Nutanix (NTNX) Cost of Revenue (2015 - 2026)

Nutanix's (NTNX) quarterly Cost of Revenue came in at $92.3 million in Q2 2026, up 11.19% year-on-year from $83.0 million in Q2 2025, and up 1.1% on a QoQ basis from $91.3 million in Q1 2026.

Nutanix (NTNX) Cost of Revenue (2015 - 2026) Analysis & Trends

Nutanix (NTNX) has 12 years of Cost of Revenue data on file, last reported at $92.3 million in Q2 2026.

  • On a quarterly basis, Cost of Revenue rose 11.19% year-over-year to $92.3 million in Q2 2026; TTM through Apr 2026 was $354.9 million, a 6.91% increase from a year earlier, with the FY2025 full-year figure at $334.8 million, up 3.29% from the prior year.
  • Cost of Revenue for Q2 2026 stood at $92.3 million, up from $91.3 million in the prior quarter.
  • Over the last five years, Cost of Revenue for NTNX reached as high as $92.3 million in Q2 2026 and fell as low as $79.6 million in Q2 2024.
  • Historically, Cost of Revenue has averaged $83.4 million across 5 years, with a median of $82.5 million in 2022.
  • Across the five-year window, Cost of Revenue increased 12.71% in 2022 and declined 6.05% in 2024, its largest moves.
  • Year by year, Cost of Revenue stood at $82.5 million in 2022, then decreased by 0.65% to $82.0 million in 2023, then increased by 0.87% to $82.7 million in 2024, then advanced by 5.81% to $87.5 million in 2025, then gained by 5.5% to $92.3 million in 2026.
  • Per Business Quant data, the three most recent Cost of Revenue figures were $92.3 million in Q2 2026, $91.3 million in Q1 2026, and $87.5 million in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Microsoft 2,921.46 Bn 2,797.02 Bn 56.06 Bn 26.83 Bn
2 PagSeguro Digital 2,686.70 Bn 2,686.70 Bn 358.92 Mn 71.28 Mn
3 Oracle 344.13 Bn 312.24 Bn - -
4 Repay Holdings 342.29 Bn 342.15 Bn - -
5 Palantir Technologies 294.57 Bn 286.54 Bn 1.42 Bn 215.80 Mn
6 Palo Alto Networks 224.46 Bn 219.93 Bn 1.91 Bn 685.00 Mn
7 CrowdStrike Holdings 182.52 Bn 179.42 Bn 993.68 Mn 311.70 Mn
8 Fortinet 111.29 Bn 107.99 Bn 1.49 Bn 364.50 Mn
9 Cloudflare 93.63 Bn 92.68 Bn 455.60 Mn 184.16 Mn
10 Nutanix 15.69 Mn -2.00 Bn 610.79 Mn 92.28 Mn

Historic Data

Download Data
DateValue
Apr 30, 2026 92.28 Mn
Apr 30, 2026 92.28 Mn
Jan 31, 2026 91.27 Mn
Jan 31, 2026 91.27 Mn
Oct 31, 2025 87.47 Mn
Oct 31, 2025 87.47 Mn
Jul 31, 2025 83.83 Mn
Jul 31, 2025 83.83 Mn
Apr 30, 2025 82.99 Mn
Apr 30, 2025 82.99 Mn
Jan 31, 2025 85.29 Mn
Jan 31, 2025 85.29 Mn
Oct 31, 2024 82.67 Mn
Oct 31, 2024 82.67 Mn
Jul 31, 2024 80.98 Mn
Jul 31, 2024 80.98 Mn
Apr 30, 2024 79.62 Mn
Apr 30, 2024 79.62 Mn
Jan 31, 2024 81.56 Mn
Jan 31, 2024 81.56 Mn