Nutanix (NTNX) Research & Development (2015 - 2026)
Nutanix (NTNX) posted Research & Development of $205.05 million for fiscal Q4 2026 (quarter ended Jul 31, 2026), up 5.9% from $193.67 million a year earlier and up 4.6% from the prior quarter.
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Analysis
Nutanix (NTNX) Research & Development (2015 - 2026) Analysis & Trends
For FY2026 (ended Jul 31, 2026), Nutanix's Research & Development came in at $790.89 million, up 7.3% from FY2025.
- Annual Research & Development has increased for 11 consecutive fiscal years, with a five-year compound annual growth rate of 7.2% (FY2021 to FY2026).
- In prior fiscal years, Nutanix's Research & Development was $736.82 million in FY2025 (+15.3%), $638.99 million in FY2024 (+10.0%), $580.96 million in FY2023 (+1.4%) and $573 million in FY2022 (+2.7%).
- The fiscal Q4 2026 figure stands as the highest quarterly Research & Development in data going back to fiscal Q1 2016.
- On a year-over-year basis, Research & Development has increased in each of the last 17 quarters, with growth averaging 11.3% over the last eight quarters.
- The strongest year-over-year quarter for Research & Development in the past five years was fiscal Q3 2025, with growth of 17.1%; the weakest was fiscal Q3 2022, with a decline of 1.8%.
- According to Business Quant data, Research & Development for the three prior fiscal quarters was $196.1 million (Q3 2026), $202.26 million (Q2 2026) and $187.48 million (Q1 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,833.59 Bn | 3,756.75 Bn | 60.48 Bn | 10.00 Bn |
| 2 | International Business Machines | 212.47 Bn | 163.37 Bn | 9.91 Bn | 2.31 Bn |
| 3 | Cloudflare | 112.40 Bn | 95.93 Bn | 499.52 Mn | 159.49 Mn |
| 4 | Equinix | 99.47 Bn | 88.02 Bn | 1.40 Bn | - |
| 5 | Nebius | 60.05 Bn | 33.48 Bn | 448.70 Mn | 191.00 Mn |
| 6 | CoreWeave | 48.26 Bn | 35.35 Bn | 1.70 Bn | - |
| 7 | Verisign | 25.97 Bn | 23.18 Bn | 384.60 Mn | 27.50 Mn |
| 8 | Nutanix | 18.41 Bn | 10.09 Bn | 651.35 Mn | 205.05 Mn |
| 9 | Akamai Technologies | 16.36 Bn | 9.77 Bn | 613.75 Mn | 148.82 Mn |
| 10 | DigitalOcean Holdings | 14.67 Bn | 12.67 Bn | 154.66 Mn | 57.52 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 205.05 Mn |
| Apr 30, 2026 | 196.10 Mn |
| Jan 31, 2026 | 202.26 Mn |
| Oct 31, 2025 | 187.48 Mn |
| Jul 31, 2025 | 193.67 Mn |
| Apr 30, 2025 | 186.41 Mn |
| Jan 31, 2025 | 182.79 Mn |
| Oct 31, 2024 | 173.96 Mn |
| Jul 31, 2024 | 167.40 Mn |
| Apr 30, 2024 | 159.22 Mn |
| Jan 31, 2024 | 160.40 Mn |
| Oct 31, 2023 | 151.98 Mn |
| Jul 31, 2023 | 146.20 Mn |
| Apr 30, 2023 | 143.02 Mn |
| Jan 31, 2023 | 142.30 Mn |
| Oct 31, 2022 | 149.44 Mn |
| Jul 31, 2022 | 144.27 Mn |
| Apr 30, 2022 | 142.33 Mn |
| Jan 31, 2022 | 141.87 Mn |
| Oct 31, 2021 | 144.27 Mn |
API Access
Nutanix Research & Development 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=research-and-development&ticker=NTNX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "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=research-and-development&ticker=NTNX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();