Nutanix Reports First Quarter Fiscal 2026 Financial Results

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Nutanix Reports First Quarter Fiscal 2026 Financial Results

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Publication Date: 2025-11-25 21:01:00

SAN JOSE, Calif., Nov. 25, 2025 (GLOBE NEWSWIRE) — Nutanix, Inc. (NASDAQ: NTNX), a leader in hybrid multicloud computing, today announced financial results for its first quarter ended October 31, 2025.

“We saw solid demand for our cloud platform in our first quarter, with bookings that were slightly ahead of our expectations, ARR growth of 18% year-over-year, another healthy quarter of new logo additions, and solid free cash flow performance,” said Rajiv Ramaswami, President and CEO of Nutanix. “We also continued to make progress with our partners, including announcing expansions to our partnerships with Dell and Microsoft, for our cloud platform to support their PowerStore and Azure Virtual Desktop, respectively.”

“Bookings in our first quarter were slightly higher than expected. However, late in the quarter, we saw some revenue shift from Q1 into future periods. We expect that the revenue over time remains unchanged,” said Rukmini Sivaraman, CFO of Nutanix. “We expect this dynamic to continue and have factored it in our Q2 and updated full-year revenue guidance. We are also pleased to raise our free cash flow guidance for the full year. Underlying demand and our view of business fundamentals for Nutanix remain unchanged.”

First Quarter Fiscal 2026 Financial Summary

 Q1 FY’26Q1 FY’25Y/Y Change
Annual Recurring Revenue (ARR)1$2.28 billion$1.94 billion18%
Average Contract Duration23.1 years3.1 years0.0 year
Revenue$670.6 million$591.0 million13%

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