Nutanix NTNX
NASDAQ NTNX
$68.06 -0.02 (-0.03%)
At close: Sep 4, 2026 · 4:00 PM EDT

Nutanix (NTNX) Operating Expenses (2015 - 2026)

Nutanix's (NTNX) quarterly Operating Expenses came in at $540.3 million in Q2 2026, up 6.49% year-over-year from $507.3 million in Q2 2025, and down 1.3% quarter-over-quarter from $547.4 million in Q1 2026.

Analysis

Nutanix (NTNX) Operating Expenses (2015 - 2026) Analysis & Trends

Nutanix (NTNX) has reported Operating Expenses for 12 consecutive years, with $540.3 million the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Operating Expenses rose 6.49% year-over-year to $540.3 million in Q2 2026; TTM through Apr 2026 was $2.2 billion, a 9.54% increase from a year earlier, with the FY2025 full-year figure at $2.0 billion, up 11.75% from the prior year.
  • Operating Expenses was $540.3 million for Q2 2026 at Nutanix, down from $547.4 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $547.4 million in Q1 2026 and troughed at $416.5 million in Q2 2022.
  • A 5-year average of $471.7 million and a median of $456.4 million in 2023 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses decreased 7.57% in 2022 and climbed 12.84% in 2025, its largest moves.
  • Over 5 years, Operating Expenses stood at $431.8 million in 2022, then grew by 0.7% to $434.8 million in 2023, then advanced by 10.63% to $481.0 million in 2024, then gained by 10.96% to $533.8 million in 2025, then advanced by 1.22% to $540.3 million in 2026.
  • The last three Operating Expenses figures came in at $540.3 million (Q2 2026), $547.4 million (Q1 2026), and $533.8 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Microsoft 3,711.27 Bn 3,578.52 Bn 60.48 Bn 12.28 Bn
2 International Business Machines 221.25 Bn 209.98 Bn 9.91 Bn 7.29 Bn
3 Nebius 57.28 Bn 49.24 Bn 448.70 Mn 758.20 Mn
4 CoreWeave 49.24 Bn 43.70 Bn 1.70 Bn 2.62 Bn
5 Nutanix 18.40 Bn 16.38 Bn 610.79 Mn 540.28 Mn
6 DigitalOcean Holdings 11.81 Bn 11.04 Bn 154.66 Mn 125.29 Mn
7 Kingsoft Cloud Holdings 3.27 Bn 2.57 Bn 68.71 Mn -65.32 Mn
8 SharonAI Holdings 2.00 Bn 139.21 Mn 1.17 Mn 8.69 Mn
9 Tuya 1.16 Bn 182.03 Mn 43.05 Mn -33.74 Mn
10 Backblaze 776.06 Mn 724.68 Mn - -
Historic Data

Historic Data

Download Data
DateValue
Apr 30, 2026 540.28 Mn
Jan 31, 2026 547.42 Mn
Oct 31, 2025 533.77 Mn
Jul 31, 2025 538.23 Mn
Apr 30, 2025 507.35 Mn
Jan 31, 2025 504.00 Mn
Oct 31, 2024 481.04 Mn
Jul 31, 2024 479.16 Mn
Apr 30, 2024 456.55 Mn
Jan 31, 2024 446.63 Mn
Oct 31, 2023 434.80 Mn
Jul 31, 2023 425.10 Mn
Apr 30, 2023 424.79 Mn
Jan 31, 2023 456.20 Mn
Oct 31, 2022 431.77 Mn
Jul 31, 2022 439.42 Mn
Apr 30, 2022 416.51 Mn
Jan 31, 2022 427.89 Mn
Oct 31, 2021 434.33 Mn
Jul 31, 2021 455.42 Mn