Nutanix Reports Q4 Fiscal 2026 Earnings with Strong Revenue Growth
Nutanix (NTNX) reported fiscal fourth-quarter revenue of $757.1 million, a 16% increase year-over-year. The company exceeded its non-GAAP operating margin guidance at 26.2%, driven by higher-than-expected revenue and efficient hiring practices. Annual Recurring Revenue reached $2.55 billion for the fiscal year, also up 16%. Free cash flow totaled $840.7 million with a strong free cash flow margin of 29%. The company announced plans to restructure its workforce by reducing it globally by 5%, aiming to redirect resources toward high-growth areas like agentic AI and cloud-native solutions. Nutanix also provided guidance for fiscal 2027, projecting revenue between $3.18 billion and $3.23 billion with a non-GAAP operating margin of 24% to 25%. CFO Rukmini Sivaraman noted ongoing server supply chain challenges could impact customer project timelines in the coming year. Nutanix ended fiscal 2026 with strong financial performance despite macroeconomic and supply chain headwinds. The company's cash reserves increased, and it continued to repurchase shares throughout the year.
Tickers: $NTNX
Topics: free_cash_flow guidance revenue