Nutanix, Inc. - Class A (NTNX) · Full Year 2026
NTNX — FY2026 (Year Ended July 31, 2026) Annual Report Analysis
Nutanix grew FY2026 revenue 12% to $2.85 billion and expanded non-GAAP operating margin to 23.7%, but its eightfold jump in GAAP net income to $1.51 billion came almost entirely from a $1.2 billion non-cash release of its U.S. deferred-tax valuation allowance.