Nutanix reported 18% YoY ARR growth and solid free cash flow performance for the first quarter of fiscal 2026.
The company saw strong demand for its cloud platform, exceeding expectations in bookings and adding new logos.
Partnerships with Dell and Microsoft were expanded to support PowerStore and Azure Virtual Desktop.
ARR Growth
18% year-over-year growth in Annual Recurring Revenue.
Bookings
Bookings slightly ahead of expectations with future revenue shift from Q1.
Partnerships
Expanded partnerships with Dell and Microsoft for cloud platform support.
Financial Performance
Solid free cash flow performance and raised free cash flow guidance for the full year.
- The company's revenue for the first quarter reached $670.6 million, showing a 13% growth compared to the same period last year.
- Nutanix's GAAP and non-GAAP operating margins improved, indicating strong operational performance.
- Net cash provided by operating activities and free cash flow also showed positive growth, reflecting a healthy financial position.
Nutanix's strong financial results for the first quarter of fiscal 2026, coupled with the positive outlook for the second quarter and full year, demonstrate the company's resilience and growth in the hybrid multicloud computing sector.