Nutanix vs Okta
Nutanix and Okta are similar in size: $2.85bn and $2.92bn of revenue in their latest fiscal years. Nutanix grew faster (12.4% against 11.8%). Nutanix kept more of each dollar of sales as profit: a net margin of 52.8% against 8.1%.
| Latest fiscal year | NutanixNTNX, 2026 | OktaOKTA, 2026 |
|---|---|---|
| Revenue | $2.85bn | $2.92bn |
| Revenue growth | 12.4% | 11.8% |
| Net income | $1.51bn | $235m |
| Operating margin | 9.6% | 5.1% |
| Net margin | 52.8% | 8.1% |
| Return on equity | — | 3.5% |
| Free cash flow | $841m | $875m |
| Cash | $777m | $858m |
| Total debt | $1.35bn | — |
| Debt to equity | 192.0% | — |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | $484m | $73.0m |
| Employees | 8,350 | 6,366 |
| Market value | $19.05bn | $33.07bn |
| Price vs our value range | Within our value range | Above our value range |
| Moat score | 43 (Weak) | 39 (Weak) |
| Insider trades, 12 months | 0 buys, 11 sales | 2 buys, 86 sales |