earnings
confidence high
sentiment positive
materiality 0.75
Nutanix Q4 ARR $1.91B (+22% YoY); first full year of positive GAAP operating income
Nutanix, Inc.
2024-FY EPS reported
-$0.51
revenue$2,148,816,000
- Q4 revenue $548M (+11% YoY); ARR $1.91B (+22% YoY); ACV billings $338M (+21% YoY).
- Full year GAAP operating income $7.6M, first positive year; vs loss $(207.2)M in FY23.
- Free cash flow $597.7M for FY24, up from $207.0M in FY23; operating cash flow $672.9M.
- Non-GAAP operating margin 16.2% for FY24 vs 8.6% in FY23; all Q4 guided metrics outperformed.
- Partnerships expanded: new/enhanced agreements with Cisco, NVIDIA, and Dell during FY24.