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| Date | Value |
|---|---|
| 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 |