Nutanix (NTNX) FCF Margin (2015 - 2026)
Nutanix's (NTNX) quarterly FCF Margin came in at 28.05% in Q2 2026, down 379.0% year-over-year from 10.05% in Q2 2025, and up 5.91% quarter-over-quarter from 26.48% in Q1 2026.
Analysis
Nutanix (NTNX) FCF Margin (2015 - 2026) Analysis & Trends
Nutanix (NTNX) has reported FCF Margin for 12 consecutive years, with 28.05% the latest figure, recorded in Q2 2026.
- On a quarterly basis, FCF Margin fell 379.0% year-over-year to 28.05% in Q2 2026; TTM through Apr 2026 was 28.03%, a 348.0% decrease from a year earlier, with the FY2025 full-year figure at 29.56%, up 174.0% from the prior year.
- FCF Margin was 28.05% for Q2 2026 at Nutanix, up from 26.48% in the prior quarter.
- Over five years, FCF Margin peaked at 40.93% in Q3 2024 and troughed at 4.58% in Q2 2022.
- A 5-year average of 19.97% and a median of 25.62% in 2024 frame the typical range for FCF Margin.
- Across the five-year window, FCF Margin soared 3172 bps in 2024 and sank 912 bps in 2025, its largest moves.
- Over 5 years, FCF Margin stood at 10.57% in 2022, then soared by 142 bps to 25.53% in 2023, then climbed by 1 bps to 25.71% in 2024, then gained by 1 bps to 26.02% in 2025, then increased by 8 bps to 28.05% in 2026.
- The last three FCF Margin figures came in at 28.05% (Q2 2026), 26.48% (Q1 2026), and 26.02% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,711.27 Bn | 3,578.52 Bn | 60.48 Bn | 21.82% |
| 2 | International Business Machines | 221.25 Bn | 209.98 Bn | 9.91 Bn | 13.80% |
| 3 | Nebius | 57.28 Bn | 49.24 Bn | 448.70 Mn | 1,357.29% |
| 4 | CoreWeave | 49.24 Bn | 43.70 Bn | 1.70 Bn | -223.03% |
| 5 | Nutanix | 18.40 Bn | 16.38 Bn | 610.79 Mn | 28.05% |
| 6 | DigitalOcean Holdings | 11.81 Bn | 11.04 Bn | 154.66 Mn | 27.13% |
| 7 | Kingsoft Cloud Holdings | 3.27 Bn | 2.57 Bn | 68.71 Mn | 92.47% |
| 8 | SharonAI Holdings | 2.00 Bn | 139.21 Mn | 1.17 Mn | 943.13% |
| 9 | Tuya | 1.16 Bn | 182.03 Mn | 43.05 Mn | 6.64% |
| 10 | Backblaze | 776.06 Mn | 724.68 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Apr 30, 2026 | 28.05% |
| Jan 31, 2026 | 26.48% |
| Oct 31, 2025 | 26.02% |
| Jul 31, 2025 | 31.81% |
| Apr 30, 2025 | 31.83% |
| Jan 31, 2025 | 28.57% |
| Oct 31, 2024 | 25.71% |
| Jul 31, 2024 | 40.93% |
| Apr 30, 2024 | 14.93% |
| Jan 31, 2024 | 29.13% |
| Oct 31, 2023 | 25.53% |
| Jul 31, 2023 | 9.21% |
| Apr 30, 2023 | 11.74% |
| Jan 31, 2023 | 12.95% |
| Oct 31, 2022 | 10.57% |
| Jul 31, 2022 | 6.02% |
| Apr 30, 2022 | -4.58% |
| Jan 31, 2022 | 4.58% |
| Oct 31, 2021 | -1.36% |
| Jul 31, 2021 | -10.79% |