Revenue: As of FY2026 Q1, the actual value is USD 670.58 M, missing the estimate of USD 676.65 M.EPS: As of FY2026 Q1, the actual value is USD 0.21, beating the estimate of USD 0.154.EBIT: As of FY2026 Q1, the actual value is USD 32.49 M.<h3>Segment Revenue</h3><ul><li>Product Revenue: Increased by $47.1 million, or 16%, for the three months ended October 31, 2025, compared to the prior year period, primarily due to increased software revenue from growth in software renewals and customer expansion.</li><li>Support, Maintenance, and Other Services Revenue: Increased by $32.5 million, or 11%, for the three months ended October 31, 2025, compared to the prior year period, driven by growth in the end customer base and related subscription contracts and renewals.</li></ul><h3>Operational Metrics</h3><ul><li>Net Income: Increased from $29.9 million for the three months ended October 31, 2024, to $62.1 million for the same period in 2025.</li><li>Gross Margin: Improved from 86.0% to 87.0% for the three months ended October 31, 2025.</li><li>Operating Income: Increased from $27.3 million to $49.3 million for the three months ended October 31, 2025.</li><li>Operating Margin: Improved from 4.6% to 7.4% for the three months ended October 31, 2025.</li></ul><h3>Cash Flow</h3><ul><li>Net Cash Provided by Operating Activities: Increased from $161.8 million to $196.8 million for the three months ended October 31, 2025.</li><li>Free Cash Flow: Increased from $151.9 million to $174.5 million for the three months ended October 31, 2025.</li></ul><h3>Unique Metrics</h3><ul><li>Annual Recurring Revenue (ARR): Increased from $1,942.9 million to $2,284.1 million as of October 31, 2025.</li></ul><h3>Future Outlook and Strategy</h3><ul><li>Core Business Focus: Nutanix plans to continue investing in initiatives that support long-term growth, including the development of solutions and sales and marketing efforts aimed at capitalizing on market opportunities, while focusing on improving operating cash flow through operational efficiencies.</li><li>Non-Core Business: Nutanix intends to leverage relationships with channel and OEM partners and expand its network of cloud and ecosystem partners to drive adoption and sales of its solutions.</li><li>Priority: The company aims to sustain profitable growth by balancing investments in growth initiatives with operational efficiencies.</li></ul>

Nutanix | 10-Q: FY2026 Q1 Revenue Misses Estimate at USD 670.58 M