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Nutanix, Inc. (NTNX) 10-Year Financial Performance & Capital Metrics

NTNX • • Industrial / General
TechnologyInfrastructure SoftwareCloud Infrastructure & Data ManagementCloud Computing & Development Platforms
AboutNutanix, Inc. provides an enterprise cloud platform in North America, Europe, the Asia Pacific, the Middle East, Latin America, and Africa. The company offers Acropolis converges virtualization, enterprise storage services, and networking visualization and security services; Acropolis Hypervisor, an enterprise-grade virtualization solution; Nutanix Karbon for automated deployment and management of Kubernetes clusters to simplify the provisioning, operations, and lifecycle management of cloud-native environments; and Nutanix Clusters solution. It also offers Prism Pro; Nutanix Beam, a cloud governance; and Nutanix Calm, an application marketplace, which provides automation services that streamline application lifecycle management and deliver powerful hybrid cloud orchestration. In addition, the company provides Nutanix Files, an enterprise-grade NFS and SMB files services; Nutanix Objects, a S3-compatible object services; Nutanix Era, a database automation and database-as-a-service solution; and Nutanix Frame, a desktop-as-a-service product to deliver virtual apps or desktops to users from multiple public cloud environments and/or an enterprises private cloud datacenter. Further, it offers products support, and consulting and implementation services. It serves customers in a range of industries, including automotive, consumer goods, education, energy, financial services, healthcare, manufacturing, media, public sector, retail, technology, and telecommunications, as well as service providers. The company was incorporated in 2009 and is headquartered in San Jose, California.Show more
  • Revenue $2.54B +18.1%
  • EBITDA $245M +203.7%
  • Net Income $188M +251.0%
  • EPS (Diluted) 0.65 +227.5%
  • Gross Margin 86.81% +2.2%
  • EBITDA Margin 9.66% +157.1%
  • Operating Margin 6.8% +1831.4%
  • Net Margin 7.42% +227.8%
  • ROE -
  • ROIC 688.91%
  • Debt/Equity -
  • Interest Coverage 8.75 +19490.4%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓FCF machine: 29.6% free cash flow margin
  • ✓High quality earnings: Operating CF exceeds net income
  • ✓Strong 5Y sales CAGR of 14.2%

✗Weaknesses

  • ✗Weak momentum: RS Rating 12 (bottom 12%)
  • ✗Shares diluted 20.2% in last year
  • ✗Trading more than 30% below 52-week high

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y26.52%
5Y14.18%
3Y17.09%
TTM17.45%

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM379.17%

EPS CAGR

10Y-
5Y-
3Y-
TTM306.33%

ROCE

10Y Avg-43.44%
5Y Avg-18.98%
3Y Avg-0.95%
Latest12.46%

Peer Comparison

Cloud Computing & Development Platforms
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Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
TUYATuya Inc.1.22B2.27267.0629.84%9.12%2.88%5.5%0.00
NTNXNutanix, Inc.14.23B52.6180.9418.11%8.43%5.27%
DOCNDigitalOcean Holdings, Inc.4.98B54.3961.1112.66%29.15%1.93%
ORCLOracle Corporation581.21B202.2946.618.38%25.28%50.65%4.96
WIXWix.com Ltd.4.96B90.3338.2812.74%7.2%9.68%
MSFTMicrosoft Corporation3.5T470.6734.5114.93%35.71%28.9%2.05%0.18
GDDYGoDaddy Inc.14.77B109.2816.947.5%17.01%9.03%8.54%5.63
DOXAmdocs Limited8.94B82.8116.40-9.43%12.48%16.29%7.22%0.24

Profit & Loss

Jul 2016Jul 2017Jul 2018Jul 2019Jul 2020Jul 2021Jul 2022Jul 2023Jul 2024Jul 2025
Sales/Revenue+503.41M845.9M1.16B1.24B1.31B1.39B1.58B1.86B2.15B2.54B
Revenue Growth %1.09%0.68%0.37%0.07%0.06%0.07%0.13%0.18%0.15%0.18%
Cost of Goods Sold+170.79M327.33M386.03M304.13M286.69M291.91M321.16M332.19M324.11M334.78M
COGS % of Revenue0.34%0.39%0.33%0.25%0.22%0.21%0.2%0.18%0.15%0.13%
Gross Profit+332.62M518.57M769.43M932.01M1.02B1.1B1.26B1.53B1.82B2.2B
Gross Margin %0.66%0.61%0.67%0.75%0.78%0.79%0.8%0.82%0.85%0.87%
Gross Profit Growth %1.37%0.56%0.48%0.21%0.1%0.08%0.14%0.22%0.19%0.21%
Operating Expenses+439.16M866.49M1.05B1.53B1.85B1.76B1.72B1.74B1.82B2.03B
OpEx % of Revenue0.87%1.02%0.91%1.24%1.41%1.26%1.09%0.93%0.85%0.8%
Selling, General & Admin322.76M577.87M736.06M1.03B1.3B1.21B1.15B1.16B1.18B1.29B
SG&A % of Revenue0.64%0.68%0.64%0.83%0.99%0.87%0.72%0.62%0.55%0.51%
Research & Development116.4M288.62M313.78M500.72M553.98M556.95M571.96M580.96M638.99M736.82M
R&D % of Revenue0.23%0.34%0.27%0.41%0.42%0.4%0.36%0.31%0.3%0.29%
Other Operating Expenses0000000000
Operating Income+-104.63M-348.41M-280.41M-598.04M-828.92M-662.11M-458.85M-207.15M7.56M172.54M
Operating Margin %-0.21%-0.41%-0.24%-0.48%-0.63%-0.47%-0.29%-0.11%0%0.07%
Operating Income Growth %0.12%-2.33%0.2%-1.13%-0.39%0.2%0.31%0.55%1.04%21.81%
EBITDA+-78.22M-310.01M-230.11M-520.43M-735.15M-567.74M-370.9M-130.76M80.76M245.24M
EBITDA Margin %-0.16%-0.37%-0.2%-0.42%-0.56%-0.41%-0.23%-0.07%0.04%0.1%
EBITDA Growth %0.23%-2.96%0.26%-1.26%-0.41%0.23%0.35%0.65%1.62%2.04%
D&A (Non-Cash Add-back)26.41M38.4M50.3M77.61M93.77M94.37M87.95M76.39M73.2M72.7M
EBIT-104.63M-348.41M-280.41M-583.75M-823.91M-937.17M-718.95M-169.47M68.06M220.03M
Net Interest Income+-2.3M0-5.6M-11.97M-17.86M-75.86M-55.97M-25.69M-100.89M42.59M
Interest Income009.1M17.35M13.45M4.07M4.76M38.43M68.49M62.31M
Interest Expense2.3M014.7M29.31M31.31M79.93M60.73M64.11M169.38M19.73M
Other Income/Expense-1.29M-26.38M-9.31M-15.02M-26.3M-354.99M-320.83M-26.43M-108.88M39.11M
Pretax Income+-105.92M-374.79M-289.71M-613.06M-855.22M-1.02B-779.68M-233.59M-101.32M211.65M
Pretax Margin %-0.21%-0.44%-0.25%-0.5%-0.65%-0.73%-0.49%-0.13%-0.05%0.08%
Income Tax+2.32M4.85M7.45M8.12M17.66M18.49M19.26M20.98M23.46M23.28M
Effective Tax Rate %1.02%1.01%1.03%1.01%1.02%1.02%1.02%1.09%1.23%0.89%
Net Income+-108.23M-379.64M-297.16M-621.18M-872.88M-1.03B-797.54M-254.56M-124.78M188.37M
Net Margin %-0.21%-0.45%-0.26%-0.5%-0.67%-0.74%-0.5%-0.14%-0.06%0.07%
Net Income Growth %0.14%-2.51%0.22%-1.09%-0.41%-0.18%0.23%0.68%0.51%2.51%
Net Income (Continuing)-108.23M-379.64M-297.16M-621.18M-872.88M-1.04B-798.95M-254.56M-124.78M188.37M
Discontinued Operations0000000000
Minority Interest0000000000
EPS (Diluted)+-0.79-3.57-1.81-3.43-4.48-5.01-3.62-1.09-0.510.65
EPS Growth %0.25%-3.52%0.49%-0.9%-0.31%-0.12%0.28%0.7%0.53%2.27%
EPS (Basic)-0.79-3.57-1.81-3.43-4.48-5.01-3.62-1.09-0.510.70
Diluted Shares Outstanding136.4M128.3M164.09M181.03M194.72M206.47M220.53M233.25M244.74M294.08M
Basic Shares Outstanding136.4M128.3M164.09M181.03M194.72M206.47M220.53M233.25M244.74M267.48M
Dividend Payout Ratio----------

Balance Sheet

Jul 2016Jul 2017Jul 2018Jul 2019Jul 2020Jul 2021Jul 2022Jul 2023Jul 2024Jul 2025
Total Current Assets+312M556.29M1.23B1.23B1.03B1.45B1.54B1.74B1.32B2.44B
Cash & Short-Term Investments185.2M349.05M934.3M908.83M719.78M1.21B1.32B1.44B994.34M1.99B
Cash Only99.21M138.36M305.98M396.68M318.74M285.72M402.85M512.93M655.27M769.5M
Short-Term Investments85.99M210.69M628.33M512.16M401.04M928.01M921.43M924.47M339.07M1.22B
Accounts Receivable110.66M178.88M258.29M250.54M259.45M189.07M132.07M163.21M237.81M348.28M
Days Sales Outstanding80.2377.1881.5973.9872.4249.4930.531.9840.450.09
Inventory0000000000
Days Inventory Outstanding----------
Other Current Assets16.14M28.36M36.82M12.04M14.4M12.07M37.43M56.13M26.48M95.08M
Total Non-Current Assets+87.09M181.92M370.47M557.07M743.22M826.17M823.12M785.18M822.47M847.1M
Property, Plant & Equipment42.22M58.07M85.11M136.96M270.5M237.52M232.18M205.42M245.31M277.34M
Fixed Asset Turnover11.92x14.57x13.58x9.03x4.83x5.87x6.81x9.07x8.76x9.15x
Goodwill016.67M87.76M185.18M185.26M185.26M185.26M184.94M185.24M185.24M
Intangible Assets026M45.37M66.77M49.39M32.01M15.83M4.89M5.15M2.62M
Long-Term Investments0002.84M3.25M3.15M3.01M2.84M392K15K
Other Non-Current Assets44.87M81.18M152.23M160.7M234.82M368.22M386.84M387.09M386.38M381.89M
Total Assets+399.09M738.21M1.6B1.79B1.77B2.28B2.37B2.53B2.14B3.28B
Asset Turnover1.26x1.15x0.72x0.69x0.74x0.61x0.67x0.74x1.00x0.77x
Asset Growth %0.6%0.85%1.17%0.12%-0.01%0.29%0.04%0.07%-0.15%0.53%
Total Current Liabilities+212.76M311.08M458.23M599.32M760.2M927.89M1.16B1.14B1.24B1.41B
Accounts Payable52.11M73.72M65.5M74.05M54.03M47.06M44.93M29.93M45.07M81.6M
Days Payables Outstanding111.3782.2161.9388.8768.7958.8451.0632.8850.7588.96
Short-Term Debt000036.57M44.44M187.94M33.09M28.12M23.23M
Deferred Revenue (Current)1000K1000K1000K1000K1000K1000K1000K1000K1000K1000K
Other Current Liabilities4.12M5.83M10.82M19.15M16.22M45.93M75.92M135.1M50.88M24.19M
Current Ratio1.47x1.79x2.68x2.05x1.35x1.56x1.33x1.53x1.06x1.72x
Quick Ratio1.47x1.79x2.68x2.05x1.35x1.56x1.33x1.53x1.06x1.72x
Cash Conversion Cycle----------
Total Non-Current Liabilities+252.26M210.07M814.87M999.83M1.28B2.36B2.01B2.1B1.63B2.56B
Long-Term Debt73.26M0429.6M458.91M490.22M1.06B1.16B1.22B570.07M1.34B
Capital Lease Obligations0000116.79M93.13M97.59M78.66M97.03M115.75M
Deferred Tax Liabilities0000000000
Other Non-Current Liabilities13.1M11.14M29.71M27.55M27.44M536.33M27.36M30.03M42.46M45.87M
Total Liabilities775.4M521.15M1.27B1.6B2.04B3.29B3.17B3.23B2.87B3.98B
Total Debt+73.26M0429.6M458.91M643.59M1.19B1.44B1.33B695.22M1.48B
Net Debt-25.95M-138.36M123.62M62.23M324.85M907.54M1.04B816.98M39.95M713.3M
Debt / Equity--1.31x2.46x------
Debt / EBITDA--------8.61x6.05x
Net Debt / EBITDA--------0.49x2.91x
Interest Coverage-45.49x--19.08x-20.40x-26.47x-8.28x-7.56x-3.23x0.04x8.75x
Total Equity+-376.31M217.06M326.78M186.89M-274.98M-1.01B-800.5M-707.42M-728.15M-694.52M
Equity Growth %-0.6%1.58%0.51%-0.43%-2.47%-2.68%0.21%0.12%-0.03%0.05%
Book Value per Share-2.761.691.991.03-1.41-4.90-3.63-3.03-2.98-2.36
Total Shareholders' Equity-56.26M48.2M326.78M186.89M-274.98M-1.01B-800.5M-707.42M-728.15M-694.52M
Common Stock3K4K4K5K5K5K6K6K7K7K
Retained Earnings-441.93M-899.83M-1.03B-1.65B-2.52B-3.63B-4.38B-4.63B-4.85B-4.9B
Treasury Stock0000000000
Accumulated OCI-12K-106K-1M669K2.03M-8K-6.08M-5.17M146K700K
Minority Interest0000000000

Cash Flow

Jul 2016Jul 2017Jul 2018Jul 2019Jul 2020Jul 2021Jul 2022Jul 2023Jul 2024Jul 2025
Cash from Operations+3.64M13.82M92.56M42.17M-159.88M-99.81M67.54M272.4M672.93M821.46M
Operating CF Margin %0.01%0.02%0.08%0.03%-0.12%-0.07%0.04%0.15%0.31%0.32%
Operating CF Growth %1.14%2.8%5.7%-0.54%-4.79%0.38%1.68%3.03%1.47%0.22%
Net Income-168.5M-458.01M-297.16M-621.18M-872.88M-1.03B-797.54M-254.56M-124.78M188.37M
Depreciation & Amortization26.41M38.4M50.3M77.61M93.77M94.37M87.95M76.39M73.2M72.7M
Stock-Based Compensation20.06M231.49M177.87M306.73M352M358.55M343.25M311.75M333.83M351.59M
Deferred Taxes-2.98M24.45M003M270.69M035.48M00
Other Non-Cash Items1.11M2.69M11.3M25.7M62.01M121.07M369.24M38.88M186.18M39.42M
Working Capital Changes127.55M174.8M150.25M253.31M202.21M89.78M64.65M64.47M204.5M169.38M
Change in Receivables-71.41M-67.38M-79.27M15.7M4.33M64.48M61M-25.89M-53.81M-71.89M
Change in Inventory-4.8M-10.89M-3.06M-29.49M13.49M18.88M0-6.05M00
Change in Payables19.98M21.28M-16.47M13.51M-16.57M-5.76M-1.46M-9.6M14.75M30.02M
Cash from Investing+-46.5M-176.09M-503.56M-16.85M24.56M-597.15M-54.19M-49.78M529.59M-951.69M
Capital Expenditures-42.29M-50.18M-62.37M-118.45M-89.49M-58.65M-49.06M-65.4M-75.25M-71.28M
CapEx % of Revenue0.08%0.06%0.05%0.1%0.07%0.04%0.03%0.04%0.04%0.03%
Acquisitions----------
Investments----------
Other Investing0000114.05M-538.51M-5.13M000
Cash from Financing+74.2M201.42M578.62M67.1M57.8M663.85M103.64M-112.71M-1.06B244.09M
Debt Issued (Net)----------
Equity Issued (Net)----------
Dividends Paid0000000000
Share Repurchases----------
Other Financing-2.21M29.09M-143.18M-2.03M065.77M74.61M-10.21M-109.98M-258.64M
Net Change in Cash----------
Free Cash Flow+-38.66M-36.36M30.18M-76.28M-249.37M-158.46M18.48M207M597.68M750.17M
FCF Margin %-0.08%-0.04%0.03%-0.06%-0.19%-0.11%0.01%0.11%0.28%0.3%
FCF Growth %0.21%0.06%1.83%-3.53%-2.27%0.36%1.12%10.2%1.89%0.26%
FCF per Share-0.28-0.280.18-0.42-1.28-0.770.080.892.442.55
FCF Conversion (FCF/Net Income)-0.03x-0.04x-0.31x-0.07x0.18x0.10x-0.08x-1.07x-5.39x4.36x
Interest Paid2.19M1.27M00000000
Taxes Paid2.46M5.21M10.12M29M16.63M16.64M20.35M30.78M23.65M32.54M

Key Ratios

Metric2016201720182019202020212022202320242025
Return on Equity (ROE)--174.9%-109.28%-241.86%------
Return on Invested Capital (ROIC)--332.01%-79.49%-128.24%-415.85%--514.1%-89.3%-688.91%
Gross Margin66.07%61.3%66.59%75.4%78.08%79.07%79.68%82.17%84.92%86.81%
Net Margin-21.5%-44.88%-25.72%-50.25%-66.75%-74.17%-50.45%-13.66%-5.81%7.42%
Debt / Equity--1.31x2.46x------
Interest Coverage-45.49x--19.08x-20.40x-26.47x-8.28x-7.56x-3.23x0.04x8.75x
FCF Conversion-0.03x-0.04x-0.31x-0.07x0.18x0.10x-0.08x-1.07x-5.39x4.36x
Revenue Growth108.51%68.03%36.59%6.98%5.79%6.63%13.37%17.85%15.35%18.11%

Revenue by Segment

20172018201920202021202220232024
Subscription and Circulation--648.41M1.03B1.24B--2.02B
Subscription and Circulation Growth---58.88%20.72%---
Professional Services--33.28M45.89M73.09M--100.85M
Professional Services Growth---37.90%59.28%---
Other Non Subscription Product-------31.19M
Other Non Subscription Product Growth--------
Service-267.47M---823.17M950.78M-
Service Growth------15.50%-
Product-887.99M---757.62M912.11M-
Product Growth------20.39%-

Revenue by Geography

20172018201920202021202220232024
UNITED STATES462.77M648.8M682.34M706.11M758.13M887.14M1.04B1.19B
UNITED STATES Growth-40.20%5.17%3.48%7.37%17.02%17.15%14.43%
EMEA139.17M224.39M238.36M277.49M320.84M374.19M471.37M563.28M
EMEA Growth-61.24%6.22%16.42%15.62%16.63%25.97%19.50%
Asia Pacific131.92M240.25M271.71M265.09M260.64M274.37M309.14M348.95M
Asia Pacific Growth-82.11%13.10%-2.44%-1.68%5.27%12.67%12.88%
Other Americas33.01M42.01M43.73M58.99M54.76M45.1M43.1M47.37M
Other Americas Growth-27.28%4.10%34.88%-7.17%-17.65%-4.43%9.92%

Frequently Asked Questions

Valuation & Price

Nutanix, Inc. (NTNX) has a price-to-earnings (P/E) ratio of 80.9x. This suggests investors expect higher future growth.

Growth & Financials

Nutanix, Inc. (NTNX) reported $2.62B in revenue for fiscal year 2025. This represents a 8473% increase from $30.5M in 2013.

Nutanix, Inc. (NTNX) grew revenue by 18.1% over the past year. This is strong growth.

Yes, Nutanix, Inc. (NTNX) is profitable, generating $220.5M in net income for fiscal year 2025 (7.4% net margin).

Dividend & Returns

Nutanix, Inc. (NTNX) generated $772.8M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

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