Nutanix Q4 revenue beats on ARR growth, customer additions
NTNX•Outlook
- Nutanix sees Q1 revenue of $755 mln to $765 mln
- Company expects fiscal 2027 revenue of $3.18 bln to $3.23 bln
- Nutanix projects fiscal 2027 free cash flow of $850 mln to $950 mln
Overview
- Hybrid cloud software firm's fiscal Q4 revenue rose 16% yr/yr, beating analyst expectations
- Adjusted operating income for fiscal Q4 beat analyst expectations
- Company reported 16% yr/yr growth in annual recurring revenue and strong free cash flow
Result Drivers
- ARR and customer growth - 16% yr/yr ARR growth and over 3,000 new customers contributed to Q4 and FY26 results
- Partnerships and innovation - New or enhanced agreements with AMD, Lenovo, NetApp, NVIDIA and AI/cloud platform innovation supported results, according to management
- Operating leverage - Operating expenses grew slower than revenue, supporting improved operating margins
Key details and analyst coverage
| Metric | Beat/Miss |
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