjusted operation…
