Nutanix, Inc.

NTNX 10-Q · Q3 2026

NTNX Q3 2026 request

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Income Statement

Income Statement
Metric Q3 2026 Q3 2025 YoY
Revenue 703,066 638,983 +10.0%
Show Product Lines breakouts
Product 364,938 345,479 +5.6%
Professional services and other 38,274 29,320 +30.5%
Professional services and other · Maximum 31.7 28 +13.2%
Ratable 322.6 279.7 +15.3%
Service 338,128 293,504 +15.2%
Subscription And Circulation 664,792 609,663 +9.0%
Upfront 342.2 330 +3.7%
Show Geography breakouts
Asia Pacific 103,278 106,902 -3.4%
EMEA 201,115 172,415 +16.6%
Other Americas 21,627 13,564 +59.4%
US 377,046 346,102 +8.9%
Cost of Revenue 92,279 82,991 +11.2%
Show Product Lines breakouts
Product 5,816 6,776 -14.2%
Service 86,463 76,215 +13.4%
Gross Profit 610,787 555,992 +9.9%
Sales & Marketing 283,605 260,402 +8.9%
Research & Development 196,098 186,413 +5.2%
General & Administrative 60,575 60,532 +0.1%
Operating Expenses 540,278 507,347 +6.5%
Operating Income 70,509 48,645 +44.9%
Non-Operating Income (Expense) 10,805 15,954 -32.3%
Income Before Taxes 81,314 64,599 +25.9%
Income Tax Expense (Benefit) 9,227 1,236 +646.5%
Net Income 72,087 63,363 +13.8%
Show Equity Components breakouts
Retained Earnings 72,087 63,363 +13.8%
EPS (Basic) 0.27 0.24 +12.5%
EPS (Diluted) 0.25 0.22 +13.6%
Wtd Avg Shares (Basic) 265,950 267,566 -0.6%
Wtd Avg Shares (Diluted) 287,481 296,804 -3.1%
Comprehensive Income 67,723 66,350 +2.1%
Other Comprehensive Income -4,364 2,987 -246.1%
Show Equity Components breakouts
Accumulated Other Comprehensive Income -4,364 2,987 -246.1%

Balance Sheet

Balance Sheet
Metric Q3 2026 Q3 2025 YoY
Current Assets
Cash & Cash Equivalents 718,812 872,599 -17.6%
Available For Sale Securities Debt Securities Current 1,299,091 1,009,870 +28.6%
Show Fair Value Hierarchy breakouts
Fair Value Inputs Level2 · Commercial Paper 50,389 41,128 +22.5%
Fair Value Inputs Level2 · Corporate Debt Securities 743,537
Fair Value Inputs Level2 · Fair Value Measurements Recurring 505,165 30,388 +1562.4%
Show Financial Instrument breakouts
Commercial Paper · Fair Value Measurements Recurring 50,389 41,128 +22.5%
Corporate Debt Securities · Fair Value Measurements Recurring 743,537
Show Fair Value By Measurement Frequency breakouts
Fair Value Measurements Recurring · US Government Debt Securities 505,165 30,388 +1562.4%
Accounts Receivable 251,588 270,232 -6.9%
Deferredcommissionscurrentportion 146,360 147,361 -0.7%
Prepaid Expenses & Other Current Assets 195,669 110,981 +76.3%
Total Current Assets 2,611,520 2,411,043 +8.3%
Non-Current Assets
Property, Plant & Equipment 127,316 143,711 -11.4%
Operating Lease Right-of-Use Assets 175,261
Goodwill 185,235 185,235 0.0%
Other Non-Current Assets 126,201 31,521 +300.4%
Total Assets 3,418,628 3,096,630 +10.4%
Other Assets
Deferredsalescommissionsnoncurrent 191,062 180,111 +6.1%
Intangible Assets Net Excluding Goodwill 2,033
Current Liabilities
Accounts Payable 84,382 49,596 +70.1%
Employee Related Liabilities Current 165,336 175,814 -6.0%
Accrued Liabilities 28,199
Deferred Revenue (Current) 1,154,755 1,008,731 +14.5%
Operating Lease Liability Current 37,346 24,951 +49.7%
Total Current Liabilities 1,470,018 1,281,555 +14.7%
Non-Current Liabilities
Contract With Customer Liability Noncurrent 1,152,223 1,020,467 +12.9%
Operating Lease Liabilities 144,063 120,351 +19.7%
Other Non-Current Liabilities 30,453 43,090 -29.3%
Total Liabilities 4,144,241 3,808,064 +8.8%
Other Liabilities
Convertible Long Term Notes Payable 1,347,484 1,342,601 +0.4%
Stockholders' Equity
Common Stock 7 7 0.0%
Additional Paid In Capital Common Stock 4,219,337 4,179,565 +1.0%
Accumulated Other Comprehensive Income -307 3,391 -109.1%
Retained Earnings -4,944,650 -4,894,397 -1.0%
Total Stockholders' Equity -725,613 -711,434 -2.0%
Show Equity Components breakouts
Accumulated Other Comprehensive Income -307 3,391 -109.1%
Additional Paid In Capital 4,219,337 4,179,565 +1.0%
Common Stock 7 7 0.0%
Retained Earnings -4,944,650 -4,894,397 -1.0%
Total Liabilities & Equity 3,418,628 3,096,630 +10.4%

Cash Flow Statement

Cash Flow Statement
Metric YTD Q3 2026 YTD Q3 2025 YoY
Operating Activities
Depreciation & Amortization 53,581 54,451 -1.6%
Stock-Based Compensation 263,142 266,419 -1.2%
Amortization Of Financing Costs And Discounts 4,085 2,519 +62.2%
Increase Decreasein Operating Lease Cost Netof Accretion 25,497 21,355 +19.4%
Other Non-Cash Items -7,935 -4,690 -69.2%
Change in Accounts Receivable -1,506 -14,084 +89.3%
Increase Decrease In Deferred Charges 4,870 31,339 -84.5%
Change in Prepaid & Other Assets -92,429 -10,589 -772.9%
Change in Accounts Payable 3,128 3,774 -17.1%
Increase Decrease In Employee Related Liabilities -53,410 -10,528 -407.3%
Increase Decrease In Accrued Liabilities -9,324 -5,601 -66.5%
Increase Decreasein Operating Leases Net -23,812 -23,640 -0.7%
Change in Deferred Revenue 198,583 130,139 +52.6%
Net Cash from Operations 601,675 601,927 -0.0%
Investing Activities
Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities 607,475 272,846 +122.6%
Purchases of Investments -679,600 -941,406 +27.8%
Proceeds From Sale And Maturity Of Marketable Securities 2,750 2,011 +36.7%
Capital Expenditures -38,570 -59,533 +35.2%
Net Cash from Investing -107,945 -726,082 +85.1%
Unpaid Taxes Paid Related To Net Share Settlement Of Equity Awards 1,672 2,554 -34.5%
Financing Activities
Proceeds From Stock Plans 61,447 68,525 -10.3%
Show Plan Name breakouts
Employee Stock Purchase Plan 61.4 66.1 -7.1%
Taxes Paid Related To Net Share Settlement Of Equity Awards -169,402 -212,919 +20.4%
Share Repurchases -433,240 -257,859 -68.0%
Show Statement Class Of Stock breakouts
Common Class A -432.5 -57.5 -652.2%
Other Financing Activities Net -2,637 -2,943 +10.4%
Net Cash from Financing -543,832 341,119 -259.4%
Amortization of Financing Costs (YTD)
Show Debt Instrument breakouts
2027 Convertible Senior Notes · Convertible Debt 1,013 1,083 -6.5%
2029 Convertible Senior Notes · Convertible Debt 2,653 1,316 +101.6%
Supplemental
Income Taxes Paid 25,972 25,550 +1.7%
Unpaid Capital Expenditures 6,601 1,186 +456.6%
Other Cash Flow
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect -50,102 216,964 -123.1%
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents 719,415 872,626 -17.6%
Restricted Cash 603 27 +2133.3%

Values in thousands USD. Source: SEC EDGAR 10-Q filing.

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