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Nutanix Inc
NASDAQ:NTNX

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Nutanix Inc
NASDAQ:NTNX
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Price: 39.41 USD -0.23% Market Closed
Market Cap: $10.5B

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
Q2 2026
Call Date
Feb 25, 2026
AI Summary
Q2 2026

Revenue Beat: Nutanix reported Q2 revenue of $723 million, above the guided range of $705 million to $715 million.

Strong Bookings: Bookings growth expectations for the year increased, with over 1,000 new customers added in Q2—the highest quarterly new logo additions in 8 years.

AMD Partnership: Nutanix announced a strategic partnership with AMD, including a $150 million equity investment and up to $100 million for joint R&D and go-to-market efforts, aiming to deliver a new AI platform by late 2026.

Supply Chain Headwinds: Acute shortages of CPUs and memory are leading to longer server lead times, delaying revenue and free cash flow recognition but not impacting overall long-term expectations.

Guidance Update: Full-year revenue guidance was lowered to $2.8 billion to $2.84 billion due to supply constraints, but operating margin guidance was maintained at 21% to 22%.

Resilient Margins & Cash Flow: Non-GAAP gross margin was 88.6% and operating margin 26.2% in Q2; free cash flow reached $191 million with a 26% margin.

AI & Hybrid Cloud Momentum: Ongoing traction in AI, modern apps, and hybrid multi-cloud, along with enhanced customer choice, are seen as long-term growth drivers.

Key Financials
Revenue
$723 million
Annual Recurring Revenue (ARR)
$2.356 billion
Net Dollar-Based Retention Rate (NRR)
107%
Non-GAAP Gross Margin
88.6%
Non-GAAP Operating Margin
26.2%
Non-GAAP Net Income
$164 million
EPS
$0.36 per share (GAAP); $0.56 per share (non-GAAP)
Free Cash Flow
$191 million
Free Cash Flow Margin
26% (Q2); 27% (FY26 guidance midpoint)
Cash, Cash Equivalents and Short-term Investments
$1.874 billion
Share Repurchases
$333 million in Q2
New Customer Additions
Over 1,000 in Q2
Average Contract Duration
3.1 years
Remaining Performance Obligations (RPO)
Grew 24% YoY at end of Q2
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
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