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Side-by-side financial comparison of Nutanix, Inc. (NTNX) and RB GLOBAL INC. (RBA). Click either name above to swap in a different company.

RB GLOBAL INC. is the larger business by last-quarter revenue ($1.2B vs $670.6M, roughly 1.8× Nutanix, Inc.). Nutanix, Inc. runs the higher net margin — 9.3% vs 9.1%, a 0.1% gap on every dollar of revenue. On growth, Nutanix, Inc. posted the faster year-over-year revenue change (13.5% vs 5.4%). RB GLOBAL INC. produced more free cash flow last quarter ($186.5M vs $174.5M). Over the past eight quarters, Nutanix, Inc.'s revenue compounded faster (8.9% CAGR vs 6.3%).

Nutanix, Inc. is an American cloud computing company that sells software for datacenters and hybrid multi-cloud deployments. This includes software for virtualization, Kubernetes, database-as-a-service, software-defined networking, security, as well as software-defined storage for file, object, and block storage.

Ritchie Bros. Auctioneers (RBA), or simply Ritchie Bros., is a publicly traded company legally domiciled in Canada with headquarters in Westchester, Illinois. Its common shares are traded on the Toronto Stock Exchange and the New York Stock Exchange.

NTNX vs RBA — Head-to-Head

Bigger by revenue
RBA
RBA
1.8× larger
RBA
$1.2B
$670.6M
NTNX
Growing faster (revenue YoY)
NTNX
NTNX
+8.1% gap
NTNX
13.5%
5.4%
RBA
Higher net margin
NTNX
NTNX
0.1% more per $
NTNX
9.3%
9.1%
RBA
More free cash flow
RBA
RBA
$12.0M more FCF
RBA
$186.5M
$174.5M
NTNX
Faster 2-yr revenue CAGR
NTNX
NTNX
Annualised
NTNX
8.9%
6.3%
RBA

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
NTNX
NTNX
RBA
RBA
Revenue
$670.6M
$1.2B
Net Profit
$62.1M
$109.7M
Gross Margin
87.0%
Operating Margin
7.4%
14.7%
Net Margin
9.3%
9.1%
Revenue YoY
13.5%
5.4%
Net Profit YoY
107.5%
-7.4%
EPS (diluted)
$0.21
$0.53

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
NTNX
NTNX
RBA
RBA
Q4 25
$670.6M
$1.2B
Q3 25
$653.3M
$1.1B
Q2 25
$639.0M
$1.2B
Q1 25
$654.7M
$1.1B
Q4 24
$591.0M
$1.1B
Q3 24
$548.0M
$981.8M
Q2 24
$524.6M
$1.1B
Q1 24
$565.2M
$1.1B
Net Profit
NTNX
NTNX
RBA
RBA
Q4 25
$62.1M
$109.7M
Q3 25
$38.6M
$95.5M
Q2 25
$63.4M
$109.8M
Q1 25
$56.4M
$113.4M
Q4 24
$29.9M
$118.5M
Q3 24
$-126.1M
$76.1M
Q2 24
$-15.6M
$111.1M
Q1 24
$32.8M
$107.4M
Gross Margin
NTNX
NTNX
RBA
RBA
Q4 25
87.0%
Q3 25
87.2%
Q2 25
87.0%
Q1 25
87.0%
Q4 24
86.0%
Q3 24
85.2%
Q2 24
84.8%
Q1 24
85.6%
Operating Margin
NTNX
NTNX
RBA
RBA
Q4 25
7.4%
14.7%
Q3 25
4.8%
14.5%
Q2 25
7.6%
15.9%
Q1 25
10.0%
17.1%
Q4 24
4.6%
18.1%
Q3 24
-2.2%
15.6%
Q2 24
-2.2%
18.4%
Q1 24
6.6%
18.7%
Net Margin
NTNX
NTNX
RBA
RBA
Q4 25
9.3%
9.1%
Q3 25
5.9%
8.7%
Q2 25
9.9%
9.3%
Q1 25
8.6%
10.2%
Q4 24
5.1%
10.4%
Q3 24
-23.0%
7.8%
Q2 24
-3.0%
10.1%
Q1 24
5.8%
10.1%
EPS (diluted)
NTNX
NTNX
RBA
RBA
Q4 25
$0.21
$0.53
Q3 25
$0.14
$0.43
Q2 25
$0.22
$0.53
Q1 25
$0.19
$0.55
Q4 24
$0.10
$0.58
Q3 24
$-0.50
$0.36
Q2 24
$-0.06
$0.54
Q1 24
$0.12
$0.53

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
NTNX
NTNX
RBA
RBA
Cash + ST InvestmentsLiquidity on hand
$780.4M
$531.5M
Total DebtLower is stronger
$2.3B
Stockholders' EquityBook value
$-668.6M
$5.6B
Total Assets
$3.3B
$12.1B
Debt / EquityLower = less leverage
0.42×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NTNX
NTNX
RBA
RBA
Q4 25
$780.4M
$531.5M
Q3 25
$769.5M
$674.7M
Q2 25
$872.6M
$710.2M
Q1 25
$1.1B
$578.1M
Q4 24
$716.6M
$533.9M
Q3 24
$655.3M
$650.7M
Q2 24
$598.0M
$599.5M
Q1 24
$679.2M
$462.8M
Total Debt
NTNX
NTNX
RBA
RBA
Q4 25
$2.3B
Q3 25
$2.6B
Q2 25
$2.6B
Q1 25
$2.6B
Q4 24
$2.6B
Q3 24
$2.7B
Q2 24
$2.8B
Q1 24
$2.9B
Stockholders' Equity
NTNX
NTNX
RBA
RBA
Q4 25
$-668.6M
$5.6B
Q3 25
$-694.5M
$5.5B
Q2 25
$-711.4M
$5.5B
Q1 25
$-807.7M
$5.3B
Q4 24
$-685.3M
$5.2B
Q3 24
$-728.1M
$5.2B
Q2 24
$-619.5M
$5.2B
Q1 24
$-611.7M
$5.1B
Total Assets
NTNX
NTNX
RBA
RBA
Q4 25
$3.3B
$12.1B
Q3 25
$3.3B
$12.2B
Q2 25
$3.1B
$12.2B
Q1 25
$3.0B
$11.9B
Q4 24
$2.2B
$11.8B
Q3 24
$2.1B
$11.9B
Q2 24
$2.8B
$12.1B
Q1 24
$2.7B
$12.0B
Debt / Equity
NTNX
NTNX
RBA
RBA
Q4 25
0.42×
Q3 25
0.47×
Q2 25
0.47×
Q1 25
0.50×
Q4 24
0.50×
Q3 24
0.52×
Q2 24
0.55×
Q1 24
0.58×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
NTNX
NTNX
RBA
RBA
Operating Cash FlowLast quarter
$196.8M
$255.2M
Free Cash FlowOCF − Capex
$174.5M
$186.5M
FCF MarginFCF / Revenue
26.0%
15.5%
Capex IntensityCapex / Revenue
3.3%
5.7%
Cash ConversionOCF / Net Profit
3.17×
2.33×
TTM Free Cash FlowTrailing 4 quarters
$772.8M
$719.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NTNX
NTNX
RBA
RBA
Q4 25
$196.8M
$255.2M
Q3 25
$219.5M
$239.7M
Q2 25
$218.5M
$326.5M
Q1 25
$221.7M
$156.8M
Q4 24
$161.8M
$184.5M
Q3 24
$244.7M
$285.4M
Q2 24
$96.4M
$337.3M
Q1 24
$186.4M
$124.8M
Free Cash Flow
NTNX
NTNX
RBA
RBA
Q4 25
$174.5M
$186.5M
Q3 25
$207.8M
$188.5M
Q2 25
$203.4M
$241.7M
Q1 25
$187.1M
$102.5M
Q4 24
$151.9M
$127.9M
Q3 24
$224.3M
$248.5M
Q2 24
$78.3M
$308.6M
Q1 24
$162.6M
$79.6M
FCF Margin
NTNX
NTNX
RBA
RBA
Q4 25
26.0%
15.5%
Q3 25
31.8%
17.3%
Q2 25
31.8%
20.4%
Q1 25
28.6%
9.2%
Q4 24
25.7%
11.2%
Q3 24
40.9%
25.3%
Q2 24
14.9%
28.2%
Q1 24
28.8%
7.5%
Capex Intensity
NTNX
NTNX
RBA
RBA
Q4 25
3.3%
5.7%
Q3 25
1.8%
4.7%
Q2 25
2.4%
7.2%
Q1 25
5.3%
4.9%
Q4 24
1.7%
5.0%
Q3 24
3.7%
3.8%
Q2 24
3.4%
2.6%
Q1 24
4.2%
4.2%
Cash Conversion
NTNX
NTNX
RBA
RBA
Q4 25
3.17×
2.33×
Q3 25
5.68×
2.51×
Q2 25
3.45×
2.97×
Q1 25
3.93×
1.38×
Q4 24
5.41×
1.56×
Q3 24
3.75×
Q2 24
3.04×
Q1 24
5.68×
1.16×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

NTNX
NTNX

Services$335.5M50%
Subscriptionand Circulation Software Entitlementand Support Subscription$320.8M48%
Other$14.3M2%

RBA
RBA

Buyer Revenue$577.2M48%
Seller Revenue$255.2M21%
CA$199.0M17%
Other$124.7M10%
AU$47.3M4%

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