Oct 7, 4:30 PM ET
Nutanix director Craig Conway will not stand for re-election at the 2026 annual meeting, and he will serve until then. The company also signed a twelve-month advisory agreement with former President and Chief Commercial Officer Tarkan Maner, who stepped down earlier, under which he will be paid $37,500 per month. The filing describes these as leadership transitions and does not report any financial results.
- Craig Conway notified the company on October 5, 2026 that he will not stand for re-election to the Board at the 2026 annual meeting.
- Tarkan Maner entered a Transition Advisory Services Agreement on October 7, 2026, for a twelve-month term.
- Maner's advisory fee is $37,500 per month, with no severance, new equity awards or accelerated vesting.
- The agreement may be terminated for cause or by either party on 30 days' notice; the full text is expected in the 10-Q for the quarter ending October 31, 2026.
Read the filing on SEC.gov ↗
Sep 24, 9:00 AM ET
Nutanix said President and Chief Commercial Officer Tarkan Maner will step down effective October 2, 2026. Oversight of sales, marketing and customer experience will move to CEO Rajiv Ramaswami, and the company is discussing a possible senior advisor arrangement with Maner.
- Tarkan Maner steps down as President and Chief Commercial Officer effective October 2, 2026
- Sales, marketing and customer experience oversight transfers to CEO Rajiv Ramaswami
- Company and Maner are discussing a potential senior advisor transition arrangement; no terms are disclosed
Read the filing on SEC.gov ↗
Aug 26, 4:01 PM ET
Nutanix reported fourth-quarter fiscal 2026 revenue of $757.1 million, up 16% from a year earlier, and annual recurring revenue of $2.55 billion, also up 16%. GAAP net income of $1.27 billion was driven largely by a $1.19 billion income tax benefit, while non-GAAP operating income rose to $198.0 million from $119.5 million, and the company gave fiscal 2027 revenue guidance of $3.180 billion to $3.230 billion.
- Q4 revenue $757.1 million vs. $653.3 million a year earlier; fiscal 2026 revenue $2.85 billion, up 12%
- Q4 GAAP diluted EPS $4.34 vs. $0.13 a year earlier, including a $1.19 billion income tax benefit
- Q4 non-GAAP operating margin 26.2% vs. 18.3%; free cash flow $277.6 million vs. $207.8 million
- Q1 fiscal 2027 revenue outlook $755 million to $765 million; fiscal 2027 free cash flow outlook $850 million to $950 million
Read the filing on SEC.gov ↗
Aug 4, 9:00 AM ET
Nutanix announced on August 4, 2026 a plan to reduce its global workforce by about 5% after a review of its business structure, aiming to improve efficiency and shift resources toward strategic priorities. The company expects to substantially complete the reduction by the end of October 2026, with aggregate pre-tax charges of approximately $33 million to $43 million, mostly severance, and it notes actual charges may differ materially.
- Plan to reduce global workforce by approximately 5%
- Estimated aggregate pre-tax charges of $33 million to $43 million, mainly one-time severance and termination benefits
- Substantial completion expected by the end of October 2026, subject to local laws and works council consultations
Read the filing on SEC.gov ↗
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