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Nutanix, Inc. (NTNX)

Vertical SaaS

SaaS Metrics & Investor Data — Q2 2026

analyticsEditorial Financial Analysis

Financial Performance & Trajectory

Nutanix has demonstrated a robust and accelerating top-line trajectory, with trailing revenue reaching $2.74B in Q2 2026. The sequential improvement in YoY growth from 18.1% in Q3 2025 to 27.3% in Q2 2026 signals a successful re-acceleration of the business, likely driven by strong hybrid multi-cloud adoption and a maturing subscription model. Gross margins remain best-in-class at 87.1%, reflecting high software mix and operational leverage. Free cash flow margins, while compressing from a peak of 29.6% in Q3 2025 to 18.4% in Q2 2026, still indicate strong cash generation. This compression is acceptable given the simultaneous revenue growth acceleration, suggesting intentional reinvestment into growth initiatives.

Operational & Go-to-Market (GTM) Efficiency

The company is operating at an elite efficiency level, consistently scoring above the critical 40% threshold on the Rule of 40 metric. The score improved from 43.8 in Q1 2026 to 45.8 in Q2 2026, driven by the revenue acceleration offsetting the slight decline in FCF margin. While specific net revenue retention (NRR) and CAC payback data are unavailable in this dataset, the combination of high gross margins and a sustained Rule of 40 above 45 implies a highly efficient GTM engine with strong unit economics. The pattern suggests that R&D and sales investments are yielding tangible, accelerating returns rather than diminishing marginal utility.

Market Valuation & Sentiment

At 4.8x trailing EV/Revenue, Nutanix trades at a premium to many mature SaaS peers. This multiple is justified by the accelerating growth profile and the Rule of 40 performance, which significantly exceeds the 40% benchmark. The valuation is supported by a bullish Wall Street consensus: 20 Buys versus 12 Holds, with an average price target of $56.67. Critically, insider trading activity shows zero net selling over the last four filings, indicating strong confidence from management in the company's trajectory. The market is effectively pricing in continued operational excellence and sustained growth acceleration, a thesis currently validated by the reported metrics.

Disclaimer: The editorial financial analysis above is generated using data sourced from SEC EDGAR filings and Wall Street consensus ratings. This analysis is provided for informational and educational purposes only and does not constitute financial, investment, or professional advice. Readers should conduct their own research or consult with a registered financial advisor before making any investment decisions.

Nutanix, Inc. (NTNX) is a Vertical SaaS SaaS company with a market cap of N/A as of Q2 2026. The company trades at N/A EV/Revenue and has delivered +27.3% revenue growth year-over-year. With a gross margin of 87% and FCF margin of 18.4%, Nutanix, Inc. scores 46 on the Rule of 40 — placing it in the upper half of public SaaS companies tracked by SaaSDB.

compare_arrowsSector Benchmarking

Latest company metrics compared to the Vertical SaaS sector medians

Rule of 40
Outperforming
45.8%vs 30.2% median

Rule of 40 is 45.8% (sector median: 30.2%) — outperforming peers by 15.5%.

Revenue Growth
Outperforming
27.3%vs 15.5% median

Revenue Growth is 27.3% (sector median: 15.5%) — outperforming peers by 11.8%.

Gross Margin
Outperforming
87.1%vs 74.1% median

Gross Margin is 87.1% (sector median: 74.1%) — outperforming peers by 13.0%.

FCF Margin
Outperforming
18.4%vs 11.9% median

FCF Margin is 18.4% (sector median: 11.9%) — outperforming peers by 6.6%.

monitoringInvestor Metrics

Market Cap
N/A
Q2 2026
Enterprise Value
N/A
Q2 2026
Revenue (TTM)
$2.7B
Q2 2026
27.3%
Year-over-year
N/A
Enterprise Value multiple
N/A
Price-to-Sales
87.1%
Gross profit margin
9.2%
Operating income margin

From the makers of SaaSDB

B

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rocket_launchFounder & Operator Metrics

45.8
Revenue growth + FCF margin
18.4%
Free cash flow margin
87.1%
Gross profit margin
Operating leverage
4.4x
Margin expansion vs revenue growth
R&D intensity
28%
R&D as % of TTM revenue

Not publicly disclosed by this company: Net Revenue Retention·Gross Retention·ARR·ARR Growth·CAC Payback

trending_upEfficiency & Investment Trends

biotechR&D Intensity Trend

R&D expense as % of revenue over time

insightsOperating Leverage Trend

Operating leverage ratio (margin expansion vs growth)

check_circle

Growing efficiently. Operating income is expanding faster than revenue growth, indicating positive operating leverage.

Insider Trading Activity

DateInsiderTitleTransactionSharesPriceValue
2026-06-17Form 4 — 0001193125-26-274331
2026-06-17Form 4 — 0001193125-26-274325
2026-06-17Form 4 — 0001193125-26-274340
2026-06-17Form 4 — 0001193125-26-274328
2026-06-02Form 4 — 0001193125-26-253820
2026-03-17Form 4 — 0001193125-26-111092
2026-03-17Form 4 — 0001193125-26-111061
2026-03-17Form 4 — 0001193125-26-111082
2026-03-17Form 4 — 0001193125-26-111041

Analyst Ratings

BuyAvg. price target: $56.67as of 2026-06-08
Buy 20 (63%)Hold 12 (38%)Sell 0 (0%)

From the makers of SaaSDB

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compare_arrowsCompare Nutanix, Inc. Against Sector Peers