Nutanix cuts FY26 revenue view to $2.8B-$2.84B from $2.82B-$2.86B

Consensus $2.84B. Backs FY26 operating margin view 21%-22%. Sees FY26 free cash flow $745M-$775M. “We saw healthy demand in our second quarter, as reflected in results that exceeded the high end of the range for all of our guided metrics. However, as the quarter progressed, we saw supply chain constraints driving longer server lead times for our customers,” said Rukmini Sivaraman, CFO of Nutanix (NTNX). “We expect this dynamic to have some impact on the timing of our near-term revenue and free cash flow. We have factored this in our Q3 and updated full-year guidance. Bookings expectations are higher than before. Revenue and free cash flow from these bookings are expected to be realized later.”