Login
Companies $NTNX
$72.74 +$0.03 (0.04%) Close
Nutanix, Inc. logo

Nutanix, Inc.

nutanix.com

What Do They Do?

Sells hybrid-cloud infrastructure software for organizations running applications, data and AI across data centers, edge locations and public clouds.

How Do They Make Money?

Organizations pay for software licenses, support and maintenance, and cloud software subscriptions. Software licenses are generally paid when the software is made available or the accompanying server ships; support and maintenance are paid over the service term, and professional services are paid as the work is performed.

FY2026 revenue by product or service revenue
SegmentShareRevenue
Subscription and Circulation, Software Entitlement and Support Subscription
Recurring

46%
FY2023: 49%
Subscription and Circulation, Software Term-based Licenses
Sold outright

50%
FY2023: 44%
Professional services
Sold outright
5.0%

Who Are Their Customers?

Organizations across many industries, including service providers, use Nutanix software. Nutanix engages key IT decision makers directly, while channel partners and OEMs sell its solutions to end customers; service providers also use the platform to offer cloud services.

Do Revenues Turn Into Profits?

Yes. It kept 53 cents of every revenue dollar as net income in FY2026 and turned 29 cents into free cash flow.

Operating income, FY2026
10% of revenue
▲ +59% vs FY2025 ($172.5M, 7%)
Net income, FY2026
53% of revenue
▲ +700% vs FY2025 ($188.4M, 7%)
Free cash flow, FY2026
29% of revenue
▲ +12% vs FY2025 ($750.2M, 30%)

How Are They Changing?

Growing. Revenue grew 81% in 4 years, from $1.6B in FY2022 to $2.9B in FY2026, about 16% a year.

Broader workloads and AI The latest business description includes enterprise AI workloads and agentic AI tools, alongside traditional and modern applications. The older description focuses on enterprise applications, databases, virtual desktops and analytics.

Wider infrastructure choices The latest description includes qualified external storage and more public-cloud deployments as platform options. The older description emphasizes software running across qualified server platforms and public cloud environments.

Revenue over time
Subscription and Circulation, Software Entitlement and Support Subscription Subscription and Circulation, Software Term-based Licenses Professional services Software Hardware
$5B$2.5B$0

Who Do They Compete With?

Competes with VMware by Broadcom, Microsoft, Red Hat, AWS, Google Cloud, Oracle Cloud, Azure, Dell, Everpure, Fujitsu, HPE, Hitachi Vantara, Lenovo, NetApp, and Huawei Technologies

Create Account

Sign up for free to unlock this feature.

Already have an account? Sign in

Premium Feature

This feature requires a premium subscription to unlock unlimited historical data and advanced analysis tools.

Premium includes:

  • Unlimited historical financial data
  • Advanced analytics and insights
  • Priority support