By Zacks Equity Research
Publication Date: 2026-05-28 17:37:00
Nutanix, Inc..NTNX posted third-quarter fiscal 2026 non-GAAP earnings of 47 cents per share, surpassing the Zacks Consensus Estimate by 34.29% and improving 11.9% year over year.
Revenue increased 10% year over year to $703.1 million, beating the consensus mark by 2.53%.
Average contract length increased to 3.4 years from 3.1 years in the prior-year quarter. A longer contract duration can help improve revenue visibility for a subscription-heavy model, while reflecting customers’ willingness to commit to longer-term platform deployments.
NTNX Key Details for Q3
Product revenue (51.9% of total revenue) increased 5.6% year over year to $364.9 million. Revenue from support, maintenance and other services (48.1% of total revenue) increased 15.2% to $338.1 million.
Nutanix Price, Consensus and EPS Surprise
Nutanix price-consensus-eps-surprise-chart | Nutanix quote
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