Nutanix reported third quarter fiscal 2026 results that surpassed analyst expectations on both revenue and earnings, while also raising its full-year outlook. The company highlighted solid demand and outperformance across all guided metrics, driven by continued growth in its subscription-based model.
Key Highlights
- Annual Recurring Revenue (ARR) grew 15% year-over-year to $2.43 billion, slightly ahead of the $2.42 billion consensus estimate.
- The company raised its full-year fiscal 2026 revenue guidance to a range of $2.82 to $2.84 billion and its free cash flow guidance to $760 to $780 million.
- Third quarter free cash flow remained strong at $197.2 million, though slightly down from $203.4 million in the prior-year period.