Nutanix, Inc.
NTNX
Jodie read · what matters now
Revenue increased 10.0% versus the comparable filing period.
The story is only the start. Jodie keeps watching the filing evidence, the companies connected to NTNX, and whether its market group begins moving.
Latest filing assessment · baseline
Fundamentals strengthened in the latest filing
10-Q filed 2026-05-29 against the comparable filing from 2025-06-03.
What improved
- Revenue increased 10.0% versus the comparable filing period.
- Operating margin improved 2.4 percentage points.
What weakened
No thresholded deterioration was identified.
Filing receipts
“Research and development Three Months Ended April 30, Change Nine Months Ended April 30, Change 2025 2026 $ % 2025 2026 $ % (in thousands, except percentages) Research and development $ 186,413 $ 196,098 $ 9,685 5 % $ 543,157 $ 585,839 $ 42,682 8 % Percent of total revenue 29.2 % 27.9 % 28.8 % 27.9 % Research and development expense increased for the three and nine months ended April 30, 2026, as compared to the respective prior year periods, due primarily to higher personnel-related costs resulting from the 8% growth in our R&D headcount from April 30, 2025 to April 30, 2026, as well as an increase in IT and facilities costs, partially offset by an increase in reimbursements for technical...”
“Cost of Revenue and Gross Margin Three Months Ended April 30, Change Nine Months Ended April 30, Change 2025 2026 $ % 2025 2026 $ % (in thousands, except percentages) Cost of product revenue $ 6,776 $ 5,816 $ (960 ) (14 )% $ 23,969 $ 15,782 $ (8,187 ) (34 )% Product gross margin 98.0 % 98.4 % 97.6 % 98.6 % Cost of support, maintenance and other services revenue $ 76,215 $ 86,463 $ 10,248 13 % $ 226,980 $ 255,240 $ 28,260 12 % Support, maintenance and other services gross margin 74.0 % 74.4 % 74.3 % 74.4 % Total gross margin 87.0 % 86.9 % 86.7 % 87.1 % Cost of product revenue Cost of product revenue decreased for the three and nine months ended April 30, 2026, as compared to the respective p...”
“Operating Expenses Sales and marketing Three Months Ended April 30, Change Nine Months Ended April 30, Change 2025 2026 $ % 2025 2026 $ % (in thousands, except percentages) Sales and marketing $ 260,402 $ 283,605 $ 23,203 9 % $ 775,185 $ 846,381 $ 71,196 9 % Percent of total revenue 40.8 % 40.3 % 41.1 % 40.4 % Sales and marketing expense increased for the three and nine months ended April 30, 2026, as compared to the respective prior year periods, due primarily to higher personnel-related costs resulting from the 7% growth in our sales and marketing headcount from April 30, 2025 to April 30, 2026, as well as increased marketing spending on events.”
Retrospective baseline calibration. It was generated after the filing date and is not part of Jodie's live track record.
Who this business touches
The relationships behind NTNX
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Depends on
Depended on by
Filing peers
Companies whose filings use similar operating language.
You can see the shape of the network here. Pro opens 9 more links, the original filing receipts, and alerts when connected names begin moving. See Pro →
What is moving around it
Live connections
NTNX is currently a Participant in the organic co-movement group Payment Software. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 3 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.
Theme membership history
No durable theme membership has been observed for this name yet.