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-over-year from $260.4 million in Q2 2025, and up 2.18% quarter-over-quarter from $277.5 million in Q1 2026.
Analysis
Nutanix (NTNX) Research & Development (2015 - 2026) Analysis & Trends
Nutanix (NTNX) has reported Research & Development for 12 consecutive years, with $283.6 million the latest figure, recorded 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 $1.1 billion, a 9.0% increase from a year earlier, with the FY2025 full-year figure at $1.1 billion, up 8.1% from the prior year.
- Research & Development was $283.6 million for Q2 2026 at Nutanix, up from $277.5 million in the prior quarter.
- Over five years, Research & Development peaked at $285.2 million in Q4 2025 and troughed at $229.3 million in Q2 2023.
- A 5-year average of $251.9 million and a median of $249.3 million in 2022 frame the typical range for Research & Development.
- Across the five-year window, Research & Development dropped 10.91% in 2022 and gained 13.05% in 2024, its largest moves.
- Over 5 years, Research & Development stood at $236.2 million in 2022, then slipped by 0.38% to $235.3 million in 2023, then grew by 7.68% to $253.4 million in 2024, then climbed by 12.56% to $285.2 million in 2025, then slipped by 0.57% to $283.6 million in 2026.
- The last three Research & Development figures came in at $283.6 million (Q2 2026), $277.5 million (Q1 2026), and $285.2 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,711.27 Bn | 3,578.52 Bn | 60.48 Bn | 10.00 Bn |
| 2 | International Business Machines | 221.25 Bn | 209.98 Bn | 9.91 Bn | 2.31 Bn |
| 3 | Nebius | 57.28 Bn | 49.24 Bn | 448.70 Mn | 191.00 Mn |
| 4 | CoreWeave | 49.24 Bn | 43.70 Bn | 1.70 Bn | 60.00 Mn |
| 5 | Nutanix | 18.40 Bn | 16.38 Bn | 610.79 Mn | 283.61 Mn |
| 6 | DigitalOcean Holdings | 11.81 Bn | 11.04 Bn | 154.66 Mn | 57.52 Mn |
| 7 | Kingsoft Cloud Holdings | 3.27 Bn | 2.57 Bn | 68.71 Mn | -27.99 Mn |
| 8 | SharonAI Holdings | 2.00 Bn | 139.21 Mn | 1.17 Mn | - |
| 9 | Tuya | 1.16 Bn | 182.03 Mn | 43.05 Mn | -23.13 Mn |
| 10 | Backblaze | 776.06 Mn | 724.68 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Apr 30, 2026 | 283.61 Mn |
| Jan 31, 2026 | 277.54 Mn |
| Oct 31, 2025 | 285.23 Mn |
| Jul 31, 2025 | 281.28 Mn |
| Apr 30, 2025 | 260.40 Mn |
| Jan 31, 2025 | 261.38 Mn |
| Oct 31, 2024 | 253.40 Mn |
| Jul 31, 2024 | 259.36 Mn |
| Apr 30, 2024 | 245.90 Mn |
| Jan 31, 2024 | 236.70 Mn |
| Oct 31, 2023 | 235.32 Mn |
| Jul 31, 2023 | 229.43 Mn |
| Apr 30, 2023 | 229.26 Mn |
| Jan 31, 2023 | 229.79 Mn |
| Oct 31, 2022 | 236.22 Mn |
| Jul 31, 2022 | 252.60 Mn |
| Apr 30, 2022 | 234.62 Mn |
| Jan 31, 2022 | 241.73 Mn |
| Oct 31, 2021 | 250.03 Mn |
| Jul 31, 2021 | 271.06 Mn |