Nutanix Q4 Operating Margin Nearly Doubles to 9.2% as Revenue Grows 16%
Nutanix reported strong fiscal Q4 operating leverage as revenue and annual recurring revenue rose 16% and profitability accelerated. Non-GAAP operating income climbed to $198 million from $119.5 million, and free cash flow increased to $277.6 million from $207.8 million, with operating cash flow of $315 million. Results were driven by demand for its hybrid multicloud platform, customer expansion, partnerships, and focus on AI-related workloads.