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Publication Date: 2026-02-26 00:28:00
$Nutanix (NTNX.US)$Second-quarter results exceeded analysts’ expectations, and the company announced a strategic partnership with AMD, which includes a $0.15 billion equity investment.
The hybrid multi-cloud computing company reported adjusted earnings per share of $0.56, $0.12 higher than the analysts’ estimate of $0.44. Revenue reached $722,800,000, surpassing the market’s general expectation of $710,350,000 and increasing 10% from $654,700,000 in the same period last year. The strong performance was primarily driven by stable order volumes and new customers; however, the company also noted that emerging supply chain constraints had impacted server delivery cycles.
Nutanix CEO Rajiv Ramaswami stated, “Our business performance in the second quarter was solid, characterized by strong order volumes, significant growth in new customers, and robust free cash flow. The opportunities we have in artificial intelligence, modern applications, hybrid multi-cloud, and support for external storage have laid a solid foundation for our multi-year growth ahead.”
However, the company’s third-quarter revenue forecast is between 0.68 billion and 0.69 billion, falling short of analysts’ consensus estimate of 698,600,000. The midpoint of 0.685 billion is 13.6 million lower than expected. Nutanix projects fiscal year 2026 revenue to be between 2.8 billion and 2.84 billion, with a midpoint of 2.82 billion slightly below the consensus estimate of 2.84 billion.
Chief Financial Officer…
