Here are the 10-K annual reports from Nutanix, Inc. (NTNX) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-K covers the audited annual report, with the full financial statements, so if you follow NTNX and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full NTNX filings page.
Nutanix, Inc. (NTNX) reports strong results for the fiscal year ended July 31, 2026, as a hybrid cloud and AI platform provider focused on unified infrastructure software for applications, data, and AI across data centers, edge, and public clouds.
Total revenue reached $2.85 billion, up from $2.54 billion in 2025, with both product and support/services contributing to growth. Income from operations rose to $274.0 million from $172.5 million, while net income jumped to $1.51 billion, driven largely by a $1.18 billion tax benefit from releasing a valuation allowance on U.S. deferred tax assets.
Nutanix generated $916.7 million of net cash from operating activities and ended 2026 with $3.03 billion in current assets and a net deferred tax asset of $1.22 billion. The company repurchased $483.5 million of Class A shares under an expanded $1.45 billion authorization and raised $150.0 million via a private placement, while maintaining $1.36 billion of convertible senior notes and an undrawn $500.0 million revolving credit facility. Stockholders’ equity improved from a deficit of $694.5 million to positive equity of $702.6 million.
Nutanix reported continued subscription-led growth and updated capital allocation authority. Subscription revenue classified as ratable and upfront rose materially: ratable subscription components were $905.8M, $1,029.0M and $1,138.4M for fiscal 2023–2025, while upfront subscription software license revenue was $825.0M, $987.8M and $1,272.4M for the same years, showing strong year‑over‑year increases.
The Board expanded the share repurchase program: an initial $350.0M authorization from August 2023 was increased by $350.0M in August 2025, with no expiration and repurchases to occur at management discretion. Unbilled accounts receivable were $41.1M and $83.5M as of July 31, 2024 and 2025, respectively. Non‑portable software revenue declined from $37.4M (2023) to $10.8M (2025). The filing discloses low effective interest rates on convertible notes (0.52% for 2027 Notes; 0.93% for 2029 Notes) and $500.0M principal outstanding of the 2027 Notes after a stated transaction.