Nutanix (NTNX) Gross Margin (2015 - 2026)
Nutanix (NTNX) reported Gross Margin of 86.87% for Q2 2026, down 14.0% year-over-year from 101.02% in Q2 2025, and down 0.57% quarter-over-quarter 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.
- Gross Margin for Q2 2026 came in at 86.87%, down 14.0% year-over-year; the trailing twelve-month figure through Apr 2026 was 87.09% (up 74.0% YoY), and the FY2025 annual result was 86.81%, up 189.0% from the prior year.
- Gross Margin eased to 86.87% in Q2 2026 per NTNX's latest filing, from 87.37% in the prior quarter.
- Over five years, Gross Margin peaked at 87.37% in Q1 2026 and troughed at 79.28% in Q3 2022.
- A 5-year average of 84.25% and a median of 85.02% in 2024 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2022 and 2023: Gross Margin plunged 63 bps in 2022, then jumped 444 bps in 2023.
- 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.
- Business Quant data shows NTNX's Gross Margin at 86.87% in Q2 2026, 87.37% in Q1 2026, and 86.96% in Q4 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,998.30 Bn | 2,920.03 Bn | 56.06 Bn | 67.63% |
| 2 | Alarum Technologies | 1,040.72 Bn | 1,026.57 Bn | 7.23 Mn | 61.73% |
| 3 | Oracle | 590.32 Bn | 551.74 Bn | 15.14 Bn | 88.06% |
| 4 | Palantir Technologies | 316.31 Bn | 308.39 Bn | 1.42 Bn | 86.78% |
| 5 | Palo Alto Networks | 181.17 Bn | 176.63 Bn | 1.91 Bn | 73.59% |
| 6 | CrowdStrike Holdings | 161.69 Bn | 158.63 Bn | 993.68 Mn | 76.12% |
| 7 | Fortinet | 102.35 Bn | 99.06 Bn | 1.49 Bn | 80.29% |
| 8 | Synopsys | 88.25 Bn | 88.13 Bn | 1.77 Bn | 73.54% |
| 9 | Cloudflare | 83.26 Bn | 82.32 Bn | 455.60 Mn | 71.21% |
| 10 | Nutanix | 13.41 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% |