Nutanix FY26: Revenue +12.4% to $2.85B; net income soars to $1.51B

Filed September 18, 2026 · Period ending July 31, 2026 · Compared to 10-K Sep 24, 2025 · ~1 min read

Key Changes

• high

  Net income jumped to $1.51B (+700%), driven by a $1.2B income tax benefit from releasing the valuation allowance on U.S. deferred tax assets — not from operations.

  MD&A: Net income and tax benefit verify on EDGAR →
• high

  Operating income rose 59% to $274.0M, but the net-income surge reflects a below-the-line tax benefit; operating margin improved to 9.6% from 6.8%.

  MD&A: Operating income verify on EDGAR →
• high

  Revenue grew 12.4% to $2.85B, decelerating from 18% growth in FY25; hardware component shortages became acute, raising prices and lead times.

  MD&A: Revenue growth verify on EDGAR →