Nutanix Reports 13% Revenue Growth to $670.6 Million in Latest Quarter

Nutanix, Inc. reported significant financial growth in its latest quarterly results, with total revenue reaching $670.6 million for the three months ended October 31, 2025, marking a 13% increase from $591.0 million in the same period last year. The company's product revenue rose by 16% to $349.0 million, while support and maintenance services increased by 11% to $321.6 million. This growth was attributed to a larger customer base, which expanded to approximately 29,930 end customers, up from 27,160 a year earlier, and increased adoption of its software solutions.

The company also demonstrated improved profitability, with net income more than doubling to $62.1 million, compared to $29.9 million in the prior year. This resulted in a net income per share of $0.23, up from $0.11. Operating income increased to $49.3 million, reflecting a higher operating margin of 7.4%, compared to 4.6% in the previous year. The gross profit margin also improved slightly to 87.0%, up from 86.0%, indicating better cost management alongside revenue growth.

In terms of operational developments, Nutanix has continued to invest in its research and development efforts, with R&D expenses rising by 8% to $187.5 million. The company is focused on enhancing its product offerings and integrating new technologies, particularly in the areas of enterprise AI and hybrid multicloud solutions. Additionally, Nutanix has been expanding its sales and marketing initiatives, which contributed to a 13% increase in sales and marketing expenses to $285.2 million, as the company aims to capitalize on market opportunities and improve its sales pipeline.

Geographically, revenue from the United States increased by 16% to $386.0 million, while revenue from Europe, the Middle East, and Africa rose by 15% to $173.8 million. However, revenue from the Asia Pacific region saw a decline of 6% to $90.1 million. The company continues to leverage its partnerships with channel and original equipment manufacturer (OEM) partners to drive sales and expand its market presence.

Looking ahead, Nutanix plans to maintain its focus on long-term growth through continued investment in product development and operational efficiencies. The company aims to improve its operating cash flow while reducing sales and marketing expenses as a percentage of revenue. Nutanix's management expressed confidence in sustaining profitable growth, despite the competitive landscape and potential macroeconomic challenges. The company remains committed to enhancing its subscription-based business model, which is designed to provide flexibility and value to its customers.