Nutanix Reports Strong ARR Growth but Provides More Measured Free Cash Flow Guidance for Fiscal 2027
Nutanix (NASDAQ:NTNX) ended fiscal 2026 with a strong fourth quarter, reporting revenue of $757.1 million and annual recurring revenue (ARR) growth of 16% to $2.55 billion. The company exceeded its guidance range for the period as well as analyst expectations. Non-GAAP diluted earnings per share also beat estimates at $0.60 versus a forecast of $0.49. For fiscal 2027, Nutanix provided revenue guidance between $3.18 billion and $3.23 billion with non-GAAP operating margin expected to range from 24% to 25%. Free cash flow is projected at $850 million-$950 million, which implies a more measured growth trajectory compared to the previous year's performance. The company experienced strong free cash generation in fiscal 2026 and added over 3,000 new customers. However, guidance for next year includes restructuring charges that could affect reported figures.
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