Nutanix, Inc.
NTNXQ3 2024(NTNX Q4 FY2024)Estimated4% AI
AI Revenue %
4%
AI Fair Value
$186.7M
AI Revenue (Q)
$23.6M
Total Revenue (Q)
$591.0M
Source: SEC EDGAR 10-K Filing
View 10-K on SEC.govAnalysis
Q4 FY2024 (FYE Jul 31, 2024): Annual revenue $2,148.8M. Q4 standalone: $2,148.8M - $1,600.9M = $548.0M. The FY2024 10-K is the first filing to prominently feature AI in the business description, listing 'enterprise artificial intelligence (AI) workloads (including machine learning (ML) and generative AI workloads)' as a supported workload category. It describes GPT-in-a-Box, Nutanix Enterprise AI (NAI), and the Nutanix Kubernetes Platform. However, there is still no AI revenue breakout -- single segment only. Increased to 4% reflecting the maturation of Nutanix's AI product portfolio and growing enterprise on-prem AI demand. Math: $548.0M * 4% = ~$21.9M.
Analyzed by claude-opus-4-6
Quoted Figures
Total revenue $2,148,816 thousand for fiscal year ended July 31, 2024
10-K FY2024, Segment Note
Nutanix Cloud Platform supports 'enterprise artificial intelligence (AI) workloads (including machine learning (ML) and generative AI workloads)'
10-K FY2024, Item 1 Business
GPT-in-a-Box: 'a turnkey full-stack AI solution that includes hardware and software needed to run generative AI models on-premises'
10-K FY2024, Item 1 Business
AI Products Identified (Ring 1)
GPT-in-a-BoxNutanix Enterprise AI (NAI)Nutanix Kubernetes PlatformNutanix Cloud Platform (AI workloads)
AI-Enabled Items (Ring 2 — Not Counted)
These items use AI but are not counted in the AI revenue estimate because they primarily serve non-AI functions.
Nutanix AHV hypervisorNutanix AOS storage
Confidence Tier
EstimatedNo direct AI revenue disclosure — estimated from product mix