Nutanix shares rose 5.1% following better-than-expected uptake of external storage solutions, growth in cloud cluster deployments, and strong new logo wins that offset ongoing hardware supply challenges.
- Revenue for fiscal 2026 reached $2.85 billion, up 12% year-over-year, supported by 16% growth in ARR to $2.55 billion.
- Free cash flow totaled $841 million, resulting in a 29% free cash flow margin.
- Notable strength in external storage offerings and Nutanix Cloud Clusters (NC2) led to significant bookings growth and several seven-figure new logo deals with Global 2000 customers.
- Fleet expansion included over 3,000 new customers across all tiers, highlighted by wins in aerospace, defense, healthcare, and financial services.
- Progress on agentic AI solutions and strategic partnerships with AMD and NVIDIA position Nutanix for growth in hybrid multi-cloud environments.
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