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Nutanix (NTNX) Cost of Revenue (2016 - 2026)

Nutanix (NTNX) has disclosed Cost of Revenue for 12 consecutive years, with $91.3 million as the latest value for Q1 2026.

  • On a quarterly basis, Cost of Revenue fell 65.08% to $91.3 million in Q1 2026 year-over-year; TTM through Jan 2026 was $918.2 million, a 9.99% decrease, with the full-year FY2025 number at $1.1 billion, up 8.1% from a year prior.
  • Cost of Revenue was $91.3 million for Q1 2026 at Nutanix, down from $285.2 million in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $737.8 million in Q3 2022 to a low of $82.4 million in Q2 2023.
  • A 5-year average of $285.0 million and a median of $253.4 million in 2024 define the central range for Cost of Revenue.
  • Peak YoY movement for Cost of Revenue: surged 198.32% in 2024, then crashed 65.08% in 2026.
  • Nutanix's Cost of Revenue stood at $82.5 million in 2022, then surged by 185.26% to $235.3 million in 2023, then rose by 7.68% to $253.4 million in 2024, then increased by 12.56% to $285.2 million in 2025, then crashed by 68.0% to $91.3 million in 2026.
  • Per Business Quant, the three most recent readings for NTNX's Cost of Revenue are $91.3 million (Q1 2026), $285.2 million (Q4 2025), and $281.3 million (Q3 2025).