Nutanix

NTNX Technology Software Infrastructure

Nutanix’s revenue for fiscal 2026 (year ended July 2026) was $2.9 billion, up 12.4% from fiscal 2025.

Revenue
+15.9%
EPS
+3,250.0%
Free cash flow
+33.6%
Total debt
+0.36%

Quarter to July 2026, against a year earlier

64.85 0.42 +0.65%
Market cap
$17.6B
P/E
11.6×
Fwd P/E
53.4×
Dividend yield
—
F-score
4/9
Altman Z
2.21
Beneish M
−1.45
Dividend safety
n/a

Nutanix (NTNX) revenue by segment, product and region

Where the money comes from and where it goes

Fiscal 2026: revenue by products and services, and margins
Product 1,490 52.20%
Support, Entitlements and Other Services 1,364 47.80%
Gross margin 86.80%
Operating margin 9.60%
Pre-tax margin 11.46%

Revenue by product or service $m

Line FY2026 FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019 FY2018 FY2017 FY2016
Support, Entitlements and Other Services 1,364 1,197 1,081 951 823 689 542 404 267 173 90
Also reported: a second breakdown of the same revenue
Subscription and Circulation, Software Term-based Licenses 1,413 1,272 988 825 663 604 521 272 87 16 —
Subscription and Circulation, Software Entitlement and Support Subscription 1,300 1,138 1,029 906 770 639 509 376 244 157 —
Professional services 141 127 132 92 92 73 46 33 24 16 —
Software — — — 37 50 71 208 449 544 421 288
Hardware — — — 3 6 6 23 105 257 236 126
Other non-subscription product — — — 40 55 — — — — — —
Product — — — — — — — — — — 414
Subscription and Circulation 2,712 2,411 2,017 1,731 1,434 1,244 1,030 648 331 173 —
Revenue 2,854 2,538 2,149 1,863 1,581 1,394 1,308 1,236 1,155 846 503

Gross profit by product or service $m, and margin

Revenue by region $m

Line FY2026 FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019 FY2018 FY2017 FY2016 FY2015
U.S. 1,530 1,409 1,189 1,039 887 758 706 682 649 488 319 161
Europe, the Middle East and Africa 831 686 563 471 374 321 277 238 224 139 66 44
Asia Pacific 418 393 349 309 274 261 265 272 240 187 97 28
Other Americas 74 50 47 43 45 55 59 44 42 32 22 8
Revenue 2,854 2,538 2,149 1,863 1,581 1,394 1,308 1,236 1,155 846 503 241

Operating figures as reported in each quarter’s results release or filing

Figure Quarter Latest A year before Change
Annual recurring revenue Q4 FY2026 $2.5B $2.2B +14.65%
Average contract duration Q4 FY2026 3.30 3.20 +3.13%
Total billings Q1 FY2026 $708.1M — —

As each company reports them in its 10-K and 10-Q filings, in US dollars. Where a later filing recast a year's segments, the year is shown as recast; a period whose breakdown does not add up to the company's revenue is left out.