Nutanix Reports Strong Q4 & FY26 Earnings, Outperforming Guidance

Nutanix, Inc. filed an 8-K to announce its financial results for the fourth quarter and fiscal year ended July 31, 2026. The company reported a strong performance, exceeding its previous guidance and showing significant year-over-year growth.

Fourth Quarter FY2026 Financial Highlights:

• Revenue: $757.1 million, a 16% increase from $653.3 million in Q4 FY25.
• Annual Recurring Revenue (ARR): $2.55 billion, up 16% year-over-year.
• GAAP Operating Income: $70.0 million, a substantial increase from $31.2 million in the prior year's quarter.
• Non-GAAP Operating Income: $198.0 million, compared to $119.5 million in Q4 FY25.
• Non-GAAP Operating Margin: 26.2%, a significant improvement from 18.3% in the same quarter last year.
• Free Cash Flow: $277.6 million, up from $207.8 million in Q4 FY25.

Fiscal Year 2026 Highlights:

• Revenue: $2.85 billion, a 12% increase from $2.54 billion in FY25.
• Non-GAAP Operating Income: $675.4 million, up from $536.1 million in FY25.
• Free Cash Flow: $840.7 million for the full year.

Forward-Looking Guidance:

• Q1 FY2027 Outlook: Revenue is projected to be between $755 million and $765 million, with a Non-GAAP Operating Margin of 26% to 28%.
• Full Year FY2027 Outlook: Revenue is expected to be in the range of $3.180 billion to $3.230 billion, with Free Cash Flow between $850 million and $950 million.

The company highlighted progress in partnerships with AMD, Lenovo, NetApp, and NVIDIA, along with innovation in its cloud platform, particularly in AI.