Nutanix Q3 revenue rises on strong bookings, customer growth

[출처/시간] Reuters - 4:13 PM ET, 05/27/2026

Overview

* Hybrid multicloud computing firm's fiscal Q3 revenue rose ?10%, beating analyst expectations
* Adjusted operating ?income for Q3 beat consensus, driven by ?strong bookings and new customer growth
* Company raised share repurchase authorization by $750 mln

Outlook

* Nutanix sees Q4 revenue between $725 mln and $745 mln
* Company expects Q4 non-GAAP operating margin of 21% to 23%
* Nutanix raises FY 2026 guidance, sees revenue at $2.82-$2.84 bln

Result Drivers

* SOLID DEMAND - Co said Q3 results were driven by strong bookings, healthy new customer additions, and solid free cash flow ?performance, per CEO Rajiv Ramaswami
* PRODUCT INNOVATION & PARTNERSHIPS - Co highlighted ?new ?innovations and partnerships in AI, modern applications, and external storage ?as supporting growth opportunities

Company press release:

Key Details



Metric Beat/Mis Actual Consensu
s s
Estimate


Q3 Beat $703.10 $686.37
Revenue mln mln (14
Analysts
)
Q3 Gross 86.90%
Margin
Q3 Beat $156.50 $115.71
Adjusted mln mln (14
Operatin Analysts
g Income )
Q3 87.80%
Adjusted
Gross
Margin
Q3 22.30%
Adjusted
Operatin
g Margin
Q3 $2.43
Annual bln
Recurrin
g
Revenue

Analyst Coverage

* The current average analyst rating on the shares is "buy" ?and the breakdown ?of recommendations is 10 "strong buy" or "buy", 9 "hold" and ?no "sell" or "strong sell"
* The average consensus recommendation for the ?it services & consulting peer group is "buy"
* Wall Street's median 12-month ?price ?target for
Nutanix Inc
is $60.00, about ?28.9% above its May 26 closing price of $46.55
* The ?stock recently traded at 22 times the next 12-month earnings vs. a P/E of 20 three months ago

For questions ?concerning the data in ?this report, contact Estimates.Support@lseg.com. For ?any other questions or feedback, contact .

(This story was created using Reuters ?automation and AI based on LSEG and company data. It was checked and edited ?by a Reuters journalist ?prior to publication.)