NASDAQ$NTNX

Nutanix Inc A · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

Nutanix reported strong Q4 2021 with record ACV billings and revenue, driving outperformance across all guided metrics.

Nutanix reported a strong fourth quarter and fiscal year, with record ACV billings and revenue. The company's consistent execution and solid progress across financial and strategic objectives led to outperformance across all guided metrics.

  • ACV billings reached $176.3 million, a 26% year-over-year increase.
  • Revenue was $390.7 million, up 19% year-over-year.
  • Annual Recurring Revenue (ARR) grew to $878.7 million, an 83% increase year-over-year.
  • The company formed a strategic partnership with Red Hat to deliver open hybrid multicloud solutions.

Headline financials

Total Revenue

$391M

Previous: $328M+19.2%
EPS (adj)

-$0.26

Previous: -$0.39+33.3%
Annual Recurring Revenue

$879M

Previous: $1.22B-28.0%
Avg Contract Duration

3.4

No prior period
Capital Expenditures

$17.5M

Previous: $17.4M+0.7%
Free Cash Flow

-$42.2M

Previous: -$13.8M-205.9%
Net Income

-$358M

Previous: -$185M-93.2%
Operating Income

-$142M

Previous: -$171M+17.2%
Gross Profit

$312M

Previous: $261M+19.7%
Cash & Equivalents

$286M

Previous: $319M-10.4%
Total Assets

$2.28B

Previous: $1.77B+28.8%
Stock-Based Comp

$89.6M

Previous: $92.9M-3.5%

Revenue & EPS history

Nutanix · Revenue · Quarterly

$391M

Q4 2021+19.2%vs Q4 2020
Beat estimate in 4 of 16 quarters(25%)
ActualEstimate

Revenue by segment

Nutanix · $375M total across 2 segments · Q4 2021

  • Subscription Revenue
    $352M+23.7%
  • Professional Services & Other
    $22.4M

Forward guidance

Nutanix provided guidance for the first quarter of fiscal year 2022, including ACV Billings between $172 million and $177 million, a non-GAAP gross margin of approximately 81.5%, non-GAAP operating expenses between $365 million and $370 million, and weighted average shares outstanding of approximately 216 million.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q4 2021

Historical avgQ4 2021

+0.2%

Avg return

Earnings day

+0.1%

Avg return

5 days after

-1.9%

Avg return

30 days after

53%

20 / 38 earnings

Positive

+29.5%

Q4 2020

Best reaction

-33.7%

Q2 2019

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2026
Q2 2026+4.0%+5.9%-2.2%
Q1 2026-17.8%-19.7%-10.1%
Q4 2025-5.1%-3.6%+10.8%
Q3 2025-3.9%-1.5%-4.5%
Q2 2025+10.4%+11.1%+2.4%
Q1 2025-8.4%-10.3%-12.5%
Q4 2024+18.3%+18.8%+12.0%
Q3 2024-21.5%-26.1%-20.8%
Q2 2024+8.5%+12.4%+6.0%
Q1 2024+6.4%+9.8%+17.7%
Q4 2023+13.3%+13.1%+13.2%
Q3 2023+16.2%+15.3%+7.1%
Q2 2023-7.4%-13.8%-11.6%
Q1 2023+12.5%+11.3%-4.0%
Q4 2022+23.3%+20.0%+15.0%
Q3 2022-21.2%-19.4%-26.1%
Q2 2022-2.1%-13.3%+3.9%
Q1 2022+6.4%+4.5%-1.9%
Q4 2021+9.5%+17.1%+5.8%
Q3 2021+3.0%+1.7%+29.0%
Q2 2021-6.8%-3.9%-15.7%
Q1 2021-0.9%-1.4%+16.6%
Q4 2020+29.5%+30.1%+0.6%
Q3 2020-6.5%-1.6%-7.2%
Q2 2020-32.9%-30.6%-51.2%
Q1 2020+14.2%+27.5%+10.1%
Q4 2019+25.6%+26.7%+37.1%
Q3 2019-16.7%-16.8%-23.0%
Q2 2019-33.7%-33.4%-25.7%
Q1 2019+3.3%+7.2%-4.3%
Q4 2018-7.9%-7.8%-30.1%
Q3 2018-6.7%-7.7%-3.4%
Q2 2018+6.6%+21.1%+34.7%
Q1 2018+10.9%+4.9%+8.5%
Q4 2017+0.5%-2.7%+2.2%
Q3 2017+12.3%+4.0%+10.7%
Q2 2017-25.2%-30.4%-38.9%
Q1 2017-4.0%-16.7%-21.5%
Q4 2016
Q3 2016
Q2 2016
Q1 2016
Q4 2015
Q3 2015
Q2 2014
Q1 2014
Q4 2014
Q3 2014

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