Nutanix (NTNX) Operating Leases (2019 - 2026)
Nutanix (NTNX) recorded Operating Leases of $134.31 million in fiscal Q4 2026 (quarter ended Jul 31, 2026), up 16.0% from $115.75 million a year earlier but down 6.8% from the prior quarter.
Nutanix (NTNX) Operating Leases (2019 - 2026) Analysis & Trends
Starting with fiscal Q1 2020, Nutanix's Operating Leases history includes 28 quarters.
- Annual Operating Leases has increased for three straight fiscal years, with a five-year compound annual growth rate of 9.2% (FY2021 to FY2026).
- Across earlier fiscal years, Operating Leases came in at $115.75 million in FY2025 (+28.1%), $90.36 million in FY2024 (+31.1%), $68.94 million in FY2023 (-23.2%) and $89.78 million in FY2022 (+3.7%).
- Quarterly Operating Leases has ranged from $54.37 million in fiscal Q3 2022 to $163.67 million in fiscal Q2 2026 over the past five years.
- On a year-over-year basis, Operating Leases has increased for ten consecutive quarters, with growth averaging 33.4% over the last eight quarters.
- Peak year-over-year performance for Operating Leases in the last five years was growth of 74.4% in fiscal Q2 2026, against a decline of 43.6% in fiscal Q3 2022 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at $144.06 million (Q3 2026), $163.67 million (Q2 2026) and $111.42 million (Q1 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Microsoft | 3,781.98 Bn | 3,705.13 Bn | 60.48 Bn |
| 2 | International Business Machines | 207.92 Bn | 158.82 Bn | 9.91 Bn |
| 3 | Cloudflare | 114.07 Bn | 97.60 Bn | 499.52 Mn |
| 4 | Equinix | 99.76 Bn | 88.32 Bn | 1.40 Bn |
| 5 | Nebius | 58.67 Bn | 32.10 Bn | 448.70 Mn |
| 6 | CoreWeave | 46.87 Bn | 33.97 Bn | 1.70 Bn |
| 7 | Verisign | 25.50 Bn | 22.71 Bn | 384.60 Mn |
| 8 | Nutanix | 18.59 Bn | 10.27 Bn | 651.35 Mn |
| 9 | Akamai Technologies | 15.65 Bn | 9.06 Bn | 613.75 Mn |
| 10 | DigitalOcean Holdings | 14.31 Bn | 12.31 Bn | 154.66 Mn |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 134.31 Mn |
| Apr 30, 2026 | 144.06 Mn |
| Jan 31, 2026 | 163.67 Mn |
| Oct 31, 2025 | 111.42 Mn |
| Jul 31, 2025 | 115.75 Mn |
| Apr 30, 2025 | 120.35 Mn |
| Jan 31, 2025 | 93.83 Mn |
| Oct 31, 2024 | 100.41 Mn |
| Jul 31, 2024 | 90.36 Mn |
| Apr 30, 2024 | 79.03 Mn |
| Jan 31, 2024 | 73.72 Mn |
| Oct 31, 2023 | 72.42 Mn |
| Jul 31, 2023 | 68.94 Mn |
| Apr 30, 2023 | 73.04 Mn |
| Jan 31, 2023 | 80.59 Mn |
| Oct 31, 2022 | 81.82 Mn |
| Jul 31, 2022 | 89.78 Mn |
| Apr 30, 2022 | 54.37 Mn |
| Jan 31, 2022 | 66.02 Mn |
| Oct 31, 2021 | 77.68 Mn |
Nutanix Operating Leases 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=operating-leases&ticker=NTNX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "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=operating-leases&ticker=NTNX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();