Nutanix (NTNX) Gross Margin (2015 - 2026)

Nutanix's (NTNX) quarterly Gross Margin came in at 86.87% in Q2 2026, down 14.0% year-on-year from 101.02% in Q2 2025, and down 0.57% on a QoQ basis from 87.37% in Q1 2026.

Nutanix (NTNX) Gross Margin (2015 - 2026) Analysis & Trends

Nutanix (NTNX) has 12 years of Gross Margin data on file, last reported at 86.87% in Q2 2026.

  • On a quarterly basis, Gross Margin fell 14.0% year-over-year to 86.87% in Q2 2026; TTM through Apr 2026 was 87.09%, a 74.0% increase from a year earlier, with the FY2025 full-year figure at 86.81%, up 189.0% from the prior year.
  • Gross Margin for Q2 2026 stood at 86.87%, down from 87.37% in the prior quarter.
  • Over the last five years, Gross Margin for NTNX reached as high as 87.37% in Q1 2026 and fell as low as 79.28% in Q3 2022.
  • Historically, Gross Margin has averaged 84.25% across 5 years, with a median of 85.02% in 2024.
  • Across the five-year window, Gross Margin slumped 63 bps in 2022 and surged 444 bps in 2023, its largest moves.
  • Year by year, Gross Margin stood at 80.97% in 2022, then advanced by 4 bps to 83.96% in 2023, then advanced by 2 bps to 86.01% in 2024, then climbed by 1 bps to 86.96% in 2025, then slipped by 0 bps to 86.87% in 2026.
  • Per Business Quant data, the three most recent Gross Margin figures were 86.87% in Q2 2026, 87.37% in Q1 2026, and 86.96% in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Microsoft 2,921.46 Bn 2,797.02 Bn 56.06 Bn 67.63%
2 PagSeguro Digital 2,686.70 Bn 2,686.70 Bn 358.92 Mn 37.74%
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 86.78%
6 Palo Alto Networks 224.46 Bn 219.93 Bn 1.91 Bn 73.59%
7 CrowdStrike Holdings 182.52 Bn 179.42 Bn 993.68 Mn 76.12%
8 Fortinet 111.29 Bn 107.99 Bn 1.49 Bn 80.29%
9 Cloudflare 93.63 Bn 92.68 Bn 455.60 Mn 71.21%
10 Nutanix 15.69 Mn -2.00 Bn 610.79 Mn 86.87%

Historic Data

Download Data
DateValue
Apr 30, 2026 86.87%
Jan 31, 2026 87.37%
Oct 31, 2025 86.96%
Jul 31, 2025 87.17%
Apr 30, 2025 87.01%
Jan 31, 2025 86.97%
Oct 31, 2024 86.01%
Jul 31, 2024 85.22%
Apr 30, 2024 84.82%
Jan 31, 2024 85.57%
Oct 31, 2023 83.96%
Jul 31, 2023 83.72%
Apr 30, 2023 81.62%
Jan 31, 2023 82.16%
Oct 31, 2022 80.97%
Jul 31, 2022 79.28%
Apr 30, 2022 80.22%
Jan 31, 2022 80.64%
Oct 31, 2021 78.48%
Jul 31, 2021 79.90%