Track market-moving stories before they get noisy

Cloud and enterprise software company Nutanix (NTNX -0.16%) probably doesn't want the summer to end, given how well its stock did in August. Boosted by the estimates-trouncing fiscal fourth-quarter and full-year report it posted toward the end of the month and a subsequent wave of analyst price targets, its shares exited August with a more than 16% gain.

A fabulous final frame The month didn't exactly start on a high note for Nutanix. Four days into it, the company divulged in a regulatory filing that it aimed to reduce its workforce by roughly 5%. Stating that this decision was reached after a review of its business structure, Nutanix said the move will cost it roughly $33 million to $43 million. The reductions should be complete by the end of October.

Image source: Getty Images.

The company had better news to impart with that earnings report. The final frame of its 2026 fiscal year saw it book just over $757 million in revenue, up 16% year over year. Annual recurring revenue at the end of the quarter and year was also 16% higher, at $2.55 billion.

Net income not under generally accepted accounting principles (non-GAAP, or adjusted) was more than $175 million, or $0.60 per diluted share. That was a robust 61% higher than the fourth quarter of fiscal 2025 result.

It was also far above the consensus analyst estimate of $0.49. The same could be said for the company's revenue that quarter, which well exceeded the average pundit expectation of slightly more than $738 million.

In its earnings release, Nutanix quoted CEO Rajiv Ramaswami as saying the quarter "was a strong finish to fiscal 2026, a year in which we delivered solid top and bottom line performance and added over 3,000 new customers."

Management clearly doesn't believe that will be the last time the company will outperform.

It proffered strong guidance for both revenue and free cash flow (FCF) for the entirety of fiscal 2027. The top-line is forecast at $3.18 billion to $3.23 billion, while the outlook for FCF is $850 million to $950 million.

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A bunch of bulls For obvious reasons, investors liked what they heard about the quarter and reacted by driving Nutanix's stock higher in the days that followed. Some were probably influenced by the series of analyst price target raises immediately following earnings. The raisers included pundits from top financial companies Bank of America, Morgan Stanley, and Wells Fargo.

I'd be inclined to agree with those prognosticators and the bullish investors buying in at the end of the month. Nutanix continues to have a compelling business proposition with its "hyperconverged infrastructure," which bundles advanced compute, networking, and storage on a single platform. I think this stock has quite a high ceiling these days.

Wells Fargo is an advertising partner of Motley Fool Money. Bank of America is an advertising partner of Motley Fool Money. Eric Volkman has no position in any of the stocks mentioned. The Motley Fool recommends Nutanix. The Motley Fool has a disclosure policy.

Investors with an interest in Computers - IT Services stocks have likely encountered both ExlService Holdings (EXLS) and Nutanix (NTNX). But which of these two stocks is more attractive to value investors?

Reports 16% YoY ARR Growth and Strong Free Cash Flow for Fiscal 2026

Delivers Outperformance Across All Fourth Quarter Guided Metrics

SAN JOSE, Calif., Aug. 26, 2026 (GLOBE NEWSWIRE) -- Nutanix, Inc. (NASDAQ: NTNX), a hybrid cloud leader and AI innovator, today announced financial results for its fourth quarter and fiscal year ended July 31, 2026.

“Our fourth quarter was a strong finish to fiscal 2026, a year in which we delivered solid top and bottom line performance and added over 3,000 new customers,” said Rajiv Ramaswami, CEO of Nutanix. “In FY26, we made good progress with respect to partnerships, signing new or enhanced agreements with AMD, Lenovo, NetApp and NVIDIA. We also delivered innovation across our cloud platform, especially with respect to AI and broadening our support for external storage.”

“Our fiscal 2026 results demonstrated a good balance of top and bottom line performance with 16% year-over-year ARR growth and strong free cash flow generation,” said Rukmini Sivaraman, CFO of Nutanix. “We remain focused on delivering sustainable growth and improving profitability.”

Fourth Quarter Fiscal 2026 Financial Summary

 Q4 FY’26Q4 FY’25Y/Y ChangeAnnual Recurring Revenue (ARR)1$2.55 billion$2.20 billion16%
Average Contract Duration23.3 years3.2 years0.1 yearsRevenue$757.1 million$653.3 million16%GAAP Gross Margin86.0%
87.2%(120) bpsNon-GAAP Gross Margin87.7%
88.3%(60) bpsGAAP Operating Expenses$581.4 million$538.2 million8%Non-GAAP Operating Expenses$465.6 million$457.2 million2%GAAP Operating Income$70.0 million$31.2 million$38.8 millionNon-GAAP Operating Income$198.0 million$119.5 million$78.5 millionGAAP Operating Margin9.2%
4.8%440 bpsNon-GAAP Operating Margin26.2%
18.3%790 bpsNet Cash Provided by Operating Activities$315.0 million$219.5 million$95.5 millionFree Cash Flow$277.6 million$207.8 million$69.8 million Fiscal 2026 Financial Summary

 FY’26FY’25Y/Y ChangeAnnual Recurring Revenue (ARR)1$2.55 billion$2.20 billion16%Average Contract Duration23.2 years3.1 years0.1 yearsRevenue$2.85 billion$2.54 billion12%GAAP Gross Margin86.8%86.8%0 bpsNon-GAAP Gross Margin88.0%88.1%(10) bpsGAAP Operating Expenses$2.20 billion$2.03 billion8%Non-GAAP Operating Expenses$1.84 billion$1.70 billion8%GAAP Operating Income$274.0 million$172.5 million$101.5 millionNon-GAAP Operating Income$675.4 million$536.1 million$139.3 millionGAAP Operating Margin9.6%6.8%280 bpsNon-GAAP Operating Margin23.7%21.1%260 bpsNet Cash Provided by Operating Activities$916.7 million$821.5 million$95.2 millionFree Cash Flow$840.7 million$750.2 million$90.5 million 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 Announces the Model Context Protocol (MCP) Server for Nutanix Cloud Platform (NCP): Nutanix announced the launch of its MCP server for NCP, bringing secure, natural-language, agentic AI automation to hybrid cloud environments without sacrificing control.Nutanix Announces Availability of Dell PowerStore: Nutanix announced that Dell Private Cloud with PowerStore for NCP is now available with Nutanix Cloud Infrastructure (NCI) 7.6.Nutanix Unveils New Regulated Industry Data from Its Eighth Annual Enterprise Cloud Index (ECI) Survey: Nutanix unveiled new regulated industry data from its eighth annual ECI survey shared earlier this year, which showed that Healthcare, Financial Services, and Public Sector industries face the greatest risks in shadow AI, data sovereignty, compliance, and organizational silos.Nutanix and ChronoScale Announce Strategic Partnership to Accelerate Enterprise AI Adoption: Nutanix and ChronoScale announced a strategic partnership to jointly deliver enterprise-ready AI infrastructure and help accelerate adoption of AI servers across global markets.Nutanix Gives Enterprises the Freedom to Run Production Agentic AI Their Way: Nutanix announced the general availability of Nutanix Enterprise AI (NAI) 2.8, and the upcoming general availability of Nutanix Kubernetes Platform (NKP) 2.19, along with new incentives, programs, and resources designed to help partners accelerate growth on emerging AI opportunities. First Quarter Fiscal 2027 Outlook

  Revenue$755 - $765 millionNon-GAAP Operating Margin26% to 28%Weighted Average Shares Outstanding (Diluted)3Approximately 294 million Fiscal 2027 Outlook

  Revenue$3.180 - $3.230 billionNon-GAAP Operating Margin24% to 25%Free Cash Flow$850 - $950 million Supplementary materials to this press release, including our fourth quarter and fiscal 2026 earnings presentation, can be found at https://ir.nutanix.com/financial/quarterly-results.

Webcast and Conference Call Information

Nutanix executives will discuss the Company’s fourth quarter and fiscal 2026 financial results on a conference call today at 4:30 p.m. Eastern Time / 1:30 p.m. Pacific Time. Interested parties may access the conference call by registering at this link to receive dial in details and a unique PIN number. The conference call will also be webcast live on the Nutanix Investor Relations website at ir.nutanix.com. An archived replay of the webcast will be available on the Nutanix Investor Relations website at ir.nutanix.com shortly after the call.

Footnotes

1Annual Recurring Revenue, or ARR, is defined as the sum of ACV for all subscription contracts from all customers in effect as of the end of a specific period, assuming any subscription contract that expires is renewed on its existing terms. ARR excludes the value of professional services, non-portable software and support contracts and hardware sales. For the purposes of this calculation, we generally assume that the contract term begins on the date when the software is made available to the customer. ACV is defined as the total annualized value of a contract. The total annualized value for a contract is calculated by dividing the total value of the contract by the number of years in the term of such contract. Beginning with the first quarter of fiscal 2026, our methodology for calculating ARR was updated to align more closely with the timing of when licenses are made available to customers. For comparability purposes, ARR for all prior periods have been adjusted to conform to the updated methodology.

2Average Contract Duration represents the dollar-weighted term, calculated on a billings basis, across all subscription contracts, as well as our limited number of life-of-device contracts, using an assumed term of five years for life-of-device licenses, executed in the period.

3Weighted average share count used in computing diluted non-GAAP net income per share.

Non-GAAP Financial Measures and Other Key Performance Measures

To supplement our consolidated financial statements, which are prepared and presented in accordance with GAAP, this press release includes the following non-GAAP financial and other key performance measures: non-GAAP gross margin, non-GAAP operating expenses, non-GAAP operating income, non-GAAP operating margin, free cash flow, Annual Recurring Revenue (or ARR), and Average Contract Duration. In computing non-GAAP financial measures, we exclude certain items such as stock-based compensation, costs associated with our acquisitions (such as amortization of acquired intangible assets and other acquisition-related costs), restructuring charges, litigation settlement accruals and legal fees related to certain litigation matters, the amortization of the debt discount and issuance costs related to debt, interest expense related to debt, inducement expense related to the repurchase of convertible senior notes, changes in the fair value of convertible notes receivable, valuation allowance releases, and other non-recurring transactions and the related tax impact. Non-GAAP gross margin, non-GAAP operating expenses, non-GAAP operating income, and non-GAAP operating margin are financial measures which we believe provide useful information to investors because they provide meaningful supplemental information regarding our performance and liquidity by excluding certain expenses and expenditures such as stock-based compensation expense that may not be indicative of our ongoing core business operating results. Free cash flow is a performance measure that we believe provides useful information to our management and investors about the amount of cash generated by the business after capital expenditures, and we define free cash flow as net cash provided by operating activities less purchases of property and equipment. ARR is a performance measure that we believe provides useful information to our management and investors as it allows us to better track the top-line growth of our subscription business (including our ability to acquire subscriptions with new customers and to retain and expand with existing customers), while normalizing for differences in contract durations. Our calculation of ARR is not adjusted for the impact of any known or projected future events (such as customer cancellations, expansion or contraction of existing customers relationships or price increases or decreases) that may cause any subscription contract not to be renewed on its existing terms. ARR is a performance measure that should be viewed independently of revenue and does not represent our revenue under GAAP on an annualized basis or a forecast of GAAP revenue. Investors should not place undue reliance on ARR as an indicator of our future or expected results. ARR does not have any standardized meaning and is therefore unlikely to be comparable to similarly titled performance measures presented by other companies. We use these non-GAAP financial and key performance measures for financial and operational decision-making and as a means to evaluate period-to-period comparisons. However, these non-GAAP financial and key performance measures have limitations as analytical tools and you should not consider them in isolation or as substitutes for analysis of our results as reported under GAAP. Non-GAAP gross margin, non-GAAP operating expenses, non-GAAP operating income, non-GAAP operating margin, and free cash flow are not substitutes for gross margin, operating expenses, operating income, operating margin, and net cash provided by operating activities, respectively. There is no GAAP measure that is comparable to ARR or Average Contract Duration, so we have not reconciled the ARR or Average Contract Duration data included in this press release to any GAAP measure. In addition, other companies, including companies in our industry, may calculate non-GAAP financial measures and key performance measures differently or may use other measures to evaluate their performance, all of which could reduce the usefulness of our non-GAAP financial measures and key performance measures as tools for comparison. We urge you to review the reconciliation of our non-GAAP financial measures and key performance measures to the most directly comparable GAAP financial measures included below in the tables captioned “Reconciliation of GAAP to Non-GAAP Profit Measures” and “Reconciliation of GAAP Net Cash Provided By Operating Activities to Non-GAAP Free Cash Flow,” and not to rely on any single financial measure to evaluate our business. This press release also includes the following forward-looking non-GAAP financial measures as part of our first quarter fiscal 2027 outlook and/or our fiscal 2027 outlook: non-GAAP operating margin and free cash flow. We are unable to reconcile these forward-looking non-GAAP financial measures to their most directly comparable GAAP financial measures without unreasonable efforts, as we are currently unable to predict with a reasonable degree of certainty the type and extent of certain items that would be expected to impact the GAAP financial measures for these periods but would not impact the non-GAAP financial measures.

Forward-Looking Statements

This press release contains express and implied forward-looking statements, including, but not limited to, statements regarding: our business trends, momentum and prospects; our expectations regarding demand for our solutions; our ability to capitalize on market opportunities through our partnerships, cloud platform innovations, AI offerings and support for external storage; our focus on delivering sustainable growth and improving profitability; our first quarter fiscal 2027 outlook; and our fiscal 2027 outlook.

These forward-looking statements are not historical facts and instead are based on our current expectations, estimates, opinions, and beliefs. Consequently, you should not rely on these forward-looking statements. The accuracy of these forward-looking statements depends upon future events and involves risks, uncertainties, and other factors, including factors that may be beyond our control, that may cause these statements to be inaccurate and cause our actual results, performance or achievements to differ materially and adversely from those anticipated or implied by such statements, including, among others: the inherent uncertainty or assumptions and estimates underlying our projections and guidance, which are necessarily speculative in nature; supply chain constraints, component availability and related impacts on the timing of orders, shipments and customer deployments; any failure to successfully implement or realize the anticipated benefits of our business plans, strategies and initiatives, or unexpected difficulties or delays in doing so; our ability to achieve, sustain and/or manage future growth effectively; the rapid evolution of the markets in which we compete, including the introduction, or acceleration of adoption of, competing solutions, including public cloud infrastructure; failure to timely and successfully meet our customer needs; delays in or lack of customer or market acceptance of our new solutions (including AI-related offerings), products, services, product features or technology; macroeconomic or geopolitical uncertainty; our ability to attract, recruit, train, retain, and, where applicable, ramp to full productivity, qualified employees and key personnel; factors that could result in the significant fluctuation of our future quarterly operating results (including anticipated changes to our revenue and product mix, the timing and magnitude of orders, shipments and acceptance of our solutions in any given quarter, our ability to attract new and retain existing end-customers, changes in the pricing and availability of certain components of our solutions, and fluctuations in demand and competitive pricing pressures for our solutions); our ability to form new or maintain and strengthen existing strategic alliances and partnerships, as well as our ability to manage any changes thereto; our ability to successfully implement and realize the anticipated benefits of our recently announced restructuring initiatives; our ability to make share repurchases; and other risks detailed in our Annual Report on Form 10-K for the fiscal year ended July 31, 2025 filed with the U.S. Securities and Exchange Commission, or the SEC, on September 24, 2025 and subsequent quarterly reports. Additional information will be set forth in our Annual Report on Form 10-K for the fiscal year ended July 31, 2026, which should be read in conjunction with this press release and the financial results included herein. Our SEC filings are available on the Investor Relations section of our website at ir.nutanix.com and on the SEC's website at www.sec.gov. These forward-looking statements speak only as of the date of this press release and, except as required by law, we assume no obligation, and expressly disclaim any obligation, to update, alter or otherwise revise any of these forward-looking statements to reflect actual results or subsequent events or circumstances.

About Nutanix

Nutanix is a hybrid cloud leader and AI innovator, offering organizations a unified infrastructure software platform to safely run applications, data, and AI anywhere. Trusted by customers worldwide, Nutanix empowers more than 50% of the Global 2000 to innovate faster with AI, while modernizing infrastructure, simplifying operations, and controlling costs. Learn more at www.nutanix.com or follow us on social media.

© 2026 Nutanix, Inc. All rights reserved. Nutanix, the Nutanix logo, and all Nutanix product and service names mentioned herein are registered trademarks or unregistered trademarks of Nutanix, Inc. (“Nutanix”) in the United States and other countries. Other brand names or marks mentioned herein are for identification purposes only and may be the trademarks of their respective holder(s). This press release is for informational purposes only and nothing herein constitutes a warranty or other binding commitment by Nutanix.

Investor Contact:
Richard Valera
[email protected]

Media Contact:
Jennifer Massaro
[email protected]

NUTANIX, INC.
CONSOLIDATED BALANCE SHEETS
(Unaudited)
    As of  July 31,
2025  July 31,
2026  (in thousands) Assets     Current assets:     Cash and cash equivalents$769,502  $777,308 Short-term investments 1,223,234   1,584,155 Accounts receivable, net 337,967   289,251 Deferred commissions—current 153,072   156,316 Prepaid expenses and other current assets 105,391   221,483 Total current assets 2,589,166   3,028,513 Property and equipment, net 142,814   134,887 Operating lease right-of-use assets 134,526   164,427 Deferred commissions—non-current 189,221   217,606 Intangible assets, net 2,615   1,837 Goodwill 185,235   185,235 Deferred tax asset(1) 16,974   1,215,823 Other assets—non-current 22,643   125,357 Total assets$3,283,194  $5,073,685 Liabilities and Stockholders’ (Deficit) Equity     Current liabilities:     Accounts payable$81,599  $96,508 Accrued compensation and benefits 230,498   269,181 Accrued expenses and other current liabilities 24,187   36,117 Deferred revenue—current 1,054,023   1,246,575 Operating lease liabilities—current 23,234   35,713 Total current liabilities 1,413,541   1,684,094 Deferred revenue—non-current 1,058,731   1,176,794 Operating lease liabilities—non-current 115,754   134,310 Convertible senior notes, net 1,343,818   1,348,711 Other liabilities—non-current 45,870   27,211 Total liabilities 3,977,714   4,371,120 Stockholders’ (deficit) equity:     Common stock 7   7 Additional paid-in capital 4,200,466   4,416,059 Accumulated other comprehensive income (loss) 700   (4,895)Accumulated deficit (4,895,693)  (3,708,606)Total stockholders’ (deficit) equity (694,520)  702,565 Total liabilities and stockholders’ (deficit) equity$3,283,194  $5,073,685  __________________________
(1) Prior to the fourth quarter of fiscal 2026, this was included within Other assets—non-current. Prior period amounts have been updated to conform to the current period presentation.

NUTANIX, INC.
CONSOLIDATED STATEMENTS OF OPERATIONS
(Unaudited)       Three Months Ended
July 31,  Fiscal Year Ended
July 31,  2025  2026  2025  2026  (in thousands, except per share data) Revenue:           Product$339,789  $388,388  $1,341,374  $1,489,693 Support, maintenance and other services 313,478   368,690   1,196,553   1,363,852 Total revenue 653,267   757,078   2,537,927   2,853,545 Cost of revenue:           Product(1)(2) 4,372   5,661   28,341   21,443 Support, maintenance and other services(1) 79,461   100,066   306,441   355,306 Total cost of revenue 83,833   105,727   334,782   376,749 Gross profit 569,434   651,351   2,203,145   2,476,796 Operating expenses:           Sales and marketing(1)(2) 281,280   303,897   1,056,465   1,150,278 Research and development(1) 193,666   205,053   736,823   790,892 General and administrative(1) 63,280   72,412   237,316   261,656 Total operating expenses 538,226   581,362   2,030,604   2,202,826 Income from operations 31,208   69,989   172,541   273,970 Other income, net 13,935   12,726   39,107   53,138 Income before provision for (benefit from) income taxes 45,143   82,715   211,648   327,108 Provision for (benefit from) income taxes 6,493   (1,186,917)  23,282   (1,179,729)Net income$38,650  $1,269,632  $188,366  $1,506,837 Net income per share attributable to Class A common stockholders, basic$0.14  $4.69  $0.70  $5.61 Net income per share attributable to Class A common stockholders, diluted$0.13  $4.34  $0.65  $5.17 Weighted average shares used in computing net income per share attributable to Class A common stockholders, basic 268,659   270,570   267,479   268,691 Weighted average shares used in computing net income per share attributable to Class A common stockholders, diluted 297,456   292,736   294,083   292,183  __________________________
(1) Includes the following stock-based compensation expense:

 Three Months Ended
July 31,  Fiscal Year Ended
July 31,  2025  2026  2025  2026  (in thousands) Product cost of revenue$399  $400  $2,824  $1,550 Support, maintenance and other services cost of revenue 6,814   8,058   27,582   28,190 Sales and marketing 19,372   22,332   80,930   82,402 Research and development 42,872   45,481   175,361   180,844 General and administrative 15,714   18,254   64,893   64,681 Total stock-based compensation expense$85,171  $94,525  $351,590  $357,667  __________________________
(2) Includes the following amortization of intangible assets:

 Three Months Ended
July 31,  Fiscal Year Ended
July 31,  2025  2026  2025  2026  (in thousands) Product cost of revenue$105  $106  $2,185  $424 Sales and marketing 88   90   353   354 Total amortization of intangible assets$193  $196  $2,538  $778  NUTANIX, INC.
CONSOLIDATED STATEMENTS OF CASH FLOWS
(Unaudited)
    Fiscal Year Ended
July 31,  2025  2026  (in thousands) Cash flows from operating activities:     Net income$188,366  $1,506,837 Adjustments to reconcile net income to net cash provided by operating activities:     Depreciation and amortization 72,701   70,640 Stock-based compensation 351,590   357,667 Amortization of debt discount and issuance costs 3,877   5,452 Inducement expense from partial repurchase of the 2027 Notes 11,347   — Operating lease cost, net of accretion 29,029   34,946 Deferred income taxes 3,639   (1,198,850)Other (8,468)  (4,792)Changes in operating assets and liabilities:     Accounts receivable, net (71,886)  (39,170)Deferred commissions 16,517   (31,630)Prepaid expenses and other assets (8,101)  (130,217)Accounts payable 30,018   19,443 Accrued compensation and benefits 33,286   44,492 Accrued expenses and other liabilities (4,269)  709 Operating leases, net (29,954)  (33,813)Deferred revenue 203,764   314,974 Net cash provided by operating activities 821,456   916,688 Cash flows from investing activities:     Maturities of investments 476,173   805,208 Purchases of investments (1,359,593)  (1,167,799)Sales of investments 3,016   2,750 Purchases of property and equipment (71,283)  (76,013)Net cash used in investing activities (951,687)  (435,854)Cash flows from financing activities:     Proceeds from sales of shares through employee equity incentive plans 68,935   61,447 Proceeds from sales of shares through private placement —   150,000 Taxes paid related to net share settlement of equity awards (256,636)  (195,534)Proceeds from the issuance of convertible notes, net of issuance costs 848,010   — Payment of third-party debt issuance costs (3,448)  — Partial repurchase of the 2027 Notes (95,453)  — Payment of revolver issuance costs (2,794)  — Repurchases of common stock (307,900)  (483,543)Other financing activities, net (6,628)  (5,399)Net cash provided by (used in) financing activities 244,086   (473,029)Net increase in cash, cash equivalents and restricted cash$113,855  $7,805 Cash, cash equivalents and restricted cash—beginning of period 655,662   769,517 Cash, cash equivalents and restricted cash—end of period$769,517  $777,322 Restricted cash(1) 15   14 Cash and cash equivalents—end of period$769,502  $777,308 Supplemental disclosures of cash flow information:     Cash paid for income taxes$32,537  $30,274 Supplemental disclosures of non-cash investing and
financing information:     Purchases of property and equipment included in accounts payable and
accrued and other liabilities$6,945  $2,412 Unpaid taxes related to net share settlement of equity awards included
in accrued expenses and other liabilities$13,423  $7,615  __________________________
(1) Included within other assets—non-current in the consolidated balance sheets.

Disaggregation of Revenue
(Unaudited)
       Three Months Ended
July 31,  Fiscal Year Ended
July 31,  2025  2026  2025  2026  (in thousands) Disaggregation of revenue:           Subscription revenue$615,974  $719,111  $2,410,751  $2,712,274 Professional services and other revenue(1) 37,293   37,967   127,176   141,271 Total revenue$653,267  $757,078  $2,537,927  $2,853,545  __________________________
(1) Prior to fiscal 2026, these amounts were presented as separate line items, Professional services and Other non-subscription product. Prior period amounts have been updated to conform to the current period presentation.

Annual Recurring Revenue
(Unaudited)
     As of July 31,  2025  2026  (in thousands) Annual Recurring Revenue (ARR) (1)$2,201,672  $2,548,797  __________________________

(1) Beginning with the first quarter of fiscal 2026, our methodology for calculating ARR was updated to align more closely with the timing of when licenses are made available to customers. Prior period amounts have been updated to conform to current quarter methodology.

Remaining Performance Obligations
(Unaudited)
    As of July 31,  2025  2026  (in thousands) Remaining performance obligations:     Current$1,328,328  $1,686,685 13-36 months 977,341   1,293,675 Thereafter 386,892   460,051 Total$2,692,561  $3,440,411  Reconciliation of GAAP to Non-GAAP Profit Measures
(Unaudited)          GAAP  Non-GAAP Adjustments  Non-GAAP  Three Months Ended July 31, 2026  (1)  (2)  (3)  (4)  (5)  (6)  (7)  (8)  Three Months Ended July 31, 2026  (in thousands, except percentages and per share data) Gross profit$651,351  $8,458  $106  $3,706  $—  $—  $—  $—  $—  $663,621 Gross margin 86.0%  1.2%  —   0.5%  —   —   —   —   —   87.7%Operating expenses:                            Sales and marketing 303,897   (22,332)  (90)  (17,597)  —   —   —   —   —   263,878 Research and development 205,053   (45,481)  —   (5,173)  —   —   —   —   —   154,399 General and administrative 72,412   (18,254)  —   (1,162)  (5,248)  (408)  —   —   —   47,340 Total operating expenses 581,362   (86,067)  (90)  (23,932)  (5,248)  (408)  —   —   —   465,617 Income from operations 69,989   94,525   196   27,638   5,248   408   —   —   —   198,004 Operating margin 9.2%  12.5%  —   3.7%  0.7%  0.1%  —   —   —   26.2%Net income$1,269,632  $94,525  $196  $27,638  $5,248  $5,868  $3,001  $(1,208,216) $(22,539) $175,353 Weighted shares outstanding, basic 270,570                          270,570 Weighted shares outstanding, diluted (9) 292,736                          292,736 Net income per share, basic$4.69  $0.36  $-  $0.10  $0.02  $0.02  $0.01  $(4.47) $(0.08) $0.65 Net income per share, diluted (10)$4.34                         $0.60  __________________________
(1) Stock-based compensation expense
(2) Amortization of intangible assets
(3) Restructuring charges
(4) Legal fees
(5) Change in fair value of convertible note receivable and other
(6) Amortization of debt issuance costs and interest expense related to debt
(7) Valuation allowance release related to our U.S. deferred tax assets
(8) Income tax effect of non-GAAP adjustments. We use a long-term projected non-GAAP tax rate of 20% for the purposes of determining our non-GAAP net income and non-GAAP income per share, which is based on our current long-term projections. We believe the use of a long-term projected tax rate of 20% aligns with the non-GAAP measure of profitability, reduces volatility of the non-GAAP tax rate and provides consistency across reporting periods. Our estimated long-term projected tax rate is subject to change for a variety of reasons, including tax law changes in major jurisdictions in which we operate, changes in our geographic earnings mix, or other changes to our strategy or business operations. We will re-evaluate our long-term projected tax rate as appropriate.
(9) Includes 22,166 potentially dilutive shares related to convertible senior notes and the issuance of shares under employee equity incentive plans
(10) In accordance with ASC 260, in order to calculate GAAP net income per share, diluted, the numerator has been adjusted to add back $1,099 of interest expense related to the convertible senior notes

 GAAP  Non-GAAP Adjustments  Non-GAAP  Fiscal Year Ended July 31, 2026  (1)  (2)  (3)  (4)  (5)  (6)  (7)  (8)  Fiscal Year Ended July 31, 2026  (in thousands, except percentages and per share data) Gross profit$2,476,796  $29,740  $424  $3,706  $—  $—  $—  $—  $—  $2,510,666 Gross margin 86.8%  1.1%  —   0.1%  —   —   —   —   —   88.0%Operating expenses:                             Sales and marketing 1,150,278   (82,402)  (354)  (17,597)  —   —   —   —   —   1,049,925 Research and development 790,892   (180,844)  —   (5,173)  —   —   —   —   —   604,875 General and administrative 261,656   (64,681)  —   (1,162)  (14,899)  (408)  —   —   —   180,506 Total operating expenses 2,202,826   (327,927)  (354)  (23,932)  (14,899)  (408)  —   —   —   1,835,306 Income from operations 273,970   357,667   778   27,638   14,899   408   —   —   —   675,360 Operating margin 9.6%  12.6%  —   1.0%  0.5%  —   —   —   —   23.7%Net income$1,506,837  $357,667  $778  $27,638  $14,899  $5,868  $11,986  $(1,208,216) $(120,702) $596,755 Weighted shares outstanding, basic 268,691                           268,691 Weighted shares outstanding, diluted(9) 292,183                           292,183 Net income per share, basic$5.61  $1.34  $-  $0.10  $0.06  $0.02  $0.04  $(4.50) $(0.45) $2.22 Net income per share, diluted(10)$5.17                          $2.04  __________________________
(1) Stock-based compensation expense
(2) Amortization of intangible assets
(3) Restructuring charges
(4) Legal fees
(5) Change in fair value of convertible note receivable and other
(6) Amortization of debt issuance costs and interest expense related to debt
(7) Valuation allowance release related to our U.S. deferred tax assets
(8) Income tax effect of non-GAAP adjustments. We use a long-term projected non-GAAP tax rate of 20% for the purposes of determining our non-GAAP net income and non-GAAP income per share, which is based on our current long-term projections. We believe the use of a long-term projected tax rate of 20% aligns with the non-GAAP measure of profitability, reduces volatility of the non-GAAP tax rate and provides consistency across reporting periods. Our estimated long-term projected tax rate is subject to change for a variety of reasons, including tax law changes in major jurisdictions in which we operate, changes in our geographic earnings mix, or other changes to our strategy or business operations. We will re-evaluate our long-term projected tax rate as appropriate.
(9) Includes 23,492 potentially dilutive shares related to convertible senior notes and the issuance of shares under employee equity incentive plans
(10) In accordance with ASC 260, in order to calculate GAAP net income per share, diluted, the numerator has been adjusted to add back $4,403 of interest expense related to the convertible senior notes

 GAAP  Non-GAAP Adjustments  Non-GAAP  Three Months Ended July 31, 2025  (1)  (2)  (3)  (4)  (5)  (6)  Three Months Ended July 31, 2025  (in thousands, except percentages and per share data) Gross profit$569,434  $7,213  $105  $—  $—  $—  $—  $576,752 Gross margin 87.2%  1.1%  —   —   —   —   —   88.3%Operating expenses:                       Sales and marketing 281,280   (19,372)  (88)  —   —   —   —   261,820 Research and development 193,666   (42,872)  —   —   —   —   —   150,794 General and administrative 63,280   (15,714)  —   (2,971)  —   —   —   44,595 Total operating expenses 538,226   (77,958)  (88)  (2,971)  —   —   —   457,209 Income from operations 31,208   85,171   193   2,971   —   —   —   119,543 Operating margin 4.8%  13.0%  —   0.5%  —   —   —   18.3%Net income$38,650  $85,171  $193  $2,971  $(100) $3,008  $(20,784) $109,109 Weighted shares outstanding, basic 268,659                     268,659 Weighted shares outstanding, diluted(7) 297,456                     297,456 Net income per share, basic$0.14  $0.33  $-  $0.01  $-  $0.01  $(0.08) $0.41 Net income per share, diluted(8)$0.13                    $0.37  __________________________
(1) Stock-based compensation expense
(2) Amortization of intangible assets
(3) Legal fees
(4) Other
(5) Amortization of debt issuance costs and interest expense related to debt
(6) Income tax effect of non-GAAP adjustments. We use a long-term projected non-GAAP tax rate of 20% for the purposes of determining our non-GAAP net income and non-GAAP income per share, which is based on our current long-term projections. We believe the use of a long-term projected tax rate of 20% aligns with the non-GAAP measure of profitability, reduces volatility of the non-GAAP tax rate and provides consistency across reporting periods. Our estimated long-term projected tax rate is subject to change for a variety of reasons, including tax law changes in major jurisdictions in which we operate, changes in our geographic earnings mix, or other changes to our strategy or business operations. We will re-evaluate our long-term projected tax rate as appropriate.
(7) Includes 28,797 potentially dilutive shares related to convertible senior notes and the issuance of shares under employee equity incentive plans
(8) In accordance with ASC 260, in order to calculate GAAP net income per share, diluted, the numerator has been adjusted to add back $1,099 of interest expense related to the convertible senior notes

 GAAP  Non-GAAP Adjustments  Non-GAAP  Fiscal Year Ended July 31, 2025  (1)  (2)  (3)  (4)  (5)  (6)  (7)  Fiscal Year Ended July 31, 2025  (in thousands, except percentages and per share data) Gross profit$2,203,145  $30,406  $2,185  $—  $—  $—  $—  $—  $2,235,736 Gross margin 86.8%  1.2%  0.1%  —   —   —   —   —   88.1%Operating expenses:                          Sales and marketing 1,056,465   (80,930)  (353)  —   —   —   —   —   975,182 Research and development 736,823   (175,361)  —   —   —   —   —   —   561,462 General and administrative 237,316   (64,893)  —   (9,451)  —   —   —   —   162,972 Total operating expenses 2,030,604   (321,184)  (353)  (9,451)  —   —   —   —   1,699,616 Income from operations 172,541   351,590   2,538   9,451   —   —   —   —   536,120 Operating margin 6.8%  13.8%  0.1%  0.4%  —   —   —   —   21.1%Net income$188,366  $351,590  $2,538  $9,451  $(310) $11,347  $8,377  $(95,646) $475,713 Weighted shares outstanding, basic 267,479                        267,479 Weighted shares outstanding, diluted(8) 294,083                        294,083 Net income per share, basic$0.70  $1.32  $0.01  $0.04  $-  $0.04  $0.03  $(0.36) $1.78 Net income per share, diluted(9)$0.65                       $1.62  __________________________
(1) Stock-based compensation expense
(2) Amortization of intangible assets
(3) Legal fees
(4) Other
(5) Inducement expense related to partial repurchase of the 2027 Notes
(6) Amortization of debt issuance costs and interest expense related to debt
(7) Income tax effect of non-GAAP adjustments. We use a long-term projected non-GAAP tax rate of 20% for the purposes of determining our non-GAAP net income and non-GAAP income per share, which is based on our current long-term projections. We believe the use of a long-term projected tax rate of 20% aligns with the non-GAAP measure of profitability, reduces volatility of the non-GAAP tax rate and provides consistency across reporting periods. Our estimated long-term projected tax rate is subject to change for a variety of reasons, including tax law changes in major jurisdictions in which we operate, changes in our geographic earnings mix, or other changes to our strategy or business operations. We will re-evaluate our long-term projected tax rate as appropriate.
(8) Includes 26,604 potentially dilutive shares related to convertible senior notes and the issuance of shares under employee equity incentive plans
(9) In accordance with ASC 260, in order to calculate GAAP net income per share, diluted, the numerator has been adjusted to add back $3,172 of interest expense related to the convertible senior notes

Reconciliation of GAAP Net Cash Provided by Operating Activities to Non-GAAP Free Cash Flow
(Unaudited)       Three Months Ended
July 31,  Fiscal Year Ended
July 31,  2025  2026  2025  2026  (in thousands) Net cash provided by operating activities$219,529  $315,013  $821,456  $916,688 Purchases of property and equipment (11,750)  (37,443)  (71,283)  (76,013)Free cash flow$207,779  $277,570  $750,173  $840,675 

Nutanix (NTNX - Free Report) reported $757.08 million in revenue for the quarter ended July 2026, representing a year-over-year increase of 15.9%. EPS of $0.60 for the same period compares to $0.37 a year ago.

The reported revenue represents a surprise of +2.6% over the Zacks Consensus Estimate of $737.89 million. With the consensus EPS estimate being $0.48, the EPS surprise was +25%.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Nutanix performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

Annual Recurring Revenue (ARR): $2.55 billion versus the nine-analyst average estimate of $2.51 billion.Remaining Performance Obligations- Total: $3440.41 billion versus the three-analyst average estimate of $3302 billion.Revenue- Support, maintenance and other services: $368.69 million versus the 12-analyst average estimate of $356.78 million. The reported number represents a year-over-year change of +17.6%.Revenue- Product: $388.39 million versus the 12-analyst average estimate of $378.94 million. The reported number represents a year-over-year change of +14.3%.Disaggregation of Revenue- Professional services revenue: $37.97 million compared to the $38.21 million average estimate based on seven analysts. The reported number represents a change of +31.4% year over year.Disaggregation of Revenue- Subscription revenue: $719.11 million versus the seven-analyst average estimate of $699.92 million. The reported number represents a year-over-year change of +16.7%.View all Key Company Metrics for Nutanix here>>>

Shares of Nutanix have returned +12.5% over the past month versus the Zacks S&P 500 composite's +3.7% change. The stock currently has a Zacks Rank #1 (Strong Buy), indicating that it could outperform the broader market in the near term.

Nutanix, Inc. (NTNX) Q4 2026 Earnings Call Transcript

It's been a rough week for Nutanix (NTNX -0.97%) stock. Before today, shares of the cloud stock had closed lower than in each of the previous market sessions. That trend, however, doesn't seem likely to continue. With the company reporting fourth-quarter 2026 financial results and strong fiscal 2027 guidance yesterday after the market closed, investors have found plenty of reason to click the buy button.

As of 10:54 a.m. ET, shares of Nutanix are up 6.9%, retreating from an earlier 13.8% rise.

Image source: Getty Images.

Growing free cash flow is just part of the story Beating analysts' estimates of $738.3 million, Nutanix reported Q4 2026 revenue of $757.1 million, a 16% year-over-year increase. At the bottom of the income statement, the company also exceeded expectations, reporting diluted earnings per share of $0.60 -- better than the $0.49 that analysts anticipated.

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Nutanix also reported stronger free cash flow. In Q4 2026, the company generated $277.6 million in free cash flow, up from $207.8 million in the same period last year.

In addition to the Q4 2026 financial results, management provided an auspicious outlook for fiscal 2027: revenue of $3.18 billion to $3.23 billion and free cash flow of $850 million to $950 million. For fiscal 2026, Nutanix reported revenue and free cash flow of $2.85 billion and $840.7 million, respectively.

What's a cloud investor to do now? While Nutanix's stock is jumping today, those interested in cloud computing stocks haven't missed the boat. Shares of Nutanix are changing hands at 24.8 times operating cash flow -- a valuation that may seem pricey but is, in fact, lower than their five-year average cash flow multiple of 36.4.

Scott Levine has no position in any of the stocks mentioned. The Motley Fool recommends Nutanix. The Motley Fool has a disclosure policy.

Vancouver, British Columbia--(Newsfile Corp. - August 24, 2026) - Carrier Connect Data Solutions Inc. (TSXV: CCDS) (OTCQB: CCDSF) (WKN: A40XB1) (the "Company" or "Carrier"), a data center company on a mission to roll up Tier II/III data centers internationally that specialize in delivering co-location is pleased to announce the appointment of Mr. Aleem Nathwani to lead the Company's Corporate Development efforts, effective immediately.

Mr. Nathwani brings more than 20 years of private and public market experience, with a significant focus on the data center, cloud and technology sectors. Throughout his career, he has been involved with early-stage and growth-stage companies and has held a number of senior positions where he has played pivotal roles in business development, corporate development, commercialization and strategic partnerships.

At TELUS Communications (TSX: T), Mr. Nathwani was involved in the early development and commercialization of the company's data center portfolio, helping drive business development initiatives that contributed to the portfolio scaling to multi-million-dollar revenues.

Mr. Nathwani was also one of the earliest employees at Nutanix (NASDAQ: NTNX), a leader in cloud infrastructure, prior to its initial public offering. During his more than seven years with the data center technology company, he played key roles across business development, sales and channel partnerships during a period of significant growth. During his tenure, Nutanix raised in excess of $300 million in private capital and achieved a valuation in excess of $1 billion prior to becoming a publicly traded company.

Mr. Nathwani commented, "Carrier is at an exciting inflection point, with a significant pipeline of customer demand and a clear opportunity to expand its data center capacity to meet that demand. The Company has built a strong operational platform and an experienced team positioned to scale. I look forward to supporting Carrier's capital markets strategy, expanding key industry relationships and identifying strategic opportunities to accelerate growth and create long-term shareholder value."

Mark Binns, Chief Executive Officer of Carrier, commented, "The addition of Mr. Nathwani comes at an important time as we continue to scale the business and pursue our growth strategy. Aleem brings extensive experience across the public and private capital markets, along with a strong network of institutional investors, strategic partners and industry relationships. His experience in corporate development, capital formation and technology infrastructure will be highly valuable as we evaluate new opportunities, strengthen our access to capital and position Carrier for its next stage of growth. We are very pleased to welcome Aleem to the team."

The Company also announces that it has granted 100,000 incentive stock options (the "Options") to Mr. Nathwani in accordance with its stock option plan. Such Options are exercisable at a price of $1.36 until August 21, 2036 of which 25,000 vest at six months following the date of grant, 25,000 vest at twelve months following the date of grant, 25,000 vest at eighteen months following the date of grant, and 25,000 vest at twenty four months following the date of grant, all subject to applicable hold periods.

About Carrier Connect Data Solutions Inc.

Carrier Connect Data Solutions' mission is to roll up Tier II/III data centers internationally that specialize in delivering co-location and data center solutions to AI companies, service providers, enterprises and small businesses. Data centers are the physical locations that store computing machines and their related hardware equipment, such as servers, data storage drives, and network equipment. As a carrier-neutral organization, Carrier's systems are fully independent and owned outright within its leased space. The current principal markets for the Company are Vancouver, Ottawa and Saint John, Canada, Rochester NY and Perth, Australia, where it serves clients who use its facilities either as their primary data center or as an ancillary site depending on their needs.

ON BEHALF OF THE BOARD OF DIRECTORS

"Mark Binns"

Mark Binns, CEO

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy of this release.

Cautionary Statement Regarding Forward-Looking Information

This news release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. "Forward-looking information" includes, but is not limited to, statements with respect to the activities, events or developments that the Company expects or anticipates will or may occur in the future. Generally, but not always, forward-looking information and statements can be identified by the use of words such as "plans", "expects", "estimates", "intends", "anticipates", or "believes" or the negative connotation thereof. Such forward-looking information is based on numerous assumptions, including among others, that general business and economic conditions will not change in a material adverse manner. Although the assumptions made by the Company in providing forward-looking information are considered reasonable by management at the time, there can be no assurance that such assumptions will prove to be accurate. Forward-looking information also involves known and unknown risks and uncertainties and other factors, which may cause actual events or results in future periods to differ materially from any projections of future events or results expressed or implied by such forward-looking information or statements. The Company undertakes no obligation to update or reissue forward-looking information as a result of new information or events except as required by applicable securities laws.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/310882

Source: Carrier Connect Data Solutions Inc

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Nutanix (NTNX - Free Report) closed at $66.33 in the latest trading session, marking a +1.39% move from the prior day. The stock outpaced the S&P 500's daily loss of 0.87%. Elsewhere, the Dow lost 1.32%, while the tech-heavy Nasdaq lost 1%.

The enterprise cloud platform services provider's shares have seen an increase of 22.6% over the last month, surpassing the Computer and Technology sector's gain of 3.23% and the S&P 500's gain of 3.48%.

Investors will be eagerly watching for the performance of Nutanix in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on August 26, 2026. The company's upcoming EPS is projected at $0.48, signifying a 29.73% increase compared to the same quarter of the previous year. Alongside, our most recent consensus estimate is anticipating revenue of $737.46 million, indicating a 12.89% upward movement from the same quarter last year.

NTNX's full-year Zacks Consensus Estimates are calling for earnings of $1.93 per share and revenue of $2.83 billion. These results would represent year-over-year changes of +19.14% and +11.57%, respectively.

It's also important for investors to be aware of any recent modifications to analyst estimates for Nutanix. Recent revisions tend to reflect the latest near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.

Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.

The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 3.1% higher within the past month. Nutanix is currently sporting a Zacks Rank of #2 (Buy).

Looking at its valuation, Nutanix is holding a Forward P/E ratio of 30.08. This signifies a premium in comparison to the average Forward P/E of 13.65 for its industry.

Investors should also note that NTNX has a PEG ratio of 1.87 right now. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. As of the close of trade yesterday, the Computers - IT Services industry held an average PEG ratio of 1.23.

The Computers - IT Services industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 97, putting it in the top 40% of all 250+ industries.

The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.

Nutanix and ChronoScale plan to integrate their platforms so enterprises can extend into ChronoScale GPU-as-a-Service, pre-paid inference tokens through ChronoScale Token Factory, and a locally-deployed ChronoScale Foundry for enterprise agentic AI workflowsChronoScale to leverage Nutanix Agentic AI software solution for neoclouds to deliver broad portfolio of accelerated compute and AI servicesCollaboration extends to go-to-market, joint solution development, technical integration, and customer engagement programs SAN JOSE, Calif. and Menlo Park, Calif., Aug. 18, 2026 (GLOBE NEWSWIRE) -- Nutanix (NASDAQ: NTNX), a hybrid cloud leader and AI innovator, and ChronoScale Holdings Corporation (NASDAQ: CHRN), an accelerated compute platform purpose-built to support demanding artificial intelligence workloads, today announced a strategic partnership to jointly deliver enterprise-ready AI infrastructure and help accelerate adoption of AI services across global markets.

The partnership brings together complementary capabilities enterprise customers have historically had to assemble themselves — combining Nutanix's full portfolio of agentic AI solutions with ChronoScale's accelerated compute, enterprise AI foundry, and outcome-driven delivery model.

ChronoScale and Nutanix Platform Integration

ChronoScale plans to leverage Nutanix software within its AI infrastructure platform to help deliver a broad portfolio of accelerated compute and AI services. The parties expect Nutanix software to help support customer onboarding, tenant management, service automation, virtualized infrastructure, managed Kubernetes environments, and advanced AI service offerings. ChronoScale's platform is designed to support a broad ecosystem of technology partners. The companies also intend to jointly maintain demonstration and proof-of-concept environments to support customer evaluations and accelerate adoption of agentic AI solutions in the enterprise.

Extended GPU capacity, on-premises and beyond

ChronoScale plans to extend the Nutanix on-premises cloud footprint with elastic access to modern GPU capacity. Customers are expected to be able to procure reserved capacity through ChronoScale GPU-as-a-Service (GPUaaS) for predictable workloads, or draw on ChronoScale Token Factory — pre-paid inference tokens backed by leading open-source models — for burst and experimental workloads. The parties intend to integrate both offerings with the Nutanix enterprise AI offerings, including Agent Gateway and Private Inferencing, with the goal of providing customers a single control plane across their on-premises environment and ChronoScale capacity.

ChronoScale Foundry, delivered through Nutanix

Nutanix will enable the deployment of ChronoScale Foundry, an enterprise AI foundry, inside the customer's own environment, giving enterprises a managed platform to build, run, and govern agentic workflows locally. Agents, enterprise data, and workflow state remain within the customer's boundary. Enterprise customers are expected to be able to deploy Foundry directly through the Nutanix Kubernetes Platform Catalog, extending Nutanix's AI portfolio into managed agentic workloads.

The partnership is designed to help enterprises globally deploy production-scale AI environments faster, with greater operational simplicity, sovereignty, security, and scalability.

The partnership being announced today is underpinned by the strategic relationship and technology partnership that both ChronoScale and Nutanix have with NVIDIA. Chronoscale is an NVIDIA Cloud Partner (NCP), delivering an accelerated computing platform, built and optimized using NVIDIA-validated reference designs to deliver consistent performance at scale. Nutanix is an NVIDIA technology partner and ISV that has a suite of NVIDIA validated software to operate enterprise AI factories.

Together, ChronoScale and Nutanix intend to deliver an integrated platform built on NVIDIA AI economics that is designed to reduce operational complexity and accelerate time-to-value for enterprises adopting AI at scale. ChronoScale plans to deploy NVIDIA HGX B300 systems interconnected via NVIDIA Spectrum-X networking and NVIDIA AI Enterprise software, including NVIDIA NIM microservices and NVIDIA NeMo to deliver a production-ready stack.

Executive Commentary

"The next phase of AI is about making enterprise-grade infrastructure easier to consume and faster to deploy. This partnership with Nutanix brings together two complementary strengths — Nutanix's proven cloud platform and ChronoScale's accelerated compute, AI services, and Enterprise AI Foundry — to give customers a shorter, more sovereign path to production AI. It is an important milestone in our mission to become the platform where the global AI ecosystem converges."

— Cenly Chen, Chief Executive Officer, ChronoScale

"Organizations are looking for a simpler path to deploying AI at scale. ChronoScale is building an impressive global AI infrastructure platform designed for the demands of modern AI workloads. Together, we will help enterprises accelerate their AI transformation by combining high-performance infrastructure with the operational simplicity, flexibility, and security that Nutanix delivers."

— Tarkan Maner, President and Chief Commercial Officer, Nutanix

The partnership also establishes a framework that includes joint marketing activities, sales enablement, technical collaboration, joint solution development, and customer engagement programs. Nutanix and ChronoScale intend to work together to target Global 2000 organizations and other enterprise customers seeking scalable AI infrastructure and sovereign AI services. The companies intend to jointly maintain demonstration and proof-of-concept environments to support customer evaluations and accelerate enterprise adoption of Agentic AI solutions. The partnership is expected to be implemented through one or more definitive agreements.

About ChronoScale

ChronoScale Holdings Corporation (NASDAQ: CHRN) is an accelerated compute platform purpose-built to support demanding artificial intelligence workloads. Focused on large-scale deployments, ChronoScale delivers dedicated compute environments — including GPU-as-a-Service, Token Factory, and the ChronoScale Foundry for enterprise agentic AI — optimized for performance, sovereignty, and long-term operational execution, with the ability to scale capacity alongside accelerating AI demand.

About Nutanix

Nutanix is a hybrid cloud leader and AI innovator, offering organizations a unified infrastructure software platform to safely run applications, data, and AI anywhere. Trusted by customers worldwide, Nutanix empowers more than 50% of the Global 2000 to innovate faster with AI, while modernizing infrastructure, simplifying operations, and controlling costs. Learn more at www.nutanix.com or follow us on social media.

ChronoScale Forward-Looking Statements

Statements in this Press Release about future expectations, plans, and prospects, as well as any other statements regarding matters that are not historical facts, may constitute "forward-looking statements" within the meaning of The Private Securities Litigation Reform Act of 1995. The words "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "plan," "potential," "predict," "project," "should," "target," "will," "would," and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including, but not limited to: statements regarding the Company, its plans and objectives and anticipated future economic performance; statements about the cloud compute industry; statements regarding the Company's ability to expand capacity and meet accelerating demand; statements regarding future leadership of the Company; and statements of assumptions underlying other statements and statements about the Company or its business. You are cautioned not to rely on these forward-looking statements. These statements are based on current expectations of future events and thus are inherently subject to uncertainty. If underlying assumptions prove inaccurate or known or unknown risks or uncertainties materialize, actual results could vary materially from the Company's expectations. These risks, uncertainties, and other factors include: limitations on the Company's ability to attract and retain key personnel, including executive officers and Board members of the Company; customer concentration, and an inability to renew existing customer agreements; the success of the Company's risk management activities, including any failure by the Company to implement and maintain effective internal controls; litigation, including the potential litigation concerning the business combination; cash flow and access to capital; conditions in the debt and equity capital markets; slower than anticipated growth in the cloud compute industry; uncertainties related to market conditions, and other factors discussed in the "Risk Factors" section of the Company's Annual Report on Form 10-K filed with the SEC on February 23, 2026, as amended on April 10, 2026, subsequently filed Quarterly Reports on Form 10-Q, the definitive Information Statement on Schedule 14C filed with the SEC on April 3, 2026, and the risks described in other filings that the Company may make from time to time with the SEC. Any forward-looking statements contained in this press release speak only as of the date hereof, and the Company specifically disclaims any obligation to update any forward-looking statement, whether as a result of new information, future events, or otherwise, except to the extent required by applicable law.

Nutanix Forward-Looking Statements

This press release contains express and implied forward-looking statements, including but not limited to statements regarding the referenced partnership; planned technical integrations; future products, services, and offerings; anticipated customer benefits; joint go-to-market activities; referral arrangements; customer adoption; the timing and availability of future solutions; and the parties' ability to successfully negotiate, execute, and implement definitive agreements relating to the contemplated collaboration. These forward-looking statements are based on Nutanix's current expectations, estimates, assumptions and projections and involve risks and uncertainties that could cause actual results to differ materially. Actual results may differ materially due to a number of factors, including the parties' ability to negotiate and enter into definitive agreements, complete anticipated integration efforts, develop and deliver contemplated functionality, successfully execute go-to-market activities, achieve customer adoption, and realize the anticipated benefits of the collaboration, and other risks and uncertainties described in Nutanix’s filings with the Securities and Exchange Commission, including its Annual Report on Form 10‑K for the fiscal year ended July 31, 2025 and subsequent Quarterly Reports on Form 10‑Q and other filings. These forward‑looking statements speak only as of the date of this press release, and Nutanix undertakes no obligation to update or revise any forward‑looking statements, whether as a result of new information, future events, or otherwise, except as required by law. Many of the anticipated products, services, integrations, offerings, features and functionalities described herein remain in various stages of planning, development, testing and implementation and will be offered on a when-and-if-available basis. The development, release, and timing of any such products, features or functionalities are subject to change. Nutanix will not have any liability arising from reliance on this press release for any failure to deliver, or delay in the delivery of, any such products, features or functionalities. Any future product or product feature information is intended to outline general product directions, and is not a commitment, promise or legal obligation for Nutanix to deliver any functionality. This information should not be used when making a purchasing decision.

ChronoScale Investor Relations & Media Contacts

Matt Glover or Ralf Esper
Gateway Group, Inc.
+1 949 574 3860
[email protected]

Nutanix Investor Relations & Media Contacts

Investor Relations Contact:
Richard Valera
[email protected]

Media Contact:
Jennifer Massaro
[email protected]

Handelsbanken Fonder AB raised its stake in shares of Nutanix (NASDAQ: NTNX) by 12.3% during the undefined quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 78,800 shares of the technology company's stock after purchasing an additional 8,600 shares during the

The hybrid multicloud platform vendor- NTNX, which has outperformed its software and cloud computing peers by 1.5-1.8x since April, is due to announce Q4 results on the 26th of August. I expect Q4 revenue to likely beat consensus by around 2.4-4%, but supply chain constraints and hardware lead times may continue to delay revenue recognition and FCF generation. Operating margins may be volatile near-term due to hiring and restructuring, with FY27 guidance likely to prioritize revenue growth over margin expansion.

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?

Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Nutanix (NTNX - Free Report) .

Nutanix currently has an average brokerage recommendation (ABR) of 1.94, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by 17 brokerage firms. An ABR of 1.94 approximates between Strong Buy and Buy.

Of the 17 recommendations that derive the current ABR, eight are Strong Buy and two are Buy. Strong Buy and Buy respectively account for 47.1% and 11.8% of all recommendations.

Brokerage Recommendation Trends for NTNX

Check price target & stock forecast for Nutanix here>>>

While the ABR calls for buying Nutanix, it may not be wise to make an investment decision solely based on this information. Several studies have shown limited to no success of brokerage recommendations in guiding investors to pick stocks with the best price increase potential.

Do you wonder why? As a result of the vested interest of brokerage firms in a stock they cover, their analysts tend to rate it with a strong positive bias. According to our research, brokerage firms assign five "Strong Buy" recommendations for every "Strong Sell" recommendation.

In other words, their interests aren't always aligned with retail investors, rarely indicating where the price of a stock could actually be heading. Therefore, the best use of this information could be validating your own research or an indicator that has proven to be highly successful in predicting a stock's price movement.

With an impressive externally audited track record, our proprietary stock rating tool, the Zacks Rank, which classifies stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), is a reliable indicator of a stock's near-term price performance. So, validating the Zacks Rank with ABR could go a long way in making a profitable investment decision.

ABR Should Not Be Confused With Zacks RankAlthough both Zacks Rank and ABR are displayed in a range of 1--5, they are different measures altogether.

Broker recommendations are the sole basis for calculating the ABR, which is typically displayed in decimals (such as 1.28). The Zacks Rank, on the other hand, is a quantitative model designed to harness the power of earnings estimate revisions. It is displayed in whole numbers -- 1 to 5.

Analysts employed by brokerage firms have been and continue to be overly optimistic with their recommendations. Since the ratings issued by these analysts are more favorable than their research would support because of the vested interest of their employers, they mislead investors far more often than they guide.

In contrast, the Zacks Rank is driven by earnings estimate revisions. And near-term stock price movements are strongly correlated with trends in earnings estimate revisions, according to empirical research.

In addition, the different Zacks Rank grades are applied proportionately to all stocks for which brokerage analysts provide current-year earnings estimates. In other words, this tool always maintains a balance among its five ranks.

There is also a key difference between the ABR and Zacks Rank when it comes to freshness. When you look at the ABR, it may not be up-to-date. Nonetheless, since brokerage analysts constantly revise their earnings estimates to reflect changing business trends, and their actions get reflected in the Zacks Rank quickly enough, it is always timely in predicting future stock prices.

Is NTNX Worth Investing In?Looking at the earnings estimate revisions for Nutanix, the Zacks Consensus Estimate for the current year has increased 0.4% over the past month to $1.91.

Analysts' growing optimism over the company's earnings prospects, as indicated by strong agreement among them in revising EPS estimates higher, could be a legitimate reason for the stock to soar in the near term.

The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #2 (Buy) for Nutanix. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>

Therefore, the Buy-equivalent ABR for Nutanix may serve as a useful guide for investors.

Posted by Defense World Staff on Jul 28th, 2026

Arrowstreet Capital Limited Partnership lifted its holdings in shares of Nutanix (NASDAQ:NTNX – Free Report) by 628.8% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,185,120 shares of the technology company’s stock after purchasing an additional 1,022,516 shares during the quarter. Arrowstreet Capital Limited Partnership owned approximately 0.45% of Nutanix worth $45,046,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Vanguard Group Inc. boosted its holdings in Nutanix by 3.1% in the fourth quarter. Vanguard Group Inc. now owns 27,514,943 shares of the technology company’s stock worth $1,422,247,000 after purchasing an additional 832,468 shares in the last quarter. AQR Capital Management LLC increased its position in Nutanix by 72.8% during the fourth quarter. AQR Capital Management LLC now owns 11,452,714 shares of the technology company’s stock worth $591,991,000 after buying an additional 4,826,443 shares during the last quarter. Geode Capital Management LLC raised its holdings in Nutanix by 2.6% during the fourth quarter. Geode Capital Management LLC now owns 5,283,964 shares of the technology company’s stock valued at $272,452,000 after buying an additional 135,533 shares in the last quarter. FIL Ltd raised its holdings in Nutanix by 180.1% during the fourth quarter. FIL Ltd now owns 4,333,937 shares of the technology company’s stock valued at $224,021,000 after buying an additional 2,786,929 shares in the last quarter. Finally, First Trust Advisors LP lifted its position in shares of Nutanix by 14.0% in the fourth quarter. First Trust Advisors LP now owns 3,647,276 shares of the technology company’s stock worth $188,528,000 after buying an additional 447,806 shares during the last quarter. Institutional investors and hedge funds own 85.25% of the company’s stock.

Analyst Upgrades and Downgrades Several analysts have recently issued reports on NTNX shares. Weiss Ratings reiterated a “hold (c)” rating on shares of Nutanix in a research note on Wednesday, June 24th. KeyCorp reissued an “overweight” rating on shares of Nutanix in a research note on Thursday, May 28th. Wells Fargo & Company boosted their target price on Nutanix from $50.00 to $55.00 and gave the stock an “equal weight” rating in a report on Thursday, May 28th. UBS Group upped their target price on Nutanix from $60.00 to $62.00 and gave the stock a “buy” rating in a research report on Thursday, May 28th. Finally, The Goldman Sachs Group reiterated a “buy” rating on shares of Nutanix in a report on Thursday, May 28th. Ten analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $60.00.

Get Our Latest Stock Report on Nutanix

Nutanix Price Performance Shares of NTNX opened at $56.85 on Tuesday. The company has a market capitalization of $15.37 billion, a PE ratio of 59.84, a price-to-earnings-growth ratio of 4.85 and a beta of 0.61. Nutanix has a one year low of $34.01 and a one year high of $82.42. The company’s fifty day moving average price is $51.13 and its 200 day moving average price is $44.95.

Nutanix (NASDAQ:NTNX – Get Free Report) last released its quarterly earnings results on Wednesday, May 27th. The technology company reported $0.47 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.35 by $0.12. The company had revenue of $703.07 million during the quarter, compared to analysts’ expectations of $686.34 million. Nutanix had a net margin of 10.03% and a negative return on equity of 38.96%. The business’s quarterly revenue was up 10.0% compared to the same quarter last year. During the same period in the prior year, the company earned $0.22 earnings per share. Analysts anticipate that Nutanix will post 0.71 earnings per share for the current year.

About Nutanix (Free Report)

Nutanix, Inc is an enterprise cloud computing company that develops software to simplify the deployment and management of datacenter infrastructure. Founded in 2009 and headquartered in San Jose, California, Nutanix is best known for pioneering hyperconverged infrastructure (HCI), an approach that integrates compute, storage and virtualization into a single software-defined platform aimed at reducing complexity and operational overhead in private and hybrid cloud environments.

The company’s product portfolio centers on the Nutanix Cloud Platform, which includes its core AOS software for HCI, Prism for infrastructure management and automation, and a suite of additional services such as Calm for application automation, Files and Volumes for file and block services, Karbon for Kubernetes orchestration, and Era for database management.

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Posted by Defense World Staff on Jul 23rd, 2026

California Public Employees Retirement System lifted its stake in Nutanix (NASDAQ:NTNX – Free Report) by 7.4% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 551,375 shares of the technology company’s stock after purchasing an additional 38,153 shares during the period. California Public Employees Retirement System owned 0.21% of Nutanix worth $20,958,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of NTNX. AQR Capital Management LLC lifted its position in Nutanix by 72.8% during the fourth quarter. AQR Capital Management LLC now owns 11,452,714 shares of the technology company’s stock valued at $591,991,000 after purchasing an additional 4,826,443 shares in the last quarter. Norges Bank purchased a new stake in Nutanix in the fourth quarter worth about $187,169,000. FIL Ltd increased its position in Nutanix by 180.1% in the fourth quarter. FIL Ltd now owns 4,333,937 shares of the technology company’s stock worth $224,021,000 after buying an additional 2,786,929 shares in the last quarter. Alyeska Investment Group L.P. raised its stake in shares of Nutanix by 926.8% in the fourth quarter. Alyeska Investment Group L.P. now owns 2,687,387 shares of the technology company’s stock worth $138,911,000 after buying an additional 2,425,665 shares during the period. Finally, Victory Capital Management Inc. raised its stake in shares of Nutanix by 592.3% in the fourth quarter. Victory Capital Management Inc. now owns 1,601,351 shares of the technology company’s stock worth $82,774,000 after buying an additional 1,370,047 shares during the period. 85.25% of the stock is owned by institutional investors.

Nutanix Trading Down 1.5% Shares of NTNX opened at $53.36 on Thursday. The business’s 50 day moving average is $50.62 and its 200 day moving average is $44.87. Nutanix has a 12-month low of $34.01 and a 12-month high of $82.42. The company has a market capitalization of $14.42 billion, a PE ratio of 56.17, a price-to-earnings-growth ratio of 4.78 and a beta of 0.61.

Nutanix (NASDAQ:NTNX – Get Free Report) last posted its quarterly earnings results on Wednesday, May 27th. The technology company reported $0.47 earnings per share for the quarter, topping the consensus estimate of $0.35 by $0.12. Nutanix had a negative return on equity of 38.96% and a net margin of 10.03%.The business had revenue of $703.07 million during the quarter, compared to the consensus estimate of $686.34 million. During the same period in the prior year, the company posted $0.22 EPS. The firm’s revenue for the quarter was up 10.0% compared to the same quarter last year. Equities research analysts predict that Nutanix will post 0.71 earnings per share for the current year.

Analysts Set New Price Targets A number of brokerages recently issued reports on NTNX. UBS Group boosted their price objective on Nutanix from $60.00 to $62.00 and gave the company a “buy” rating in a research note on Thursday, May 28th. Needham & Company LLC raised their target price on shares of Nutanix from $55.00 to $60.00 and gave the stock a “buy” rating in a research note on Thursday, May 28th. KeyCorp restated an “overweight” rating on shares of Nutanix in a research note on Thursday, May 28th. Wells Fargo & Company lifted their price target on shares of Nutanix from $50.00 to $55.00 and gave the company an “equal weight” rating in a report on Thursday, May 28th. Finally, Northland Securities set a $47.00 price target on shares of Nutanix in a research report on Thursday, May 28th. Ten analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $60.00.

Read Our Latest Report on Nutanix

About Nutanix (Free Report)

Nutanix, Inc is an enterprise cloud computing company that develops software to simplify the deployment and management of datacenter infrastructure. Founded in 2009 and headquartered in San Jose, California, Nutanix is best known for pioneering hyperconverged infrastructure (HCI), an approach that integrates compute, storage and virtualization into a single software-defined platform aimed at reducing complexity and operational overhead in private and hybrid cloud environments.

The company’s product portfolio centers on the Nutanix Cloud Platform, which includes its core AOS software for HCI, Prism for infrastructure management and automation, and a suite of additional services such as Calm for application automation, Files and Volumes for file and block services, Karbon for Kubernetes orchestration, and Era for database management.

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Value ScoreFor value investors, it's all about finding good stocks at good prices, and discovering which companies are trading under their true value before the broader market catches on. The Value Style Score utilizes ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and a host of other multiples to help pick out the most attractive and discounted stocks.

Growth ScoreGrowth investors are more concerned with a stock's future prospects, and the overall financial health and strength of a company. Thus, the Growth Style Score analyzes characteristics like projected and historic earnings, sales, and cash flow to find stocks that will see sustainable growth over time.

Momentum ScoreMomentum investors, who live by the saying "the trend is your friend," are most interested in taking advantage of upward or downward trends in a stock's price or earnings outlook. Utilizing one-week price change and the monthly percentage change in earnings estimates, among other factors, the Momentum Style Score can help determine favorable times to buy high-momentum stocks.

VGM ScoreWhat if you like to use all three types of investing? The VGM Score is a combination of all Style Scores, making it one of the most comprehensive indicators to use with the Zacks Rank. It rates each stock on their combined weighted styles, which helps narrow down the companies with the most attractive value, best growth forecast, and most promising momentum.

How Style Scores Work with the Zacks Rank The Zacks Rank is a proprietary stock-rating model that harnesses the power of earnings estimate revisions, or changes to a company's earnings expectations, to help investors build a successful portfolio.

#1 (Strong Buy) stocks have produced an unmatched +23.94% average annual return since 1988, which is more than double the S&P 500's performance over the same time frame. However, the Zacks Rank examines a ton of stocks, and there can be more than 200 companies with a Strong Buy rank, and another 600 with a #2 (Buy) rank, on any given day.

But it can feel overwhelming to pick the right stocks for you and your investing goals with over 800 top-rated stocks to choose from.

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You want to make sure you're buying stocks with the highest likelihood of success, and to do that, you'll need to pick stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B. If you like a stock that only has a #3 (Hold) rank, it should also have Scores of A or B to guarantee as much upside potential as possible.

As mentioned above, the Scores are designed to work with the Zacks Rank, so any change to a company's earnings outlook should be a deciding factor when picking which stocks to buy.

A stock with a #4 (Sell) or #5 (Strong Sell) rating, for instance, even one with Scores of A and B, will still have a declining earnings forecast, and a greater chance its share price will fall too.

Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.

Stock to Watch: Nutanix (NTNX - Free Report) San Jose, CA-based Nutanix Inc. provides enterprise cloud operating system that combines server, storage, virtualization and networking software into one integrated solution. Nutanix’s solution can be delivered either as an appliance that is configured to order or as software only. The company currently offers two software product families — Acropolis and Prism.

NTNX is a #3 (Hold) on the Zacks Rank, with a VGM Score of B.

Additionally, the company could be a top pick for growth investors. NTNX has a Growth Style Score of A, forecasting year-over-year earnings growth of 17.9% for the current fiscal year.

For fiscal 2026, 13 analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.10 to $1.91 per share. NTNX boasts an average earnings surprise of +19.3%.

With a solid Zacks Rank and top-tier Growth and VGM Style Scores, NTNX should be on investors' short list.

SAN JOSE, Calif., July 15, 2026 (GLOBE NEWSWIRE) -- Nutanix (NASDAQ: NTNX), a leader in hybrid multicloud computing, today unveiled new regulated industry data from its eighth annual Enterprise Cloud Index (ECI) survey and research report shared earlier this year. Serving as a deep-dive companion to the global report, the Healthcare, Financial Services, and Public Sector industry reports reveal how organizations are adapting infrastructure strategies to support growing AI adoption.

Nutanix’s ECI survey indicates that enterprise AI adoption is accelerating across healthcare, financial services, and public sector organizations, but many reported that their infrastructure is not ready to run these workloads at scale. The report identified concerns around shadow AI risks, data sovereignty, compliance, and organizational silos as organizations work to modernize hybrid multicloud environments for AI applications.

While Nutanix’s global ECI survey illustrated a baseline of challenges with AI infrastructure readiness among IT decision-makers, these new analyses reveal that the pressure is significantly magnified within these highly regulated sectors. Enterprise AI adoption is accelerating rapidly across healthcare, financial services, and public sector organizations, yet IT leaders in these fields report a much sharper infrastructure deficit. Because of strict regulatory mandates, these specific industries face heightened exposure to shadow AI risks and data sovereignty violations compared to the global average, transforming generic organizational silos into critical compliance vulnerabilities as they attempt to modernize hybrid multicloud environments.

“Organizations across every industry are working to move their AI projects from experimentation to delivering real business value, but the infrastructure requirements vary significantly depending on sector and workload,” said Thomas Cornely, EVP of Product Management at Nutanix. “The one consistent factor is a need for infrastructure and operating models that deliver flexibility, resiliency, and security to run both traditional and AI-powered applications at scale.”

The rise of shadow AI, when employees or business units use AI tools outside approved IT governance or security oversight, is an ongoing concern that highlights governance gaps in these highly regulated industries. Additionally, organizational silos between business units and IT teams add to the potential complexity of AI use and governance.

Key findings from this year’s report by industry, based on survey responses, include:

Healthcare: AI Innovation Must Balance Security and Compliance

As healthcare organizations transition AI workloads directly to the bedside, application containerization has become foundational to supporting this innovation by providing secure, portable environments that eliminate cloud latency and protect data sovereignty. However, balancing these modern deployments with general on-premises infrastructure readiness remains the industry's primary operational hurdle.

According to the Nutanix ECI Healthcare Report, 72% of healthcare IT leaders cite data sovereignty as a top infrastructure priority.Data from the Nutanix study reveals that 83% of healthcare organizations view unauthorized "shadow AI" tools as a critical business and data risk.The Nutanix ECI study revealed the top AI applications or capabilities healthcare organizations expect to use within the next three years include generative AI (62%), agentic AI or autonomous agents (57%), and predictive analytics or machine learning models (55%).
AI adoption in healthcare is accelerating, driven by the need to improve operational efficiency, enhance patient outcomes, and support innovation in both clinical and administrative workflows. However, challenges such as infrastructure readiness, shadow AI, and operational barriers remain significant. Containers are playing a key role as healthcare organizations seek to support innovation while protecting sensitive patient data and meeting regulatory requirements.

"As we expand facilities and scale modern applications, our underlying infrastructure must deliver localized performance and resilience without compromising patient data privacy. Healthcare organizations are feeling increasing pressure to support AI workloads while ensuring governance, security, and operational consistency across the environment. To enable AI safely at the point of care, organizations must break down silos, align technology and clinical workflows, and maintain clear control over how sensitive data is managed. Utilizing a hybrid approach, anchored by Nutanix, can help lean IT teams simplify operations while balancing innovation, compliance, and performance."

— Benjamin Urquhart, Chief Technology Officer, Five Horizons Health Services

Download the complete Nutanix Healthcare Enterprise Cloud Index Report to explore the full findings.

Financial Services: Resilience and Governance Drive AI Strategies

Financial institutions are aggressively deploying AI to optimize everything from core systems to edge operations, including in-branch personalization, customer service, anomaly detection, and more. However, strict data sovereignty requirements are forcing a shift toward secure, hybrid cloud architectures.

The Nutanix Financial Services ECI Report found that 86% of financial sector executives believe unmanaged shadow AI tools introduce severe business risk.Research from the Nutanix study indicates that 62% of financial services IT leaders expect conversational and agentic AI to materially improve customer or employee experiences.According to Nutanix’s report, 90% of financial services IT leaders report AI is meaningfully accelerating container adoption.
While financial services organizations continue to improve infrastructure to support AI adoption, data protection and other concerns limit public cloud use to just 62% despite 79% citing data sovereignty as a high priority or must-have factor. Containers and hybrid infrastructure are emerging as critical components needed for scaling AI responsibly to support high-performance workloads from core systems to the edge, including in-branch personalization, point-of-sale anomaly detection, and predictive ATM maintenance.

“AI has the potential to transform how we support our families in the homebuying journey, but to truly deliver on that promise, we must bridge the gap between innovation and operational reality. By leveraging agentic AI within a secure, hybrid environment, we are streamlining our mortgage processes while maintaining the high standards of governance and trust our customers expect. This approach allows us to scale our technology footprint with the flexibility needed to stay ahead in a highly regulated industry.”

— Dr. Caleb Ondrusek, EVP Technology and Innovation, Fairway Home Mortgage

Access the complete Nutanix Financial Services Enterprise Cloud Index for detailed industry benchmarks.

Public Sector: Modernization Efforts Accelerate Amid Infrastructure Challenges

Faced with a dual mandate to advance mission outcomes and safeguard public data, government agencies are turning to application containerization to improve the speed, scalability, and security of their AI workloads, even as organizational silos increase the risk of unmanaged shadow AI.

Government and education IT leaders surveyed in the Nutanix Public Sector Report overwhelmingly agree (91%) that unvetted AI usage creates severe mission and security risks.A key takeaway from the Nutanix ECI research is that 73% of public sector infrastructure is currently unready to run complex AI workloads on-premises.Findings from the Nutanix industry study indicate that 87% of public sector technology leaders expect their reliance on application containerization to scale up over the next three years.
The findings show that public sector organizations, including federal, state, and local governments, K-12, and higher education, are incorporating AI into business operations ranging from benefits eligibility to fraud detection. Yet, they are facing barriers in infrastructure readiness, workforce capability, and governance. This drives the urgent need for public sector IT leaders to build modernized hybrid infrastructure that can support the growing needs of this diverse industry.

"Our people are our greatest asset, and they're naturally drawn to tools that help them serve our community better. At the City of Seguin, we embrace AI as a force multiplier for that mission. But enthusiasm without guardrails creates risk, and shadow AI isn't just a security concern; it's a governance gap. Our focus has been on modernizing our infrastructure and building the culture and clear digital policies that channel our team's innovation energy in the right direction, so our staff can innovate confidently within a secure, compliant framework that works for the mission, not against it.”

— Shane McDaniel, Chief Information Officer, City of Seguin, Texas

Read the full findings in the Nutanix Public Sector Enterprise Cloud Index Report.

For the eighth consecutive year, Nutanix commissioned a global research study to assess the state of cloud adoption, containerization, and GenAI application deployment. Conducted in November 2025 by Wakefield Research, the survey gathered responses from 1,600 cloud, IT, and engineering executives with at least a manager-level title. Respondents represent organizations with 500 or more employees across Australia, Brazil, France, Germany, India, Italy, Japan, Mexico, the Netherlands, the Kingdom of Saudi Arabia, Singapore, Spain, the United Kingdom, and the United States.

To learn more about the report and findings, please download the full eighth annual ECI report or industry specific reports here.

Additional Resources:

Nutanix Healthcare Enterprise Cloud Index Blog PostNutanix Financial Services Enterprise Cloud Index Blog PostNutanix Public Sector Enterprise Cloud Index Blog Post
About Nutanix
Nutanix is a hybrid multicloud computing leader, offering organizations a unified software platform for running applications and AI and managing data anywhere. With Nutanix, organizations can simplify operations for traditional and modern applications, freeing them to focus on business goals. Trusted by more than 30,000 customers worldwide, Nutanix helps empower organizations to transform digitally and power hybrid multicloud environments consistently, simply, and cost-effectively. Learn more at www.nutanix.com or follow us on social media.

© 2026 Nutanix, Inc. All rights reserved. Nutanix, the Nutanix logo, and all Nutanix product and service names mentioned herein are registered trademarks or unregistered trademarks of Nutanix, Inc. in the United States and other countries. Other brand names and marks mentioned herein are for identification purposes only and may be the trademarks of their respective holder(s). This press release contains links to external websites that are not part of Nutanix.com. Nutanix does not control these sites and disclaims all responsibility for the content or accuracy of any external site. Our decision to link to an external site should not be considered an endorsement of any content on such a site. This release contains express and implied forward-looking statements, which are not historical facts and are instead based on Nutanix’s current expectations, estimates and beliefs. The accuracy of such statements involves risks and uncertainties and depends upon future events, including those that may be beyond Nutanix’s control, and actual results may differ materially and adversely from those anticipated or implied by such statements. Any forward-looking statements included herein speak only as of the date hereof and, except as required by law, Nutanix assumes no obligation to update or otherwise revise any of such forward-looking statements to reflect subsequent events or circumstances.

Certain information contained in the Nutanix Enterprise Cloud Index report content may link or refer to, or be based on, studies, publications, surveys, and other data obtained from third‑party sources and Nutanix’s own internal estimates and research. While Nutanix believes such third‑party studies, publications, surveys, and other data are reliable as of the date of publication, they have not been independently verified unless specifically stated, and Nutanix makes no representation or warranty as to the adequacy, fairness, accuracy, or completeness of any information obtained from third‑party sources. Our decision to publish, link to, or reference any third‑party content should not be considered an endorsement of that content. This material is provided for informational purposes only and does not constitute legal, financial, or professional advice or a warranty or other binding commitment by Nutanix.

In the latest trading session, Nutanix (NTNX - Free Report) closed at $52.42, marking a +2.22% move from the previous day. The stock's performance was ahead of the S&P 500's daily gain of 0.72%. Elsewhere, the Dow gained 0.3%, while the tech-heavy Nasdaq added 1.12%.

Shares of the enterprise cloud platform services provider have depreciated by 4.4% over the course of the past month, outperforming the Computer and Technology sector's loss of 6.12%, and lagging the S&P 500's loss of 0.9%.

Investors will be eagerly watching for the performance of Nutanix in its upcoming earnings disclosure. The company's upcoming EPS is projected at $0.48, signifying a 29.73% increase compared to the same quarter of the previous year. At the same time, our most recent consensus estimate is projecting a revenue of $737.46 million, reflecting a 12.89% rise from the equivalent quarter last year.

NTNX's full-year Zacks Consensus Estimates are calling for earnings of $1.91 per share and revenue of $2.83 billion. These results would represent year-over-year changes of +17.9% and +11.57%, respectively.

It's also important for investors to be aware of any recent modifications to analyst estimates for Nutanix. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As such, positive estimate revisions reflect analyst optimism about the business and profitability.

Our research shows that these estimate changes are directly correlated with near-term stock prices. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.

Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. Currently, Nutanix is carrying a Zacks Rank of #3 (Hold).

In the context of valuation, Nutanix is at present trading with a Forward P/E ratio of 26.84. Its industry sports an average Forward P/E of 12.96, so one might conclude that Nutanix is trading at a premium comparatively.

Investors should also note that NTNX has a PEG ratio of 1.67 right now. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. The Computers - IT Services industry currently had an average PEG ratio of 1 as of yesterday's close.

The Computers - IT Services industry is part of the Computer and Technology sector. With its current Zacks Industry Rank of 103, this industry ranks in the top 42% of all industries, numbering over 250.

The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.

It has been about a month since the last earnings report for Nutanix (NTNX - Free Report) . Shares have lost about 3.8% in that time frame, underperforming the S&P 500.

Will the recent negative trend continue leading up to its next earnings release, or is Nutanix due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts.

Nutanix Q2 Earnings and Revenues Beat Estimates, Sales Rise Y/YNutanix delivered third-quarter fiscal 2026 non-GAAP earnings of 47 cents per share, which topped the Zacks Consensus Estimate by 34.29% and improved 11.9% year over year.

Revenues rose 10% year over year to $703.1 million, beating the consensus mark by 2.53%.

The average contract duration increased to 3.4 years from 3.1 years in the year-ago quarter. Longer contract duration can help improve revenue visibility for a subscription-heavy model while reflecting customers’ willingness to commit to longer-term platform deployments.

NTNX’s Top-Line Details for Q3Product revenues (51.9% of total revenues) increased 5.6% year over year to $364.9 million. Support, maintenance & other services revenues (48.1% of total revenues) rose 15.2% to $338.1 million.

Subscription revenues (94.6% of total revenues) climbed 9% to $664.8 million from the year-ago quarter’s figure. Professional services and other revenues (5.4% of total revenues) improved 30.5% to $38.3 million.

Annual recurring revenues (ARR) grew 15% year over year to $2.43 billion, reflecting continued momentum in the company’s subscription model.

Nutanix added 730 new logos, up 18% year over year, signaling continued customer acquisition despite what management described as a dynamic environment. The company’s cumulative customer count rose to 31,710 by the end of the quarter, reflecting the steady expansion of its installed base

NTNX’s Operating Details for Q3In the fiscal third quarter, Nutanix’s non-GAAP gross margin contracted 40 basis points year over year to 87.8%.

Non-GAAP operating expenses increased 8% year over year to $460.5 million.

Non-GAAP operating income totaled $156.5 million, up 14.2% from the year-ago quarter.

Non-GAAP operating margin was 22.3%, up 80 bps from the year-ago quarter. The company highlighted that operating income expanded from the prior-year period, driven by improved operating leverage alongside revenue growth.

NTNX’s Balance Sheet & Cash FlowAs of April 30, 2026, cash and cash equivalents plus short-term investments totaled $2.01 billion, up from $1.87 billion as of Jan. 31, 2026.

During the third quarter of fiscal 2026, cash generated from operating activities was $207.5 million and free cash flow was $197.2 million, underscoring the company’s ability to translate operating execution into cash even as it continues investing in growth initiatives.

Shareholder returns also received an incremental lift. Nutanix announced that its board authorized an additional $750 million of common stock under the company’s existing share repurchase program, expanding capacity for potential buybacks going forward.

NTNX Raises FY26 GuidanceNTNX raised its fiscal 2026 guidance across metrics, reflecting confidence in business momentum. For the fourth quarter of fiscal 2026, the company guided revenues to $725-$745 million and non-GAAP operating margin to 21-23%, with diluted weighted average shares outstanding expected to be approximately 292 million.

For fiscal 2026, NTNX now expects revenues of $2.82-$2.84 billion, non-GAAP operating margin of approximately 22.5% and free cash flow of $760-$780 million. Management noted that server hardware shortages and partner pricing increases continue to affect the timing of converting bookings into revenues, an impact that the updated outlook incorporates into expectations for the fiscal fourth quarter and into fiscal 2027.

How Have Estimates Been Moving Since Then?In the past month, investors have witnessed a downward trend in estimates revision.

The consensus estimate has shifted 6.42% due to these changes.

VGM ScoresAt this time, Nutanix has a strong Growth Score of A, though it is lagging a lot on the Momentum Score front with a C. Charting a somewhat similar path, the stock has a grade of D on the value side, putting it in the bottom 40% for value investors.

Overall, the stock has an aggregate VGM Score of B. If you aren't focused on one strategy, this score is the one you should be interested in.

OutlookEstimates have been broadly trending downward for the stock, and the magnitude of these revisions indicates a downward shift. Interestingly, Nutanix has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.

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Nutanix (NTNX) came out with quarterly earnings of $0.47 per share, beating the Zacks Consensus Estimate of $0.35 per share. This compares to earnings of $0.42 per share a year ago.

Nutanix NASDAQ: NTNX reported fiscal third-quarter results above its guidance ranges, with management pointing to healthy demand for hybrid cloud, application modernization and AI-related offerings, while also warning that server hardware supply constraints and higher prices continue to affect customer timelines.

Nutanix, Inc. (NTNX) Q3 2026 Earnings Call Transcript

SAN JOSE, Calif., May 28, 2026 (GLOBE NEWSWIRE) -- Nutanix, Inc. (NASDAQ: NTNX ), a leader in hybrid multicloud computing, today announced that its management will present at the following upcoming financial community event:

Nutanix Unified Storage validated at enterprise level to support NVIDIA-powered AI infrastructure for production workloads Nutanix advances AI-native storage with planned NVIDIA BlueField-4 STX support SAN JOSE, Calif., June 01, 2026 (GLOBE NEWSWIRE) -- Nutanix (NASDAQ:  NTNX ), a leader in hybrid multicloud computing, today announced the Nutanix Unified Storage (NUS) solution is NVIDIA-Certified at the enterprise level.

Nutanix Inc (NASDAQ:NTNX) has announced that its Nutanix Unified Storage (NUS) solution has achieved Nvidia-Certified status at the enterprise level, validating the product for use with Nvidia Corp (NASDAQ:NVDA, XETRA:NVD)'s accelerated-computing systems. The designation certifies Nutanix at the enterprise level under Nvidia's certification program, which tests storage and infrastructure products against the performance, security and scale requirements for large-scale production AI workloads.