Nutanix, Inc. (NASDAQ: NTNX) closed fiscal 2026 with record fourth-quarter revenue of $757 million, above its $725 million to $745 million guidance range, and full-year revenue of $2.854 billion, up 12%. Annual recurring revenue rose 16% to $2.549 billion, while free cash flow reached $841 million, producing a Rule of 40 score of 42% for the third consecutive year. The company added more than 3,000 customers and said external storage, Nutanix Cloud Clusters and emerging AI products are expanding its growth opportunities. Nutanix forecast fiscal 2027 revenue of $3.18 billion to $3.23 billion, non-GAAP operating margin of 24% to 25% and free cash flow of $850 million to $950 million. The outlook includes a restructuring affecting about 5% of its global workforce and assumes server shortages and elevated hardware prices will continue. Nutanix also expects its partnerships with Dell, Pure Storage and NetApp, as well as an agreement with AMD to deploy Agentic AI on AMD GPU solutions, to support growth.