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Side-by-side financial comparison of Nutanix, Inc. (NTNX) and Under Armour, Inc. (UAA). Click either name above to swap in a different company.
Under Armour, Inc. is the larger business by last-quarter revenue ($1.3B vs $670.6M, roughly 2.0× Nutanix, Inc.). Nutanix, Inc. runs the higher net margin — 9.3% vs -32.4%, a 41.7% gap on every dollar of revenue. On growth, Nutanix, Inc. posted the faster year-over-year revenue change (13.5% vs -5.2%). Under Armour, Inc. produced more free cash flow last quarter ($261.9M vs $174.5M). Over the past eight quarters, Nutanix, Inc.'s revenue compounded faster (8.9% CAGR vs -0.2%).
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.
Under Armour, Inc. is an American sportswear company that manufactures footwear and apparel headquartered in Baltimore, Maryland, United States.
NTNX vs UAA — Head-to-Head
Income Statement — Q1 FY2026 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $670.6M | $1.3B |
| Net Profit | $62.1M | $-430.8M |
| Gross Margin | 87.0% | 44.4% |
| Operating Margin | 7.4% | -11.3% |
| Net Margin | 9.3% | -32.4% |
| Revenue YoY | 13.5% | -5.2% |
| Net Profit YoY | 107.5% | -35013.0% |
| EPS (diluted) | $0.21 | $-1.01 |
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.
| Q4 25 | $670.6M | $1.3B | ||
| Q3 25 | $653.3M | $1.3B | ||
| Q2 25 | $639.0M | $1.1B | ||
| Q1 25 | $654.7M | $1.2B | ||
| Q4 24 | $591.0M | $1.4B | ||
| Q3 24 | $548.0M | $1.4B | ||
| Q2 24 | $524.6M | $1.2B | ||
| Q1 24 | $565.2M | $1.3B |
| Q4 25 | $62.1M | $-430.8M | ||
| Q3 25 | $38.6M | $-18.8M | ||
| Q2 25 | $63.4M | $-2.6M | ||
| Q1 25 | $56.4M | $-67.5M | ||
| Q4 24 | $29.9M | $1.2M | ||
| Q3 24 | $-126.1M | $170.4M | ||
| Q2 24 | $-15.6M | $-305.4M | ||
| Q1 24 | $32.8M | $6.6M |
| Q4 25 | 87.0% | 44.4% | ||
| Q3 25 | 87.2% | 47.3% | ||
| Q2 25 | 87.0% | 48.2% | ||
| Q1 25 | 87.0% | 46.7% | ||
| Q4 24 | 86.0% | 47.5% | ||
| Q3 24 | 85.2% | 49.8% | ||
| Q2 24 | 84.8% | 47.5% | ||
| Q1 24 | 85.6% | 45.0% |
| Q4 25 | 7.4% | -11.3% | ||
| Q3 25 | 4.8% | 1.3% | ||
| Q2 25 | 7.6% | 0.3% | ||
| Q1 25 | 10.0% | -6.1% | ||
| Q4 24 | 4.6% | 1.0% | ||
| Q3 24 | -2.2% | 12.4% | ||
| Q2 24 | -2.2% | -25.3% | ||
| Q1 24 | 6.6% | -0.3% |
| Q4 25 | 9.3% | -32.4% | ||
| Q3 25 | 5.9% | -1.4% | ||
| Q2 25 | 9.9% | -0.2% | ||
| Q1 25 | 8.6% | -5.7% | ||
| Q4 24 | 5.1% | 0.1% | ||
| Q3 24 | -23.0% | 12.2% | ||
| Q2 24 | -3.0% | -25.8% | ||
| Q1 24 | 5.8% | 0.5% |
| Q4 25 | $0.21 | $-1.01 | ||
| Q3 25 | $0.14 | $-0.04 | ||
| Q2 25 | $0.22 | $-0.01 | ||
| Q1 25 | $0.19 | $-0.16 | ||
| Q4 24 | $0.10 | $0.00 | ||
| Q3 24 | $-0.50 | $0.39 | ||
| Q2 24 | $-0.06 | $-0.70 | ||
| Q1 24 | $0.12 | $0.02 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $780.4M | $464.6M |
| Total DebtLower is stronger | — | $989.7M |
| Stockholders' EquityBook value | $-668.6M | $1.4B |
| Total Assets | $3.3B | $4.6B |
| Debt / EquityLower = less leverage | — | 0.69× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $780.4M | $464.6M | ||
| Q3 25 | $769.5M | $396.0M | ||
| Q2 25 | $872.6M | $911.0M | ||
| Q1 25 | $1.1B | $501.4M | ||
| Q4 24 | $716.6M | $726.9M | ||
| Q3 24 | $655.3M | $530.7M | ||
| Q2 24 | $598.0M | $884.6M | ||
| Q1 24 | $679.2M | $858.7M |
| Q4 25 | — | $989.7M | ||
| Q3 25 | — | $1.2B | ||
| Q2 25 | — | $989.2M | ||
| Q1 25 | — | $595.1M | ||
| Q4 24 | — | $595.2M | ||
| Q3 24 | — | $594.6M | ||
| Q2 24 | — | $595.4M | ||
| Q1 24 | — | $675.8M |
| Q4 25 | $-668.6M | $1.4B | ||
| Q3 25 | $-694.5M | $1.9B | ||
| Q2 25 | $-711.4M | $1.9B | ||
| Q1 25 | $-807.7M | $1.9B | ||
| Q4 24 | $-685.3M | $2.0B | ||
| Q3 24 | $-728.1M | $2.0B | ||
| Q2 24 | $-619.5M | $1.8B | ||
| Q1 24 | $-611.7M | $2.2B |
| Q4 25 | $3.3B | $4.6B | ||
| Q3 25 | $3.3B | $4.9B | ||
| Q2 25 | $3.1B | $4.9B | ||
| Q1 25 | $3.0B | $4.3B | ||
| Q4 24 | $2.2B | $4.6B | ||
| Q3 24 | $2.1B | $4.5B | ||
| Q2 24 | $2.8B | $4.9B | ||
| Q1 24 | $2.7B | $4.8B |
| Q4 25 | — | 0.69× | ||
| Q3 25 | — | 0.64× | ||
| Q2 25 | — | 0.53× | ||
| Q1 25 | — | 0.31× | ||
| Q4 24 | — | 0.30× | ||
| Q3 24 | — | 0.30× | ||
| Q2 24 | — | 0.33× | ||
| Q1 24 | — | 0.31× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $196.8M | $278.1M |
| Free Cash FlowOCF − Capex | $174.5M | $261.9M |
| FCF MarginFCF / Revenue | 26.0% | 19.7% |
| Capex IntensityCapex / Revenue | 3.3% | 1.2% |
| Cash ConversionOCF / Net Profit | 3.17× | — |
| TTM Free Cash FlowTrailing 4 quarters | $772.8M | $-45.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $196.8M | $278.1M | ||
| Q3 25 | $219.5M | $-69.8M | ||
| Q2 25 | $218.5M | $48.9M | ||
| Q1 25 | $221.7M | $-202.2M | ||
| Q4 24 | $161.8M | $311.3M | ||
| Q3 24 | $244.7M | $-321.4M | ||
| Q2 24 | $96.4M | $153.0M | ||
| Q1 24 | $186.4M | $-122.9M |
| Q4 25 | $174.5M | $261.9M | ||
| Q3 25 | $207.8M | $-90.3M | ||
| Q2 25 | $203.4M | $13.5M | ||
| Q1 25 | $187.1M | $-231.0M | ||
| Q4 24 | $151.9M | $262.9M | ||
| Q3 24 | $224.3M | $-367.2M | ||
| Q2 24 | $78.3M | $107.3M | ||
| Q1 24 | $162.6M | $-156.7M |
| Q4 25 | 26.0% | 19.7% | ||
| Q3 25 | 31.8% | -6.8% | ||
| Q2 25 | 31.8% | 1.2% | ||
| Q1 25 | 28.6% | -19.6% | ||
| Q4 24 | 25.7% | 18.8% | ||
| Q3 24 | 40.9% | -26.2% | ||
| Q2 24 | 14.9% | 9.1% | ||
| Q1 24 | 28.8% | -11.8% |
| Q4 25 | 3.3% | 1.2% | ||
| Q3 25 | 1.8% | 1.5% | ||
| Q2 25 | 2.4% | 3.1% | ||
| Q1 25 | 5.3% | 2.4% | ||
| Q4 24 | 1.7% | 3.5% | ||
| Q3 24 | 3.7% | 3.3% | ||
| Q2 24 | 3.4% | 3.9% | ||
| Q1 24 | 4.2% | 2.5% |
| Q4 25 | 3.17× | — | ||
| Q3 25 | 5.68× | — | ||
| Q2 25 | 3.45× | — | ||
| Q1 25 | 3.93× | — | ||
| Q4 24 | 5.41× | 252.26× | ||
| Q3 24 | — | -1.89× | ||
| Q2 24 | — | — | ||
| Q1 24 | 5.68× | -18.71× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
NTNX
| Services | $335.5M | 50% |
| Subscriptionand Circulation Software Entitlementand Support Subscription | $320.8M | 48% |
| Other | $14.3M | 2% |
UAA
| Apparel | $934.0M | 70% |
| Footwear | $265.1M | 20% |
| Accessories | $107.7M | 8% |
| License | $27.2M | 2% |
