NTNX
Nutanix, Inc.
NTNX lost money over the past year, so it has no meaningful PE right now. Analysts expect earnings to recover and profitability to improve, though they disagree widely on how much.
NTNX Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| Strong | |
| Healthy |
NTNX's revenue, profitability, cash flow and balance sheet are all currently healthy.
NTNX PE Valuation
NTNX has no meaningful PE right now: it lost money over the past year.
NTNX Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Growth | |
| Improving | |
| Moderate | |
| Low |
Analysts expect earnings and revenue growth for NTNX, with profitability improving. However, they disagree widely on these estimates.
NTNX Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $2.36 | +23489% |
| Q2 2025 | $0.01 | +$0.07 |
| Q1 2025 | -$0.27 | +$0.03 |
| Q4 2024 | -$0.34 | +$0.39 |
| Q3 2024 | -$0.51 | +$0.58 |
| Q2 2024 | -$0.06 | +$1.62 |
| Q1 2024 | -$0.30 | +$1.58 |
| Q4 2023 | -$0.73 | +$1.37 |
| Q3 2023 | -$1.09 | +$2.53 |
NTNX has returned to profit: it earned $0.01 per share over the past year, after losing money the year before.
NTNX Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $757.1M | +16% |
| Q2 2026 | $703.1M | +10% |
| Q1 2026 | $722.8M | +10% |
| Q4 2025 | $670.6M | +13% |
| Q3 2025 | $653.3M | +19% |
| Q2 2025 | $639M | +22% |
| Q1 2025 | $654.7M | +16% |
| Q4 2024 | $591M | +16% |
NTNX's revenue has grown year over year for 16 quarters in a row: $757M last quarter, up 16% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 9.2% | +4.5 points |
| Q2 2026 | 10% | +2.4 points |
| Q1 2026 | 12% | +1.7 points |
| Q4 2025 | 7.4% | +2.8 points |
| Q3 2025 | 4.8% | +7 points |
| Q2 2025 | 7.6% | +9.8 points |
| Q1 2025 | 10% | +3.4 points |
| Q4 2024 | 4.6% | +5.7 points |
NTNX's operating margin was 9.2% last quarter, up 4.5 points from the same quarter a year ago.
NTNX Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $277.6M | +34% |
| Q2 2026 | $197.2M | -3.1% |
| Q1 2026 | $191.4M | +2.3% |
| Q4 2025 | $174.5M | +15% |
| Q3 2025 | $207.8M | -7.3% |
| Q2 2025 | $203.4M | +160% |
| Q1 2025 | $187.1M | +15% |
| Q4 2024 | $151.9M | +15% |
NTNX generated $841M in free cash flow over the past year, up 12% from the year before.
NTNX Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -18% | -52.8M shares |
| 1 year | +6% | +13.8M shares |
| 3 years | +21% | +42.7M shares |
NTNX has 246M diluted shares, up 6% from a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | $50.3M |
| Q2 2026 | $50.1M |
| Q1 2026 | $332.9M |
| Q4 2025 | $50.2M |
| Q3 2025 | $50M |
| Q2 2025 | $37.8M |
| Q1 2025 | $200M |
| Q4 2024 | $20.1M |
NTNX Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 1.7x | Healthy |
| Q2 2026 | 2.1x | Moderate |
| Q1 2026 | 2.6x | Moderate |
| Q4 2025 | 2.1x | Moderate |
| Q3 2025 | 2.3x | Moderate |
| Q2 2025 | 2.3x | Moderate |
| Q1 2025 | 1.9x | Healthy |
| Q4 2024 | -1.3x | Net Cash |
NTNX's net debt is about 1.7 years of its operating earnings (EBITDA), down from 2.3 years a year ago.
NTNX Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 49.4 | Neutral |
| Stochastic | 25.2 | Neutral |
NTNX's weekly RSI is 49 (neutral) and its Stochastic is 25 (neutral).
NTNX PE vs Technology Sector
| Metric | NTNX | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 28x | — |
NTNX has no meaningful PE right now: it lost money over the past year.
NTNX Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $67.4 | 9.6% below |
| 20 week MA | $64.2 | 5.2% below |
| 50 week MA | $52.4 | 16% above |
| 100 week MA | $61.2 | 0.6% below |
| 200 week MA | $53.6 | 14% above |
NTNX's trend is mixed: it's above two of its five weekly moving averages, and 14% above its 200-week average.
NTNX Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $31.7 | $33.2 | +4.7% |
| 2021 | $33.2 | $32.5 | -2.3% |
| 2022 | $32.5 | $25.7 | -21% |
| 2023 | $25.7 | $47.7 | +86% |
| 2024 | $47.7 | $62.5 | +31% |
| 2025 | $62.5 | $52.8 | -15% |
| 2026 YTD | $52.8 | $60.9 | +15% |
NTNX has finished lower in three of the last six years. It's up 15% so far in 2026.