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
DateValue
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