Nutanix reported robust financial results for Q4 and FY2024, with 22% YoY ARR growth to $1.91B and strong free cash flow of $597.7M for the fiscal year. Q4 revenue increased 11% YoY to $548M, while FY2024 revenue grew 15% to $2.15B.The company achieved its first full year of positive GAAP operating income at $7.6M. Non-GAAP operating margin expanded to 16.2% for FY2024, up from 8.6% in FY2023. Nutanix made progress on partnerships, signing new or enhanced agreements with Cisco, NVIDIA, and Dell.Looking ahead, Nutanix provided Q1 FY2025 revenue guidance of $565-575M and non-GAAP operating margin of 14.5-15.5%. For FY2025, the company expects revenue of $2.435-2.465B, non-GAAP operating margin of 15.5-17%, and free cash flow of $540-600M.

Nutanix reported robust financial results for Q4 and FY2024, with 22% YoY ARR growth to $1.91B and strong free cash flow of $597.7M for the fiscal year. Q4 revenue increased 11% YoY to $548M, while FY2024 revenue grew 15% to $2.15B.The company achieved its first full year of positive GAAP operating income at $7.6M. Non-GAAP operating margin expanded to 16.2% for FY2024, up from 8.6% in FY2023. Nutanix made progress on partnerships, signing new or enhanced agreements with Cisco, NVIDIA, and Dell.Looking ahead, Nutanix provided Q1 FY2025 revenue guidance of $565-575M and non-GAAP operating margin of 14.5-15.5%. For FY2025, the company expects revenue of $2.435-2.465B, non-GAAP operating margin of 15.5-17%, and free cash flow of $540-600M.