NTNX
Market read
The latest filing evidence is available. 0 of 0 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 12 directly disclosed connections are confirming.
Invalidation: The isolated read changes if NTNX's group or a disclosed connection begins moving with it.
Research brief
The latest filing evidence is available. 0 of 0 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 12 directly disclosed connections are confirming.
No thresholded adverse filing evidence is available yet.
Company research
Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.
No qualifying adverse evidence was identified; that is not proof there is no downside.
Reported annual revenue and per-share history. This is accounting history, not a forecast.
What management says matters
“Research and development expense also increased due to higher IT and facilities costs, partially offset by an increase in reimbursements for technical costs related to certain partner programs.”10-K · Sep 18, 2026 ↗
“The increase in other income (expense), net was partially offset by the decrease in the fair value of our convertible note receivable, an increase in foreign exchange expense, and an increase in interest expense related to our convertible notes, as the 2029 N…”10-K · Sep 18, 2026 ↗
“The increase in other income (expense), net was partially offset by the decrease in the fair value of our convertible note receivable, an increase in foreign exchange expense, and an increase in interest expense related to our convertible notes, as the 2029 N…”10-K · Sep 18, 2026 ↗
“General and administrative Three Months Ended January 31, Change Six Months Ended January 31, Change 2025 2026 $ % 2025 2026 $ % (in thousands, except percentages) General and administrative $ 59,828 $ 67,613 $ 7,785 13 % $ 113,504 $ 128,669 $ 15,165 13 % Per…”10-Q · Mar 2, 2026 ↗
Valuation discipline
Price/sales 7.2× · EV/sales 6.9×. Comparisons use only industry-matched filing peers.
Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.
Price action
Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 30 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.
Developments
Jodie has not returned a relevant primary source or news item for NTNX. This is an evidence-coverage gap, not a conclusion that nothing material happened.
Business and financial condition
Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.
Earlier comparable assessment · baseline
10-Q filed 2026-05-29 against the comparable filing from 2025-06-03.
A newer Struct brief is shown above. This older assessment remains here for comparison, not as the current read.
No thresholded deterioration was identified.
“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.
Business ecosystem
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Depends on
“In May 2026, we completed the issuance and sale of 4,136,789 shares of our Class A common stock to Advanced Micro Devices, Inc.”
“We have also developed and announced strategic technology partnerships that bring together best-in-class solutions across the ecosystem into integrated offerings and demonstrated interoperability and support for our customers, including partnerships with Adva…”
Depended on by
“Our technology partners include application partners such as VMware, RedHat, Nutanix, Microsoft, Oracle and SAP, cloud partners such as Microsoft Azure, AWS, Google, and IBM, data protection partners such as Commvault, Rubrik and Veeam, and infrastructure par…”
Filing peers
Companies whose filings use similar operating language.
Open the three relationships above to see Jodie’s filing proof. Pro unlocks 9 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →
What is moving around it
NTNX is currently a Follower in the organic co-movement group Unknown Theme. 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.
This group is retained as the last observed read for NTNX; it is not active in the latest market snapshot.
Context history
No durable theme membership has been observed for this name yet.