Nutanix, Inc. has recently released its 10-K report, detailing its business operations and financial performance for the fiscal year ended July 31, 2025. The company provides an enterprise cloud platform across various regions, offering hyperconverged infrastructure software, virtualization solutions, networking services, and cloud management, catering to a wide range of industries.
In the fiscal year ended July 31, 2025, Nutanix reported total revenue of $2.54 billion, marking an 18% increase from the previous year. The annual recurring revenue (ARR) reached $2.22 billion, showing a steady growth trajectory. The company's gross margin improved to 86.8%, while non-GAAP gross margin stood at 88.1%. Nutanix achieved a significant increase in non-GAAP operating income, reaching $536.12 million, with a non-GAAP operating margin of 21.1%.
The company's total end customers expanded to 29,290 by the end of the fiscal year, reflecting Nutanix's continued customer acquisition efforts. The revenue disaggregation revealed that subscription revenue accounted for the majority of the total revenue, amounting to $2.41 billion, followed by professional services revenue and other non-subscription product revenue.
Nutanix also emphasized key performance metrics such as ARR, non-GAAP gross profit, non-GAAP operating expenses, non-GAAP operating income, and free cash flow. These metrics are crucial for evaluating the company's growth, operational efficiencies, and financial performance.
The 10-K report highlighted the company's focus on sustaining profitable growth through investments in product development and sales and marketing efforts, while simultaneously improving operating cash flow. Nutanix's transition to a subscription-based business model and its ability to cater to diverse industries and customer segments are significant factors contributing to its financial success. Following these announcements, the company's shares moved -1.58%, and are now trading at a price of $74.885. For the full picture, make sure to review Nutanix's 10-K report.