NTNX
Nutanix, Inc.48.27
+0.51+1.07%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
FY Q2 '26
Supply details, AMD targets clarified
Q&A drilled into supply chain headwinds, pinpointing CPU shortages over pricing as the main drag on revenue and FCF timing, while options like NC2, external storage, and server choice kept deal sizes intact and migrations humming. AMD partnership details emerged for regulated enterprises chasing sovereign AI at the edge, eyeing first revenue in FY27 H2. RPO bookings hit 24% YoY growth; mid-teens TCV aligned once low-single-digit cancelables factored in. NRR slipped to 107% on Fed renewal delays and supply shifts. Supply delays timing, not demand. VMware opportunity unchanged, multiyear. Investors watch supply normalization for FY27 ramp.
Key Stats
Market Cap
13.05BP/E (TTM)
63.51Basic EPS (TTM)
0.76Dividend Yield
0%Recent Filings
8-K
Bylaws amended for notices
Nutanix amended its bylaws on March 24, 2026, refining stockholder advance notice rules for director nominations and business proposals. Changes clarify board authority at meetings, expand officer indemnification, and add administrative tweaks. Routine governance polish. No business impacts disclosed.
10-Q
Q2 FY2026 results
Nutanix revenue climbed 10% y/y to $722.8M in Q2 FY2026 ended January 31, 2026, with product up 9% to $387.4M and services up 12% to $335.5M; gross margin ticked to 87.4% while operating income rose 29% y/y to $84.1M. Europe, Middle East, Africa drove 28% y/y growth to $232.7M, over 30% of total. Operating cash flow hit $394.2M YTD, yielding $365.9M free cash flow (operating cash minus $28.2M capex); cash plus short-term investments stood at $1.9B against $1.3B convertible notes (0.25% 2027s, 0.50% 2029s) and $500M revolver availability. Share repurchases totaled $383M YTD. DOJ probe into past federal sales hangs over.
8-K
Nutanix Q2 beat, AMD AI pact
Nutanix beat Q2 estimates with $723M revenue, up 10% YoY, $2.36B ARR (+16%), and $191M free cash flow. AMD invests $150M for 4.1M shares at $36.26, plus up to $100M R&D funding for joint AI platform launching late 2026—yet HSR approval pending. Cash bolsters balance sheet. Supply chains snag revenue timing.
8-K
Maner named President
Nutanix appointed Tarkan Maner as President and Chief Commercial Officer effective December 18, 2025, expanding his role to oversee sales, marketing, and customer experience alongside his current duties. The 56-year-old veteran, with prior CEO stints at Nexenta and Wyse, brings deep enterprise leadership. Compensation unchanged. No family ties or conflicts disclosed.
8-K
Nutanix launches $300M ASR
Nutanix entered a $300 million accelerated share repurchase agreement with Bank of America on December 16, 2025, funding it from cash on hand under its existing authorization. It paid upfront on December 17 for ~4.97 million initial shares, with final settlement by end-January 2026 based on VWAP less discount. Shares repurchased this fiscal year will then total ~$382.5 million. Stock price swings the final tally.
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