Nutanix: Fiscal 1Q26 Financial Results

Nutanix, Inc., a player in hybrid multicloud computing, today announced financial results for its first quarter ended October 31, 2025.“We saw solid demand for our cloud platform in our first quarter, with bookings that were slightly ahead of our expectations, ARR growth of 18% year-over-year, another healthy quarter of new logo additions, and solid free cash flow performance,” said Rajiv Ramaswami, President and CEO, Nutanix. “We also continued to make progress with our partners, including announcing expansions to our partnerships with Dell and Microsoft, for our cloud platform to support their PowerStore and Azure Virtual Desktop, respectively.”

“Bookings in our first quarter were slightly higher than expected. However, late in the quarter, we saw some revenue shift from Q1 into future periods. We expect that the revenue over time remains unchanged,” said Rukmini Sivaraman, CFO of Nutanix. “We expect this dynamic to continue and have factored it in our Q2 and updated full-year revenue guidance. We are also pleased to raise our free cash flow guidance for the full year. Underlying demand and our view of business fundamentals for Nutanix remain unchanged.”

First Quarter Fiscal 2026 Financial Summary

Click to enlarge

Reconciliations between GAAP and non-GAAP financial measures and key performance measures, to the extent available, are provided in the tables of this press release.

Recent Company Highlights

• Nutanix is Named a Leader in 2025 Gartner Magic Quadrant for Distributed Hybrid Infrastructure: Nutanix announced its recognition as a Leader in the 2025 Gartner® Magic Quadrant for Distributed Hybrid Infrastructure
• Nutanix Announces Support for Dell PowerStore: Nutanix announced that its Nutanix Cloud Platform solution will soon support Dell PowerStore, with general availability coming in summer 2026
• Nutanix Expands Microsoft Azure Virtual Desktop Flexibility Across Hybrid Cloud: Nutanix announced that its Nutanix Cloud Platform solution will support Microsoft Azure Virtual Desktop for hybrid environments, enabling organizations to run Azure Virtual Desktop on premises on the Nutanix AHV hypervisor, and offering a new level of flexibility in how virtual desktops are deployed and managed. The Nutanix Cloud Platform’s support for Azure Virtual Desktop is currently under development
• Nutanix Welcomes Greg Lavender to Board of Directors: Nutanix announced that it added Greg Lavender, industry veteran and former CTO at Intel, to its board of directors, effective September 17, 2025

Second Quarter Fiscal 2026 Outlook & Fiscal 2026 Outlook

Click to enlarge