Nutanix, Inc.

Annual Trend FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Revenue:
Total cost of revenue $327.3m $386.0m $304.1m $286.7m $291.9m $321.2m $332.2m $324.1m $334.8m
Gross profit $518.6m $769.4m $932.0m $1.0b $1.1b $1.3b $1.5b $1.8b $2.2b
Research and development $288.6m $313.8m $500.7m $554.0m $557.0m $572.0m $581.0m $639.0m $736.8m
Total operating expenses $867.0m $1.0b $1.5b $1.8b $1.8b $1.7b $1.7b $1.8b $2.0b
(Loss) income from operations ($348.4m) ($280.4m) ($598.0m) ($828.9m) ($660.8m) ($457.4m) ($207.2m) $7.6m $172.5m
Sales and marketing $501.0m $649.7m $909.8m $1.2b $1.1b $978.7m $924.7m $977.3m $1.1b
General and administrative $77.3m $86.4m $119.6m $135.5m $153.8m $166.4m $232.2m $200.9m $237.3m
Provision for income taxes $4.9m $7.4m $8.1m $17.7m $18.5m $19.3m $21.0m $23.5m $23.3m
Net (loss) income ($379.6m) ($297.2m) ($621.2m) ($872.9m) ($1.0b) ($797.5m) ($254.6m) ($124.8m) $188.4m
(Loss) income before provision for income taxes ($374.8m) ($289.7m) ($613.1m) ($855.2m) ($1.0b) ($778.3m) ($233.6m) ($101.3m) $211.6m
Net (loss) income per share attributable to Class A common stockholders, basic ($4) ($5) ($4) ($1) ($1) $1
Net (loss) income per share attributable to Class A common stockholders, diluted ($4) ($5) ($4) ($1) ($1) $1
Weighted average shares used in computing net (loss) income per share attributable to Class A common stockholders, basic $195k $206k $221k $233k $245k $267k
Weighted average shares used in computing net (loss) income per share attributable to Class A common stockholders, diluted $195k $206k $221k $233k $245k $294k
Other (expense) income, net ($26.4m) ($9.3m) ($15.0m) ($26.3m) ($355.0m) ($320.8m) ($26.4m) ($108.9m) $39.1m

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.