Filing Flows › Nutanix (NTNX) › Q3 FY26
Nutanix (NTNX) Q3 FY26 earnings results (third quarter fiscal 2026)
10-Q filed May 29, 2026
Nutanix (NTNX) reported revenue of $703M for the third quarter fiscal 2026 (Q3 FY26), +10% from a year earlier and -3% from the quarter before. Operating margin was 10.0%, net earnings $72.1M (10.3% of revenue).
Nutanix, Q3 FY26: revenue $703M (+10% year over year), operating margin 10.0%, net earnings $72.1M, operating cash flow $208M. The chart follows the revenue to costs, profit and cash.
| Q3 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $703M | -3% | +10% |
| Gross profit | $611M | -3% | +10% |
| Operating profit | $70.5M | -16% | +45% |
| Net earnings | $72.1M | -30% | +14% |
| Operating cash flow | $208M | +5% | -5% |
| Free cash flow | $197M | +3% | -3% |
What changed
Revenue was $703.1M in Q3 FY26, up 10% year over year and down 3% from the previous quarter. Subscriptionand Circulation Software Termbased Licenses was the largest line at 49% of revenue. Subscriptionand Circulation Software Entitlementand Support Subscription added $42.9M year over year (up 15%), 67% of the total change.
Gross margin was 86.9%, down 0.1 points from Q3 FY25. Operating profit was $70.5M, a 10.0% margin (up 2.4 points year over year). Of the extra revenue versus Q3 FY25, 34% reached operating profit, above the 8% margin then. Operating expenses grew 6% against revenue growth of 10%. Net earnings were $72.1M, up 14% year over year. The effective tax rate was 11.3%.
Operating cash flow was $207.5M (down 5% year over year), 288% of net earnings. Non-cash charges added back $17.2M of depreciation and amortization and $82.8M of share-based compensation. Working capital and other items added $35.4M. Capital expenditures of $10.3M left free cash flow of $197.2M.
Questions
What was Nutanix's revenue in the third quarter fiscal 2026?
Nutanix (NTNX) reported revenue of $703M for the third quarter fiscal 2026 (Q3 FY26), +10% from a year earlier and -3% from the quarter before.
Was Nutanix profitable in the third quarter fiscal 2026?
Operating profit was $70.5M (10.0% of revenue) and net earnings $72.1M.
Source: Nutanix 10-Q on SEC EDGAR.