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Publication Date: 2025-08-29 07:00:00
Cloud software vendor Nutanix reported that the Trump administration’s so-called Department of Government Efficiency (DOGE) hampered its ability to conduct business with the U.S. federal government.
In striking comments made during the vendor’s fourth-fiscal quarter earnings call, Nutanix CFO Rukmini Sivaraman said that personnel changes and additional reviews within the federal government resulted in “longer deal cycles and some increased variability.”
DOGE, which was set up by Elon Musk before his unceremonious departure from the Trump administration, was effectively a campaign that sought to slash government spending, with federal contracts and research projects ripped up alongside mass layoffs.
Sivaraman told investors that Nutanix has seen the federal government’s efficiency push create unexpected friction in what was previously a reliable revenue stream.
“We don’t report U.S. federal as a percent of our business, but we have said previously that over the last few fiscal years, [federal] has been … 10% or less of our annual revenue with seasonal strength in the fiscal Q1, which of course is [federal’s] fiscal year end,” Sivaraman said.
The 10% figure Sivaraman disclosed represented roughly $250 million of the $2.54 billion in revenue Nutanix reported for fiscal 2025.
While DOGE appears to be in an indeterminate position following Musk’s departure, the CFO told investors that Nutanix has factored in all of this and some of the overall uncertainty into its Q1…