Nutanix (NTNX) Research & Development (2015 - 2026)
Nutanix's (NTNX) quarterly Research & Development came in at $283.6 million in Q2 2026, up 8.91% year-on-year from $260.4 million in Q2 2025, and up 2.18% on a QoQ basis from $277.5 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 $283.6 million in Q2 2026.
- On a quarterly basis, Research & Development rose 8.91% year-over-year to $283.6 million in Q2 2026; TTM through Apr 2026 was $808.0 million, a 32.75% decrease from a year earlier, with the FY2025 full-year figure at $736.8 million, down 24.61% from the prior year.
- Research & Development for Q2 2026 stood at $283.6 million, up from $277.5 million in the prior quarter.
- Over the last five years, Research & Development for NTNX reached as high as $550.3 million in Q3 2022 and fell as low as -$38.4 million in Q3 2025.
- Historically, Research & Development has averaged $236.1 million across 5 years, with a median of $232.6 million in 2023.
- Across the five-year window, Research & Development surged 346.01% in 2022 and tumbled 107.59% in 2025, its largest moves.
- Year by year, Research & Development stood at $149.4 million in 2022, then jumped by 57.47% to $235.3 million in 2023, then fell by 26.08% to $174.0 million in 2024, then jumped by 63.97% to $285.2 million in 2025, then retreated by 0.57% to $283.6 million in 2026.
- Per Business Quant data, the three most recent Research & Development figures were $283.6 million in Q2 2026, $277.5 million in Q1 2026, and $285.2 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,921.46 Bn | 2,797.02 Bn | 56.06 Bn | 6.81 Bn |
| 2 | PagSeguro Digital | 2,686.70 Bn | 2,686.70 Bn | 358.92 Mn | - |
| 3 | Oracle | 344.13 Bn | 312.24 Bn | - | 4.01 Bn |
| 4 | Repay Holdings | 342.29 Bn | 342.15 Bn | - | - |
| 5 | Palantir Technologies | 294.57 Bn | 286.54 Bn | 1.42 Bn | 160.98 Mn |
| 6 | Palo Alto Networks | 224.46 Bn | 219.93 Bn | 1.91 Bn | 823.00 Mn |
| 7 | CrowdStrike Holdings | 182.52 Bn | 179.42 Bn | 993.68 Mn | 802.89 Mn |
| 8 | Fortinet | 111.29 Bn | 107.99 Bn | 1.49 Bn | 636.30 Mn |
| 9 | Cloudflare | 93.63 Bn | 92.68 Bn | 455.60 Mn | 271.60 Mn |
| 10 | Nutanix | 15.69 Mn | -2.00 Bn | 610.79 Mn | 283.61 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 283.61 Mn |
| Jan 31, 2026 | 277.54 Mn |
| Oct 31, 2025 | 285.23 Mn |
| Jul 31, 2025 | -38.36 Mn |
| Apr 30, 2025 | 260.40 Mn |
| Jan 31, 2025 | 261.38 Mn |
| Oct 31, 2024 | 173.96 Mn |
| Jul 31, 2024 | 505.69 Mn |
| Apr 30, 2024 | 159.22 Mn |
| Jan 31, 2024 | 160.40 Mn |
| Oct 31, 2023 | 235.32 Mn |
| Jul 31, 2023 | 229.43 Mn |
| Apr 30, 2023 | 143.02 Mn |
| Jan 31, 2023 | 229.79 Mn |
| Oct 31, 2022 | 149.44 Mn |
| Jul 31, 2022 | 550.34 Mn |
| Apr 30, 2022 | 142.33 Mn |
| Jan 31, 2022 | 241.73 Mn |
| Oct 31, 2021 | 144.27 Mn |
| Jul 31, 2021 | -223.71 Mn |