Nutanix (NASDAQ:NTNX) Exceeds Q1 CY2026 Expectations

Hybrid multicloud computing company Nutanix (NASDAQ:NTNX) reported Q1 CY2026 results beating Wall Street’s revenue expectations , with sales up 10% year on year to $703.1 million. On the other hand, next quarter’s revenue guidance of $735 million was less impressive, coming in 1.1% below analysts’ estimates. Its non-GAAP profit of $0.47 per share was 34.1% above analysts’ consensus estimates.

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Nutanix (NTNX) Q1 CY2026 Highlights:

• Revenue: $703.1 million vs analyst estimates of $686.3 million (10% year-on-year growth, 2.4% beat)

• Adjusted EPS: $0.47 vs analyst estimates of $0.35 (34.1% beat)

• Adjusted Operating Income: $156.5 million vs analyst estimates of $115.7 million (22.3% margin, 35.2% beat)

• Revenue Guidance for Q2 CY2026 is $735 million at the midpoint, below analyst estimates of $743.5 million

• Operating Margin: 10%, up from 7.6% in the same quarter last year

• Free Cash Flow Margin: 28%, up from 26.5% in the previous quarter

• Annual Recurring Revenue: $2.43 billion vs analyst estimates of $2.42 billion (14.7% year-on-year growth, in line)

• Billings: $812.9 million at quarter end, up 25.3% year on year

• Market Capitalization: $12.54 billion

Company Overview

Originally pioneering hyperconverged infrastructure to…