Nutanix NTNX
NASDAQ NTNX
$68.06 -0.02 (-0.03%)
At close: Sep 4, 2026 · 4:00 PM EDT

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-over-year from $83.0 million in Q2 2025, and up 1.1% quarter-over-quarter from $91.3 million in Q1 2026.

Analysis

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

Nutanix (NTNX) has reported Cost of Revenue for 12 consecutive years, with $92.3 million the latest figure, recorded 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 was $92.3 million for Q2 2026 at Nutanix, up from $91.3 million in the prior quarter.
  • Over five years, Cost of Revenue peaked at $92.3 million in Q2 2026 and troughed at $79.6 million in Q2 2024.
  • A 5-year average of $83.4 million and a median of $82.5 million in 2022 frame the typical range for Cost of Revenue.
  • Across the five-year window, Cost of Revenue rose 12.71% in 2022 and fell 6.05% in 2024, its largest moves.
  • Over 5 years, Cost of Revenue stood at $82.5 million in 2022, then dropped by 0.65% to $82.0 million in 2023, then gained by 0.87% to $82.7 million in 2024, then grew by 5.81% to $87.5 million in 2025, then climbed by 5.5% to $92.3 million in 2026.
  • The last three Cost of Revenue figures came in at $92.3 million (Q2 2026), $91.3 million (Q1 2026), and $87.5 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Microsoft 3,711.27 Bn 3,578.52 Bn 60.48 Bn 29.53 Bn
2 International Business Machines 221.25 Bn 209.98 Bn 9.91 Bn 7.26 Bn
3 Nebius 57.28 Bn 49.24 Bn 448.70 Mn 133.60 Mn
4 CoreWeave 49.24 Bn 43.70 Bn 1.70 Bn 879.00 Mn
5 Nutanix 18.40 Bn 16.38 Bn 610.79 Mn 92.28 Mn
6 DigitalOcean Holdings 11.81 Bn 11.04 Bn 154.66 Mn 126.52 Mn
7 Kingsoft Cloud Holdings 3.27 Bn 2.57 Bn 68.71 Mn 384.04 Mn
8 SharonAI Holdings 2.00 Bn 139.21 Mn 1.17 Mn 761,755.00
9 Tuya 1.16 Bn 182.03 Mn 43.05 Mn 49.89 Mn
10 Backblaze 776.06 Mn 724.68 Mn - -
Historic Data

Historic Data

Download Data
DateValue
Apr 30, 2026 92.28 Mn
Jan 31, 2026 91.27 Mn
Oct 31, 2025 87.47 Mn
Jul 31, 2025 83.83 Mn
Apr 30, 2025 82.99 Mn
Jan 31, 2025 85.29 Mn
Oct 31, 2024 82.67 Mn
Jul 31, 2024 80.98 Mn
Apr 30, 2024 79.62 Mn
Jan 31, 2024 81.56 Mn
Oct 31, 2023 81.96 Mn
Jul 31, 2023 80.46 Mn
Apr 30, 2023 82.43 Mn
Jan 31, 2023 86.81 Mn
Oct 31, 2022 82.50 Mn
Jul 31, 2022 79.89 Mn
Apr 30, 2022 79.85 Mn
Jan 31, 2022 79.97 Mn
Oct 31, 2021 81.45 Mn
Jul 31, 2021 78.52 Mn