For the quarter ended April 2026, Nutanix (NTNX) reported revenue of $703.07 million, up 10% over the same period last year. EPS came in at $0.47, compared to $0.42 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $685.75 million, representing a surprise of +2.53%. The company delivered an EPS surprise of +35.1%, with the consensus EPS estimate being $0.35.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Nutanix performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Annual Recurring Revenue (ARR): $2.43 billion compared to the $2.42 billion average estimate based on nine analysts. Remaining Performance Obligations- Total: $3077.79 billion versus $2932.23 billion estimated by two analysts on average. Revenue- Support, maintenance and other services: $338.13 million versus $328.96 million estimated by 11 analysts on average. Compared to the year-ago quarter, this number represents a +15.2% change. Revenue- Product: $364.94 million versus the 11-analyst average estimate of $357.28 million. The reported number represents a year-over-year change of +5.6%. Disaggregation of Revenue- Professional services revenue: $38.27 million versus the seven-analyst average estimate of $29.99 million. The reported number represents a year-over-year change of +36.7%. Disaggregation of Revenue- Subscription revenue: $664.79 million compared to the $654.5 million average estimate based on seven analysts. The reported number represents a change of +9% year over year.View all Key Company Metrics for Nutanix here>>>
Shares of Nutanix have returned +12.7% over the past month versus the Zacks S&P 500 composite's +5.1% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.Beyond Nvidia: AI's Second Wave Is Here
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This article originally published on Zacks Investment Research (zacks.com).