Nutanix (NTNX) Operating Expenses (2015 - 2026)

For FY2026 (ended Jul 31, 2026), Nutanix's Operating Expenses came in at $2.2 billion, up 8.5% from FY2025.

• Annual Operating Expenses has increased for four consecutive fiscal years, with a five-year compound annual growth rate of 4.5% (FY2021 to FY2026).
• In prior fiscal years, Nutanix's Operating Expenses was $2.03 billion in FY2025 (+11.7%), $1.82 billion in FY2024 (+4.6%), $1.74 billion in FY2023 (+1.1%) and $1.72 billion in FY2022 (-2.6%).
• The fiscal Q4 2026 figure stands as the highest quarterly Operating Expenses in data going back to fiscal Q1 2016.
• On a year-over-year basis, Operating Expenses has increased in each of the last ten quarters, with growth averaging 10.1% over the last eight quarters.
• The strongest year-over-year quarter for Operating Expenses in the past five years was fiscal Q2 2025, with growth of 12.8%; the weakest was fiscal Q3 2022, with a decline of 7.6%.
• According to Business Quant data, Operating Expenses for the three prior fiscal quarters was $540.28 million (Q3 2026), $547.42 million (Q2 2026) and $533.77 million (Q1 2026).