Nutanix Beats Q4 Estimates and Pushes Into AI Infrastructure With AMD Backing

Overview

• In the latest quarter Nutanix reported revenue of $757.1 million, adjusted operating income of $198 million, and full‑year annual recurring revenue of $2.55 billion, all above Wall Street forecasts.
• The company highlighted strong cash generation with fiscal 2026 free cash flow of $840.7 million and a fourth‑quarter free cash flow print that exceeded expectations.
• Nutanix is rolling out AI infrastructure offerings including a Model Context Protocol server and Nutanix Enterprise AI 2.8, and it announced partnerships with ChronoScale and availability on Dell Private Cloud with PowerStore to support enterprise AI workloads.
• AMD earlier committed to buying $150 million of Nutanix stock and providing up to $100 million in co‑development funds for an agentic AI platform, a move investors cited in lifting the stock about 6% in premarket trading after the results.
• Management guided fiscal 2027 revenue to $3.18 billion–$3.23 billion, a midpoint slightly below analyst expectations, leaving a near‑term uncertainty even as analysts kept constructive ratings and raised price targets; this result could speed deployments of AI on hybrid cloud stacks if bookings continue to accelerate.