10-Q Filing

NUTANIX, INC. CIK: 1618732 Q3 2022

Filing Information

Form Type	10-Q
Accession Number	`0000950170-22-011081`
Period End Date	20220430
Filing Date	20220602
Fiscal Year	2022
Fiscal Period	Q3
XBRL Instance	ntnx-20220430_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 96 Income Statement 60 Cash Flow Statement 93 Stockholders Equity 55 Comprehensive Income 16

Balance Sheet 96 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$274.68M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$285.72M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$386.72M	USD	Point-in-time
Short-term investments	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$928.01M	USD	Point-in-time
Short-term investments	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$913.90M	USD	Point-in-time
Accounts receivable, net of allowances of $892 and $633, respectively	`AccountsReceivableNetCurrent`	$180.78M	USD	Point-in-time
Accounts receivable, net of allowances of $892 and $633, respectively	`AccountsReceivableNetCurrent`	$180.39M	USD	Point-in-time
Deferred commissionscurrent	`Deferredcommissionscurrentportion`	$109.04M	USD	Point-in-time
Deferred commissionscurrent	`Deferredcommissionscurrentportion`	$110.94M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$86.33M	USD	Point-in-time
Accounts receivable, allowance for credit loss	`AllowanceForDoubtfulAccountsReceivable`	$633.00K	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$56.82M	USD	Point-in-time
Accounts receivable, allowance for credit loss	`AllowanceForDoubtfulAccountsReceivable`	$892.00K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.68B	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	-	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	-	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.56B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$117.49M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	200.00M	shares	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	200.00M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$131.62M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$105.90M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$83.43M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Deferred commissionsnon-current	`Deferredsalescommissionsnoncurrent`	$232.49M	USD	Point-in-time
Deferred commissionsnon-current	`Deferredsalescommissionsnoncurrent`	$244.75M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	-	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$19.85M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	-	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	-	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$32.01M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	1.20B	shares	Point-in-time
Goodwill	`Goodwill`	$185.26M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	1.04B	shares	Point-in-time
Goodwill	`Goodwill`	$185.26M	USD	Point-in-time
Other assetsnon-current	`OtherAssetsNoncurrent`	$27.95M	USD	Point-in-time
Other assetsnon-current	`OtherAssetsNoncurrent`	$28.73M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	224.28M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	214.21M	shares	Point-in-time
Total assets	`Assets`	$2.36B	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	214.21M	shares	Point-in-time
Total assets	`Assets`	$2.28B	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	224.28M	shares	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$53.44M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$47.06M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$123.11M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$162.34M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$39.40M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$48.04M	USD	Point-in-time
Deferred revenuecurrent	`ContractWithCustomerLiabilityCurrent`	$636.42M	USD	Point-in-time
Deferred revenuecurrent	`ContractWithCustomerLiabilityCurrent`	$721.85M	USD	Point-in-time
Operating lease liabilitiescurrent	`OperatingLeaseLiabilityCurrent`	$44.17M	USD	Point-in-time
Operating lease liabilitiescurrent	`OperatingLeaseLiabilityCurrent`	$42.67M	USD	Point-in-time
Convertible senior notes, net-current	`ConvertibleNotesPayableCurrent`	-	USD	Point-in-time
Convertible senior notes, net-current	`ConvertibleNotesPayableCurrent`	$145.31M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.14B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$927.89M	USD	Point-in-time
Deferred revenuenon-current	`ContractWithCustomerLiabilityNoncurrent`	$676.50M	USD	Point-in-time
Deferred revenuenon-current	`ContractWithCustomerLiabilityNoncurrent`	$710.13M	USD	Point-in-time
Operating lease liabilitiesnon-current	`OperatingLeaseLiabilityNoncurrent`	$86.60M	USD	Point-in-time
Operating lease liabilitiesnon-current	`OperatingLeaseLiabilityNoncurrent`	$54.37M	USD	Point-in-time
Convertible senior notes, net	`ConvertibleLongTermNotesPayable`	$1.15B	USD	Point-in-time
Convertible senior notes, net	`ConvertibleLongTermNotesPayable`	$1.06B	USD	Point-in-time
Derivative liability	`DerivativeLiabilities`	-	USD	Point-in-time
Derivative liability	`DerivativeLiabilities`	$698.21M	USD	Point-in-time
Derivative liability	`DerivativeLiabilities`	-	USD	Point-in-time
Derivative liability	`DerivativeLiabilities`	$500.18M	USD	Point-in-time
Other liabilitiesnon-current	`OtherLiabilitiesNoncurrent`	$42.68M	USD	Point-in-time
Other liabilitiesnon-current	`OtherLiabilitiesNoncurrent`	$31.29M	USD	Point-in-time
Total liabilities	`Liabilities`	$3.08B	USD	Point-in-time
Total liabilities	`Liabilities`	$3.29B	USD	Point-in-time
Commitments and contingencies (Note 7)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 7)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, par value of $0.000025 per share - 200,000 shares authorized as of July 31, 2021 and April 30, 2022; no shares issued and outstanding as of July 31, 2021 and April 30, 2022	`PreferredStockValueOutstanding`	-	USD	Point-in-time
Preferred stock, par value of $0.000025 per share - 200,000 shares authorized as of July 31, 2021 and April 30, 2022; no shares issued and outstanding as of July 31, 2021 and April 30, 2022	`PreferredStockValueOutstanding`	-	USD	Point-in-time
Common stock, par value of $0.000025 per share -1,200,000 (1,000,000 Class A, 200,000 Class B) and 1,042,004 (1,000,000 Class A, 42,004 Class B) shares authorized as of July 31, 2021 and April 30, 2022, respectively; 214,210 (208,579 Class A and 5,631 Class B) and 0 (0 Class A and zero Class B) shares issued and outstanding as of July 31, 2021 and April 30, 2022, respectively	`CommonStockValue`	$5.00K	USD	Point-in-time
Common stock, par value of $0.000025 per share -1,200,000 (1,000,000 Class A, 200,000 Class B) and 1,042,004 (1,000,000 Class A, 42,004 Class B) shares authorized as of July 31, 2021 and April 30, 2022, respectively; 214,210 (208,579 Class A and 5,631 Class B) and 0 (0 Class A and zero Class B) shares issued and outstanding as of July 31, 2021 and April 30, 2022, respectively	`CommonStockValue`	$5.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$3.50B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$2.62B	USD	Point-in-time
Accumulated other comprehensive (loss) income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-8.00K	USD	Point-in-time
Accumulated other comprehensive (loss) income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-6.15M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-4.22B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-3.63B	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$-725.62M	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$-758.39M	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$-746.77M	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$-721.87M	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$-1.01B	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$-274.98M	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$-698.74M	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$-557.36M	USD	Point-in-time
Total liabilities and stockholders deficit	`LiabilitiesAndStockholdersEquity`	$2.28B	USD	Point-in-time
Total liabilities and stockholders deficit	`LiabilitiesAndStockholdersEquity`	$2.36B	USD	Point-in-time

Income Statement 60 line items

Line Item	Tag	Value	Unit	Period
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$344.51M	USD	1 Quarter
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$403.66M	USD	1 Quarter
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.20B	USD	3 Qtrs
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.00B	USD	3 Qtrs
Total cost of revenue	`CostOfGoodsAndServicesSold`	$79.85M	USD	1 Quarter
Total cost of revenue	`CostOfGoodsAndServicesSold`	$74.47M	USD	1 Quarter
Total cost of revenue	`CostOfGoodsAndServicesSold`	$241.26M	USD	3 Qtrs
Total cost of revenue	`CostOfGoodsAndServicesSold`	$213.39M	USD	3 Qtrs
Gross profit	`GrossProfit`	$323.81M	USD	1 Quarter
Gross profit	`GrossProfit`	$270.03M	USD	1 Quarter
Gross profit	`GrossProfit`	$790.26M	USD	3 Qtrs
Gross profit	`GrossProfit`	$953.99M	USD	3 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$726.20M	USD	3 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$263.36M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$234.53M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$781.72M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$142.07M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$416.29M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$144.92M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$427.95M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$39.55M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$123.87M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$42.33M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$111.14M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$450.61M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$1.28B	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$416.16M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$1.31B	USD	3 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-92.35M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-180.57M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-518.89M	USD	3 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-324.02M	USD	3 Qtrs
Other income (expense), net	`NonoperatingIncomeExpense`	$-143.38M	USD	3 Qtrs
Other income (expense), net	`NonoperatingIncomeExpense`	$61.35M	USD	1 Quarter
Other income (expense), net	`NonoperatingIncomeExpense`	$-15.68M	USD	1 Quarter
Other income (expense), net	`NonoperatingIncomeExpense`	$-309.56M	USD	3 Qtrs
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-662.27M	USD	3 Qtrs
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-119.22M	USD	1 Quarter
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-108.02M	USD	1 Quarter
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-633.58M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$3.61M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$13.80M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$4.42M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$12.97M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-646.55M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-115.06M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-265.05M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-123.64M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-111.64M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-287.39M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-676.08M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-419.85M	USD	1 Quarter
Net loss per share attributable to Class A and Class B common stockholdersbasic and diluted	`EarningsPerShareBasicAndDiluted`	$-3.31	USD	3 Qtrs
Net loss per share attributable to Class A and Class B common stockholdersbasic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.60	USD	1 Quarter
Net loss per share attributable to Class A and Class B common stockholdersbasic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.50	USD	1 Quarter
Net loss per share attributable to Class A and Class B common stockholdersbasic and diluted	`EarningsPerShareBasicAndDiluted`	$-2.95	USD	3 Qtrs
Weighted average shares used in computing net loss per share attributable to Class A and Class B common stockholdersbasic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	207.72M	shares	1 Quarter
Weighted average shares used in computing net loss per share attributable to Class A and Class B common stockholdersbasic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	218.89M	shares	3 Qtrs
Weighted average shares used in computing net loss per share attributable to Class A and Class B common stockholdersbasic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	222.47M	shares	1 Quarter
Weighted average shares used in computing net loss per share attributable to Class A and Class B common stockholdersbasic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	204.41M	shares	3 Qtrs

Cash Flow Statement 93 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-646.55M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-115.06M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-265.05M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-123.64M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-111.64M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-287.39M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-676.08M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-419.85M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$67.12M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$70.61M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$263.10M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$268.94M	USD	3 Qtrs
Change in fair value of derivative liability	`IncreaseDecreaseInDerivativeLiabilities`	$198.04M	USD	Point-in-time
Change in fair value of derivative liability	`IncreaseDecreaseInDerivativeLiabilities`	$81.35M	USD	3 Qtrs
Change in fair value of derivative liability	`IncreaseDecreaseInDerivativeLiabilities`	$198.04M	USD	3 Qtrs
Loss on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	$-64.91M	USD	3 Qtrs
Loss on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	-	USD	3 Qtrs
Amortization of debt discount and issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$29.93M	USD	3 Qtrs
Amortization of debt discount and issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$46.18M	USD	3 Qtrs
Operating lease cost, net of accretion	`IncreaseDecreaseinOperatingLeaseCostNetofAccretion`	$27.50M	USD	3 Qtrs
Operating lease cost, net of accretion	`IncreaseDecreaseinOperatingLeaseCostNetofAccretion`	$25.82M	USD	3 Qtrs
Impairment of lease-related assets	`OperatingLeaseImpairmentLoss`	$2.80M	USD	1 Quarter
Impairment of lease-related assets	`OperatingLeaseImpairmentLoss`	-	USD	3 Qtrs
Impairment of lease-related assets	`OperatingLeaseImpairmentLoss`	$2.82M	USD	3 Qtrs
Non-cash interest expense	`NoncashInterestExpense`	$14.41M	USD	3 Qtrs
Non-cash interest expense	`NoncashInterestExpense`	$11.33M	USD	3 Qtrs
Other	`OtherNoncashIncomeExpense`	$-7.03M	USD	3 Qtrs
Other	`OtherNoncashIncomeExpense`	$-7.18M	USD	3 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$-4.19M	USD	3 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$-102.03M	USD	3 Qtrs
Deferred commissions	`IncreaseDecreaseInDeferredCharges`	$10.38M	USD	3 Qtrs
Deferred commissions	`IncreaseDecreaseInDeferredCharges`	$94.03M	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$4.38M	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$31.72M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$4.16M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$542.00K	USD	3 Qtrs
Accrued compensation and benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$17.52M	USD	3 Qtrs
Accrued compensation and benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-46.38M	USD	3 Qtrs
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilities`	$4.04M	USD	3 Qtrs
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilities`	$4.51M	USD	3 Qtrs
Operating leases, net	`IncreaseDecreaseinOperatingLeasesNet`	$-26.86M	USD	3 Qtrs
Operating leases, net	`IncreaseDecreaseinOperatingLeasesNet`	$-35.74M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$115.27M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$87.96M	USD	3 Qtrs
Net cash (used in) provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-75.18M	USD	3 Qtrs
Net cash (used in) provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$29.54M	USD	3 Qtrs
Maturities of investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$486.64M	USD	3 Qtrs
Maturities of investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$778.91M	USD	3 Qtrs
Purchases of investments	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$1.15B	USD	3 Qtrs
Purchases of investments	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$794.18M	USD	3 Qtrs
Sales of investments	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$70.06M	USD	3 Qtrs
Sales of investments	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$18.00M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$34.28M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$41.11M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-31.55M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-629.75M	USD	3 Qtrs
Payments of debt extinguishment costs	`PaymentsOfDebtExtinguishmentCosts`	$14.71M	USD	3 Qtrs
Payments of debt extinguishment costs	`PaymentsOfDebtExtinguishmentCosts`	-	USD	3 Qtrs
Proceeds from unwinding of convertible note hedges	`ProceedsFromHedgeFinancingActivities`	-	USD	3 Qtrs
Proceeds from unwinding of convertible note hedges	`ProceedsFromHedgeFinancingActivities`	$39.88M	USD	3 Qtrs
Payments for unwinding of warrants	`PaymentForUnwindWarrantTransactions`	$18.39M	USD	3 Qtrs
Payments for unwinding of warrants	`PaymentForUnwindWarrantTransactions`	-	USD	3 Qtrs
Proceeds from sales of shares through employee equity incentive plans	`ProceedsFromStockPlans`	$66.64M	USD	3 Qtrs
Proceeds from sales of shares through employee equity incentive plans	`ProceedsFromStockPlans`	$62.34M	USD	3 Qtrs
Proceeds from the issuance of convertible notes, net of issuance costs	`ProceedsFromIssuanceOfDebt`	$88.69M	USD	3 Qtrs
Proceeds from the issuance of convertible notes, net of issuance costs	`ProceedsFromIssuanceOfDebt`	$723.62M	USD	3 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$125.08M	USD	3 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$58.57M	USD	3 Qtrs
Payment of finance lease obligations	`PaymentOfFinanceLeaseObligations`	$626.00K	USD	3 Qtrs
Payment of finance lease obligations	`PaymentOfFinanceLeaseObligations`	-	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$102.92M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$660.88M	USD	3 Qtrs
Net (decrease) increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-44.05M	USD	3 Qtrs
Net (decrease) increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$100.91M	USD	3 Qtrs
Cash, cash equivalents and restricted cashbeginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$321.99M	USD	Point-in-time
Cash, cash equivalents and restricted cashbeginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$288.87M	USD	Point-in-time
Cash, cash equivalents and restricted cashbeginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$389.78M	USD	Point-in-time
Cash, cash equivalents and restricted cashbeginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$277.94M	USD	Point-in-time
Cash, cash equivalents and restricted cashend of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$321.99M	USD	Point-in-time
Cash, cash equivalents and restricted cashend of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$288.87M	USD	Point-in-time
Cash, cash equivalents and restricted cashend of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$389.78M	USD	Point-in-time
Cash, cash equivalents and restricted cashend of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$277.94M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$3.27M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$3.06M	USD	Point-in-time
Cash and cash equivalentsend of period	`CashAndCashEquivalentsAtCarryingValue`	$274.68M	USD	Point-in-time
Cash and cash equivalentsend of period	`CashAndCashEquivalentsAtCarryingValue`	$285.72M	USD	Point-in-time
Cash and cash equivalentsend of period	`CashAndCashEquivalentsAtCarryingValue`	$386.72M	USD	Point-in-time
Cash paid for income taxes	`IncomeTaxesPaidNet`	$13.22M	USD	3 Qtrs
Cash paid for income taxes	`IncomeTaxesPaidNet`	$17.10M	USD	3 Qtrs
Purchases of property and equipment included in accounts payable and accrued and other liabilities	`CapitalExpendituresIncurredButNotYetPaid`	$20.03M	USD	3 Qtrs
Purchases of property and equipment included in accounts payable and accrued and other liabilities	`CapitalExpendituresIncurredButNotYetPaid`	$12.58M	USD	3 Qtrs
Finance lease liabilities arising from obtaining right-of-use assets	`FinanceLeaseLiabilitiesArisingFromObtainingRightOfUseAssets`	$5.77M	USD	3 Qtrs
Finance lease liabilities arising from obtaining right-of-use assets	`FinanceLeaseLiabilitiesArisingFromObtainingRightOfUseAssets`	$11.16M	USD	3 Qtrs

Stockholders Equity 55 line items

Line Item	Tag	Value	Unit	Period
Stockholders' equity, beginning balance	`StockholdersEquity`	$-725.62M	USD	Point-in-time
Stockholders' equity, beginning balance	`StockholdersEquity`	$-758.39M	USD	Point-in-time
Stockholders' equity, beginning balance	`StockholdersEquity`	$-746.77M	USD	Point-in-time
Stockholders' equity, beginning balance	`StockholdersEquity`	$-721.87M	USD	Point-in-time
Stockholders' equity, beginning balance	`StockholdersEquity`	$-1.01B	USD	Point-in-time
Stockholders' equity, beginning balance	`StockholdersEquity`	$-274.98M	USD	Point-in-time
Stockholders' equity, beginning balance	`StockholdersEquity`	$-698.74M	USD	Point-in-time
Stockholders' equity, beginning balance	`StockholdersEquity`	$-557.36M	USD	Point-in-time
Stockholders' equity, beginning balance (in shares)	`CommonStockSharesOutstanding`	214.21M	shares	Point-in-time
Stockholders' equity, beginning balance (in shares)	`CommonStockSharesOutstanding`	224.28M	shares	Point-in-time
2026 Notes derivative liability reclassification	`AdjustmentsToAdditionalPaidInCapitalDerivativeLiabilityReclassification`	$698.21M	USD	1 Quarter
Issuance of common stock through employee equity incentive plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$744.00K	USD	1 Quarter
Issuance of common stock through employee equity incentive plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$8.34M	USD	1 Quarter
Issuance of common stock through employee equity incentive plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$2.22M	USD	1 Quarter
Issuance of common stock through employee equity incentive plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$1.35M	USD	1 Quarter
Issuance of common stock through employee equity incentive plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$1.91M	USD	1 Quarter
Issuance of common stock through employee equity incentive plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$1.63M	USD	1 Quarter
Issuance of common stock from ESPP purchase	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$33.85M	USD	1 Quarter
Issuance of common stock from ESPP purchase	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$28.79M	USD	1 Quarter
Issuance of common stock from ESPP purchase	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$18.07M	USD	1 Quarter
Issuance of common stock from ESPP purchase	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$32.10M	USD	1 Quarter
Repurchase and retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$58.57M	USD	1 Quarter
Repurchase and retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$125.08M	USD	1 Quarter
Unwinding of 2023 Notes hedges	`UnwindingOfNotesHedges`	$39.88M	USD	1 Quarter
Unwinding of 2023 Notes warrants	`WarrantDownRoundFeatureIncreaseDecreaseInEquityAmount`	$18.39M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$95.29M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$90.55M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$89.20M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$88.05M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$84.51M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$84.45M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-3.71M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-1.78M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-651.00K	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-465.00K	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-323.00K	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-1.15M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-646.55M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-115.06M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-265.05M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-123.64M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-111.64M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-287.39M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-676.08M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-419.85M	USD	1 Quarter
Stockholders' equity, ending balance	`StockholdersEquity`	$-725.62M	USD	Point-in-time
Stockholders' equity, ending balance	`StockholdersEquity`	$-758.39M	USD	Point-in-time
Stockholders' equity, ending balance	`StockholdersEquity`	$-746.77M	USD	Point-in-time
Stockholders' equity, ending balance	`StockholdersEquity`	$-721.87M	USD	Point-in-time
Stockholders' equity, ending balance	`StockholdersEquity`	$-1.01B	USD	Point-in-time
Stockholders' equity, ending balance	`StockholdersEquity`	$-274.98M	USD	Point-in-time
Stockholders' equity, ending balance	`StockholdersEquity`	$-698.74M	USD	Point-in-time
Stockholders' equity, ending balance	`StockholdersEquity`	$-557.36M	USD	Point-in-time
Stockholders' equity, ending balance (in shares)	`CommonStockSharesOutstanding`	214.21M	shares	Point-in-time
Stockholders' equity, ending balance (in shares)	`CommonStockSharesOutstanding`	224.28M	shares	Point-in-time

Comprehensive Income 16 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-646.55M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-115.06M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-265.05M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-123.64M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-111.64M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-287.39M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-676.08M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-419.85M	USD	1 Quarter
Change in unrealized loss on available-for-sale securities, net of tax	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-3.71M	USD	1 Quarter
Change in unrealized loss on available-for-sale securities, net of tax	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-465.00K	USD	1 Quarter
Change in unrealized loss on available-for-sale securities, net of tax	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-1.94M	USD	3 Qtrs
Change in unrealized loss on available-for-sale securities, net of tax	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-6.14M	USD	3 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-652.69M	USD	3 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-124.11M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-678.02M	USD	3 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-115.35M	USD	1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.