Summary by Moomoo AI
Nutanix delivered outperformance across all guided metrics in Q1 FY2025. Revenue grew 16% YoY to $591.0 million, while Annual Recurring Revenue (ARR) increased 18% to $1.97 billion. Non-GAAP operating income rose to $118.2 million, with a 20.0% operating margin.The company generated strong free cash flow of $151.9 million, up from $132.5 million in Q1 FY2024. Nutanix expanded its partnership with AWS and was named a Leader in Gartner's Magic Quadrant for Distributed Hybrid Infrastructure. The company also extended its AI infrastructure platform to public cloud.For Q2 FY2025, Nutanix expects revenue of $635-$645 million and non-GAAP operating margin of 20-21%. The full-year FY2025 outlook projects revenue of $2.435-$2.465 billion, non-GAAP operating margin of 16-17%, and free cash flow of $560-$610 million.
