Nutanix, Inc.

Services-Prepackaged Software

NTNXStrained7 of 10 basics passed

$74.76

+2.26%

Market cap $20.2B

$74.76

+2.26%

Market cap $20.2B

Nutanix Inc is engaged in cloud software, offering organizations a single platform for running applications and managing data anywhere.

It is a $20.2B technology company. Revenue grew 12.4% over the last year, it keeps 53¢ of every dollar of sales as profit, and it holds more cash than debt. It trades at 13.4× earnings.

Website: nutanix.com
Location: San Jose, CA
Employees: 8 350
Sector: Technology

Share price · 3 years

$36.62 → $74.76+104.2%

price only — dividends excluded

Key facts · TTM

Revenue: total sales; $2.85B
Profit: keeps 53¢ of every $1 sold; $1.51B
Free cash flow: cash left after running the business; $841M
Net cash: more cash than debt; $840M
P/E: years of profit in the price; 13.4
Shares: up 32% since 2022 — dilution; 292,183
Volatility: beta vs the market — under 1 swings less; 0.72

Revenue, last 10 years

52-week range

Low $34.41$74.76High $74.76

Today's price is 100% of the way from the year's low to its high.

Valuation vs own history

P/E

73.2×

P/S

7.3×

EV/EBITDA

82.3×

P/B

28.7×

FCF yield

3.8%

34%

Share of the last ~5 years that was pricier than today (unusually expensive vs its own history). Based on the daily valuation record.

Insider activity · 90 days

-$37.1Mnet selling

Purchases$0

Sales$37.1M

Insiders trading, last 14d0 buy · 2 sell

Standing in Technology

Size$20.2Btop 57%
Revenue growth+15%top 36%
Net margin53%top 4%
Return on equity181%top 3%
P/E13.4×top 9%

Ranked against 220 Technology companies with a full CV — for P/E, lower ranks higher.

Skills

Six independent scores, 0–100, built from reported numbers and valuation history. Click a row to see how it was scored.

Valuation, Growth, Health, Quality and Moat lag behind.

Valuation24

P/E vs own history100th pct · 0/25
FCF yield4.2% · 12/25
P/S7.1x · 12/25
EV/EBITDA75.7x · 0/25

Growth20

Revenue CAGR15.9% · 20/25
Net income CAGRn/a · 0/25
EPS CAGR ~5Yn/a · 0/25
Fwd implied growth-54.1% · 0/25

Profitability62

ROICn/a · 0/25
ROE180.7% · 25/25
Net margin52.8% · 25/25
Operating margin9.6% · 12/25

Health43

Altman Zn/a · 0/25
Current ratio1.80 · 18/25
Interest coverage-0.0x · 0/25
Net cash / debtNet cash · 25/25

Quality40

Piotroski F5/9 · 15/25
Beneish M3.40 · 0/25
FCF conversion279% · 25/25
Margin stabilityσ 27.4% · 0/25

Moat35

ROIC >12% yearsn/a · 0/25
Median gross margin79.4% · 25/25
FCF-positive years6/10 yrs · 10/25
Worst-year net marginworst -74.2% · 0/25

How the scores work →

Experience

The company's career so far — founding, the IPO, landmark products and acquisitions, plus revenue milestones and insider buying.

FY2026Financial
Best year on record
$1.51B net income
FY2025Financial
Turned profitable
$188M net income after a loss year
FY2023Financial
Became debt-free
cash now exceeds total debt
FY2022Financial
Positive free cash flow every year since
5-year streak
FY2018Financial
Revenue crossed $1B
$1.16B for the year

Achievements

Verifiable track record, straight from the reported numbers.

$10 000 invested in 2021 would be worth ~$18 657 today — price return only

$2.9B revenue in FY2026

Revenue up 12.4% year over year

Positive free cash flow 5 years in a row

8 350 employees

Strengths & watch-outs

What a bull and a bear would each point to. Both lists come from the reported numbers, not opinions.

Strengths

High gross margin (86.9%)
Strongly profitable — 52.8% net margin
Revenue growing 12.4% year over year
Strong cash conversion — FCF is 29.5% of revenue
Net cash position after subtracting debt from cash

Watch-outs

Thin interest coverage (-0.0×)
Loss-making in 8 of the recent years

Qualifications

The basics a company should meet before you research it further. Each check uses the reported numbers.

7 of 10 checks passed

Revenue growing — the company sells more than a year ago+12.4% YoY
Profitable — makes more than it spends$1.51B TTM
Profit growing — earnings are higher than last year+700.0% YoY
Generates cash — cash left after running and investing$841M TTM
Debt under control — could handle its obligationsmore cash than debt
Established company — not a micro-cap — lower blow-up risk$20.2B market cap
Not printing shares — share count not ballooning — you keep your slice+32.5% shares over ~5y
Proven track record — years of profitability behind it2/10 profitable years
Financially stable — balance sheet not near distresshealth score 18/100
Pays a dividend — returns cash to shareholdersno data
Valuation not extreme — price not wildly above earningsP/E 13.4

Peer comparisonNutanix, Inc. vs 6 largest technology peers — cap, P/E, growth and margin side by sideOpen ▾

Company	Market cap	P/E	Revenue growth	Net margin	Profile
NTNX this company	$20.2B	13.4	+12.4%	52.8%	Strained
NVDA Nvidia Corp	$5.5T	28.6	+83.4%	63.7%	Mixed
AAPL Apple Inc.	$4.9T	38.1	+14.2%	27.6%	Strong
GOOGL Alphabet Inc.	$4.3T	17.6	+20.1%	54.8%	Mixed
MSFT Microsoft Corp	$4.0T	29.7	+17.8%	40.3%	Strong
SPCX Space Exploration Technologies Corp.	$2.1T	—	+33.2%	-34.0%	Strained
META Meta Platforms, Inc.	$1.8T	26.9	+27.7%	29.8%	Mixed

Head-to-head: NTNX vs NVDA · NTNX vs AAPL · NTNX vs GOOGL

References

What covering analysts publish about the company — information only, not a recommendation.

Strong buy 4Buy 11Hold 10

Appendix · Financial records

The full statements behind this CV, FY2017–FY2026. For readers who want to check the numbers.

Profit & lossRevenue $2.85B · net income $1.51B (TTM)Open ▾

Profit & loss

Revenue and profit over the company's career — the income statement, visualised.

How FY2026 revenue flows to profit

RevenueNet income

Revenue (TTM)

$2.85B

YoY 12.4%

Net income (TTM)

$1.51B

Margin 52.8%

Gross margin

86.9%

Operating margin

9.6%

P/E ratio

13.4

Income statement — full detail

Figures in USD billions · EPS in USD

	2021	2022	2023	2024	2025	2026
Revenue	1.4	1.6	1.9	2.1	2.5	2.9
Gross profit	1.1	1.3	1.5	1.8	2.2	2.5
Operating income (EBIT)	-0.7	-0.5	-0.2	0.0	0.2	0.3
Net income	-1.0	-0.8	-0.3	-0.1	0.2	1.5
EPS (diluted)	—	-3616.48	-1091.38	-509.82	640.52	5157.17

Cash flowFree cash flow $841M · operating cash flow $917M (TTM)Open ▾

Cash flow statement

Cash generated by the business and what is left after investment — year by year.

Operating cash flowFree cash flow

Free cash flow (TTM)

$841M

Margin 29.5%

Operating cash flow (TTM)

$917M

FCF margin

28.0%

Cash flow statement — full detail

Figures in USD billions

	2021	2022	2023	2024	2025	2026
Operating cash flow	-0.1	0.1	0.3	0.7	0.8	0.9
Capital expenditure	-0.1	-0.0	-0.1	-0.1	-0.1	-0.1
Free cash flow	-0.2	0.0	0.2	0.6	0.8	0.8
FCF margin	-11.4%	1.2%	11.1%	27.8%	29.6%	29.5%

Balance sheetAssets $5.07B · net cash $840M (FY2026)Open ▾

Balance sheet

How the balance sheet is built — what it owns versus how it is financed.

How $5.07B of assets is financed

86%

Liabilities $4.37B — borrowed moneyEquity $703M — owners' stake

Cash vs debt

Total debt $1.52B − cash $2.36B = net cash $840M

Cash on hand covers all debt.

Debt repayment

Not needed

Cash already covers all debt

Interest coverage

-0.0x

EBIT ÷ interest expense

ROE

180.7%

Profit per $1 of equity

Balance sheet — full detail

Figures in USD billions

	2021	2022	2023	2024	2025	2026
Cash & equivalents	1.2	1.3	1.4	1.0	2.0	2.4
Total assets	2.3	2.4	2.5	2.1	3.3	5.1
Total liabilities	3.3	3.2	3.2	2.9	4.0	4.4
Total debt	—	1.4	1.3	0.7	1.5	1.5
Equity	-1.0	-0.8	-0.7	-0.7	-0.7	0.7
Net debt	—	0.1	-0.1	-0.3	-0.5	-0.8

Want the live picture — intraday moves, valuation history and full analysis?

Deeper analysis of NTNX on PreMarketPrice

Figures are derived from company filings (quarterly values normalised from as-filed year-to-date data where applicable) and may be delayed, restated or incomplete. This page is information, not investment advice. Latest price $74.76 · market cap $20.2B.