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Nutanix, Inc. NTNX Service — Cost of Goods Sold

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Other financials

Income statement

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Revenue$703.1M+10.0%
Gross profit$610.8M+9.9%
Operating income$70.5M+44.9%
Net income$72.1M+13.8%
EPS (diluted)$0.25+13.6%

Balance sheet

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Cash & equivalents$718.8M-17.6%
Total debt$184.8M+20.8%
Total equity-$725.6M-2.0%
Total assets$3.4B+10.4%

Cash flow

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Operating cash flow$207.5M-5.0%
CapEx$10.3M-31.6%
Free cash flow$197.2M-3.1%

Valuation

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Market cap$16.48B-18.8%
Enterprise value$15.94B-18.9%
P/E59.7×-48.0×
P/S-2.0×

Profitability

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Gross margin87.1%+0.7pp
Operating margin8.6%
Net margin10%+9.1pp
FCF margin28%-3.5pp

Returns & leverage

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Return on equity-305.6%
Debt / equity2.3×
Current ratio1.8×-0.1×

Where this comes from

Reported directly by Nutanix, Inc. in its filing.

Tagged under the XBRL concept us-gaap:CostOfGoodsAndServicesSold.

The source filing: Nutanix, Inc.’s 10-Q, filed May 29, 2026.

Filed
May 29, 2026, 4:10 PM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q2 2026
Accession
0001193125-26-248282
Line itemThree Months Ended April 30, 2025Three Months Ended April 30, 2026Nine Months Ended April 30, 2025Nine Months Ended April 30, 2026
Total revenue638,983703,0661,884,6602,096,467
Cost of revenue:
Product6,7765,81623,96915,782
Support, maintenance and other services76,21586,463226,980255,240
Total cost of revenue82,99192,279250,949271,022
Gross profit555,992610,7871,633,7111,825,445
Operating expenses:
Sales and marketing260,402283,605775,185846,381

Item 1. Financial Statements (Unaudited)

FAQ

What is Nutanix, Inc.'s service — cost of goods sold?
Nutanix, Inc. (NTNX) reported service — cost of goods sold of $86.46M in Q1 2026.
How has Nutanix, Inc.'s service — cost of goods sold changed year-over-year?
Nutanix, Inc.'s service — cost of goods sold increased by 13.4% year-over-year, from $76.22M to $86.46M.
What is the long-term trend for Nutanix, Inc.'s service — cost of goods sold?
Over 4 years (2021 to 2025), Nutanix, Inc.'s service — cost of goods sold has grown at a 6.7% compound annual growth rate (CAGR), from $236.62M to $306.44M.
What does service — cost of goods sold mean?
This metric captures the direct costs incurred to deliver services, including personnel costs for support engineers, third-party service delivery expenses, and infrastructure costs associated with service fulfillment. It serves as a measure of the operational efficiency of the service organization. Monitoring this cost helps assess the scalability of the service model as the company expands its customer base.

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