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
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%