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Publication Date: 2026-02-25 22:30:00
Nutanix Reports Mixed Q2 Results
- Q2 Revenue: $722.83 million, versus estimates of $709.95 million
- Q2 Adjusted EPS: 36 cents, versus estimates of 45 cents
“We saw healthy demand in our second quarter, as reflected in results that exceeded the high end of the range for all of our guided metrics. However, as the quarter progressed, we saw supply chain constraints driving longer server lead times for our customers,” said Rukmini Sivaraman, CFO of Nutanix. “We expect this dynamic to have some impact on the timing of our near-term revenue and free cash flow.”
Nutanix guided for third-quarter revenue of $680 million to $690 million versus estimates of $698.82 million, according to Benzinga Pro. The company also lowered its fiscal 2026 revenue outlook from a range of $2.82 billion to $2.86 billion to a new range of $2.80 billion to $2.84 billion.
AMD Deal Takes Center Stage
AMD will make a strategic investment of $150 million in Nutanix common stock at a purchase price of $36.26 per share. The chipmaker will also fund up to an additional $100 million to support joint engineering initiatives and go-to-market collaborations.
AMD’s equity investment in Nutanix is expected to close in the second quarter of 2026.
“Our partnership with AMD reflects a shared vision for scalable, production-ready AI infrastructure,” said Tarkan Maner, president and chief commercial officer of Nutanix.
Nutanix Shares Soar
NTNX Price Action: Nutanix shares were up 19.67% in…
