Nutanix (NTNX) Research & Development (2015 - 2026)

Nutanix (NTNX) reported Research & Development of $196.1 million for Q2 2026, up 5.2% year-over-year from $186.4 million in Q2 2025, and down 3.05% quarter-over-quarter from $202.3 million in Q1 2026.

Nutanix (NTNX) Research & Development (2015 - 2026) Analysis & Trends

Nutanix (NTNX) has 12 years of Research & Development data on file, last reported at $196.1 million in Q2 2026.

  • Research & Development for Q2 2026 came in at $196.1 million, up 5.2% year-over-year; the trailing twelve-month figure through Apr 2026 was $779.5 million (up 9.7% YoY), and the FY2025 annual result was $736.8 million, up 15.31% from the prior year.
  • Research & Development fell to $196.1 million in Q2 2026 per NTNX's latest filing, from $202.3 million in the prior quarter.
  • Over five years, Research & Development peaked at $202.3 million in Q1 2026 and troughed at $141.9 million in Q1 2022.
  • A 5-year average of $165.1 million and a median of $159.8 million in 2024 frame the typical range for Research & Development.
  • The sharpest annual moves came in 2022 and 2025: Research & Development decreased 1.78% in 2022, then advanced 17.08% in 2025.
  • A 5-year view of Research & Development shows it stood at $149.4 million in 2022, then increased by 1.69% to $152.0 million in 2023, then advanced by 14.47% to $174.0 million in 2024, then gained by 7.77% to $187.5 million in 2025, then grew by 4.6% to $196.1 million in 2026.
  • Business Quant data shows NTNX's Research & Development at $196.1 million in Q2 2026, $202.3 million in Q1 2026, and $187.5 million in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Microsoft 2,998.30 Bn 2,920.03 Bn 56.06 Bn 8.92 Bn
2 Alarum Technologies 1,040.72 Bn 1,026.57 Bn 7.23 Mn 2.30 Mn
3 Oracle 590.32 Bn 551.74 Bn 15.14 Bn 2.61 Bn
4 Palantir Technologies 316.31 Bn 308.39 Bn 1.42 Bn 160.98 Mn
5 Palo Alto Networks 181.17 Bn 176.63 Bn 1.91 Bn 511.00 Mn
6 CrowdStrike Holdings 161.69 Bn 158.63 Bn 993.68 Mn 356.41 Mn
7 Fortinet 102.35 Bn 99.06 Bn 1.49 Bn 214.00 Mn
8 Synopsys 88.25 Bn 88.13 Bn 1.77 Bn 714.99 Mn
9 Cloudflare 83.26 Bn 82.32 Bn 455.60 Mn 150.97 Mn
10 Nutanix 13.41 Mn -2.00 Bn 610.79 Mn 196.10 Mn

Historic Data

Download Data
DateValue
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
Jul 31, 2021 141.72 Mn