Nutanix (NTNX) Gross Margin (2015 - 2026)
Nutanix (NTNX) posted quarterly Gross Margin of 86.87% for Q2 2026, down 14.0% YoY from 101.02% in Q2 2025, and down 0.57% sequentially from 87.37% in Q1 2026.
Nutanix (NTNX) Gross Margin (2015 - 2026) Analysis & Trends
Nutanix has disclosed Gross Margin across 12 years of filings, most recently posting 86.87% for Q2 2026.
- In Q2 2026, Gross Margin fell 14.0% year-over-year to 86.87%; the TTM figure through Apr 2026 stood at 87.09% (up 74.0% YoY), while the FY2025 annual figure was 86.81%, up 189.0% from the prior year.
- Gross Margin fell to 86.87% in Q2 2026, 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.
- The 5-year median for Gross Margin is 85.02% (2024), against an average of 84.25%.
- Annual changes were most pronounced in 2022 — Gross Margin slumped 63 bps — and 2023, when it jumped 444 bps.
- A 5-year view of Gross Margin shows it stood at 80.97% in 2022, then increased by 4 bps to 83.96% in 2023, then increased by 2 bps to 86.01% in 2024, then rose by 1 bps to 86.96% in 2025, then fell by 0 bps to 86.87% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 86.87%, 87.37%, and 86.96% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,853.66 Bn | 2,775.39 Bn | 56.06 Bn | 67.63% |
| 2 | Oracle | 408.21 Bn | 376.86 Bn | 17.12 Bn | 89.22% |
| 3 | Palantir Technologies | 300.98 Bn | 293.06 Bn | 1.42 Bn | 86.78% |
| 4 | Palo Alto Networks | 247.84 Bn | 243.30 Bn | 1.91 Bn | 73.59% |
| 5 | CrowdStrike Holdings | 193.63 Bn | 190.57 Bn | 993.68 Mn | 76.12% |
| 6 | Fortinet | 117.45 Bn | 114.16 Bn | 1.49 Bn | 80.29% |
| 7 | Cloudflare | 86.88 Bn | 85.93 Bn | 455.60 Mn | 71.21% |
| 8 | Synopsys | 86.18 Bn | 86.06 Bn | 1.77 Bn | 73.54% |
| 9 | Block | 46.10 Bn | 39.21 Bn | 2.91 Bn | 48.03% |
| 10 | Nutanix | 13.62 Mn | -2.00 Bn | 610.79 Mn | 86.87% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |