Nutanix shares jumped 8.3% in afternoon trading after the company reported second-quarter CY2026 financial results that beat Wall Street expectations and issued strong revenue guidance. The hybrid multicloud computing company posted revenue of $757.1 million, up 15.9% year-over-year, surpassing the consensus estimate of $737.9 million. Adjusted earnings per share came in at $0.60, a 23.6% beat over the expected $0.49. Billings rose 18.5% to $873.5 million, and annual recurring revenue grew 15.8% to $2.55 billion. Operating margin expanded to 9.2% from 4.8% a year ago, and free cash flow reached $277.6 million, a 36.7% margin. For the third quarter, Nutanix guided revenue to a midpoint of $760 million, roughly in line with expectations.
Nutanix IncQ2 revenue and EPS beat estimates, with strong guidance and improved margins.
