Nutanix (NTNX) Operating Margin (2015 - 2026)
Nutanix's (NTNX) quarterly Operating Margin came in at 10.03% in Q2 2026, up 242.0% year-on-year from 2.93% in Q2 2025, and down 13.84% on a QoQ basis from 11.64% in Q1 2026.
Nutanix (NTNX) Operating Margin (2015 - 2026) Analysis & Trends
Nutanix (NTNX) has 12 years of Operating Margin data on file, last reported at 10.03% in Q2 2026.
- On a quarterly basis, Operating Margin rose 242.0% year-over-year to 10.03% in Q2 2026; TTM through Apr 2026 was 8.55%, a 324.0% increase from a year earlier, with the FY2025 full-year figure at 6.8%, up 645.0% from the prior year.
- Operating Margin for Q2 2026 stood at 10.03%, down from 11.64% in the prior quarter.
- Over the last five years, Operating Margin for NTNX reached as high as 11.64% in Q1 2026 and fell as low as 34.7% in Q3 2022.
- Historically, Operating Margin has averaged 3.84% across 5 years, with a median of 1.66% in 2023.
- Across the five-year window, Operating Margin surged 3240 bps in 2023 and advanced 7 bps in 2024, its largest moves.
- Year by year, Operating Margin stood at 18.6% in 2022, then soared by 94 bps to 1.12% in 2023, then soared by 513 bps to 4.61% in 2024, then surged by 60 bps to 7.36% in 2025, then surged by 36 bps to 10.03% in 2026.
- Per Business Quant data, the three most recent Operating Margin figures were 10.03% in Q2 2026, 11.64% in Q1 2026, and 7.36% in Q4 2025.
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Peer Comparison
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|---|---|---|---|---|---|
| 1 | Microsoft | 2,921.46 Bn | 2,797.02 Bn | 56.06 Bn | 46.33% |
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| 4 | Repay Holdings | 342.29 Bn | 342.15 Bn | - | - |
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| 9 | Cloudflare | 93.63 Bn | 92.68 Bn | 455.60 Mn | -9.69% |
| 10 | Nutanix | 15.69 Mn | -2.00 Bn | 610.79 Mn | 10.03% |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 10.03% |
| Jan 31, 2026 | 11.64% |
| Oct 31, 2025 | 7.36% |
| Jul 31, 2025 | 4.78% |
| Apr 30, 2025 | 7.61% |
| Jan 31, 2025 | 9.99% |
| Oct 31, 2024 | 4.61% |
| Jul 31, 2024 | -2.22% |
| Apr 30, 2024 | -2.21% |
| Jan 31, 2024 | 6.55% |
| Oct 31, 2023 | -1.12% |
| Jul 31, 2023 | -2.30% |
| Apr 30, 2023 | -13.07% |
| Jan 31, 2023 | -11.62% |
| Oct 31, 2022 | -18.60% |
| Jul 31, 2022 | -34.70% |
| Apr 30, 2022 | -22.96% |
| Jan 31, 2022 | -22.94% |
| Oct 31, 2021 | -36.26% |
| Jul 31, 2021 | -36.65% |