Nutanix Inc. shares rose 5.7% in after-hours trading after the company reported fourth-quarter fiscal 2026 results that exceeded analyst expectations.
The San Jose-based cloud computing provider posted adjusted earnings per share of $0.60, surpassing the $0.49 estimate from analysts. Revenue totaled $757.1 million, a 16% increase from $653.3 million in the same period a year earlier and above the $738.31 million consensus forecast.
Annual recurring revenue climbed 16% year-over-year to $2.55 billion, while adjusted operating margin expanded to 26.2% from 18.3% in the prior-year quarter. Free cash flow for the quarter reached $277.6 million, up from $207.8 million a year ago.
For the full fiscal year 2026, Nutanix reported revenue of $2.85 billion, a 12% increase from $2.54 billion in fiscal 2025. Full-year free cash flow totaled $840.7 million, compared with $750.2 million in the prior year. The company added more than 3,000 new customers during the period.
Management provided guidance for the first quarter of fiscal 2027, projecting revenue between $755 million and $765 million, with a midpoint of $760 million. For the full fiscal year 2027, Nutanix expects revenue in the range of $3.180 billion to $3.230 billion, adjusted operating margins of 24% to 25%, and free cash flow of $850 million to $950 million.
CEO Rajiv Ramaswami said the quarter marked a strong conclusion to fiscal 2026, highlighting solid top- and bottom-line performance alongside customer growth.
