Nutanix Inc., a leader in hybrid multicloud computing, reported its financial results for the third quarter of fiscal 2025, showcasing substantial growth across key metrics. The company recorded an 18% year-over-year increase in Annual Recurring Revenue $(ARR)$, reaching $2.14 billion, compared to $1.82 billion in the same quarter of the previous year. Revenue for the quarter rose to $639.0 million, marking a 22% increase from $524.6 million in Q3 FY'24. The company also reported a significant improvement in its GAAP operating income, which stood at $48.6 million, compared to a loss of $11.6 million in the previous year, reflecting a positive change of $60.2 million. The non-GAAP operating income saw a notable rise to $137.1 million from $73.3 million, representing an increase of $63.8 million. Nutanix's GAAP gross margin improved to 87.0%, up from 84.8% in the same quarter last year, while the non-GAAP gross margin increased to 88.2% from 86.5%. The company's free cash flow surged to $203.4 million, a significant jump from $78.3 million in Q3 FY'24. The company highlighted its focus on sustainable, profitable growth and continued innovation, pointing to its recent enhancements in the Nutanix Cloud Platform, including support for external storage, modern applications, and generative AI. These developments were announced at the company's annual .NEXT conference held in Washington, D.C. Nutanix did not provide specific future guidance in this release.