Nutanix Q4 revenue beats on ARR growth, customer additions

Nutanix

26/08/2026 21:12

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

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

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

Company press release: ID:nGNX5ZswW4

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Beat
$757.10 mln
$738.26 mln (14 Analysts)
Q4 EPS
 
$4.34
 
Q4 Gross Margin
 
86.00%
 
Q4 Adjusted Operating Income
Beat
$198 mln
$164.47 mln (14 Analysts)
Q4 Adjusted Gross Margin
 
87.70%
 
Q4 Adjusted Operating Margin
 
26.20%
 
Q4 Annual Recurring Revenue
 
$2.55 bln
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "strong buy" or "buy", 9 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the it services & consulting peer group is "buy"
Wall Street's median 12-month price target for Nutanix, Inc. is $60.00, about 9.7% below its August 25 closing price of $66.44
The stock recently traded at 30 times the next 12-month earnings vs. a P/E of 20 three months ago

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)