Nutanix, Inc. (NTNX)

Nutanix, Inc. provides a cloud and artificial intelligence platform (AI) in North America, Europe, the Asia Pacific, the Middle East, Latin America, and Africa. It offers hyperconverged infrastructure software (HCI); Nutanix Cloud Platform for building hybrid multicloud infrastructure; Nutanix cloud infrastructure, a distributed HCI for enterprise IT applications, including Nutanix AOS, Nutanix AHV, Nutanix data services for Kubernetes, flow network security, flow virtual networking, Nutanix Cloud Clusters, Nutanix central, and Nutanix prism; and Nutanix Cloud Manager, is a unified management solution, such as NCM Intelligent Operations, NCM Self-Service and Orchestration, NCM Cost Governance, and Nutanix Security Central unifies cloud security operations. The company also offers Nutanix Kubernetes Platform, an enterprise Kubernetes platform for deploying and managing modern, containerized applications across hybrid multicloud environments; Nutanix Enterprise AI, a centralized fine-tuning and inferencing platform; Nutanix Agent Gateway for governing interactions between agents, LLMs, and tools; Nutanix Private Inferencing that helps organizations to build adaptive AI factories; Nutanix Unified Storage, a software-defined platform that consolidates file, object, and block storage into one intelligent data fabric; Nutanix Files Storage, a software-defined scale-out file storage solution; Nutanix Objects Storage, a scale-out S3-compatible object storage solution; Nutanix Volumes Block Storage, a software-defined storage solution; and Nutanix Data Lens, a cloud-based cyber resilience service. In addition, it provides product support, and consulting and implementation services. The company serves financial services, retail, manufacturing, public sector, automotive and other transportation, consumer goods, education, energy, healthcare, media, technology, and telecommunications industries. The company was incorporated in 2009 and is headquartered in San Jose, California.

Symbol
NTNX
Exchange
Nasdaq
Sector
Technology
Industry
Software - Infrastructure
Market cap
$18.61B
52 week range
34.01 - 78.45

Valuation

Share price
$69.68 (close of 2026-09-23)
P/E (TTM)
12.34x
Price to book
26.48x
Price to free cash flow
22.13x
Enterprise value
$19.35B
Book value per share
$2.61

Price performance

PeriodChange
1 day-0.51%
5 days+2.49%
1 month+3.02%
3 months+45.50%
6 months+72.52%
Year to date+34.80%
1 year-8.42%
3 years+98.58%
5 years+73.33%
All time+88.32%

Profitability and growth

Return on equity
214.48%
Return on invested capital
18.97%
Return on assets
29.70%
Return on capital employed
8.08%
Gross margin
86.80%
Net margin
52.81%
EBITDA margin
12.08%
Revenue growth
12.44%
Net income growth
699.95%
Free cash flow growth
12.06%

Cash flow and balance sheet

Free cash flow yield (TTM)
4.52%
Current ratio
1.80x
Net debt to EBITDA
1.81x

Latest reported year

Period end
2026-07-31
Fiscal year
2026
Revenue
$2.85B
Cost of revenue
$376.75M
Gross profit
$2.48B
EBITDA
$344.61M
Net income
$1.51B
Earnings per share
$5.61
Research and development
$790.89M
Shares outstanding
268.69K

Income statement by year

Period endRevenueGross profitNet incomeEPS
2026-07-31$2.85B$2.48B$1.51B$5.61
2025-07-31$2.54B$2.20B$188.37M$0.70
2024-07-31$2.15B$1.82B$-124.78M$-0.51
2023-07-31$1.86B$1.53B$1.51B$-1.09
2022-07-31$1.58B$1.26B$-798.95M$-3.62
2021-07-31$1.39B$1.10B$-1.04B$-5.02
2020-07-31$1.31B$1.02B$-872.88M$-4.48
2019-07-31$1.24B$932.01M$-621.18M$-3.43
2018-07-31$1.16B$769.43M$-297.16M$-1.81
2017-07-31$845.90M$518.57M$-379.64M$-2.96

Margins and returns by year

Period endGross marginNet marginReturn on equityReturn on capital
2026-07-3186.80%52.81%214.48%18.97%
2025-07-3186.81%7.42%-27.12%794.61%
2024-07-3184.92%-5.81%17.14%-
2023-07-3182.17%80.89%-213.00%-215.06%
2022-07-3179.68%-50.54%99.81%-
2021-07-3179.07%-74.27%101.43%-
2020-07-3178.08%-66.75%308.90%-
2019-07-3175.40%-50.25%-332.37%-
2018-07-3166.59%-25.72%-90.94%-232.12%
2017-07-3161.30%-44.88%-174.90%-442.68%

Cash and debt by year

Period endCash
2026-07-31$777.31M
2025-07-31$769.50M
2024-07-31$655.27M
2023-07-31$512.93M
2022-07-31$402.85M
2021-07-31$285.72M
2020-07-31$318.74M
2019-07-31$396.68M
2018-07-31$305.98M
2017-07-31$138.36M

Free cash flow by year

Period endFree cash flowStock-based compensation
2026-07-31$840.67M$357.67M
2025-07-31$750.17M$351.59M
2024-07-31$597.68M$333.83M
2023-07-31$207.00M$311.75M
2022-07-31$18.48M$343.25M
2021-07-31$-158.46M$358.55M
2020-07-31$-249.37M$352.00M
2019-07-31$-76.28M$306.73M
2018-07-31$30.17M$177.87M
2017-07-31$-35.40M$231.49M

Investor relations

Past earnings dates

ReportedFiscal periodEPS estimate
2026-08-26Jul/2026$0.19
2026-05-27--
2026-02-25--
2025-11-25--
2025-08-27--
2025-05-28--
2025-02-26--
2024-11-26--

Filings and sources

Company website
nutanix.com
SEC filings
10-K, 10-Q and 8-K on EDGAR
Earnings calendar
All upcoming reports

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