Nutanix Inc
NASDAQ:NTNX

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Nutanix Inc
NASDAQ:NTNX
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Price: 53.26 USD 2.29% Market Closed
Market Cap: 14.4B USD

Nutanix Inc
Investor Relations

Nutanix Inc. emerged from the ambition to disrupt traditional data center architectures, setting its sights on liberating businesses from the clutches of complexity and inefficiency. Co-founded in 2009 by a visionary team of engineers, Nutanix redefined the landscape with its hyperconverged infrastructure (HCI) solutions. Essentially, the company integrated computing, storage, and networking into a single, scalable software platform, simplifying IT management and enabling rapid deployment of applications. The essence of Nutanix's business lies in its ability to virtualize data center operations, providing clients with a cloud-like experience that is both flexible and efficient. By abstracting away the complexities of traditional hardware, Nutanix enables its customers to run their applications seamlessly across private, public, and hybrid clouds.

The monetization strategy of Nutanix revolves around its subscription-based software licensing model. By offering a suite of enterprise cloud and hyperconvergence solutions on a subscription basis, Nutanix ensures a steady revenue stream while fostering long-term customer relationships. The company also enriches its portfolio with add-on services such as management and automation, analytics, and security, which further enhance the efficiency of customers’ IT environments. By continually innovating and expanding its offerings beyond HCI, Nutanix addresses the burgeoning demand for scalable, cost-effective cloud solutions. This approach not only fuels the company's growth but also ensures its place as a formidable player in the fast-evolving landscape of enterprise IT solutions.

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Last Earnings Call
Fiscal Period
Q1 2026
Call Date
Nov 25, 2025
AI Summary
Q1 2026

Revenue Miss: Q1 revenue reached $671 million, within guidance but would have exceeded the high end if not for later start dates on bookings, shifting revenue into future quarters.

Bookings Solid: Bookings were slightly ahead of expectations, and management emphasized no change in the underlying demand or bookings growth outlook for FY 2026.

Guidance Lowered: Full-year FY 2026 revenue guidance was reduced to $2.82–$2.86 billion due to timing of revenue recognition, not lower demand.

Free Cash Flow Raised: Despite lower revenue guidance, free cash flow guidance for FY 2026 was increased to $800–$840 million.

ARR Growth: Annual recurring revenue (ARR) grew 18% year-over-year to $2.284 billion.

OEM & Migration Impact: Growing business through OEM partners and increased customer flexibility in start dates led to more revenue being delayed, but this is seen as a structural trend, not a demand issue.

No Demand Weakness: Management repeatedly stated there is no evidence of demand weakness or increased competition; delays are strictly timing related.

Key Financials
Revenue
$671 million
Annual Recurring Revenue
$2.284 billion
Free Cash Flow
$175 million
Net Dollar-Based Retention Rate
109%
Non-GAAP Gross Margin
88%
Non-GAAP Operating Margin
19.7%
Non-GAAP Net Income
$121 million
Non-GAAP EPS
$0.41 per share
GAAP Net Income
$2 million
GAAP EPS
$0.21 per share
Cash, Cash Equivalents and Short-term Investments
$2.062 billion
Earnings Call Recording
Other Earnings Calls

Management

Dr. Rajiv Ramaswami Ph.D.
President, CEO & Director
No Bio Available
Ms. Rukmini Sivaraman
Principal Accounting Officer & CFO
No Bio Available
Mr. Brian Michael Martin J.D.
Chief Legal Officer
No Bio Available
Mr. Ajeet Singh
Co-Founder & Advisor
No Bio Available
Ms. Tonya Chin
Vice President of Corporate Communications & IR
No Bio Available
Ms. Mandy Dhaliwal
Chief Marketing Officer
No Bio Available
Ms. Jennifer Lepird
Interim Chief People Officer
No Bio Available
Mr. Matthew Young
Senior VP & Head of Asia Pacific and Japan
No Bio Available
Mr. Dave Gwyn
Senior Vice President of Worldwide Channels & Customer Success
No Bio Available

Contacts

Address
CALIFORNIA
San Jose
1740 Technology Dr Ste 150
Contacts
+14082168360.0
www.nutanix.com