Nutanix Q3 FY26 non-GAAP net income rises to $136.2 million; revenue increases 10% year-over-year to $703.1 million

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Nutanix posted Q3 FY2026 revenue of $703.1 million, up 10% year over year; operating income rose to $70.5 million from $48.7 million.
Annual recurring revenue climbed 15% from a year earlier to $2.43 billion; average contract duration increased 0.3 years to 3.4 years.
Free cash flow slipped to $197.2 million from $203.4 million; GAAP gross margin narrowed 0.1 percentage point to 86.9%.
Net income eased to $72.1 million from $63.4 million; diluted earnings per share rose to $0.47 from $0.42.
Board expanded share repurchase authorization by $750 million; Rajiv Ramaswami cited strong bookings, new logos, and AI and external-storage partnerships.

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