Nutanix Inc (NTNX) (Q4 2026) Earnings Call Highlights: Record Revenue and Strategic Expansion …

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• Revenue (Q4 FY2026): Record quarterly revenue of $757 million, above the guided range of $725 million to $745 million.

• Revenue (Full Year FY2026): $2.854 billion, up 12% year-over-year.

• Annual Recurring Revenue (ARR): $2.549 billion at end of Q4, up 16% year-over-year.

• Net Revenue Retention (NRR): 106% at end of Q4, flat quarter-over-quarter.

• Non-GAAP Gross Margin (Q4): 87.7%.

• Non-GAAP Gross Margin (FY2026): 88%, relatively flat year-over-year.

• Non-GAAP Operating Margin (Q4): 26.2%, above the guided range of 21% to 23%.

• Non-GAAP Operating Margin (FY2026): 23.7%, up approximately 2.6 percentage points year-over-year.

• Non-GAAP Net Income (Q4): $175 million, or $0.60 per diluted share.

• Non-GAAP Net Income (FY2026): $597 million, or $2.04 per diluted share.

• GAAP Net Income (Q4): $1.27 billion, or $4.34 per diluted share, including a one-time $1.2 billion valuation allowance release.

• GAAP Net Income (FY2026): $1.507 billion, or $5.17 per diluted share, including the nonrecurring tax benefit.

• Free Cash Flow (Q4): $278 million, representing a 37% margin.

• Free Cash Flow (FY2026): $841 million, representing a 29% margin.

• Rule of 40 Score (FY2026): 42%.

• Cash and Investments: $2.361 billion at end of Q4, up from $2.018 billion at end of Q3.

• Average Contract Duration (Q4): 3.3 years.