Overview

• Nutanix reported Q2 fiscal 2025 revenue of $654.7 million, a 16% year-over-year increase, exceeding analyst expectations of $642 million.
• Adjusted earnings per share reached $0.56, surpassing the consensus estimate of $0.47, with operating margins expanding by 270 basis points to 24.6%.
• The company's annual recurring revenue grew 19% year-over-year to $2.06 billion, reflecting strong demand for its hybrid multicloud solutions.
• Nutanix raised its full-year revenue guidance to $2.495 billion–$2.515 billion, up from its prior forecast, and improved its free cash flow projection to $650 million–$700 million.
• NTNX stock rose over 14% in premarket trading, buoyed by customer gains from competitors like VMware and increased engagement through partnerships with Cisco and Dell.