Nutanix (NTNX) Operating Margin (2015 - 2026)
Nutanix (NTNX) reported Operating Margin of 9.24% for fiscal Q4 2026 (quarter ended Jul 31, 2026), up 4.47 percentage points from 4.78% a year earlier but down 0.78 percentage points from the prior quarter.
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Analysis
Nutanix (NTNX) Operating Margin (2015 - 2026) Analysis & Trends
For FY2026 (ended Jul 31, 2026), Nutanix posted Operating Margin of 9.60%, up 2.80 percentage points from FY2025.
- Operating Margin has increased for six consecutive fiscal years, with a five-year change of +57.09 percentage points (FY2021 to FY2026).
- By fiscal year, Operating Margin came in at 6.80% in FY2025 (+6.45 pp), 0.35% in FY2024 (+11.47 pp), -11.12% in FY2023 (+17.91 pp) and -29.03% in FY2022 (+18.46 pp).
- Five-year quarterly Operating Margin spans a low of -36.26% in fiscal Q1 2022 and a high of 11.64% in fiscal Q2 2026.
- Year over year, Operating Margin has now increased in each of the last 25 quarters, with an average year-over-year change of +4.66 percentage points over the last eight quarters.
- The year-over-year gain in Operating Margin has ranged between 0.07 percentage points (fiscal Q4 2024) and 32.40 percentage points (fiscal Q4 2023) over the last five years.
- Per Business Quant data, the three fiscal quarters before Q4 2026 came in at 10.03% (Q3 2026), 11.64% (Q2 2026) and 7.36% (Q1 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,944.62 Bn | 3,880.11 Bn | 62.56 Bn | 49.76% |
| 2 | International Business Machines | 231.10 Bn | 185.71 Bn | 9.71 Bn | 15.88% |
| 3 | Equinix | 100.11 Bn | 88.01 Bn | 1.31 Bn | 23.34% |
| 4 | Cloudflare | 96.02 Bn | 78.46 Bn | 557.23 Mn | -8.68% |
| 5 | Nebius | 31.44 Bn | 4.87 Bn | 448.70 Mn | -30.21% |
| 6 | Verisign | 27.82 Bn | 25.17 Bn | 393.20 Mn | 66.93% |
| 7 | CoreWeave | 25.57 Bn | 12.66 Bn | 1.70 Bn | -1.90% |
| 8 | Nutanix | 15.68 Bn | 7.37 Bn | 651.35 Mn | 9.24% |
| 9 | GoDaddy | 14.30 Bn | 9.69 Bn | 843.00 Mn | 27.02% |
| 10 | Akamai Technologies | 12.01 Bn | 5.41 Bn | 613.75 Mn | 7.30% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 9.24% |
| 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% |
API Access
Nutanix Operating Margin 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-margin&ticker=NTNX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "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-margin&ticker=NTNX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();