Financial Data and Key Metrics Changes - Nutanix reported quarterly revenue of $525 million, exceeding the guided range of $510 million to $520 million, representing a year-over-year growth rate of 17% [18] - Annual Recurring Revenue (ARR) grew 24% year-over-year to $1.82 billion [8][18] - Non-GAAP gross margin was 86.5%, higher than the guided range of approximately 85% [19] - Non-GAAP operating margin was 14%, exceeding the guided range of 7.5% to 8.5% [19] - Free cash flow in Q3 was $78 million, representing a free cash flow margin of 15% [20] Business Line Data and Key Metrics Changes - ACV billings in Q3 were $289 million, above the guided range of $265 million to $275 million, representing year-over-year growth of 20% [18] - The company experienced modestly elongated average sales cycles compared to historical levels, with average contract duration in Q3 being three years, higher than Q2 [18] Market Data and Key Metrics Changes - The number of opportunities greater than $1 million in ACV in the pipeline has grown at higher than 30% for each of the last three quarters compared to the corresponding quarters last year [23] - The dollar amount of pipeline from opportunities greater than $1 million in ACV has grown at well over 50% for each of the last three quarters compared to the corresponding quarters last year [23] Company Strategy and Development Direction - Nutanix is focusing on enhancing the functionality of its cloud platform and broadening partnerships, particularly in support of modern applications and enterprise AI [12] - The company announced partnerships with Hugging Face and NVIDIA to enhance its enterprise AI offerings [13] - Nutanix is also expanding its partnership with Dell to deliver integrated hyper-converged solutions [15] Management's Comments on Operating Environment and Future Outlook - Management noted steady demand for solutions driven by businesses prioritizing digital transformation and infrastructure modernization [7] - The company expects continued variability in timing and outcomes for larger deals due to longer sales cycles and strategic decision-making processes [24] - Management remains committed to driving top-line growth and strong free cash flow generation [52] Other Important Information - Nutanix's annual .NEXT conference in Barcelona attracted over 4,000 attendees, showcasing the company's innovations and partnerships [12] - The company has repurchased approximately $106 million worth of shares year-to-date through Q3 '24 [20] Q&A Session Summary Question: Insights on extending AHP to support compute-only nodes - Management explained that supporting AHP with Dell PowerFlex allows faster entry into accounts without requiring hardware refresh, facilitating migration to HCI architecture [28][29] Question: Size of the eight-figure deal and its impact on free cash flow guidance - Management refrained from disclosing specific deal sizes but confirmed that the deal's total contract value was larger than expected, contributing positively to free cash flow guidance [34] Question: Updates on partnerships with Cisco - Management reported good progress with Cisco, including new wins and certification of Nutanix's hypervisor to run on Cisco UCS servers [36][38] Question: Changes in guidance philosophy due to larger deal variability - Management stated that the guidance philosophy remains unchanged, focusing on creating visibility and scrutiny around pipeline opportunities [70] Question: Trends in repatriation and hybrid cloud - Management noted that while repatriation is not a major trend, there are instances of customers moving workloads back on-prem, emphasizing the need for modern applications in a hybrid cloud model [86][87]

Exhibit 99.1 Nutanix Reports Third Quarter Fiscal 2024 Financial Results Reports 24% YoY ARR Growth and Strong Year-to-Date Free Cash Flow Delivers Outperformance Across All Third Quarter Guided Metrics SAN JOSE, Calif. – May 29, 2024 – Nutanix, Inc. (NASDAQ: NTNX), a leader in hybrid multicloud computing, today announced financial results for its third quarter ended April 30, 2024. "We delivered solid third quarter results reflecting disciplined execution and the strength of our business model," said Rajiv ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended January 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-37883 NUTANIX, INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or o ...

Q2 FY2024 Earnings February 28, 2024 Safe Harbor Non-GAAP Financial Measures and Other Key Performance Measures To supplement our consolidated financial statements, which are prepared and presented in accordance with GAAP, this presentation includes the following non-GAAP financial and other key performance measures: non-GAAP gross margin, non-GAAP operating expenses, non-GAAP operating income, non-GAAP operating margin, free cash flow, Annual Contract Value Billings (or ACV Billings), Annual Recurring Reve ...

Nutanix, Inc. (NASDAQ:NTNX) Q2 2024 Earnings Conference Call February 28, 2024 4:30 PM ET Company Participants Rich Valera - VP, IR Rajiv Ramaswami - President and CEO Rukmini Sivaraman - CFO Conference Call Participants Jim Fish - Piper Sandler Jason Ader - William Blair Wamsi Mohan - Bank of America Pinjalim Bora - JPMorgan George Wang - Barclays Michael Cikos - Needham Meta Marshall - Morgan Stanley Erik Suppiger - JMP Ben Bollin - Cleveland Research Victor Chiu - Raymond James Operator Good day and than ...

Exhibit 99.1 Nutanix Reports Second Quarter Fiscal 2024 Financial Results Reports 26% YoY ARR Growth and Strong Free Cash Flow Delivers Outperformance Across All Second Quarter Guided Metrics SAN JOSE, Calif. – February 28, 2024 – Nutanix, Inc. (NASDAQ: NTNX), a leader in hybrid multicloud computing, today announced financial results for its second quarter ended January 31, 2024. “Our disciplined execution enabled us to deliver a solid second quarter financial performance against an uncertain, but stable ma ...

☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended October 31, 2023 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-37883 NUTANIX, INC. (Exact name of registrant as specified in its charter) | Delaware | | --- | (State or other jurisdiction ...

Nutanix, Inc. (NASDAQ:NTNX) Q1 2024 Results Conference Call November 29, 2023 4:30 PM ET Company Participants Rich Valera - VP, IR Rajiv Ramaswami - President and CEO Rukmini Sivaraman - CFO Conference Call Participants Pinjalim Bora - JPMorgan Jim Fish - Piper Sandler Matt Hedberg - RBC Capital Markets George Wang - Barclays Michael Cikos - Needham Erik Suppiger - JMP Ben Bollin - Cleveland Research Wamsi Mohan - Bank of America Operator Good day and thank you for standing by. Welcome to the Nutanix Q1 202 ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended July 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-37883 NUTANIX, INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization ...

Nutanix, Inc. (NASDAQ:NTNX) Q4 2023 Earnings Conference Call August 31, 2023 4:30 PM ET Company Participants Richard Valera - Vice President, Investor Relations Rajiv Ramaswami - President and Chief Executive Officer Rukmini Sivaraman - Chief Financial Officer Conference Call Participants Pinjalim Bora - JPMorgan Jim Fish - Piper Sandler Meta Marshall - Morgan Stanley Mike Cikos - Needham George Wang - Barclays Mehdi Hosseini - SIG Erik Suppiger - JMP Securities Ruplu Bhattacharya - Bank of America Nehal Ch ...