Nutanix(US:NTNX)2025-02-26 21:43Q2 FY2025 Performance Highlights - Revenue reached $654.7 million, a 16% year-over-year increase, exceeding the guidance of $635 - $645 million[7, 12] - Non-GAAP Operating Margin was 24.6%, up 270 bps year-over-year, also surpassing the guidance of 20% to 21%[7, 12] - Annual Recurring Revenue (ARR) grew to $2.06 billion, a 19% year-over-year increase[7, 12] - Free Cash Flow was $187.1 million, an increase of $24.5 million year-over-year[12] - The company added 710 new logos, marking the second consecutive quarter with over 50% year-over-year growth[7] Financial Guidance Updates - Q3 2025 revenue is projected to be between $620 million and $630 million[20] - Q3 2025 Non-GAAP Operating Margin is expected to be between 17% and 18%[20] - FY25 revenue guidance was raised to $2.495 - $2.515 billion[7, 22] - FY25 Non-GAAP Operating Margin guidance was raised to 17.5% - 18.5%[7, 22] - FY25 Free Cash Flow guidance was raised to $650 - $700 million[7, 22] Other Key Developments - The company issued $862.5 million of convertible senior notes and established a $500 million revolving credit facility[7]