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Publication Date: 2025-08-28 07:00:00
Nutanix (NTNX) stock fell after the company delivered fiscal fourth-quarter earnings and revenue that topped consensus estimates while the company’s fiscal 2026 sales guidance edged by Wall Street targets. Also, a key financial metric missed views.
Reported after the market close on Wednesday, Nutanix earnings for the quarter ended July were 37 cents a share on an adjusted basis, up 36% from a year earlier, versus consensus estimates for a 33-cent profit.
The maker of cloud-computing network management software said revenue rose 19% to $653.3 million, topping views for $642.5 million in sales.
In fiscal Q4, annual recurring revenue from subscription services rose 17% to $2.2 billion, slightly missing views. Wall Street analysts had projected ARR of $2.241 billion.
Nutanix Stock: Partnerships Key
For fiscal 2026, Nutanix forecast revenue in a range of $2.90 billion to $2.94 billion versus estimates of $2.91 billion.
Strategic partnerships with Dell (DELL), Pure Storage (PSTG), and Cisco Systems (CSCO) helped boost Q2 results, said Mehdi Hosseini, a Susquehanna analyst, in a report.
“However, new logo (customer) growth is beginning to decelerate, suggesting some saturation or longer sales cycles in certain segments,” said Hosseini. “Annual recurring revenue grew 16.5% year-over-year, matching consensus but marking the third consecutive quarter of deceleration due to increasingly tough comparisons.”
He added: “Despite this, we remain confident in Nutanix’s ability to…
