Nutanix (NTNX) Research & Development (2015 - 2026)
Nutanix (NTNX) posted quarterly Research & Development of $196.1 million for Q2 2026, up 5.2% YoY from $186.4 million in Q2 2025, and down 3.05% sequentially from $202.3 million in Q1 2026.
Nutanix (NTNX) Research & Development (2015 - 2026) Analysis & Trends
Nutanix has disclosed Research & Development across 12 years of filings, most recently posting $196.1 million for Q2 2026.
- In Q2 2026, Research & Development rose 5.2% year-over-year to $196.1 million; the TTM figure through Apr 2026 stood at $779.5 million (up 9.7% YoY), while the FY2025 annual figure was $736.8 million, up 15.31% from the prior year.
- Research & Development slipped to $196.1 million in Q2 2026, from $202.3 million in the prior quarter.
- Over the last five years, Research & Development for NTNX reached as high as $202.3 million in Q1 2026 and fell as low as $141.9 million in Q1 2022.
- The 5-year median for Research & Development is $159.8 million (2024), against an average of $165.1 million.
- Annual changes were most pronounced in 2022 — Research & Development decreased 1.78% — and 2025, when it advanced 17.08%.
- 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.
- According to Business Quant data, Research & Development over the past three periods registered $196.1 million, $202.3 million, and $187.5 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,853.66 Bn | 2,775.39 Bn | 56.06 Bn | 8.92 Bn |
| 2 | Oracle | 408.21 Bn | 376.86 Bn | 17.12 Bn | 2.61 Bn |
| 3 | Palantir Technologies | 300.98 Bn | 293.06 Bn | 1.42 Bn | 160.98 Mn |
| 4 | Palo Alto Networks | 247.84 Bn | 243.30 Bn | 1.91 Bn | 511.00 Mn |
| 5 | CrowdStrike Holdings | 193.63 Bn | 190.57 Bn | 993.68 Mn | 356.41 Mn |
| 6 | Fortinet | 117.45 Bn | 114.16 Bn | 1.49 Bn | 214.00 Mn |
| 7 | Cloudflare | 86.88 Bn | 85.93 Bn | 455.60 Mn | 150.97 Mn |
| 8 | Synopsys | 86.18 Bn | 86.06 Bn | 1.77 Bn | 714.99 Mn |
| 9 | Block | 46.10 Bn | 39.21 Bn | 2.91 Bn | 1.04 Bn |
| 10 | Nutanix | 13.62 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 |