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Publication Date: 2026-08-26 23:04:00
Key Points
Nutanix exceeded its fiscal fourth-quarter guidance, reporting record revenue of $757 million, 16% year-over-year ARR growth to $2.549 billion, and a 26.2% non-GAAP operating margin. Fiscal 2026 free cash flow reached $841 million, with a 29% margin.
Management highlighted strong demand for external storage integrations and Nutanix Cloud Clusters, which help customers manage hardware shortages and pricing pressures. Dell, Pure Storage and NetApp partnerships, along with cloud, database and AI offerings, are expected to drive fiscal 2027 growth.
Nutanix projected fiscal 2027 revenue of $3.18 billion to $3.23 billion, while cautioning that server supply constraints and elevated hardware prices could delay customer projects. The company also plans to reinvest savings from a restructuring affecting about 5% of its workforce into AI, cloud-native products and other growth initiatives.
Nutanix (NASDAQ:NTNX) reported fourth-quarter fiscal 2026 results above its guided ranges, citing broad-based demand for its hybrid multicloud platform, external storage support, public-cloud offering and portfolio products despite continued server supply constraints.
Fourth-quarter revenue reached a record $757 million, exceeding the company’s guidance of $725 million to $745 million. Annual recurring revenue, or ARR, totaled $2.549 billion at quarter-end,…
