Nutanix (NTNX) Operating Margin (2015 - 2026)
Nutanix (NTNX) reported Operating Margin of 10.03% for Q2 2026, up 242.0% year-over-year from 2.93% in Q2 2025, and down 13.84% quarter-over-quarter 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.
- Operating Margin for Q2 2026 came in at 10.03%, up 242.0% year-over-year; the trailing twelve-month figure through Apr 2026 was 3.89% (down 141.0% YoY), and the FY2025 annual result was 1.75%, up 140.0% from the prior year.
- Operating Margin slipped to 10.03% in Q2 2026 per NTNX's latest filing, from 11.64% in the prior quarter.
- Over five years, Operating Margin peaked at 41.85% in Q3 2022 and troughed at 22.96% in Q2 2022.
- A 5-year average of 0.68% and a median of 1.66% in 2023 frame the typical range for Operating Margin.
- The sharpest annual moves came in 2022 and 2023: Operating Margin surged 7851 bps in 2022, then plunged 4415 bps in 2023.
- A 5-year view of Operating Margin shows it 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.
- Business Quant data shows NTNX's Operating Margin at 10.03% in Q2 2026, 11.64% in Q1 2026, and 7.36% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,998.30 Bn | 2,920.03 Bn | 56.06 Bn | 46.33% |
| 2 | Alarum Technologies | 1,040.72 Bn | 1,026.57 Bn | 7.23 Mn | 6.91% |
| 3 | Oracle | 590.32 Bn | 551.74 Bn | 15.14 Bn | 31.79% |
| 4 | Palantir Technologies | 316.31 Bn | 308.39 Bn | 1.42 Bn | 46.18% |
| 5 | Palo Alto Networks | 181.17 Bn | 176.63 Bn | 1.91 Bn | 15.30% |
| 6 | CrowdStrike Holdings | 161.69 Bn | 158.63 Bn | 993.68 Mn | 1.06% |
| 7 | Fortinet | 102.35 Bn | 99.06 Bn | 1.49 Bn | 31.36% |
| 8 | Synopsys | 88.25 Bn | 88.13 Bn | 1.77 Bn | 8.43% |
| 9 | Cloudflare | 83.26 Bn | 82.32 Bn | 455.60 Mn | -9.69% |
| 10 | Nutanix | 13.41 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 | -14.83% |
| 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 | 41.85% |
| Apr 30, 2022 | -22.96% |
| Jan 31, 2022 | -22.94% |
| Oct 31, 2021 | -36.26% |
| Jul 31, 2021 | -36.65% |