Nutanix (NTNX) Gross Margin (2015 - 2026)
Nutanix's Gross Margin was 86.03% in fiscal Q4 2026 (quarter ended Jul 31, 2026), down 1.13 percentage points from 87.17% a year earlier and down 0.84 percentage points from the prior quarter.
Nutanix (NTNX) Gross Margin (2015 - 2026) Analysis & Trends
For FY2026 (ended Jul 31, 2026), Gross Margin at Nutanix came in at 86.80%, down 0.01 percentage points from FY2025.
- Gross Margin shows a five-year change of +7.73 percentage points (FY2021 to FY2026).
- In earlier fiscal years, Gross Margin was 86.81% in FY2025 (+1.89 pp), 84.92% in FY2024 (+2.75 pp), 82.17% in FY2023 (+2.48 pp) and 79.68% in FY2022 (+0.62 pp).
- The fiscal Q4 2026 figure marks the lowest quarterly Gross Margin since fiscal Q1 2025.
- Compared with a year earlier, Gross Margin was higher in six of the last eight quarters, with an average year-over-year change of +0.96 percentage points.
- The best year-over-year quarter for Gross Margin over five years was fiscal Q4 2023 (a gain of 4.44 percentage points); the worst was fiscal Q4 2026 (a drop of 1.13 percentage points).
- Per Business Quant data, NTNX's Gross Margin in the three fiscal quarters before Q4 2026 was 86.87% (Q3 2026), 87.37% (Q2 2026) and 86.96% (Q1 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,833.59 Bn | 3,756.75 Bn | 60.48 Bn | 67.20% |
| 2 | International Business Machines | 212.47 Bn | 163.37 Bn | 9.91 Bn | 57.73% |
| 3 | Cloudflare | 112.40 Bn | 95.93 Bn | 499.52 Mn | 71.76% |
| 4 | Equinix | 99.47 Bn | 88.02 Bn | 1.40 Bn | 53.14% |
| 5 | Nebius | 60.05 Bn | 33.48 Bn | 448.70 Mn | 77.06% |
| 6 | CoreWeave | 48.26 Bn | 35.35 Bn | 1.70 Bn | 65.86% |
| 7 | Verisign | 25.97 Bn | 23.18 Bn | 384.60 Mn | 88.50% |
| 8 | Nutanix | 18.41 Bn | 10.09 Bn | 651.35 Mn | 86.03% |
| 9 | Akamai Technologies | 16.36 Bn | 9.77 Bn | 613.75 Mn | 55.81% |
| 10 | DigitalOcean Holdings | 14.67 Bn | 12.67 Bn | 154.66 Mn | 55.00% |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 86.03% |
| 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% |
Nutanix Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=NTNX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "NTNX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=NTNX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();