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Compared to Estimates, Nutanix (NTNX) Q1 Earnings: A Look at Key Metrics

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Nutanix (NTNX - Free Report) reported $670.58 million in revenue for the quarter ended October 2025, representing a year-over-year increase of 13.5%. EPS of $0.41 for the same period compares to $0.42 a year ago.

The reported revenue compares to the Zacks Consensus Estimate of $676.42 million, representing a surprise of -0.86%. The company has not delivered EPS surprise, with the consensus EPS estimate being $0.41.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

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): $2.28 billion compared to the $2.26 billion average estimate based on 10 analysts.
  • Total Billings: $708.08 million versus the five-analyst average estimate of $715.52 million.
  • Revenue- Support, maintenance and other services: $321.57 million versus $326.26 million estimated by 11 analysts on average. Compared to the year-ago quarter, this number represents a +11.3% change.
  • Revenue- Product: $349 million versus $350.98 million estimated by 11 analysts on average. Compared to the year-ago quarter, this number represents a +15.6% change.
  • Disaggregation of Revenue- Subscription revenue: $637.84 million compared to the $642.75 million average estimate based on seven analysts. The reported number represents a change of +13.8% year over year.

View all Key Company Metrics for Nutanix here>>>

Shares of Nutanix have returned -16.2% over the past month versus the Zacks S&P 500 composite's -1.2% 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.

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