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
DateValue
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