Nutanix, Inc.
NTNX · Services-Prepackaged Software · 270.3M shares · +6%/yr ↑ shares · EDGAR filings ↗
Reference price $55.29 · est. market cap ~$14.9B — last insider sale, 2026-06-01 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
B74Newly profitable hyperconverged-software vendor with elite FCF and gross margin; equity still negative.
Strengths
- Elite free cash flow — FCF $750.2M (81st), FCF margin 29.6%
- Elite gross margin, now profitable — 86.8% (95th), net margin 7.4%
- Solid growth — revenue +18.1%
Risks
- Negative equity — ROE -27.1% from accumulated losses; net income -251% is a swing artifact
- Average liquidity — current ratio 1.83 (56th)
- VMware/hyperscaler competition — per 10-K
Notable findings
- Fund exitedNotable fund(s) exited this quarter: VANGUARD GROUP INC, Bridgewater Associates, LP
- Strong balance sheetStrong balance sheet — $2.0B cash & investments
- Notable holderHeld by 5 notable fund(s): FMR LLC, STATE STREET CORP, GOLDMAN SACHS GROUP INC +2 more (as of 2026-03-31)
- Insider sellingInsider selling — 2 open-market sale(s) by 1 insider(s) (~$3M, last 6mo) Form 4 ↗
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Gross margin
86.8%
Operating margin
6.8%
Net margin
7.4%
Return on equity
-27.1%
Return on assets
5.7%
Revenue growth (QoQ)
-2.7%
Current ratio
1.8×
Free cash flow
$750M
EBITDA
$245M
Tangible book value
-$882M
Cash & investments
$2.0B
Stock comp / revenue
13.9%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-06-15 | Sivaraman Rukmini | Option exercise | 4.8K | — |
| 2026-06-15 | Sivaraman Rukmini | Option exercise | 3.0K | — |
| 2026-06-15 | Sivaraman Rukmini | Option exercise | 4.8K | — |
| 2026-06-15 | Sivaraman Rukmini | Option exercise | 3.4K | — |
| 2026-06-15 | Sivaraman Rukmini | Tax withheld | 11K | $49.40 |
| 2026-06-15 | Maner Tarkan | Option exercise | 4.8K | — |
| 2026-06-15 | Maner Tarkan | Option exercise | 2.6K | — |
| 2026-06-15 | Maner Tarkan | Option exercise | 1.7K | — |
| 2026-06-15 | Maner Tarkan | Option exercise | 1.9K | — |
| 2026-06-15 | Maner Tarkan | Tax withheld | 4.0K | $49.40 |
| 2026-06-15 | RAMASWAMI RAJIV | Option exercise | 17K | — |
| 2026-06-15 | RAMASWAMI RAJIV | Option exercise | 16K | — |
| 2026-06-15 | RAMASWAMI RAJIV | Option exercise | 8.5K | — |
| 2026-06-15 | RAMASWAMI RAJIV | Option exercise | 8.8K | — |
| 2026-06-15 | RAMASWAMI RAJIV | Tax withheld | 27K | $49.40 |
| 2026-06-15 | Martin Brian | Option exercise | 2.8K | — |
| 2026-06-15 | Martin Brian | Option exercise | 1.9K | — |
| 2026-06-15 | Sivaraman Rukmini | Option exercise | 6.2K | — |
| 2026-06-15 | Martin Brian | Tax withheld | 1.7K | $49.40 |
| 2026-06-01 | Maner Tarkan | Sell | 31K | $55.29 |
| 2026-05-29 | Maner Tarkan | Sell | 19K | $52.24 |
| 2026-03-15 | Sivaraman Rukmini | Option exercise | 3.4K | — |
| 2026-03-15 | RAMASWAMI RAJIV | Option exercise | 17K | — |
| 2026-03-15 | RAMASWAMI RAJIV | Option exercise | 16K | — |
| 2026-03-15 | RAMASWAMI RAJIV | Option exercise | 8.5K | — |
| 2026-03-15 | RAMASWAMI RAJIV | Option exercise | 8.8K | — |
| 2026-03-15 | RAMASWAMI RAJIV | Tax withheld | 23K | $39.29 |
| 2026-03-15 | Maner Tarkan | Option exercise | 4.8K | — |
| 2026-03-15 | Maner Tarkan | Option exercise | 2.6K | — |
| 2026-03-15 | Maner Tarkan | Option exercise | 1.7K | — |
| 2026-03-15 | Maner Tarkan | Option exercise | 1.9K | — |
| 2026-03-15 | Maner Tarkan | Tax withheld | 4.1K | $39.29 |
| 2026-03-15 | Martin Brian | Option exercise | 2.8K | — |
| 2026-03-15 | Martin Brian | Option exercise | 1.9K | — |
| 2026-03-15 | Martin Brian | Tax withheld | 1.8K | $39.29 |
| 2026-03-15 | Sivaraman Rukmini | Option exercise | 4.8K | — |
| 2026-03-15 | Sivaraman Rukmini | Option exercise | 6.2K | — |
| 2026-03-15 | Sivaraman Rukmini | Option exercise | 4.8K | — |
| 2026-03-15 | Sivaraman Rukmini | Option exercise | 3.0K | — |
| 2026-03-15 | Sivaraman Rukmini | Tax withheld | 8.1K | $39.29 |
| 2025-12-15 | RAMASWAMI RAJIV | Option exercise | 17K | — |
| 2025-12-15 | RAMASWAMI RAJIV | Option exercise | 16K | — |
| 2025-12-15 | RAMASWAMI RAJIV | Option exercise | 8.5K | — |
| 2025-12-15 | RAMASWAMI RAJIV | Option exercise | 8.8K | — |
| 2025-12-15 | RAMASWAMI RAJIV | Tax withheld | 27K | $47.76 |
| 2025-12-15 | Sivaraman Rukmini | Option exercise | 4.8K | — |
| 2025-12-15 | Sivaraman Rukmini | Option exercise | 6.2K | — |
| 2025-12-15 | Sivaraman Rukmini | Option exercise | 4.8K | — |
| 2025-12-15 | Sivaraman Rukmini | Option exercise | 3.0K | — |
| 2025-12-15 | Sivaraman Rukmini | Option exercise | 3.4K | — |
| 2025-12-15 | Sivaraman Rukmini | Tax withheld | 11K | $47.76 |
| 2025-12-15 | Martin Brian | Option exercise | 2.8K | — |
| 2025-12-15 | Martin Brian | Option exercise | 1.9K | — |
| 2025-12-15 | Martin Brian | Tax withheld | 2.4K | $47.76 |
| 2025-12-12 | Conway Craig | Grant | 4.6K | — |
| 2025-12-12 | GOMO STEVEN J | Grant | 4.6K | — |
| 2025-12-12 | Sheppard Teresa Gayle | Grant | 4.6K | — |
| 2025-12-12 | Gambale Virginia | Grant | 4.6K | — |
| 2025-12-12 | TEMPLETON MARK B | Grant | 4.6K | — |
| 2025-12-12 | Lavender Robert G | Grant | 4.6K | — |
| 2025-12-12 | BRANDT ERIC | Grant | 4.6K | — |
| 2025-12-12 | de Groen Max Pieter | Grant | 4.6K | — |
| 2025-10-02 | Sheppard Teresa Gayle | Sell | 600 | $76.88 |
| 2025-10-02 | RAMASWAMI RAJIV | Sell | 105K | $76.26 |
| 2025-10-02 | RAMASWAMI RAJIV | Sell | 39K | $76.87 |
| 2025-10-02 | Sheppard Teresa Gayle | Sell | 2.9K | $76.40 |
| 2025-09-30 | Martin Brian | Sell | 10K | $76.53 |
| 2025-09-17 | Lavender Robert G | Grant | 843 | — |
| 2025-09-16 | Sivaraman Rukmini | Sell | 11K | $78.34 |
| 2025-09-15 | RAMASWAMI RAJIV | Option exercise | 17K | — |
| 2025-09-15 | RAMASWAMI RAJIV | Option exercise | 16K | — |
| 2025-09-15 | RAMASWAMI RAJIV | Option exercise | 8.5K | — |
| 2025-09-15 | RAMASWAMI RAJIV | Tax withheld | 176K | $78.21 |
| 2025-09-15 | Sivaraman Rukmini | Option exercise | 2.6K | — |
| 2025-09-15 | Sivaraman Rukmini | Option exercise | 4.8K | — |
| 2025-09-15 | Sivaraman Rukmini | Option exercise | 6.2K | — |
| 2025-09-15 | Sivaraman Rukmini | Option exercise | 4.8K | — |
| 2025-09-15 | Martin Brian | Option exercise | 11K | — |
| 2025-09-15 | Sivaraman Rukmini | Tax withheld | 59K | $78.21 |
| 2025-09-15 | Sivaraman Rukmini | Option exercise | 3.0K | — |
| 2025-09-15 | Martin Brian | Tax withheld | 12K | $78.21 |
| 2025-09-15 | RAMASWAMI RAJIV | Option exercise | 8.6K | — |
| 2025-08-25 | Sivaraman Rukmini | Grant | 53K | — |
| 2025-08-25 | Sivaraman Rukmini | Grant | 25K | — |
| 2025-08-25 | Sivaraman Rukmini | Grant | 16K | — |
| 2025-08-25 | RAMASWAMI RAJIV | Grant | 146K | — |
| 2025-08-25 | RAMASWAMI RAJIV | Grant | 85K | — |
| 2025-08-25 | RAMASWAMI RAJIV | Grant | 45K | — |
| 2025-08-25 | Martin Brian | Grant | 15K | — |
| 2025-06-26 | RAMASWAMI RAJIV | Sell | 1.9K | $75.00 |
| 2025-06-16 | Sivaraman Rukmini | Sell | 200 | $73.25 |
| 2025-06-16 | Sivaraman Rukmini | Sell | 1.9K | $72.68 |
| 2025-06-15 | Sivaraman Rukmini | Option exercise | 2.6K | — |
| 2025-06-15 | Sivaraman Rukmini | Option exercise | 4.8K | — |
| 2025-06-15 | Sivaraman Rukmini | Option exercise | 6.2K | — |
| 2025-06-15 | Sivaraman Rukmini | Option exercise | 4.8K | — |
| 2025-06-15 | Sivaraman Rukmini | Option exercise | 3.0K | — |
| 2025-06-15 | Sivaraman Rukmini | Tax withheld | 11K | $72.13 |
| 2025-06-15 | RAMASWAMI RAJIV | Option exercise | 8.6K | — |
| 2025-06-15 | RAMASWAMI RAJIV | Option exercise | 17K | — |
| 2025-06-15 | RAMASWAMI RAJIV | Option exercise | 16K | — |
| 2025-06-15 | RAMASWAMI RAJIV | Option exercise | 8.5K | — |
| 2025-06-15 | RAMASWAMI RAJIV | Tax withheld | 27K | $72.13 |
| 2025-06-05 | de Groen Max Pieter | Sell | 5.5M | $76.81 |
| 2025-06-05 | Gambale Virginia | Sell | 7.0K | $78.00 |
| 2025-06-05 | de Groen Max Pieter | Other | 125K | — |
| 2025-05-30 | GOMO STEVEN J | Sell | 15K | $75.10 |
| 2025-05-15 | BRANDT ERIC | Grant | 2.1K | — |
| 2025-05-13 | RAMASWAMI RAJIV | Sell | 61K | $79.00 |
| 2025-03-24 | RAMASWAMI RAJIV | Sell | 7.7K | $75.00 |
| 2025-03-17 | Sivaraman Rukmini | Sell | 1.0K | $69.46 |
| 2025-03-17 | Sivaraman Rukmini | Sell | 1.5K | $70.52 |
| 2025-03-15 | Sivaraman Rukmini | Option exercise | 3.0K | — |
| 2025-03-15 | Sivaraman Rukmini | Tax withheld | 8.7K | $69.47 |
| 2025-03-15 | Sivaraman Rukmini | Option exercise | 6.2K | — |
| 2025-03-15 | RAMASWAMI RAJIV | Option exercise | 8.6K | — |
| 2025-03-15 | RAMASWAMI RAJIV | Option exercise | 17K | — |
| 2025-03-15 | RAMASWAMI RAJIV | Option exercise | 16K | — |
| 2025-03-15 | RAMASWAMI RAJIV | Option exercise | 8.5K | — |
| 2025-03-15 | RAMASWAMI RAJIV | Tax withheld | 25K | $69.47 |
| 2025-03-15 | Sivaraman Rukmini | Option exercise | 2.6K | — |
| 2025-03-15 | Sivaraman Rukmini | Option exercise | 4.8K | — |
| 2025-03-15 | Sivaraman Rukmini | Option exercise | 4.8K | — |
| 2025-03-06 | Humphrey David | Gift | 25K | — |
| 2025-03-04 | Humphrey David | Other | 393K | — |
| 2025-03-04 | de Groen Max Pieter | Sell | 5.5M | $74.51 |
| 2025-03-04 | de Groen Max Pieter | Other | 393K | — |
| 2025-03-04 | Humphrey David | Sell | 5.5M | $74.51 |
| 2025-02-28 | GOMO STEVEN J | Sell | 7.0K | $76.16 |
| 2025-02-04 | RAMASWAMI RAJIV | Sell | 96K | $70.00 |
| 2025-01-13 | Sivaraman Rukmini | Sell | 294 | $61.55 |
All non-derivative Form 4 activity (SEC), newest first.
Supply chain
Customers (1)
Suppliers (0)
Named in the 10-K; linked when we track them.
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-05-27 | ResultsExhibits | filing ↗ |
| 2026-05-05 | 3.02 | filing ↗ |
| 2026-04-07 | Reg FDExhibits | filing ↗ |
| 2026-03-26 | 5.03Exhibits | filing ↗ |
| 2026-02-25 | Results3.02Reg FDExhibits | filing ↗ |
| 2025-12-22 | Exec/director change | filing ↗ |
| 2025-12-17 | OtherExhibits | filing ↗ |
| 2025-12-15 | Exec/director changeShareholder voteExhibits | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 10-Q | 2026-05-29 | 2026-04-30 | 0001193125-26-248282 ↗ |
| 8-K | 2026-05-27 | 2026-05-27 | 0001171843-26-003724 ↗ |
| 8-K | 2026-05-05 | 2026-05-04 | 0001193125-26-204667 ↗ |
| 8-K | 2026-04-07 | 2026-04-07 | 0001171843-26-002298 ↗ |
| 8-K | 2026-03-26 | 2026-03-24 | 0001193125-26-126340 ↗ |
| 10-Q | 2026-03-02 | 2026-01-31 | 0001193125-26-085397 ↗ |
| 8-K | 2026-02-25 | 2026-02-23 | 0001171843-26-001101 ↗ |
| 8-K | 2025-12-22 | 2025-12-18 | 0001193125-25-328770 ↗ |
| 8-K | 2025-12-17 | 2025-12-16 | 0001193125-25-321799 ↗ |
| 8-K | 2025-12-15 | 2025-12-12 | 0001193125-25-319180 ↗ |
| 10-Q | 2025-12-04 | 2025-10-31 | 0001193125-25-308095 ↗ |
| 8-K | 2025-11-25 | 2025-11-25 | 0001171843-25-007590 ↗ |